RE: Echo Energy10 Feb 2021 08:57
If you have been reading through my posts might i suggest you read a bit further back and you will find out what my profession is, i stated that on here previously.
You infer i am stating info that is not factual, please advise exactly which of any points i make that is not fact, i will happily review these and apologise if i have misled anyone in any way.
Fact: Our WO RNS arrived in June, as far as i am aware these work overs have not beeen started yet, we were told these workovers would pay for themselves in 2 to 3 months and that was at June oil price, 8 months later oil is now 60$ bbl and still no news of these workovers.
Fact: Campo Limite testing put on hold early 2020, lots of excitement aimed at this well by the "team", we are told its on hold awaiting specialist equipment and personnel yet during the lockdown there has never been an embargo on cargo or shipping of equipment and key / essential personnel are free to travel (feel free to check for yourself on that detail) now i am not calling our illustrious saviour MH an out and out liar, it may be that these specialists are unwilling to travel in the current situation.
As for DELT i am quite happy with my investment there and for info my other two company holdings (MATD & ZIOC) are doing quite well, i have very high hopes for ZIOC !!.
You state in your post below that, and i quote "Bottom like is - you are a begrugger", and that i am a "stale bull"affraid i am unable to find a meaning for your "begrugger" word, posibly you can take more care while typing, i know its difficult for someone of your intelect and i understand you typed it at 7.28 this morning so you were probably deflated due to another day with no news.
The 3rd post of the day by NY tells us oil holding well and Still looking strong - $61.08, means nothing unless echo get on with some work and start pumping it out of the ground.
We have had no communication / RNS from echo to say what they are doing, a few posters have said "they are busy, working hard", as i stated yesterday lets hope that means working hard at a rig site as opposed to working hard at a desk.