The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Too many shares as someone wrote earlier, just another Aim lifestyle company who have a dedicated following that are convinced it will work out one day.
Hi Share Hobbit. When they finally shut down the two wells the flow rates were much much lower than that. They are expecting the pressure will build up due to being shut in, which should up the rates again. They wiil decline again for the same reasons as before. That seemed to me not to matter too much when the refrac was only week away. Bit different now we're talking 6 months for results. I too was disappointed with the projected refrac results although they did say the new wells woukd be higher still. Trouble is they cant prove that until they drill, leaving more uncertainty. Atb. Gla.
Thanks WTB and Callum. Posting from home. In on Friday out Sunday midday. They kick you out with industrial strength pain killers and a load of physio exercises. Bloody painful and very slow to do anything. Just like Oilex. Lol. Hopefully we both improve over the coming weeks and months and it will have been worthwhile. Atb. Gla.
hope the new hip is ok Gordon?
are you messaging from hospital?
https://open.spotify.com/track/6PrKZUXJPmBiobMN44yR8Y?si=ae126c53cb8d4cc1
:)
https://economictimes.indiatimes.com/industry/energy/oil-gas/50-city-gas-distribution-areas-to-be-put-under-common-carriers-list/articleshow/86219345.cms
ANAND INCLUDED FREE UP GAS MARKET
The Petroleum and Natural Gas Regulatory Board (PNGRB) is seeking to declare more than 50 city gas distribution licensed areas, including Delhi, Mumbai and large parts of Gujarat, as common carriers.
All the city gas areas identified for the purpose have already exceeded their exclusivity period. For cities like Delhi and Mumbai, the exclusivity period expired in 2012, while for many others it ended in the years up to 2021.
The downstream regulator’s move is likely to affect ci ..
Read more at:
https://economictimes.indiatimes.com/industry/energy/oil-gas/50-city-gas-distribution-areas-to-be-put-under-common-carriers-list/articleshow/86219345.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
plenty of companies around to buy in
: Private sector E&P asset: Promoter makes good money selling a stake yet keeping control :
they are physically running out of product
High gas prices: Suppliers impose physical limits and more
Mar 22: Suppliers are now confining short term contracts to just 80 per cent of offtake
Welcome back Gordon, hope all ok. how's the new hip? If it's given you a new lease of life I'm expecting some major buying activity your side pre production RNS :)
At one point they said the flow was only expected to cover expenses. That would be good as most of the expenses would occur anyway. The flow rates will of course decline, which wouldn't have mattered much if the refrac really had been imminent.
Been obvious for at least a month refrac wouldn't happen in q1. Now going to be Q3 at least before we see refrac results. That's if there are no further delays. Let's hope the income from the cyclic production from the two wells is enough to make them cash flow positive. Otherwise they will need more cash. Gla.
Zag: and not a hint of shame for lambasting those of us who said refrac wouldn't be Q1. Just move on as if nothing has changed.
Maybe not long to wait for someone who has been here 2 minutes but I see this as yet another delay after a whole bunch of them. But all is OK because everything is Imminent
This share value is being sapped by dilution time after time caused by India delays.
The institutional investors are making a killing at our expense, i was pretty ****ed off at the .14 strike price with .28 options, it is like they timed the strike price at the lowest ebb of the last 6 months and the share immediately recovered to high teens and low twenties after. This was when they knew the RNS for the clearances was just about to drop, could this not have waited 3 months?
Sounds like you are firmly in my camp now Oilman. A steady re-rate to .4 was my target for the year, albeit you panned me for this without putting forward your own figure. Happy to sit at double the sp by year end.
RNS Thursday then so Novum can trade..
An RNS, let's wait for a relevant one
Surely a share price is always determined by the number of sellers? I would be very surprised if we stayed above .3 for more than a few hours. Refracking is another matter but as I predicted in my post of March 1st (available to read in my posting history), that's gone back to q3.
TopT
"SoS: which day for the RNS and what will sp be at end of week?"
Lots of conations.
I really don't know a day for RNS.
On the day we get the gas taps on RNS I think it will go to 0.44p. Will depend on how many sellers there are as to the price at the end of the week when the RNS comes out
Where do you think toptuf?
What will be effect of rns on sp, .3, .4 or less?
TopT
Missed that one, what was the question?
SoS: You didn't reply to my post asking where the sp will be at end of the week assuming RNS lands. Care to do so now? Mind you, Oilman still hasn't pinned his colours to the mast by answering my question as to where the SP will be on June 30th. Possibly because none of us knows.......
SAUSAGE: That's very mischievous of you......As for Oilman, he is now echoing exactly what I posted 2 weeks ago which was that news will come when it comes. A welcome change from forecasting great weeks that don't materialise.