Member Info for BigBear2

If the MMs will narrow the spread would also help red buys annoying...

Feeling very optimistic about Stanley drills.
Both those come in and can’t see why we should not be back around 0.6....which is only where we were when Stanley-1 came in.
Santos comes in I believe we will simply be taken out for well in excess of 1p.
Exciting times Stanley recompletiom any day now..

Here we go!
Finally underway

Cmon JB!
Let’s be ‘avin the first of a series on positive RNSs
Recompletion and initial flow rates....

To put things into perspective our mkt cap is still less than rmps!

News IMMINENT.
Thought it may have been 1st thing but don’t rule out intraday RNS with JB.
GL all full locked and loaded

Yup had a small top up today we are still well under the radar...

MMS took it on the chin for some that would be a 20 percent gain and that’s good enough.
Which is fair enough but I think with news so close on several fronts and the tiny mkt cap we are a steal at this price

Coming in...

Great few months coming up for Mosman Stanley 1 to flow oil Stanley 2 spud surely imminent with a short drill on known geology

I think the issue is Art has spun the same yarn several times prioduction in a few months time then failed to deliver on each occasion whilst in the same breath slapping existing holders in the face with a large discount placing and refusing to trim salary levels

Can’t even imagine the level of next placing...
0.15 if we are lucky

Cannot compare us they several Kimmeridge assets most noticeably Balcombe that tested @ 3k bopd...
In simple terms if we sort stuff out here a 10m mkt cap is easily achievable but we need sentiment to return and that starts when Stanley 1 produces oil in decent quantities and we get a result at Stanley 2.
Patience required...

What we need is that damn spud.I have sympathy for jb as it’s not his issue but when you see the 88e drill running smoothly in Alaskan conditions it’s hugely frustrating that damp ground stops us in our tracks

Overhang and shares in issue we have 6 billion rmp have 600 mill, so if you take that into account rmp all things equal are currently priced at 0.7p, which means the market is currently pricing in the rest of 88e assets @ 0.5p a share....

The problem is the RI and placing
This was substantial and may take a while to clear and DW may simply be allowing those that want to slice to do so with the lengthy 10 day Wireline and log

Rmp just like it was in Puntland all those years ago is the all or nothing punt with less shares in issue.
88e has a lot more to it than this drill. At some point I think you wil see Rmp cash flow in here....
I think unless you bought in @ 0.75 for a trade the smart play is to hod at least until wireline log results in

1.2p to buy
I think we are just seeing the final. Overhang from the RI clear once this is gone 2p soil easily be broken

It’s possible they would do that later or do an appraisal well for other zones.
Makes sense to flow test the best zone for a declaration of commerciality

I stuck a few quid in here yesterday this feels like it has some way to go to parity with rmp based on their sp

I am expecting both TD rns and then full Wireline logs on fri/mon