Member Info for Albinio74

Does anyone actually know how to interpret that table as could also be taken to mean that it is maybe 10 Years until the long term settled 2 tankers a day kicks in.

Once in long-term production cycle, which seems to be somewhere after 60 months (5+ years), unless I am not understanding the table correctly

"Interesting news from BP yesterday 22,000bpd from new fields in North Sea. Puts our 500bpd in the little pond and cannot see their heads being turned until we get to 5000 bpd at HH. Still not sure how they intend to export larger quantities ie 500bpd. In their leaflet it talks about 2 tankers a day. I think they need to rescope that one"

G1 - Am i misreading something - I thought their leaflet says between 5 and 16 tankers a day for the first 48 months, once in production?

pretty much everyone getting bashed at the moment. To a certain extent wouldn't want good news getting lost in the storm.

Doubt TBS news for at least another month, maybe longer (they have done plenty there at the back end of last year and this summer).

Maybe an Inglefield update in next few weeks if lucky - most eyes on HH and Brockahm at the moment.

Where are the trades be shown? I did not need notice them?

Agree dividends just plain daft for Amerisur ATM - would do nothing but maybe the usual sp up and down dance around the XD date.

Why? No guarantee it will continue so of little interest to IIs

Maximise production, optimise use of the pipeline, drill/explore and maybe aquire. Divi pointless.

Thanks Jeremiah - great link.

Agree Nookie - he never over eggs things which may frustrate some but I thought that he looked relaxed and assured.

from Reabold FAQ section

Have the necessary environmental regulations been passed for Colter?

The UK process is based on a staged passing of various regulatory requirements. Based on these expected timelines, the operator anticipates Colter is on track for drilling in Q4 2018.

The drilling of Colter is an offshore activity and is therefore subject to regulations imposed on it by the Oil and Gas Authority. The regulatory process is very different from that required for an onshore well.

Seaace the number of shares are irrelevant - mcap the only really significant factor matched to eventual income/asset value

Andi's numbers are just on the EWT of the Portland - I think the targets for the HH-2 well are being over looked in current SP- below from the UKOG RNS.

As reported on 10 September, the HH-2 horizontal well has a targeted* sustainable daily Portland production rate of 720 to 1,080 bopd, 2 to 3 times the calculated* sustainable vertical well rate of 362 bopd derived from the EWT programme.

So if the Kim layers flow as hoped (current tanker movement suggests the first Kim test is going well) the these numbers will be dwarfed, and potentially relevant in real income terms within a year.

Also remember Brockham is already a production licence, if anything like HH then that 5% will also add potentially significant SP gains and quickly add revenue - hopefully that will get going soon.

We also have plenty of near term news due on Greenland, although early stage projects so even with very good news the upside will be limited. The TBS permafrost was an unwelcome niggle and I have noted they have not really tweeted about TBS since the end of August, but have been active tweeting about Inglefield so maybe a hint there - obviously risky game reading too much into Twitter output though.

TBF still probably a case of some news is better than no news.

Sometimes wonder if more coverage would help - the Times mentions UKOG today and describes them as a "Fracking Company"

Totally agree Krull

Totally agree Krull

Check out @AlbaMinerals’s Tweet: https://twitter.com/AlbaMinerals/status/1052590805993566209?s=09

Nice coverage

Not all rns releases are going to move sp. They have completed a process, received results and informed the market.

If your comment is in anyway aimed at me you will find most of my comments were structured to point out the chalk and cheese nature of the Ripple references relative to Bango - as you have also done.

I don't like leaving such comments unchallenged as reporting often has a very mixed success rate.

Board clogging - i have commented 5 times on share i am invested in today (one of which was a typo)- you added about 15 posts here today..........

Interesting stuff but this really does feel like you are trying to say oranges will wipe out apples.

Not really sure Bango are trying to grab the same fruit with Amazon, Pandora, Microsoft, Entel etc or by making their Audiens acquisition, but hey not sure we are going to agree so I'll try to stop the board clogging if you do.

Will be interesting to see how SWIFT respond to Ripple. Then there is Stripe in the USA as well of course. All dead companies walking apparently.

Not arrogant enough to claim my knowledge of blockchain, or shares generally for that matter, is particularly impressive but at a level I am perfectly content with.

Ripple is primarily focused on b2b function as far as I can see - do you think the giants already outhere can't implement blockchain themselves ........

As long as networks charge their customers there will be space for utilising the devices on that network to attach payments (in increasingly flexible, convenient and secure ways) to the network bill.

There is nothing you have said that alters that - based on your view DCB could never have even got going with PayPal and credit/debit cards outhere.

Not sure you understand DCB or Ripple.

** makes sense