Member Info for Bladey

https://gb.wallmine.com/lse/eog/officer/2015510/simon-oddie

This rep does not show a guy who'd keep quiet for no reason... Reckon he's brewing something good to give to shareholders.

Absolutely, and not to mention that these other assets far outweigh our current MCap, in fact on Wressle alone. Hopefully they are putting together a plan along with I3E gang to monetise Serenity.

Blue UT, puts us 1.12% up... brill, should climb daily now for the patient of us!

Oddie needs now to come out and do an interview as Majid, (I3E) did. He's had a few days to gather his thoughts and enough time to at least come up with a plan for Serenity moving forwards. It would've been ok if the share price hadn't slipped so much, but him staying so quiet is not helping the situation. Charts still show daily weening off on sells, thinner and thinner! Hoping to see an uplift next week. DYOR

RICS survey highlights strong rental market

Today's RICS housing market survey, in our view, paints a much brighter picture of Watkin Jones's rental sector than that in the sales market. Surveyors expect strong growth in rents to continue, driven by strong tenant demand and constricted supply. We believe that part of the reason for the arguably excessive reaction of the share price to last week's trading update may be the weakness of the national housebuilders, but they operate in the currently more challenged sales market.

Distressed seller now gone, we should make our way back up. Was always overdone drop!

I'm assuming that they didn't plug the well throughout the entire column as it would have basic lining. Would be even better if they'd just capped it in case they needed to return to it.

I was thinking on another aspect whereby IF I3E did not take the Serenity project further, would they sell the asset licence to EOG?

D2B, even better...nowt to wait for lol

Thee only great thing about this.. is the simple fact that this won't be exploration or appraisal.. We already know the oil is present so it's a straight money making project.. Guaranteed!!

Once it's generating the cash we can do further appraisals to find a sweeter more lucrative spot for SA03 with all the data gathered so far..WITHOUT needing to raise cash from shareholders!

On the assumption we have monies being returned to us from the Govt., and the cash retained from placing >£2M we may not need the UJO loan as the development cost for an already drilled well would be substantially I'm assuming. It may be we are waiting to hear how much we're to receive back in cash before we align ourselves with I3E going forwards with developing SA01.

Don't also forget the amounting revenue from Wressle...daily!

Stas... I just finished watching the video & I also took same from the Majid interview, I don't believe Serenity is done, They're not going to let it go especially as it adds to the portfolio and the very low dev costs is more than worth it. The well is already present and would just need to be represented as a production well, which I assume means cement lining and some restructuring. The field could easily be expanded on in the near future as they can re-model and interpret the data, between SA01 and SA02.

The Serenity discovery well would not incur any further costs from EOG shareholders as we should have plenty of cash for our share of the project. As Majid also said, Serenity wasn't priced into I3E share value, and I believe the same for EOG. The only difference between both companies is the fact ours took a pounding from seller from the outset.

I still think EOG/I3E boys are talking on how and when to get this ball rolling and then EOG will come on with an interview as they want to have this situation presented in a positive light looking forwards!

I agree SWLC, but now we must contend with shorters exit and traders exit as they sell from the low buys. .. hence at this point it's just shifting them out so the larger buys push it up.

Selfish judging by the 'Hong kong fuey' book of daily charts, sell pressure definitely weening off, just need to hack it out next day or two and pressure should be completely gone! Then it's just the traders who bought in the lows to rid of and we should return to favourable sp. Any extra positive news would accelerate the timeline for sure!

Definitive change on the daily chart, we may hobble around 80p mark... but direction will be much north over next few trading days.

Yep, just traders who bought in the lows and those shorting like Pernix lol to bugger off!

If you bought £500 at opening price, at 40p you'd have £285K pmsl... Joules you're a joker!

Saying that, if you'd bought PYC in the morning of the great launch.. a few years back, you would've had £31K by cop, as that went to 31p.. or thereabouts from 0.5p IIRC, BUT that was a completely different kettle of fish...completely! Lots of peeps made money that day..including me.

UT of 82.50p puts us a miserly 0.12% under yesterdays close... Considering the FTSE100 is 69 points in the red, that's bl**dy good in my books and charts definitively show a recovery now.. looking forward to tomorrow!

We hit above yesterdays closing mid-price and we're blue...tomorrow onwards looks great

I think there's some serious talks going on between EOG & I3E, as to how to make the most of Serenity now, and then come to market with an interview outlining situation. Also prob letting I3E take the lead first with Majid Interview tomorrow.

Yeaaaaah, that's not helping, get yourself a punchbag mate and take out your frustrations on that. Attach a piccy of SO on it if it makes u feel any better!