Member Info for bah1

With all the bad news and the behaviour of the directors this should be sitting at a 52 week low 0.15p. There is a reason it is not there has to be news on the way. Machine up & running orders confirmed all by end of January what price the share then? Nice to see what will hopefully be a blue day, is the tide turning? Patience required a lot of derampers here so that’s a positive sign for the future.

An exciting week ahead, this is the week we spud bring it on. I am sticking with 18th Dec 00:01 spud time. Share price this week? Holding for outcome of the drill now only 25% up so not top slicing in for the drill results now. Doubt we will see a drop in share price after the spud.

Nearly 800 posts for the day thanks guys looking good onwards and upwards bring it on

Icemax Freeport ETA 15th Dec 12:58PM then earlier RNS stated 3 to 4 days before spud, due to loading and final preparation. With what has been going on they will want to push spud as soon as possible. I would think there would be a supply boat maybe 2 waiting to start pumping and discharging deck cargo on arrival. The good thing the ICEmax is a drill ship so no 2 days of laying anchors.
So I think less than 3 days on arrival to spud. It is happening for what it is worth think close blue today.
Spud date 18thDec Time 00:01AM

We are doing it slightly different this time, usually oil share increase up until the spud. We are waiting until spud then the share price will increase. That is meant to be light hearted, but I don’t think I am far of the mark. I had planned to top slice on spud, then have a free drill. Now in for the drill results hopefully works in my favour for once.

I was expecting this to be above 5p just before spud. Was going to sell a percentage of shares & allow a free drill. How many of you thought the same?
Well change of plan will now see it through to the result of the drill, so may be looking at a large loss, or mega gains, high risk/reward. Worth the risk I reckon bring it on.

I was actually thinking the same, not a lot would surprise me now. It really is the crazy world of AIM not for widows and orphans high risk high reward.

The new vaccine will be unsuitable for a lot of people that post on theses boards. The reason being one of the side effects is it makes them post the truth.
I will be o.k. as I want the share to go to 10p then sell,at the moment wishful thinking.

Never get tired of that lovely smell, shorters burning pile another load on.

Maybe they did not want to give the company away. To be at this stage and still have 100% of the drill. It is higher risk but the rewards are huge if it comes off, investors will not be moaning about not getting afar in then.

The MM always have the upper hand, they don’t get caught on spikes simple they can’t fail. Considering no news it is holding up well. This could well go down to 1.5p news drops in within 15 minutes could be 5p and still going up. It is the spike above 7p you need to watch. Sit back relax patience required its not rocket science.

No news that is why it is so quite. This is why patience is required, just waiting on RNS once that arrives fully expect new highs pushing on to to 10p. In the mean time expect it to drift lower all about timing.

Agree 100% I would be really worried if we did not have these derampers would reduce holding but thankfully they keep me holding. Keep up the good work derampers 1p by Tuesday ha ha.

Excellent nearly 500 posts on a Sunday rampers/derampers should see us break 10p this week bring it on.

Live on AIS looks like she is heading back to port. It will be interesting the next few days to see if the Rainbow Warrior follow when she leaves port, hopefully not.

They will do DP tests in open water. Should go without problems the Engineers will have plenty of time to plan. It is a workout for the engineers it is carried out yearly it a class requirement. Example being complete blackout then has to be up & running within 30 seconds, having to hold within a certain position. It is a hard 12 to 24hours but very interesting/rewarding really puts the vessels through it. It really is a safety stamp of approval. Stena are top end of the market very professional.
Tugs will be a requirement in this port with a fee of about £10,000 each good work if you can get it.

The drill site is depth water 520m good luck with anchoring the R.W.

The RNS what are people expecting it ticks all the boxes, just confirming once again what we already know. Everything is in place the contractors we are dealing with are world leaders in the oil industry what’s not to like. It would be a different story if this was done on the cheap, with little known contractors.
For what it is worth I think Potter & the board have done a fantastic job. The one thing you have to remember we own 100% of the drill. It would be a different story if we had farmed out & only had 20% of the drill. Let’s be greedy & have 100% of the pie. The board have a lot of skin in this drill Potter alone owns approximately 1.8% of the shares plus a load of options. Love it when you see the board heavily invested.

Earlier RNS stated on site 15th Dec then 3 to 4 days preparation before spud. As for sailing economical speed (save fuel) approximately 10 knots Icemax does not not need to leave before 29 or 30th November. Although they may want to sail earlier & hang around drill site before charter starts.
Hopefully price will be in the 6 to 7p range end of this month, exciting times ahead.

Thanks Paul that makes sense.