Member Info for bobbbyrash

Against 2500000

Thanks ma2brw!

I have to disagree MP, I would much prefer the balance sheet to build up after 2 successful wells and self fund the future drills in the short term. If we are flowing 1k bopd after the next 2 wells on top of existing production then at over $2 million a month in revenues it won't take long to build a nice pot to fund drilling. I've waited this long and knowing we had so much revenue coming in I would be delighted to wait an extra year or two for the development plan to unfold organically for the most part! Just my opinion!

I don't know which site you use MP for oil price but your quote is alway 50 cents lower than my websites. $73.68 on mine :) come on Bloe, give us a gusher!

It is in 'progress' ie. It will be released when it's ready. Looks like you are growing a bit impatient! Maybe you should just sell up and be done with it! :-)

But we will be talking 200m barrels of recoverable oil ;-) hope that's enough for you!

https://youtu.be/PdGH7a2FBFU

3m 35sec onwards. The new CPR is being worked on and will be released when it's ready. Maybe you should watch the video's GEO! Just a thought.

Try oil at $71.30 MP. Every little helps ;-)

300,000 bought last night on the bell for 2.5p

Getting close to some good news maybe ;-) come on Bloe! Do it for the believers!

So when it's NT to buy why didn't they raise the sp ? If it's NT to buy then surely there isn't any stock available? After good RNS's in the last 6 months it has quickly gone NT so stopping buying. So stopping a further rise. 3.26p was paid about a month ago . We've had comments recently from Rocklawn I think that " the price was stuck at 2.92 to buy and 2.75 or so to sell. The market didn't want the price to move. You have said several times that they would take about 1 million shares at 2.8 or something and to buy was only a fraction more. 'fluid market' I seem to recall you saying. There is absolutely no justification for the sp to drop down here from the 3p mark. IMO! Bring on the results soon Bloe! That's my rant over.

I thought it was NT to buy at about 2.6 last week? If this theory of "for every buyer there's a seller and vise versa" then say we hit 1000bopd on a 200m barrel discovery, the RNS is released and of course nobody sells, so therefore I presume nobody can buy so I presume the sp stays at 2.3p and even drifts to 2p? Or does Mr market have the power to suddenly lift the sp to 30p without a single trade being made? There lies the bull****, every time we have moved up in the last 6 months with numerous buys, instead of holding or continuing, the market have brought the price back down on nothing, they are actively discouraging buying by always dropping the price back down . One day It will change. Markets up, oil up, block down, that just isn't normal trading and price reaction.

Why does it not drift up on tiny volume? Serious question. Is the value of block really worth £3 million less than a week ago? Strange to understand. The drill bit continues turning and hopefully all going well over in Georgia!

Hallelujah!

Already averaged down to 5p :-) I fully believe 5p will come once we actually start achieving what we are supposed to be achieving! Campo limite could get us there on its own when we finally test it! With oil over $70 and production slowly increasing then really 50-60 million market cap is not too far away! Maybe news on Monday. Have a good weekend all!

Conrad, 1.9p was paid on 1st April and abzzba, £20k at 20p for me which I'm still holding hoping to get a quarter of that back in the not so distant!

"Additional interventions planned for Q3 include WR-38Z, where a production logging tool and artificial lift solution are planned to improve oil and gas production from the well and KRT-39, where surface facility upgrades are due to be installed, in order to monetise associated gas production that was previously flared".

From Q2 operations update. So if they are planning on monetising the gas from KRT-39 it must be commercial without any oil!

Very positive update. We just need 16az back online with stable numbers and oil to remain comfortably over $70 then we will be turning a small profit without the current drill. We all know the results of this drill are the complete game changer for the company. Not too long to wait!

We need to get the buys rolling in and create one mega short squeeze! Then 20p could come quicker than we think!

Why has it gone down from 2.6p when we've had nothing but buys? I don't get it.