Member Info for bobo

fill your boots......or fill your pants you pays your money you takes your chance

expected worse today. maybe we've been kicked enough

Maybe, but the sell off before the 1st delay RNS was quite noticeable

got some mood swings this one.....or just leaky lekky have to admit was tempted to bail on the last sell off, maybe they overcame the issues

when i look around AIM at some of the market caps and compare to SMDR i wonder wtf is going on. ok not got the biggest P1&2 reserves but we are spewing oil out. From memory about 80mmbbls reserves and 18k bopd......and the net back is good for offshore i remember when DES n CHAR were this mc on dreams and a bit of seismic ramping.

at this rate it seems a fecking long way back to 140p for me world markets are flying but no one seems interested in mid cap oilers

some more delays. the SP retraced just before the last delay announcement. Leaky Lekky. Cat all be bad news seeing as we jumped 30% for no apparent reason a while back

South kecapi dst 6000 bopd on a restricted choke North kendang is subject to a $20m approved insurance claim, a $8m payment has been made. Plan to redrill Q1 next year with suitable equipment. This is now a low cost, high impact, 50% cos drill. Bedug, 10m gas pay 11m oil pay. North Kutei basin looks really good, a crying shame the couldn't test 2 of the wells. They are now looking for a farmin partner. Not bad planning, just bad luck. You cannot plan for everything, 2km below the earths surface in an unpredictable place.

Where's that takeover Company treading water, buying shares back, may as well sell up n make me a few quid

Feb, south kecapi-1 significant oil discovery April, North kendang-1 wet gas discovery suspended due to high pressure, to be revisited May, Bedug-1 strong oil shows potential discovery, gas discovery, deeper targets not drilled due to high pressure North Kutei sounds like a winner to me, just needs a bit more work. hopefully the insurance will shell out for redrills July, Tayum-1 gas discovery July, Rayong G/4 50-4 duster August Surin G/4 50-5 oil discovery September, Sinphuhorm East-1ST gas development well September, Ayutthaya G4/50 duster Seriously ......WTF is not to like here. Just a bit of flesh on the bones needed. these results do not justify a 50% drop in sp

nice to see mml up whilst gold seems stuck around1300.......maybe the new plant is up and running. sooo tempting to sell a few and bank a few quid, but just cant help looking at the previous highs and wondering if gold will recover.

yep never got much attention, gold price not helping. I like companys where private funds hold large chunks, people close to the action have poured cash into this project. The history here will scare many off but the old management have gone, and a return to the previous profitable smaller scale mining should prove a catalyst one production starts again. Only a few months off.

solid not sold

rubbish over 50% success in this drilling campaign rate if you include the suspended untested discovery. The market dosent like smdr at the moment, or most smaller oilers for that matter. Maybe an element of spreading too thinly with recent exploration, a bit like throwing darts, but it will all come together. Have to say the current share price is a bit depressing. We need more details on the discoveries and potential reserves for the market to get their teeth into .This is a sold company, not worried just peed off.

the 10% rise was due to the 70pt spike in gold price when the US announce it would carry on printing cash on weds

gold down 20pts from its high the other day. unfortunately as a non hedged producer MML is joined at the hip, more than most, to the gold price.

Production numbers are fantastic, can't think of another producer pouring out this amount of oil for the market cap. I've seen double their cap with zero production on AIM IMO all that's holding us back are the P1&P2 reserves, need to get to work on this years discoveries and book some reserves.

funny old couple of days, 10% swing of a ftse250 company.

something happening here. touched 133p

hmm been on my watchlist for ages, been kicking myself for not buying in the 800s. looks like insiders were given the nod early september when the price started to rise. http://business.financialpost.com/2013/09/16/coastal-energy-subject-of-2-3-billion-takeover-bid-from-hong-kong-private-equity-firm/ still 20% upside if the offer is improved to $22 as the article suggests. An offer of $23 previously turned down suggests the company may play hardball. Cash closure in four weeks if accepted, looks worth a punt to me.