Member Info for Bladderman

Catching the bottom is the key but give or take 5% i think this is it.

WTI back to $78

Folk loading up in the buy zone sub 25p with many locked in a lot higher

Very few want to sell sub 23p. TBH why would you know the miscible flooding is behaving how it should with the synergistic effect off both increased field gas injection and the upgraded above ground system to handle anticipated increased pressures.

It's an incline curve and believe the SP will follow that. At any moment the supply dries up which should do this week IMO then watch this rise like a phoenix

Great opportunity here.

If all goes well the field should be producing up to 5000 bopd by Xmas. Potentially up to 3,500 plus from 2,700 in two weeks. That would be lovely.

Deep well horizon update imminet too so dont get caught out by market shenanigans

We could do increase production by another 20% by the end of the month.

£100k block seller nowhere to be seen either.

All coming together

LB you said we could be waiting up to 8 weeks for a 20% increase in production. Well it's been achieved in one week and 75% higher at 34%.

So glad it was the latter. How good is that...!

Now let's re-rate.

Rodge: the production sharing contract that we signed in 2015 for the Cameroon license is legally binding for approval be granted in 60 days.

Say if we price this at £5M, our South African billion barrel plus potential asset say £2M. Basically at £8M MCap our Namibian asset is being valued at about £1M.

How under valued are we...!

According to the PSC agreement we now have approval.

Ace.

Should smash 25p tomorrow first thing

Still only £40M Mcap.

£60M is 36p and very reasonable at this stage

Not sure how u like your shorts. Personally i like them deep fried

Shorts will either need to close or are closing. Win win for holders

Looking good shouldn't be too too long before this is trading back in the 30s

Have to consider that we did 24% in two weeks to get to 2,700bopd so lets see

Am I still hallucinating??

Next week is a new week.

Hopefully we can rise from well under £40M.

Well Pepsi you sharing your email's killed momentum dare I say

There is one jerk on the Ask forcing downward pressure the rest at 23p. When he does one normal trading will resume. Is it MReX?

Well if we're worth £40M at 25% we could pick this up at £10M can we not?? Lol