Member Info for balancedviewer

If Lidsey was producing 300 barrels a day at $50 profit/£35,It would be giving us revenue of £8400 per day.But unfortunately it isn't at present,So we will have to wait and see what happens.Oil is $64 a barrel at the moment,but it's a shame we're not in it to win it.

Headinthesand. Love the seance quote,It nearly made me spit my tea out,nice one.

According to Doriemus plc dated 23 April 2019,they gave their 20% holding for 8324024 shares in Angus Energy.

I always thought that George had something else lined up for Lidsey apart from just oil.

I think Doriemus still have a free carry through Angus shares and no costs incurred.

As i mentioned before,It would be practical for income from Lidsey to contribute towards the running cost and any loan reductions.George has mentioned that he would like to pay dividends in 2 to 3 years.Oil in place is not the same as recoverable,but at least there shouldn't be any planning issues next to a sewerage plant.

Headinthesand. As you say, the market will determine the s p. P.S. a very sensible comment.

very funny,what a sense of humour.

gkb47.I feel the same,we are not all green around the gills are we.

Gallifreyan.I'm not a poster from the past,but i have been listening to the verbal diarrhea for a while.I say what i see good or bad,If people don't like it that's tuff.

gkb47,What do you think of the RNS statement saying as follows.In both cases the terms of the loan have substantially unchanged.I think it should be changed,but what are the terms.It's like watching Dragons Den.I will give you all of the money,but i want 50% of the company.

Patrick7,you say the shares have doubled from .45 to.90 of a penny since 27/3/2020.During Georges appointment the shares have plummeted from 4p to .4 of a penny,hasn't he done well with all the cheap options cumming to BOD members.

gkb47,I'm sure most feel the same way as you. I hope everybody invested makes a profit eventually,but i can see it being a long wait. ATB.

I wonder if the committee will take longer than Brexit.

gkb47,We all know the nimbys don't want us there don't we.I SAY, WOULD YOU KINDLY TAKE YOUR DIRTY OIL WELL UP NORTH PLEASE.P.S can we have the freebies please old chap.

Mirasol, I'm glad you think practically.It's like banging your head on the wall sometimes.I wonder if the locals would accept free oil , gas and electricity from the site if possible.Mind you,that would make them hypocrites wouldn't it.I hope any slow walkers go barefoot,with any luck the road surface is very rough.

Crocqman, That's my point exactly.It's no good getting excited because the disappointment is greater.If plans work out fine, but until then we will have to wait and see. Mind you it's been a hell of a wait up to now and counting.

Headinthesand, I couldn't agree more, i prefer the income to be reinvested and cover running costs.It's a pity that Lidsey isn't contributing towards costs at $63 a barrel. As they say, every little helps.

Cheers Ocelot.

Does anybody know what the 14 planning restrictions are,i'm sure it will be an interesting read.