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And were still NT Only
Steely old boy, you need to go and sort out a cup of tea and a bit of a sit down. The carer will help if you ask.
More news coming...
xx
They may well be proven reserves , BUT for those who have only been here 5 minutes and have no knowledge of the FACT that we have heard all this years ago with other projects and proven reserves, which Lofgran still didn’t get out of the ground!!!!!!
Stretch looks to be the new resident pumper already. His wacky 200/300 % predictions and 2p tomorrow forecast lmfao
He’ll be gone by the end of the week
Steely old boy, did you or did you not say no oil? The facility was renewed on the basis current production and reserves.
Why not take your bias, lies and losses and do one?
xx
These are PROVEN reserves.
'Probable or Possible reserves have not been included in this assessment. The Company's producing asset Caballos Creek in South Texas has not been included in the Reserves or Senior Facility but is intended to be added in the future.'
Most I mean, 1p today, 2p tomorrow huge news
This is a different fish now, very low market cap, we are at a depressed price, wait for POO to recover further.
Ost of the oil for all oil majors is in the ground what's your point steel titan
UNHELPFUL
The reserves are just numbers.
We’ve had all this previously over the years and until he has it out of the ground it means fook all
Big welcome to the new pumpers joining and rejoining the board
Here we go auction 0.6
200-300% Conservative sp increase on that rns
NT Only
Also worth noting that the $23.7million figure for total future net income of proved reserves in the report is based on a very conservative oil prices eg. $59 per barrel which is far lower than the current oil price
2p today folks
Incoming, what an update...
Hey Expert, wanna update us on your no oil estimates?
Tunisia or Cypress II next?
WOW that is a cracking RNS and explains why we had to wait so long for an update.
Big increase in reserves and funding facility.
That puts to rest any funding concerns so there should be a significant share price re-rate especially given the big increase in the oil price
Blimey some rns.. These were 5p back in the day. Kerrboom.
$10m Senior Facility and Reserves Upgrade
That is quite some update :)
Been in and out of this for years. Never delivered. Done nothing. Sold out on a few mad spikes. Cost PI’s millions. Placings galore. Holding from 0.38 myself awaiting the next mugs to buy in here and let me dump for a profit.
The various “investments” are about worthless. That is why the mkt cap is so low even with oil at 80.
It’s a dawg. Always has been. Buy at your risk and maybe you can dump on someone else higher. Money to be made out of worthless dawgs if you time it right and this could be the right time. Just don’t hang around too long.
I am still here, No gas yet, but will have as soon as the Tunisia is up and running, share price is pushing up. xx
He was obviously referring to the lift cost on Cypress and assuming it applied to all the other wells. It was in one of the RNSs.
DYOR
So I was right theres more costs............
NOW YOU CAN DYOR.......funny