Member Info for BigBear2

Now .325 to buy

Likely tomorrow u would think 3 days to interpret logs should be enough....
So last chance to get in sub 0.3

Dude art really does not give 2 hoots if holders are p9ssed off.
If he did he would forgoe salary until project sanction.
Every media update is followed by a placing

Simples waiting for some poor sod to sh9t themselves and then sell back st a premium.
We must be VERY close to news

Nope I see it higher but a lowball aggressive offer for say 1.5p could go through. I guess my point is any strike will this muiltibag in a huge way...to JV not fussed which

Spary I don’t think it will come to that a drill or even a JV
Our market cap is so low that even a buyout in the mid 1ps would barely touch their Xmas party fund for Santos.
It really is shaping up quite nicely, increasing production with a wildcard that will blow this joke of an sp out the water if it comes in.

BOR sp in relation to proven assets is just plain silly
But I think they have about 3 yrs cash left so potential suitors are clearly waiting for the bid to be skint.
Surprised there is not an aggressive t/o

Whilst we await JB to update us on s2 it’s worth reminding ourselves we have acerage adjacent to this multi TCF beast!

Exploration – Dukas Prospect
? Frontier sub-salt play with ~520km2 closure and multi-TCF potential (1TCF = 1,000PJs)
? Exploration well to be drilled in Q2 CY2019 under a free-carry with Santos
? Santos farm-in 70% participating interest in Dukas (EP112)
? Other wells in the Southern Amadeus Basin (Mt Kitty and Magee) have demonstrated a hydrocarbon system exists
? Potential for helium and hydrogen along with natural gas

I am as frustrated as anyone with the lack of reaction today...
But... mr market likes things in black and white ... that means net pay porosity etc.
Telling us we are at TD and planning to run production casing is not a definitive statement the well is a success...and that is what is needed...
Let’s hope we get an ultra bullish RNS giving detailed facts...

No brainier

TD reached primary target hit and already mentioning production.
As I understand it they are going to also use the data from this well to optimise production at S1.
It’s staggering that there are still some bleating instead of buying in at a low entry...

As at December 31, 2018, the Company’s cash and cash equivalents amounted to $1.9 million,At $400k a month they must be almost skint...So the only relevant question is at what price is the next raise?He would do well to get it away @ 0.1.Once that’s done we can see if he hits any of his own milestones

The primary target was actually @ 3,800 ft, so they would have been through that and onto secondary targets a few days back

MM nonsense aside I think folks are missing a trick here
This is not some 10% cos wildcat well this is a development well on known geology that was proved in Stanley 1, eg that Baja have interpreted the 3-d seismic correctly.
No guarantees in life but the odds of this behind a success are high.

Based on Stanley 1 the announcement of a successful well came 3 days after td.
S1 took 10 days to reach a TD of 7000 ft
Stanley 2 is only 5,100 feet so we must be at TD NOW

Assuming no delays at a rate of approx 700 ft a day TD was reached on Wed, so at present they must be doing/interpreting Wireline logs

Nope but Mms for some reason have a hard on for msmn
On yesterday’s buying volume they could have easily let it go to 0.35-0.4 and buying would have continued today

Going for stops.
T9ssers dropped the bud to 0.25

I saw before some were saying 500 bopd net near term is not feasible.
But is that true...
If each of the 4 Stanley wells can produce circa 300 bopd that’s around 50 bopd per well to Mosman.
So a possible 200 bopd from the 4 wells
Challenger and Champion we don’t know as yet but if successful the 2 of them could easily net around 200 bopd to Mosman due to our greater share
So although we don’t know the timetable 500 bopd when all these wells are done is clearly attainable

So challenger alone could easily bring in net 150 bopd