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What do you think the opening price will start at tommrow
My average from the Puntland days ..... should see that very soon I think! Good to see
@Shakdenus Put it this way , most ppl on this will be sitting on a healthy profit l, whoever wanted to sell must have done so by now...having said that plenty of buys went in today at 7p+ so theyl still be sitting tight... Me personally I bought in on Friday but holding till at least early next week then will decide whether I want to see results or not...until then let a post get leaked on Twitter or so and watch this continue to fly... seen it plenty of times with small macp on aim.
Makes me think someone has been given a wink wink nudge nudge say no more message. The volume isn't normal for this stage.
It is very true that 88E was hitting 1000+ a day at times and some weeks did clear 7000 posts, those were the days, when it was man versus troll all day every day.
Lol
It's purely what you think they have potentially found..... On the face of it all looks promising but we all know things may change and until wireline testing is complete we won't know for certain.... One thing that is certain is they will know before we do so watch the volumes. The potential upside here out weighs the down side for me so I'm in and waiting for a few hundred %...as it could be a massive find for a tiddler like us with a small Mcap.
THe npv on a gusher is over £3 per share
Yes, if you believe that they will have a significant oil find.
Well they retraced from 140% up today so chances are we could see that leg up tomorrow now a lot have top sliced or taken profit. I'll start to think about selling at 30p or so
Are these still worth a buy first thing in the morning ???
Is the only tax /royalty the Royalty of 16% to Alaska government?
I don't know if frac will be required but what I know is this is extremely good and so far looking very positive.... it will be reflected in the sp and more raise to come
Thanks. I assumed because it mentions frac on the main drill schedule that they were assuming that this would be necessary.
Don't know if frac was performed at Horseshoe during testing?
126m barrels at $4 per barrel.....forget the current Sp it is irrelevant. Look at market cap and shares in issue. Then work out the the market cap at 126m barrels at $4 per barrel. Upside here solely from WInx is many times that on 88e due to shares in issue . DYOR. I tried to buy at 5p this am and got caught in meetings . Order was not filled. This could seriously multi bag on commercial success.
Hi Interesting that your involved with routing out fraud. I helped write and design for Barclaycard the first fraud information pack for retailers. I also came up with the code 10 for retailers who rang Barclaycard whilst the fraudster was standing next to them. But life has moved on from those days.
Today we have RMP, and the chance to make a small fortune! The work that RMP and the others are doing will only confirm that they have the same ground as Horseshoe and will have the same or slightly more or less oil than they have. Repsol will probably buy this as they have the deepest pockets and they will have all the necessary infostructure etc only a few miles away.
I would guess that many in Repsol and Armstrong already bought shares in RMP etc when the drilling started.
Of course, I could be totally wrong, and they won’t find commercial amounts of oil on our patch!
But rarely do PIG’s fly. In my opinion.
Still think that 75p would be achievable, if more oil is found then it will easily break that amount.
Frac is not always required. It depend of the porosity of the formation. They can flow all zones together for testing or they can also use packers to isolate each zone and test it separately. This stage will be part of the well test after they confirm the wireline results and run the completion equipment.
88e a few years ago was hitting over 1000 a day
Hamiwa123 if they use multizone perforation in Nanushuk and Torok would they have to frac and flow the combined zones together?
Wireline and LWD provide similar data but wireline more accurate and provide real time data from downhole to surface so wireline engineers car get the data during the run... data like resitivity, radioactivity, porosity, permeability, they can also collect oil and gas sample in special bottles for analysis.
2,365 in 7 days
Bigbench, you sad bastard, dont tell me you counted them
Another run like today and 10p will be tested tomorrow
LWD and wirelogging details, what further info will one get from wire logging that one didnt get from LWD tool.
.... So far today....never seen such interest in a stock.