Member Info for BondSan

Textbook Aim

99.9% of shareholders wiped out and a handful of lucky ones make 3 or 400% in days

Nothing to see here

Will be good to have another LSe listed 500k producer to invest / trade in along with BP Shell & Woodside . Thought they’d go for Enquest maybe but they had bigger fish to fry . A mini Major now

Whatever ones view of the CEO, the broader lack of interest is disappointing as the Thali license looked great on paper with its multiple prospects and domino potential if the easy oil is drilled. Looked like a shoe in to kickstart a broader development. Still does. It was never of interest to larger oil companies but looked like a company maker for a minnow. I chose this over char when both were around the 1p mark. Char 15 bagged despite having to appraise a gas field much further offshore. This has nearly 10 bagged in the opposite direction by now. Thali looked like it would be easy

At least he put in another sizeable lump . Just add a smidgeon like he did ,pro rata . Whether it’s a hundred bob or 10 large . That’s if you are a LTH stuck in this like me. Stupid to sell after such SP destruction so only option is to add a smidgeon , however small.

So 12 bn shares now. Let’s imagine there’s a Consolidation next week at this price of 0.02p

Would you prefer 1 for 1000 giving 20p Or 1 for 100 giving 2p ? Which nominal price is more appealing psychologically ?

Merry fking Christmas . 25% dilution

What a shambles

Lucky I only took a beer money punt …another AiM disaster for retail holders.

Well lucky I only took a beer money punt …think I’ll invest in something ultra boring next. Another AIM disaster.

Small investor doesn’t stand a chance really

Computer algorithms designed to crash prices before retail has a chance to react ..unless RNS is amazing . Not the Rns hoped for but Didn’t read like a duster either

I had a tiny beer money punt on the off chance they’d hit oil by accident in the basement

They’ve had 15 fricking years to come to an agreement

How can an agreement be reached over something whose true extent cannot be defined anyway (huge oil exploration structures ) . It’s a fallacy . Agree on what’s known to be discovered between 2007 -2014 and factor in an adjust or reassessment process with defined limits every 5 or 10 yrs if needed . honour the contracts and investments of risk takers who funded the development of their country.

Apart from a few Chinese bamboo pipelines in the 6th century , There’d be no oil in the first place if it wasn’t for the West ( Drake , Darcy, Reynolds etc )

that can only be quantified by decades of further extensive and expensive drilling ( all the other unappraised underdrilled fields and prospects that was endowed by nature to them , which they could not have developed without the foresight , intelligence, ingenuity and risk taking of predominantly western geologists , engineers , scientists , investors etc etc

Appear to correlate to the shape of the larger structures …

By that I mean they seem to run in a diagonal orientation from NW to SE ( over the Alpha Gamma leads or alternatively corresponding to the NW SE orientation of the Dolphin Graben

The Oil Seep indications in the You Tube Namibia presentation by Duncan which was linked to a few posts previously are….

Numerous , concentrated , outside shipping lanes so caused by shipping traffic can probably be ruled out , and…..appear to correlate to the shape of the larger structures …

Ok , Retirement man , Thanks for that

I used to post under another avatar back in the day.

Amazing how people can post negatively on a stock day in day out for years and have no action taken against them . Imagine if I camped outside someone’s house day and night with a megaphone and started going on about how it was overvalued …how long would I be permitted to do that ? A few hours ? A Day ? Would I be permitted to do that for 10 years ?

“Unsubstantiated claims everywhere without any facts. “

I take it You are referring here to claims by others being unsubstantiated ?

“My view is to wait until Turkey starts paying back monies owed next year this pipeline will not open. Get real”

Worded a bit confusingly …. “Get Real” is …addressed at Trolls ? , myself or all of us here both LTH and Trolls and everyone in between ?

I was curious whether if they drilled into basement they would find more than helium ( ie. Oil ) , as there are several examples of major basement oil fields even from very hard crystalline rock like gneiss or granite ( in Libya , China , Russia , Kansas etc ) . I guess they haven’t made an accidental oil discovery reading the rns , so helium in worthwhile quantities it may be , depending on the logs . It did pique my interest that they were using a rig designed for oil and capable of getting to 2200 m but the rns suggests it’s more for sandstone type formations than hard rock

Took a v small punt yesterday nonetheless

Trolls trying to convince people that black is white. Here’s one example of many statements in the public realm regarding Shaikan OIP

North Star Discovery Downhole Specialists Calgary LinkedIn statement

“Gulf Keystone Petroleum Ltd. needed a flexible test package to properly evaluate two reservoirs for their first wild cat well in the Iraqi Kurdistan region. Northstar was able to offer a variety of different testing options on site with a 100% success rate, helping GKPI prove 2 mega structures representing over 10 billion barrels of oil.“

Https://www.proactiveinvestors.co.uk/companies/news/1020176/helium-one-global-buys-its-own-rig-for-tanzania-project-1020176.html

“opens up a range of ancillary options for the company as well as, most importantly securing the control of our own drilling programme and any future appraisal and further exploration activities”.

I interpret that as continuing deeper if they see fit

From a bit of light internet based research on Lake Rukwa today

The new rig as I understand is capable of drilling to 2200-2400 meters. Have the company stated they will halt drilling at 1200 meters ? ( the Karoo Sandstone that was unable to properly wire lined on previous drill ) . They own the Rig correct? So why not drill onward ? Basement rock is Ubendian Orogenic Rock ( rock folded laterally ) . Very hard Gneiss I understand . Perhaps they see some benefit in going deeper rather than ceasing the drill at the earlier target depth . Would this explain the slower drill progress….just speculating . I have no shares in this . Might take a tiny beer money punt on it

DONT Patronise me