Member Info for abzzba

Mr MB, a very fair assesment.

Unsure why anyone would think this was not good news, maybe a 10% increase in VAT would have suited them better, quite a few bitter people on here.

It would seem thats the game plan, i guess its no bad thing, many will fall by the wayside, live to fight another day as it were.

It may be out of date information but its way more information than Nero is giving us.

Good find.

WT, well said, just to add onto your list can we hear what our rig has been doing other than rusting in the Argentine winter.
PS, though we dont always see eye to eye, nice to see you back.

Not sure we need either national or international travel to perform the 16 work overs / pulling jobs mentioned in the 8th June RNS, remember, the one that mentioned all the production increases that could be expected, the same one that said they would pay for themselves in a matter of months, i am really starting to wonder if there is something else going on here, what other company would sit on their ass while the company flounders.

Might i suggest MH change his name to Nero and we can chip in and buy him a fiddle for xmas

If that were directed at me then no, neither winter nor covid are deserving of stopping work, echo need to pull the finger out of that vewry tight spot and at least make some attempt at saving the company, lots of hints, lots of excitement, lots of positive talk of production increases from workovers but todate not one result.

The workovers could have been started in June and completed by now, exactly what has our rig been doing since the June RNS.

olt-timer, agree with you 100%, hardly worth the cost of an RNS. Also agree about work, seems we have done zilch, we received an RNS early June telling us how lucrative these workovers and pulling jobs would be, since then nothing accomplished, as for campo limite i hope we have all read the signs right, that could be our saviour, however i have a nagging doubt as i find it hard to understand why a company would sit on an asset rather than bring it into production, a cpr can be done anytime.

chablard, youappear to be the only one suggesting .01p

There are many that keep bleating on about green energy and how oil and gas are on the way out, this will not be the case in Argentina / South America for decades to come, echo have a ready a ready market for all the gas they can produce.

with an average of 0.89 i should think you will get a very good return.

Looks like echo have broken into a "trot", lets hope we see a turn of speed in the weeks and months ahead.

My ideal scenario would be it reached 19p again, but would settle for 7p, buying / trading trend certainly seems to have changed in the last week.

Agreed, huge potential here if echo van deliver on these opportunities.

Certainly unusual buying for any day of the week recently, fingers crossed for next week.

Wee bit luck and we will be off and running again, just need to get MH off his fiddle. Never know
we may have an RNS tomorrow, one with some good news.

The 95 million dilution was supposed to cover costs for the workovers/pulling jobs and probably enough for Monte Aymond as well, PA testing i believe is being paid for by our partner though tie in to pipline close by i am not so sure about those costs.