Member Info for Adw198

What question are you referring to Gravy?

Good to see you finally converse about the company rather than just abusing.

Based on anything other than desperation though?

You might even be right, your due a new experience. If you’re wrong again, just make sure you share your disappointment mate.

I’m really confident it’ll produce less than Heron 1s first year average of 164bopd.

That’s based on the fact Gazelles maximum was circa half of Heron1s and Heron 1 didn’t immediately run into issues like Gazelle did.

It’s just a view tho, equally well articulated alternatives are welcome

Having incorrectly asserted Gazelle and Heron were currently producing 350bopd, I’m pleased there appears a growing realisation no such numbers have been provided and definitely won’t have been produced in November. I suspect it was less than 300bopd

They could have told us exactly what November produced, they choose not to. If you aren’t interested in knowing the figures lads that’s fine - but you won’t be allowed to lie without being fact checked.

Except they did a put a figure in its initial production of 200bopd.

We don’t know what’s its currently doing as they avoided a figure having told us there were issues.

It’s not a big deal, it’s not me wrongly asserting we’re currently producing 350bopd. I’m just correcting false claims.

If PC wanted Block7 how come they didn’t apply it for it? Or is the contention that they did but the Mongolians instead went for a cash strapped junior who would immediately try and find a partner?

Mimbrit might thank me for saying this but he did privately email me and he proved his recent buy. I’d doubted that, but he was right and I WAS WRONG.

I will say there are far too many like mimbrit (and TT1981 before him) who stand back and allow the likes of Tenbag to drag us to the gutter and talk obvious nonsense, but then suddenly seem affronted when the target is yourself.

It’s astonishing to think this is the message board of a £20m company.

I expect a drift down ahead of the next operational update telling us Herb 1 continues to decline, Gazelle is probably going the same way and we still aren’t being paid in any case.

There’s no buyers around which at least stops the usual suspects pretending they’ve averaged down.

Yep and I’d just add one more

6. Because if I lost anywhere else the stalkers here follow me over and deliberately try to ruin other boards as revenge for me posting analysis they don’t like here.

Well, it doesn’t tell us the current production figures! And it didn’t even tell us which months have / haven’t been paid.

“Block VII is huge so must be tempting to any entity already operating in the region”

Is there a genuine reason why any of these entities wouldn’t have taken the licence themselves?

We don’t know what it’s producing because they choose not to tell us or answer that very question.

Investors should be interested in understanding / discussing these things.

Existing isn’t a business lads.

Will it cover the costs of Block7, the costs of trying to get renewables off the ground, the costs of further work.

I say not. We’ll find out next year, just like we found out this year.

If something INITIALLY comes on at 200bopd and then hits teething problems, what do you think that mean to the average production?

They had the chance to tell us the currently figure and didn’t. They instead explained there were water issues and that they were still working through them.

@BP

I disagree. It initially did 200bopd and then it hit problems as outlined in the LATEST RNS.

So it’s not correct to say it’s currently doing 200bopd - we don’t know what it’s doing because they deliberately omitted a figure.

Well I’m questioning the guy who literally just wrongly asserted “the latest RNS releases tell us… Gazelle is producing 200 bopd”

They didnt because it’s not. Just acknowledge you either misremembered or deliberately tried to mislead people.

Im not going to write to the company to ask about something they didn’t say.

Presumably (even) we can agree they won’t have received a penny for anything Gazelle has produced. So how can anyone claim it’s covering costs? Then factor in they don’t want to make any projections for it. So how can they say going forward it’ll cover costs? And what costs do they mean anyway - the $500k per year on Block 7? The money needed to sustain renewables?

“the latest RNS releases tell us H1 is producing at the rate of 135 to 145 bopd and Gazelle is producing 200 bopd”

Please direct me to the part in the latest RNS that says Gazelle is producing 200bopd.

You don’t know what’s being produced, how much is being received, when, or how much expenditure is.

The 2025 you assured was the transformational year where there would be a farm in deal announced has 6 working days to come good. Personally I’d have a bit more humility about what you think you know is coming having said the same 12 months ago and been massively wrong.

Meanwhile the SP is down 33% this year.