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It did make me wonder a bit after the market reaction from the RNS if RMP thought the market had got it wrong or why post the below along with two explanation marks a couple of hours after the SP crashed. I guess we will soon find out.....
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Oil shows have been observed whilst drilling in the Nanushuk in the Winx-1 exploration well!!......
Verbier imo I felt it was an insult to tweet that after such a poorly worded RNS wiping millions off the mcap, and many people lost thousands. It was a pointless tweet saying nothing we don’t know so they should have kept quiet imo or issued something clarifying drill position which most would have welcomed
Blooming exciting tweet though...wonder if there will be news late this evening.
How is that an “exciting tweet?” It’s the tweet to try and reinforce/cover a poor RNS. Why they tweeted that after issuing what they did is beyond me. Itbsaid nothing that wasn’t in the RNS, just a way to try give some hope. They should have worded the RNS better then they wouldn’t need to “tweet” rubbish Why not tweet drill bit position ie N4, N5! Now that would have been helpful Not impressed with the bod and 88E tbh, seems couldn’t find a r s e from their elbow on a field with oil everywhere so far! I sincerely hope we get good news next week
spike
because oil shows were witnessed, water and oil dont mix, oil stays at the top.
Nothing factually wrong with the tweet.
Maestro totally agree. Nothing false or wrong with the tweet, my point was why bother tweeting it. It’s a bit of a slap in many people’s face imo, should have just keep quiet unless they were tweeting something worth while
well i averaged down...so hopefully those exclamation marks may have got me some wonga...
So...exciting tweet : ))))))
Goes itties up only myself to blame. ASX opening soon...Oooo la la
"ASX opening soon"
Isn't there a trading halt until Tuesday? Or are we hoping for an RNS tonight inline with market opening with an update?
the fact they said that oil was around the 4500ft level and it came in at lower threshold for commerciality, proves seismic
Horseshoe had no oil at seabee but did at 4500ft which was water saturated and at 5000ft.
I remember the Armstrong interview where he said he got a call by his guyin the night that said we hit it and got another call in morning saying we are still in it.
my average was slightly over 4p but i sold in morning and in afternoon repurchased again, whats losing another 15% of my total investment. if it doesnt come in.
company will still be valued at around 1p as they will have $5m in bank and the 1.6tcf asset in Philippines. MKt cap of 5.2m will be about right..
I’d be very surprised, that this time they fail given 26 out of 26 The rns to me reads we have not hit our primary targets yet but we have found low-end commercial oil in one the zones in nanushuk. So You do question the point of the rns. If it was an update, then fair point but clearly even 88e knew the market would take it badly. So despite all the deramping nothing is known.
Every chance,4 mile tie in,but seal are important, but every where else is good to go,exciting or what.
If no RNs,tomorrow 8 ish I'll defiantly take a few more
jndavid
with there being no oil 200ft above at the seabee you can interpret that the seal was good as the oil didnt escape from n5 to the seabee.
jndavid490
if no rns first thing tomorrow latest, i wont bother.
imho