Member Info for Bladey

From Jezzacs link: CEO of Canarvon Nov 12 statement:

"The Buffalo well targeting the low-cost redevelopment of the existing Buffalo field. The
Buffalo well is targeting a mean gross resource of 31 million barrels of oil and is expected to spud in
late November 2021. The well will take approximately 20 days to reach target depth of 3400m.
Development studies are already underway and priority will be to bring the field into production as
soon as possible."

Fair do's, it's just that your article link was exposing 'Thermal Coal'...albeit positive.

Although I understand the message you're trying to portray across, BUT... that's not the coal we're mining. We're mining High carbon content coal, also known as 'Coking Coal', used for the production of steel in industry.. an important requirement for all growing industrial economics!

....And to put icing on the cake, it's much more expensive than standard 'thermal coal', (article), by the ton!

Large buy orders but low float = tree shake, free up shares, fill large orders ...rinse repeat before production!

I heard they're using some of that long burning coking coal to keep themselves warm during winter production!!

@Longshot... what u on-about lol... Completely different sectors, (aside from the Carbon element), mandates, financial positions, BoD's and active goals!

Do some research mate! Coggs did you give him a fake copy of your bible, shirley not? LMAO

@Grezz.. that made me laugh! Was just imagining Somali pirates and a bad compass ending up too far from home and trying to make the most of it by tying some rope around Valaris and trying to tow it back home on their little dinghy boat!

@Everyone else, nothing to worry about.. reckon it's just procedures to making Rig ready for moving....if not already en-route!

Yep said it from the beginning, obviously a lot of people have no idea what they were chatting about on Friday, dooming AVON all the way down to low 900's, over half the MCAP of a tier 1 company on THAT RNS! This should recover steadily as it's traded back up.

The warrants being exercised are very reasonable tbh, and are necessary, furthermore they're going to just add cash to the company.. so in the grand scheme of things IMO it's a good thing.

...With more to come! What a stupendous week and as I expected we're over 30p CoB!!

Looking forward to a GREAT week Monday onward as more weekend coverage and more realisation to revenue and profit to be generated here starting before even first delivery in January!!

Future looking very bright here IMO, No debt, revenue/profit and BoD and II's hard locked for a year and soft locked in for 2nd year, just shows confidence for the numbers..£400Mil mc?....for starters? lol

Gona be some massive buys showing up after hours for sure!! MM's letting mates in

Lmao... just topped up, brilliant MM's knocked nearly £300 Million off yesterdays Market Capof a tier 1 company on that RNS... brilliant! lol

Tbh we should cross the 30p threshold by CoB today in anticipation for next week. Then further north before this debt free profit earning company starts production!

Also factor in that the FTSE has dropped 36 points plus, unfortunate but once sentiments on the index changes, so will this!

Can u imagine the stop-losses that have been triggered today! Once all sorted this will climb back IMO to a reasonable level to reflect this mornings RNS, rather than this silly 40%+ drop, nearly 50% of the market cap...are u serious??, lol

Logic alone dictates this shouldn't be at this level on that RNS, yes there are concerns..BUT not at this level! DYOR

Lol Coggs u sure bring back some good memories, regardless of the share, we had great banter over there for a few years... never seen the likes since tbh!

But shirley 50p is our halfway mark ;-)

Yeeeeah... tad overdone on the drop here, should see a sensible climb from here this afternoon, Monday. IMO

Yep, this is good news! They know that the price will be much much higher a year from now after doing any due diligence.. and it's only 200k shares lol

The PrickofAim lol...everywhere you go you you're a toss off... any bb on lse lol

Can't be sure, but that lovely positive UT is looking very good! Bodes well for tomorrow! IMO DYOR