Member Info for BigBear2

To buy!
No funds at present to top up!
Grrrr

Fair call there
IMHO any success with Santos and we get taken out for well in excess of 1p...with the pathetic mkt cap not even worth a farm In.
Hopeful we will get an update on spud some huge losses at rmp at present and if I recall Mosman last mega spike was being in the right place at the right time after the TRP duster....
Any decent trading volume and we explode
Glass half full time...

Than I expected it’s not good news no shows over primary...

Degsy as per my post on 88e there is also an equal chance that if the first target had no shows Dave will RNS this, I agree it does not seem logical to do this but this is exactly what he did in his last venture pre 88e...

To be clear they don’t have to suspend here but they can request if they want to

I have to say given we are close to another discovery my gut tells me these are early hydrocarbon shows in the secondary target.

I have to caution my enthusiasm though as I was in Dave Walls previous venture that like this drill had several targets and was using LWD...Same pattern early suspension then a few days later no hydrocarbons in first target drilling ahead to primary.....So he is just as likely to give a No show as a black gold RNS...
Let’s hope for better luck this time.

If we get an announcement it will be a voluntary aim suspension. It’s complete tosh to suggest the draconian rules on asx create a more stable market. All it does is lock people in till the ANN. Hopefully he will leave the Stock open to trade...come the ANN/RNS on mon/tues this will tank or explode on both markets

Unless some sort of accident or mechanic issue there is only one reason for this the log whilst drilling hydrocarbon indicators have lit up

I heard the same from John call should have happened by now so hopefully we will get an rns updating us today.

Worst case scenario we are still delayed and there is a dip if so i will be adding imho santos drill in April is the main driver here...

Expect large delayed sells likely placing shares being dumped at a slight loss

Great news that’s the real picture here they strike we multibag overnight

The only way I see a cheap takeout is say RKH taking us on and these lot being given board positions

Agreed but Baja are essentially who Mosman are dealing with

A cash shell has no assets lol
Msmn have several and are producing!
Sensible deramps only please!

Rich Baja(I would imagine after being pestered by JB) have updated their site to say site prep to be fine mid February so I imagine the prep for spud is happening right now.
Worse case scenario we are delayed a few weeks we are funded for this and the next drill anyhow.
Let’s hopr for spud rns next week..

I guess the main thing is NOTHING is factored into the mkt cap we are priced like we are a cash shell!

This is a simple case of a huge discovery being ignored so that eventually BOR run out of cash.
WIt another 3 or 4 years and get the lot for nowt?

Agreed 1p is low but it’s 4 bags from these levels and that alone should wake a few up

Santos has elected to proceed to Stage 3 of the Southern Amadeus Farmout with Central by electing to drill a well in EP112 to earn a 70% participating interest in that permit. It is expected that Santos will drill the Dukas Prospect in EP112 which will be a free carry for Central under the farmout, with drilling anticipated in the first quarter of 2019. The Dukas prospect was delineated with the seismic campaign in 2013 and further seismic data acquisition in 2017 and 2018.
If successful, the Dukas Prospect could contain multiple Trillion Cubic Feet (TCF) of gas. Two other wells in the Southern Amadeus Basin (Mt Kitty and Magee) have demonstrated a hydrocarbon system exists. Further, the presence of helium and hydrogen offers potential value add. Please see attached information extracted from Santos’ 2018 Investor Day Pack (page 78) 1. A successful development could facilitate a Moomba pipeline connection.
Santos has elected to remain at a 40% participating interest in EP82, EP105 and EP106 2 with no further farmout works to be completed. Central will retain a 60% participating interest in these permits.

Whilst we await Stanley 2 anyone got any theories on the rerate here if Santos strike and Stanley hits the black stuff and flows?
I am thinking min 1p