Member Info for Bridgedogg1

Dropping like a stone now, going through 70p

Oh dear

I disagree. Serenity is a proven discovery, if we can develop it then we should asap. We can cut our share and keep 10%
It would seem we can get wressle up to 1500bopd without too much expenditure, that would be transformational in itself. Where are the buyers?

"Finalising the interpretation of the reprocessed 3D seismic data"

Where is the guy that was saying the seismic could be processed in a day 18 months ago?

The directors still have 1 billion option shares? That must have increased since 2021.
A Yeo still getting £216k per year including a company car?
A bargain I'm sure.

Keep giving them money, nothing delivered, ever.

Next 6 months:

Wressle - starting generating power from gas production
1. Generating electricity to use on site
2. Exporting gas power to local user
Using the gas allows us to produce more oil:

From 19 Jan 2022: · Higher rates than are currently possible could be realised if the facilities constraints on gas production can be alleviated
· ERCE estimates a rate of 1,216 barrels of oil per day ("bopd") would be possible based on the current reservoir pressure and a flowing tubing head pressure of 400 pounds per square inch gauge ("psig"), whilst maintaining a flowing bottom hole pressure above the oil saturation pressure
· ERCE estimates a rate of 1,543 bopd would be possible at 300 psig flowing tubing head pressure, whilst at the oil saturation pressure

Broughton North prosepct: Wressle look alike drilling and bringing into production (called this '*****tone' but I think this was a mistake)

Serenity - associated reserves with the initial discovery - talking to I3E how the existing commercial reserve will be developed - 4000bopd? Next 1000bopd net to EOG?

I guess the constructive dialogue with Lloyds didn’t turn out to be quite so constructive after all. Cash raising for working capital is a bad sign

July £8.8m
5 monthsx £250k = +£1.2m
UJO loan -£1m
Serenity -£4.8m
=£4.2m cash

This is about to pop. 50% up today imo.

Beggars belief that this isn't back to at-least 2p.

We spent out money on Serenity and now towards developing iniskea.

Wressle is a great little earner and can be upgraded over time but Inishkea and possibly Serenity makes this a stand out cash generating company. The potential is massive and in meantime we dont have to cash raise.

Twitter:

Oct 31
In case you missed it, we launched #Ether in the app last week.

Nov 2nd
We’re excited to be collaborating with
@MintologyStudio a new NFT-commerce platform that unlocks real brand benefits for your NFTs.

Nov 3rd:
Introducing #Solana!
From today, users can buy & sell Solana (SOL) directly & securely in the #Mode app. Head to the app to start stacking SOL!
Check in next week for the next token

Moving along nicely, delivering the new tokens.

3.93p conversion? Ands small amount.
It will be interesting to see if this is connected to the concert party.

https://www.coindesk.com/business/2022/11/03/bitcoin-mining-host-compute-north-paid-executives-3m-on-the-day-it-declared-bankruptcy/

As I mentioned yesterday, 3p is the technical floor and 4p the breakout area to 6p. Most likely will move between 3p and 4p without serious news. Mode seems to be working on something big, besides the new coins, and it needs to be good.

JL76: "I’ve never been in. Never will"
also
"I’ve never held MODE and won’t until the CLN has been cancelled or finished"

Very worried that the price will rise before then?

Is that rumours from yourself? Why do a placing now to pay off CLN that need to be repaid or converted by July?

Up 20% yesterday is why it is down 12% today. Nothing sinister, we just haven't had the results yet. Once we do I am confident this will go up and stay up.

JL76 - if the company is so bad why are you on here waiting to invest as you've said multiple times.

My family and friends probably haven't heard of any of the companies I've made profits on.

Funding is very difficult in the current market but we raised £1.9m funding from new and current investors remember? You talk about it on here all day everyday, probably to your uninterested neighbors too.

If the offer doesn't go through and Crystal start selling 29%....