Member Info for 1750mk1

could well be seller cleared ?

if I heard that right then that is a lot of kits per product that needs testing ... and there are a lot of products that need testing.

already a really strong statement imo... bad news out the way and mms dip gets bought strongly. Almost back flat and certainly on par with most of the last 2 sessions.

Look forward to presentation tomorrow.

... and right on cue there is the missing trade ... 250k / £42k buy at 16.95 from earlier. Confident.

well something has moved it up sharply earlier that we have not seen yet imo

or "when the company have multiple monumental successes at Ortoire" :)

Touchstone Exploration

Talking of plentiful announcements if you add quarterly numbers to all the other statements put out by companies there are almost too many opportunities to react to. Today Touchstone has 1Q results but a more operational review is expected soon i’m told. That would explain why there is no comment from the CEO, again i’m promised more later.

The results show that production was good, up 37% 1Q/1Q and with much lower expenditure as the company didn’t drill any development wells in order to cut costs and prepare for the Ortoire well which is expected to spud in late June. In the period the company raised £3.8m at 12p and more recently have had some operational difficulties which affect most in the trade but watch out for 2Q production numbers is the warning. All this would be put in the shade should the company have success at Ortoire, very much worth keeping an eye on…

https://www.malcysblog.com/2019/05/oil-price-amerisur-igas-touchstone-and-finally/

26m by 11am... chunky order filling both ways I think today ? Be nice to see a Tr1 with VENN out sooner rather than later ... should green light a decent move north. Broker doing a good job here, been a very orderly rise considering it could easily get giddy.

Proactive interview this arvo too ? ... be nice to clear seller before then and get some momentum building back up.

Royston ... can't help think of "you'll never leave" :)

16 bid showing needs to catch up... real bid just increased after that sell took the 16.675 ... now quoted 16.7. make of that what you will.

Over 17 paid ... Looks like we are the same SP as Friday and at open yesterday now.

"Anyone know when Gerry last took a dump please" ... tweet him... I'm sure he will respond in detail with full cloud based AI analysis of poop performance.

1st drill alone is more than enough buzz ... 95% COS to effectively double production with gas (so no SPT)... and cheap fast track to production via Shell nearby.

Throw in another 95% COS drill immediately after that could do the same with oil... and then a higher risk, higher impact gas soon after. All funded.

Each drill could open up several more targets each.

Plenty enough buzz to go round.

don't think you got that quite right ? ... they are like for like on the session today. Both currently around 5% up today with BTC at around $8250.

Best buying opportunity for Ortoire drills exposure for a month at this price... not surprising to see buyers about on the dip. 1st spud was expected early June... now late June with 2nd spud to follow immediately.

95% COS... "‘Where we sit today, at north of 2000 barrels of oil per day (once the fish has been sorted:), any one of the individual prospects we are targeting on Ortoire, is about the same size’"

agree... net debt reduction and YOY production growth is impressive. Current production dip not good of course and a few weeks slippage for initial spud from early June to late June a shame... market no likey slippage, No drama as holding for drills anyway.

I expect focus to shift firmly to Ortoire drills over the coming weeks now and hope that PB will step up the upbeat operational PR in the run up.... eyes on the prize(s).

Gerard tweeted today ... "Relax, news to follow. You will need CBD to relax a bit and let #SKIN do its thing."

yep... someone is accumulating. Volume picking up today too, highest since feb.

yep... expecting Q1 and op update tomorrow. Should be lots to digest... looking forward to confirmation of the reducing brent discount being confirmed and the latest on Ortoire of course.

Oil went the opposite way to the indices today on China retaliatory tariff news / trade war escalation... other factors in play now.

at the Sellers Arms has regretti spaghetti on for lunch today.