Member Info for Alexios

Wick spud

https://corallian.co.uk/news

Spud of the Wick well
Corallian as Exploration Operator for Licence P2235 is pleased to report that drilling of the Wick exploration well (11/24b-4) commenced at 00:45 hrs on 25 December 2018. The Ensco-72 drilling rig will be on location for approximately 3 weeks

Colter next spud around end of Jan

Wick spud

https://corallian.co.uk/news

Spud of the Wick well
Corallian as Exploration Operator for Licence P2235 is pleased to report that drilling of the Wick exploration well (11/24b-4) commenced at 00:45 hrs on 25 December 2018. The Ensco-72 drilling rig will be on location for approximately 3 weeks

Wick spudded

https://corallian.co.uk/news

Spud of the Wick well
Corallian as Exploration Operator for Licence P2235 is pleased to report that drilling of the Wick exploration well (11/24b-4) commenced at 00:45 hrs on 25 December 2018. The Ensco-72 drilling rig will be on location for approximately 3 weeks

Why???

Leon and Zobby would have a plan surely
New NOMAD is a must and sooner they get it sorted the sooner they can get the funds sorted for whatever they are planning

8.66p paid on open and now sell at 6.88p

Looks like these sprout crapers got it right unfortunately

Buy MATD Maestro yes
Easy 50% by May

Slowed it down for obvious reasons(GM)

I don't think the rig is capable of drilling 100m/day but then again Sefton said 5days from R's to Mengo. James said they can drill 10m/hour so I dunno...

They had a perfect story here with oil everywhere and screwed the sentiment with 8ollocks

Now £5.2M to be raised through whatever

They need to flow commercial rates and R2, Mengo and strike Djeno otherwise it is fast becoming another shambles of AIM O&G venture

Probably around a month to find out if they strike Djeno

Fingers toes and balls crossed

Less than 500m to Mengo from R
According to diagram they should hit Mengo in ~5days

Admition doc page 78 or CPR page 11 table

R1 R2 R3

R2 is the thickest ~10m with ~3-5m net pay

Mengo is ~1850m
Djeno is at ~2250m

So 400m to drill

Mengo to Djeno is 15days

Check the tweet I posted for you with the diagram from PetroKouilou

Added approx depths for clarity

Depths may vary a little obviously

https://twitter.com/Alexios1201/status/1074034047205236738?s=19

Negative Cash balance here
Not worried at all and loading up???

Nominal 0.1p I know

They will adjust it to 0.01p and you know it..

Just like #SNT did recently with 0.5p nominal adjusted and placed at 0.1p

Chris Akers took 16.6% stake in #SNT
Nicely cashed up with £400k raised

I recon the fundraising is incoming here within the next 5weeks
Nomad needs sorting first obviously
No nomad will take them onboard with negative cash balance lets be real

Conversion price anyone?

DrM,

The two boys you and I know well are not retail clients.

No retail clients got the stock only pros and mm's

Most of the placing was squared off with mm's and shorts

Off the market transaction

You will not see these printed

No retail offered the placing

You'll see, it won't take much vol to take the sp back up to 2.5-3p

Placing is flipped already

NMS is 50k shares

No 3d
Old 2d

These are approx depths and can vary a little

Geology is not a layer cake