Member Info for BigBear2

I am in total agreement, but that is why I was gentlely trying to suggest to folk if at all possible to keep a few pennies on the side to average down if this happened.
This will take a while to sweat off so at least in July when Dukas is known we will have hopefully cleared the overhang.

Funded not fined!

Spray the price is dissapointing (I thought JB may manage 0.35 at the least...but getting the placing done is not.
JB has to make sure we are fined and 235k per well is no small matter. Had Santos dusted we could have been looking at a placing price less than before and it now seems that around July is TD there.
So yes dissapointing price but not dissapointing to get it done now.

Placing shortly after presentation

Whilst we await delivery of the testing equipment it's worth reiterating that balcombe produced some of the highest ever seen rates on a UK onshore well.
They are planning to do test production for up to 24 months......
Any news on planning would set the cat amongst the pigeons.....

More like by tomorrow

Just get SS to write them job done

I would say Balcombe alone justifies the mkt cap 1000 bopd not to be sniffed at

I have seen this pattern a few times on ANGS.
Then suddenly the order book flips and it moves in lumps up.
Savvy investors loading up now

Of buying great entry price

Nope u would just pay slightly above market.
As many have posted the thinking must be that the sp will be north of 4.25

I find it hard to fathom people’s strategy.
The company has just told us all on track and very pleased the water has been isolated.
You are looking at min a bag on decent flow.
On top of that the open offer is only 1 for 20!
I’ve got plenty @ circa 4p but this seems to me to be a great buy opp Below the IIs who buy the eat snapped this up in hrs...

Usual tricks
Widen the spread shoe red buys....

If this flows at a decent rate and Balcombe flows in excess of 1000 bopd this will be well in excess of 10p

Herd mentality
Those who have been putting the boot in are largely quiet as they have their buy in
Still a great price with huge upside

About oil not flowing.
It’s already flowed but with water which impeded the flow rate

To walk this down. mms playing ball.

Start of news flow

2 new MMS today and PEEL and WINS are sat at 4.9 on the ask...

You'd have to be a numb nut to do an open offer and not release news that would make taking up your allocation palatable. In the RNS it states we will be kept up to date IN DETAIL.