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Capitulation over last few days .Siuts me fine as the 6p mark is where iam loading up.cheers.
Tanger, Jabillo, Bulletwood, Sapote and Bonboni form quite close to a straight step-out line so it will be interesting to see Banboni it can deliver the goods. Block 54 has so far been very successful with 4 major discoveries and one successful appraisal. Bonboni-1 is almost exactly the same step-out distance north of the line of discovery wells in Block 54 that Sapote-1 is north of Haimara-1 and on the same bearing if you start at Sapakara South-1.
Indeed a step out well with results that could impact the next canje target with total as operator.
Another step out well, with results due imminently per Notice to Mariners disclosure no.74.
Maersk Valiant moving to next location today.
https://www.mas.sr/en/bericht-aan-zeevarenden-2021
Thanks,
Celtics.
my earlier post doesnt make sense! haha I'm cracking up.... The point I was trying to make.. Net Asset Value per Share is 10.86p... and yet we have a SP stuck around 8.50p....... just saying... ok back to the drink
robs12..... thanks for update. I have a few hundered thousand in wte- and a larger cash amount in eco..... Am I mistaken in thinking wte are currently valued under nav 10p??....if so, we dont often see that nowadays.......
Q1 2022
When is the next drill WTE are involved in.
And around 4-5 more via cataleya in kaieteur.
WMELF on OTC.
Does anyone know if wte have another ticker code? Can’t find it in a platform
molokai, WTE don't need funding, they own shares in JHI, so indirect interest. JHI are funded for several more wells, we don't know exactly but estimate half a dozen or so of the 12 planned on Canje, first starting early next year through 2025.
https://guyanatimesgy.com/exxonmobil-plans-to-start-12-well-canje-drilling-campaign/
I've lost track of where we are..brain fog probably.. a short answer please? How many wells are wte funded for and over what time period with JHI/exxon? Thanks
Whats next? Fill your boots now and double yer money on the run up to next spuds works every time .
So what is next and when?
Thanks for that, you might be right there..
I think a fair value should be around 14p with 20p target on the next spud, but market has its ways..
Well wait for the oil!!
Phobeus you really are a wee sherlock am guessing your on the ball there.
In their last but one holdings RNS they stated they had 4,773,357 shares left to sell. They dropped below the threshold since then and a huge sell has just gone through for 2,173,357 shares. Notice that both numbers end in 73,357. That's far too much of a coincidence IMO and I'm sure it must have been them. Given it's also not a round number of shares I reckon they've sold all their residual holding and are completely out.
Clarendon bought in last November taking 6.44% informing the market at 16.25p, sold down to 5.99% at 8.25p and 3.31% at 8.75p. Very odd they should buy in ahead of a four well campaign, but sell after 12 further wells are announced and sell out completely with 24 wells in the offing. Does not look very rational especially given their buy high sell at rock bottom approach. They have also been dumping at DELT too, so perhaps they need to sell for some reason.
I see this as excellent news for WTE investors as they have likely been an overhang on the SP for some time. 20p with three wells pending as opposed to 8p with up to 24 pending. Hmm. GLA
In their last but one holdings RNS they stated they had 4,773,357 shares left to sell. They dropped below the threshold since then and a huge sell has just gone through for 2,173,357 shares. Notice that both numbers end in 73,357. That's far too much of a coincidence IMO and I'm sure it must have been them. Given it's also not a round number of shares I reckon they've sold all their residual holding and are completely out.
Clarendon bought in last November taking 6.44% informing the market at 16.25p, sold down to 5.99% at 8.25p and 3.31% at 8.75p. Very odd they should buy in ahead of a four well campaign, but sell after 12 further wells are announced and sell out completely with 24 wells in the offing. Does not look very rational especially given their buy high sell at rock bottom approach. They have also been dumping at DELT too, so perhaps they need to sell for some reason.
I see this as excellent news for WTE investors as they have likely been an overhang on the SP for some time. 20p with three wells pending as opposed to 8p with up to 24 pending. Hmm. GLA
on quote and deal. Some good solid dip buying today.
lol of course. its all total a s s this.
Cheers, Phoebus, for a useful post.
PJT
But it did almost border on the subtle :)