Member Info for bobbbyrash

Thursday morning is as good as any for an RNS! There must be some progress in the last 3 weeks. Come on MH, tell us what's happening with Campo limite testing!!! Let's get that gas flowing!

First oil end of 2023. Mentioned in several interviews/videos.

"Not a bad target for next year I'd say"!
The clue is "next year" ! You and your mates will be soooo p*ssed when we get close to those figures ;-)

My basic maths :-
1000bopd X $100 oil = $100k per day
$3mill per month
$30mill+ per year excluding the gas.
Not a bad target for next year I'd say!
Let's get these wells and work overs done asap and benefit from the rising poo! News this week I'm thinking ;-) onwards and upwards Echo ! Time to shine.

https://oilprice.com/Latest-Energy-News/World-News/Bank-Of-America-Sees-120-Oil-By-June-2022.html

The cashflow here will be insane if Buffalo comes in. Spud imminent and results for Christmas!

One things pretty much for sure, our H2 results are going to show a substantial profit. Sooner or later the SP will reflect the progress being made. Sub £10mill market cap is an absolute joke for a company with our reserves and production and positive cash flow. Come on MH light the fireworks, it's bonfire night this week!!!

Would be a great start to the week to see a little red dot at 7am with more production online! Come on Echo, time for a blue week. May the borders open and may CL be tested!!!! 1st Nov tomorrow. Onwards and upwards.

Come on 4p. Let's be having you!

It's quite amusing tbh watching this sp flatline at 0.64 with buys and sells almost identical. Only 3 possibilities going forward. It will never change or it will go up or it will go down. Let's wait and see :-)

So are we expecting the final 3 Campo molino wells being brought online this month and RNS confirming this or maybe first week of November? I think we are going to have a nice steady run of positive news now until end of year! I apologise if my post is too positive for our resident doom merchants.

And still we have sells at .64 wtf. Any whiff of bad news and we drop like a stone and yet good news after good news this year and up to now nothing. We are STILL around 20% down on the PRE bond restructuring news sp. We we hovering around .75 then!!! What a joke. All we can do now is wait in the comfort that things are going well and will only get better as the months tick on!

Excellent news this morning and another 15 to go. At least we know they are cracking on with it now so expect a constant news flow over the next 6 months. We are finally heading in the right direction. Our H2 results should be very interesting. Our current market cap is still barking mad but I fully expect that to change now. MH has delivered on upgrading the facilities and pipeline enabling the production increases to be realised. It was no good turning on production 6 months ago without the necessary upgrades as we would have been hindered by the old pipeline. (You can't put the roof on a house before the walls are built) . We have had to be patient but all I can see now is a well deserved re-rate for Echo back up to a respectable market cap. Let's not forget CL and MA ! Bring it on Martin and well done for work achieved so far this year!

Looking forward to more production increases very soon. Onwards and upwards slowly!

So after the next 3 wells have been brought back online then we should be over 400bopd plus all the gas then surely we must be looking at 1.5p sp? This current market cap is just plain and utter bonkers full stop. I'm hoping the RNS drops very soon with the title "Campo limite update". Can only be a matter of weeks. In the meantime all we can do is wait until sanity prevails.

Just topped up at 3.4p. We know this can move pretty fast like we saw in the last couple of weeks. Just going to sit back now and relax as we get closer to spud. Looking forward to the interest building this week! With oil over $80 the case here is definitely compelling!

Thanks abzzba! Let's hope MA and CL have about 100bcf and we can get them producing soon (after testing of course) ;-) all slowly moving in the right direction!

https://www.reuters.com/world/americas/argentina-loosens-covid-19-restrictions-will-ease-open-borders-2021-09-21/

Looks like the waiting for Campo limite testing is nearly over! Let the gas flow Echo!!!

I should think there's some buying with the current oil and gas prices. £7m market cap???? Really?? I think our revenues this year will surprise a lot of people. Btw I've never seen a share with such a relentless bashing campaign, bash bash bash , day after day after day. That tells me we have a good 12 months ahead! :-) come on MH release some updates! Campo limite and Monte aymomd gas must be looking good now! Bring it on!!!! Bash away mother f*********!

Let's quit the PH bashing until we see what the flow results are. If these 2 wells before the end of the year perform then I think we will all be praising him for the Schlumberger deal and the cooperation with BH. I would argue that the last 18 months we have had nothing but positive steps from the company. We are days away from seeing if they have delivered the goods. I see we had more buys than sells again today but of course the customary drop in sp. I've got a feeling next week is the week we have been waiting for. One would presume if nothing was coming out of the hole then surely they would know that the first day! Have a good weekend all. Let's see what Monday at 7am brings!

Rxdav, how would they be able to sell if it goes NT to sell? If they sold then someone else would mop up their shares so they would have less :-) that means if someone bought their shares then buying causes the sp to rise !