Member Info for Bridgedogg1

Yep traders are out, first gas was pretty much pegged on for today. Seems to be moving back up now. Waiting for the big buys to appear as this gets picked up by the wider market.

Now we've got to look forward to:
- flow rates
- side track
- Brockham

In the near future

Good timing! ALso worth noting that the wording of the flow announcement implied that the average flow rate was taken over a number of days so we can be comfortable that when A4 comes online we will be smashing it

Looks like a break out is coming.

Angus classic leaving it to the last minute. We need gas flowing today, hedge kicks in tomorrow! Gas has flowed through the whole system, just seems to be a number of technical electrical faults to iron out. The big risk was the gas flow which all seems fine, looking forward to the updated flow for both wells and first nominations. GLA, nearly there.

Hopefully yes. We could do with some cash while waiting for gas to flow!

Hopefully yes. We could do with some cash while waiting for gas to flow!

So the decline of copl is due to either the eco warriors, a prolonged short attack or some kind of mm conspiracy? It can’t be do with the low production, huge debt and above all the millions upon millions of shares that have been issued?

Go through the last 12 months RNS, count how many new share have been issued, then look at the share turnover. You will find it’s just supply and demand moving this down.

People selling must not have read the latest update!

This is due to bounce off the upward trend channel at around 3pm. High end 3.4p this week.

I'm in now, don't think this will drop down to the 3.5p level again, too close to spud and potential news on another drill. Buying pressure has been building for a while and due another leg up past the 4p barrier IMO.

Cant quite work out what is going on with the Cairn (Capricorn) farm out with the Tullow merger?

Actually made me LOL

Chart is suggesting 3.5p by Wednesday. Huge flow RNS could blow that out of the water

Do we have a likely drill window for Selene?

Does bid have any tech / plans to expand to a similar streaming add tech. That would be a game changer!!!

There is potential here and the additional coins is welcome news though perhaps 12-18 months behind where it should have been. It’s just those CLNs that put a stink on everything. £1.8m still to churn and with the current price and volumes that’s a whole lot of extra shares.

Actually, having read the business indser article… George seemed to think that when gas was at 400p and we had 51% we would be getting £7m revenue a month. So with 100% at 600p….???

20p+ is crazy talk. Maybe in 3 years once the hedge and finance is done with if gas prices are still greater than 300 and we are producing more oil elsewhere. Most don’t have that sort of time horizon in mind. News flow should be very good and if people can hold for the next 6-12 months close to double digits may be achieved if all the ducks line up.

No published notes takes into account the increased number of shares, rise in gas prices, additional 51%.. still unknowns around flow rate, side track, second side track… got to do your own calcs, consider the risks.

Got most of mine in here and good to hold 50% until 2.6p, just so I can spread the risk. Intend to hold the rest until full value realised here, however long that takes. Plenty of assets on the board.

Isn’t a second side track pencilled in for next year? Then we will really be …. Cooking with gas ….

Brel, I'm certainly not invested here. Maybe that makes me less inclined to see the positives? Maybe it makes me more unbias than those invested? Ironside(?) used to be the voice of reason here (when he wasnt trading long) but he got spiked in like the rest and is now looking at a 40% loss. His posts are now as rampy as everyone elses.

Yes potential is all well and good. But the potential has been talked up here for years and years and nothing has every materialised. The idea that its different this time...Yes people buy potential but there's a large difference with a junior explorer raising cash to drill based off some 3d and a company with huge debts, CLNs, market awash with shares, lifestyle CEO, looking to raise more debt. That's why I think any material change in price will have to wait for a material change in production. Remember all the ramping these people who are calling me names did in advance of the RS report? Down 50% shortly after announced! Listen to them at your peril . They are all spiked in and desperate.