Member Info for Alexios

From Char email reply today, “An update will be provided, including relevant financial information. We will also be hosting a call for shareholders with management in due course.â€￾

Also note the Poseidon is off site and heading to Walvis Bay

P&A ops complete
Waiting for the update from the company

Current cash position should be around $16-18M taking all Prospect S costs plus plc costs

So 3.3-3.7p vash equivalent

Current sp is 2.9p to Buy

$60M+ exploration losses on the books

So basically assets are priced at zero

Strong Buy IMVHO

Yes indeed IP
Anyone who thinks otherwise is deluded

Millions of cash burned while "pressing hard"

Nice job Art

"Ocean Rig Poseidon drill ship contracted to drill one firm and one optional well."

Enough cash and enough time to drill another well here

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/LSAA/13829116.html

Is this similar to what ALGW business plan is???

Drill diagram posted by Bel on twitter

https://twitter.com/Belcourtoi/status/1051751968228737024?s=19

Annoying

Rig up

Spud by end of Oct

https://twitter.com/Petro_Matad/status/1051777232765669376?s=19

Update with 2h yes?

Before Guy Fawkes Day

https://www.fool.com/personal-finance/2015/04/03/seniors-lose-life-insurance-every-year.aspx

Not sure if this was posted here yet

Guess who was Quindell Broker

Briliant post proselenes

From 1Oct Operational update rns:

Block IV

Site construction at the Wild Horse 1 location was completed on 1 October 2018. The first trucks with rig loads also departed the Snow Leopard location on 1 October 2018 to the Wild Horse location. The spud date for Wild Horse-1, following rig up, is expected to be late October 2018. The well, which is programmed to reach a total depth of 2200m, is expected to take between 30 and 45 days to drill and log.

The winter weather in the area where Wild Horse is located is generally milder than in eastern Mongolia, with operable temperatures lasting through the month of December. The Company remains on track to complete the Wild Horse 1 drilling operation this year"

Capiche

Wild Horse 1 well will be drilled and completed this year.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PRU/13826724.html

Someone mentioned PRU few days ago

2.19p low showing on IG chart

All these exploration wells are helping to understand the basin not to derisk the play...

Who cares if Cormorant or any other 12 dusters drilled have been technical success

Investors need commercial oil

https://twitter.com/angloafricanog/status/1048948345488793602?s=19
David Sefton and James Berwick at the Tilapia site ahead of the imminent start of drilling #AAOG

"Every well, including Cormorant is helping to de-risk Namibian assets"

Nonsense

Cormorant is different kitchen to Prospect S

Watching this drill closely and waiting for drill result

Drilling more wells doesn't derisk Namibian assets if oil in commercial quantities is just not there is it...

At HH they perforated 88ft at upper kimm and 80ft and lower kimm in Mar2016 when they initially flowtested the well, we don't know the size of perforations done currently