Member Info for Bridgedogg1

If we drop a horizontal that flows at 5k bopd and pays back in a couple of months- 'right, lets do 150 more of these'

We'd be a top global producer. We'll never get there, Chevron will take us out, bargain price in the hundreds of millions.

Steady build this week? There isn't really any strong resistance until 38p with 33p and 35p almost cleared through by churning over the last few weeks. Everyone is watching and waiting, a wall of cash ready to drop in here.

Yes good article, increasing price of oil should be adding £billions to our MCAP (or whoever buys us out) once the value of the asset is recognised.

It’s all been said. Let’s get to £1 this week.

As I think Tiburn pointed out yesterday - due to Canada listing we are required to produce a CPR annually, next one due in March so the current theory is Ruder Scott is working on the recent data and might release it early so the business to can access funding/JV talks.

Even without the discovery we know there is a huge amount of oil there waiting to be drilled. We picked up atomic for next to nothing and now oil price makes extraction externally profitable. I don’t think the slow sensible approach to drilling is what we want, we need a huge injection of capital or JV for an accelerated field development to capture high oil prices.

There’s a real risk that we get taken out on the cheap. Regular news flow required to move the share price along,

Suggest a good chance of a blue finish and news next week. GL|A

Th difference now is the record number of shares traded in the last month

Thanks Tiburn, didn’t realise CPR was an annual Canadian listing requirement. Certainly they are now working on it then using the data as you say and we can expect it in March if not before. We have some serious news flow pegged in with Cuda, Q4 financials in Feb and CPR. The question is are any of the local Majors also looking at our data fir potential farm in or takeover? Massive RNS could drop anytime in addition to above.

I think the team are very busy at the moment - Cuda process, discussing the exploitation of the new discovery with regulators, and considering financing or approaches to finance/farm in on upcoming drills, not to mention permitting and Shannon management. Hoping for a Monday RNS with something juicy.

Last chance under 30p??? Maybe..

‘Wait till the American wake up’

To be fair it does rise 4% every day when the Americans wake up, shake it didn’t have the legs today, looked like it was going blue at one point. Feel like we are due a blue day, even a little one.

Got to be the last day we have to suffer this slide. Buying interest is strong, afternoon surge push past 33p this time? It’s just incredible - where we are vs where we should be.update tomorrow or Monday?

Seems to be pricing for going out of business! This is very strange, confidence lost???

Not great, not terrible

Goint to put this on here now because im sure not many will see it but... The company has make contact with several 'potentially' interested parties.... I could email an investment proposal to a load of fund managers and say the same thing....actually a lot of 'potential' things added to this... options, appraisal drilling, billions of development... its all pie in the sky and I dont see anything has changed? As HFB points out, it all depends on someone else biulding some route to production, doesnt really matter how many drills we do, which we cant afford anyway. What happens if the drill or drop decision is 'drop'? Expect a new cheap asset will pop up somewhere with the same 'potential'. I see this as a very very very high risk very high reward play, a long way from the certainties spouted on here.

The most important figures in the Q4 update will be the current production which should be increasing fairly quickly since the temporary pressure fix. The pipe would be better but will have to wait.

Apologies, I just bought a little more.

Ok it’s 2:30pm, buyers do your thing as usual - take us past 33p at the least.