Member Info for BigTonyC

I have been here since A5 discovery. I have no idea what my average is because I have bought sold averaged down and sold for other things but in all reality probably have lost a fair bit. These however are my thoughts at this Sp. Surely it is a no brainer to buy in or buy more at this level. This isn't really aimed at anyone with a 8 pence plus average. At this sp assuming that they continue with the shallow programme every drill adds more bopd. If they get up to 20 wells which is very easy as they are cheap and funded by existing wells 4000 bopd is easily achievable. Surely that would give a sp in excess of current levels very easily. What I do not know but in excess by a fair amount. My only fear is that they have possibly misled over the CPR and we don't actually have the recoverable oil they have claimed but I would think that to be a highly unlikely scenario, we do after all have a 25 year licence granted. I am basically asking as long as the shallows keep getting drilled and producing surely we must be at rock bottom now. We have our own drills to keep up with both new wells and work overs as needed so I cannot see any downside from this sp. I don't need to add that if a deep comes in game changed but assuming a deep never gets achieved this still seems a very cheap share with only upside to come.
Any thoughts from others greatly appreciated.

You would imagine they would be relatively instant. Let's hope so.

Good post Bob, can't disagree with that.

What do you call cheap?? KO is in at 7.1 pence so I would imagine a buyout would be beyond that and I think most of us would be happy with that right now. I understand there are people in here with higher averages than that but can't keep everyone happy. Personally I would like to see a miracle and a deep flowing. We haven't got the Korean on board for nothing.

Why isn't it 10 p then?? I think most of us have been here far longer than you and don't really need your inflammatory rude comments.

A very welcome and unexpected RNS. They have even shared the information promptly, perhaps it marks the beginning of a clearer and more informative year, I sincerely hope so.

I loved the first Terminator movie. It ranks in my all time favourites.

I think it would make a huge difference if actual production was confirmed.

sledgey, I agree with what you are saying but why can't they just say what they have been producing and what quantities. Without confirmation people are only guessing. Oh and my average is 94 so don't want to be accused of deramping because I dare to question the mighty ODX.

Brad, are they stockpiling?? I haven't seen any confirmation that they are producing, let alone stockpiling. I hope you are correct but I would say you are only guessing unless you can prove me wrong.

Totally agree. One of the most arrogant and condescending posters I have ever experienced in my 12 years of trading.

Do you think we might possibly be turning the corner. About time.

I reported him for what was a first post and rude for no need.

My son's girlfriend works as a home care nurse and has to test herself everyday and I asked the other day out of interest and yes it is the innova test she has been given.

You're not the only one Mr C

FILTERED.

I know I am going to be abused for this and I hope my friend is wrong but he works in airborne viruses and I was discussing the antibody test pre vaccination. His thoughts were they won't bother testing they will just vaccinate. I pointed out about the cost and he just said vaccine isn't expensive.
I sincerely hope he is wrong because I am down a fair bit of money but his firm work with the NHS and he is adamant they won't test.
I asked why the Govt created the RTC and he thought covering bases if a vaccination wasn't found.

Thanks Adrianz, I hadn't looked at it that way. It would be nice to start a steady or even a quick climb back up. It feels long overdue.

I thought they were drilling their own wells now we have bought all the equipment and crew which was supposed to save money.

How nice to have a bit of humour on the board.