Member Info for Brasso3

If CAZA does hit the more skeptical 1200 BOEPD mark tomorrow for Q3 the numbers are still impressive. Revenue: 1200 x $90 x 90 = $9.72m Net back: 1200 x $50 x 90 = $5.40m It was not that long ago that our annual figures were worst than that! Q2 revenue was $6.28m so we will only be up 50% on the quarter!!!

Can you give me a historical example of a multi-billion dollar major O & G company that has purchased a minnow with a market cap of £12m before? In my opinion this just does not happen. If there was any truth in it the EDG share price would have rocketed by now.

The Repsol rumor was obviously not true! FFS. Why would a company that size be interested in EDG! I also do not understand why an investor here would want EDG to get bought out. They have over 7m BOE P2 reserves, production over 600 BOPD, a flexible loan facility and a good CEO. The only thing I want to see here is a 5 - 10 well drilling program.

I bought 99k this afternoon at 7.7p and that showed as a sell.