The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Hi Aussie at
Same place 20 Mill plus but all good and get
Out Plan if I need it. But rather so flies after do agreement
Let’s hope and stay
Positive
Dyor
Talk of David’s description of a good fo and including possible injection of £700 million drill program in my eyes equates to possible 35 drills at approx £20 million a drill
Surely one or two being successful and gaining access to the conventional
Potential al 2.2 billion barrels at $68 a barrel
Mind boggling
Not rocket science any of this just wishful thinking and
Potential
Hold tight it’s coming
Omg sorry I mentioned the c word earlier
Just a question honestly lol
Gonna keep quiet and not raise my head above the parapet again for fear of being shot down
Jiffy how very dare you lol me a de- ramper
Long term holder mate and shareholding not far of mr David walls holding
Very positive still
Dyor
That’s a lot of shareholders coming for a drink at the next brewery meeting with Dave
That’s a lot of shareholders coming for a drink at the next brewery meeting with Dave
Rfarfa thanks for info
Maybe after the farmout it would be an idea to do a share consolidation to maybe 100-1 share
This making it more attractive to institutions before the next fo for unconventional
Sub penny shares do carry I feel a negative opinion
6 billon plus though is one share per occupant of the world lol
Hard to believe we are this close to a completed farmout agreement with a larger company and no institutions are showing any interest at this sp
Considering the interest shown and needing to keep the data room open for a longer period
Just my thoughts
Thinking of emailing Dave and asking would it be an idea after the fo goes through and prior to the unconventional farmout Him possibly popping over to London meeting at the brewery and have a chance for informal update and chat few drinks and to raise a glass to the greatly missed Paul of red wine
Appreciate any thoughts on this and anyone else up for it
Regards to all
I see this as positive
But still some doubting Thomases
None on here no how the procedure of a this farmout
But it’s confirming board have agreed and signed off just now paperwork
Surely this shows a positive sign now for the further farmout of unconventional later this year giving us a double bite of a very sweet cherry
I understand investors frustration with timelines as maybe like myself uncomfortably over exposed
Lol
Good luck all and just a little more time
Dyor
PS
SEAHAWK YOUR ONLY DOWN WHEN. U. SELL !!
Tier 1
Lol
Thanks Seahawk in for a penny !!!!!
Not to say I’ve not had my share of earache also
Funny someone recently said
Quoting warren buffet
Sharedealing is the patient taking off the impatient
I’m happy to wait and see how an asset with 4 bill proven reserve by an independent company can either sell out or partner up
Hard to believe why a tired 1 would not just offer to buy us out completely lock stock and barrel if confidence is there
If it’s allowed by the Alaskan authorities for them to hold such a major acreage
Good luck all
Sounds a great deal nutsy if it were to come off
Keep in mind osh. Paid Armstrong $400 million for a quarter share of 500 mill resource making 125 mill barrels
And if we’re doing a conventional and unconventional combined at approx 4 billion and giving away 70% that’s 2.8 billion. Barrels do
Your own assumption of value even if we sold at the same $400 million
Also oil was at a much lower price once that deal was done
Lots to hope for
I’m holding in excess of 20 million now and still feeling very confident Dave can bring to the table a good deal
Good luck to everyone and have a great day
Be nice to meet everyone at the next presentation this year hopefully
Dyor
If I may contradict myself
Was icewine 2 a complete failure
It may have failed to flow for us but our partner may have gleaned enough info on how to redesign drill
And make it flow for him
Dyor
Lots of boredom here as still waiting for news re FO
As said before deal will be done when it’s done and the Farmee may be the one with the rns
I for one can’t believe we are at this sp but like mxo which 10 bagged in a couple of weeks this is aim
We’ve had some really good factual posts on here and some not so good
But what I hang my hat on is the facts and so wait it out
Conventional and unconventional proven resource 4 bill plus
By an independent company
Icewine 2 failed but as one poster stated how many goes did it
Take at eagle ford
So if there is a tier 1 company joining us and with confidence it’s no rush for them to make a few attempts with that size potential
In a safe area told the world with oil price now not to bad
Yukon and winx not to be forgotten but a side attraction
Finally I also think both the conventional and unconventional will be both packaged up in the deal
Just my thoughts
And I always believed Conocco would be the tier 1 suitor as the great man Paul’s links and history to them
6 more weeks to end of 2 nd quarter so not long now fingers crossed
Good luck everyone
With Chinese having bought in at 1.4p this I have set as my realistic short term value as they will definitely want there investment
Back if they are the ones whom bought the sheikh to the table
DYOR
without being accused of being a ramper, ive never felt as excited about a share as I do this one.
the speed at which things are moving is unique, and ofcourse can go in both directions.
the only one doubt I did have is that the sheikh possibly will lose interest in the company and take his toys and go home, but with yesterdays interview do believe his in for the long term
as stated also he is in with all the players whom award contracts and make things happen in these African regions and competition is not going to be a problem and also funding to go to the next level also not an issue, things that usually stagnate or influence how a small cap aim listed company can perform.or grow
and more importantly the level of personal interest he is showing from his private office and how he can also bring in other investors from the arab emirates.
personally ive taken a large holding this week and look to double that next week whilst still low, considering it hit a high only a short while ago at 0.6p only sad I didn't get in a few weeks ago when was a third where it is now
as always my opinion only and so DYOR
GOOD LUCK ALL AND HAVE A GOOD WEEKEND
Those trades showing now are massive and agree a tr1 due if over 3% holding by one individual or could they be more buying by the sheikh
He has 30% but for a controlling interest would need to be 51% is this correct
Very exciting times
Read rns 15 th April
States investor considering
Contacts expertise and possible capital bringing to the table
Dyor
I think there’s bit more of a plan afoot than him just buying in with share consolidation and name change into his own name