Member Info for Brombarb

sorry
Sydney 11hours ahead so 01:00hrs here in UK

Sydney 11hours ahead so Midnight here (UK).
https://www.timeanddate.com/worldclock/converter.html?iso=20210406T000000&p1=240&p2=305&p3=196

https://www2.asx.com.au/markets/market-resources/trading-hours-calendar/cash-market-trading-hours
Normal business hours for the ASX Market Announcements Office are 8:30am to 7:30pm (8:30pm during daylight saving) Sydney time, Monday to Friday on ASX Trading Days.
https://www2.asx.com.au/markets/trade-our-cash-market/announcements/important-information-about-market-announcements
I am sure I have seen pre lodged announcements appear even earlier than 08:30 hrs during the market pre opening phase.

Show Evaluation
https://wiki.aapg.org/Show_evaluation

This share has been turned on it's head, how any one can really predict what is going to happen in the OTC market on Monday or the listed exchanges on Tuesday and all subject to whether we get news or do not get news and if the former in which market it is sprung first (ASX imo).
I do not have a clue.
I suggest that the old read above, below and between the lines for some posters may be very gainfully employed just to work out first if what they are saying is factual, realistic or just plain wrong and then gauge possible agenda & motives.
Getting back to Easter Eggs :-)

11:16 everything dictated by Alaska drilling season and as we know the Biden factor, original plans for an earlier "take off" scuppered.

https://www.petroleumnews.com/pntruncate/658324643.shtml

https://www.petroleumnews.com/pntruncate/46570329.shtml

11:30 I am not saying there will not be an interim announcement, if it's
Highlights
flow test proceeding
:-)) :-))

11:17
Best to look at the actual ASX Rules for continuous disclosure(3.1)HC discoveries (5) / requirement for documents(15.7).
Plus the equivalent in London Stock Exchange (AIM).
Also trading halt procedures / allowances very different in the two exchanges.
Wire logging results alone will not make a commercial well so we have to allow time for a flow test and analysis of those results, to avoid a "false market" the company has leeway to time any announcement.
https://www2.asx.com.au/about/regulation/rules-guidance-notes-and-waivers/asx-listing-rules-guidance-notes-and-waivers
Anyway I am IN can't do anything until Tuesday at the earliest, have a good long weekend everyone - stay appy.

you need to understand how cos is calculated and how it is difficult unless we know all the factors of the equation to quantify / judge it. The basics are not hard to grasp but do some sums on a spreadsheet and you can see how 37% may not be so bad.
https://wiki.aapg.org/Risk:_expected_value_and_chance_of_success

18:46 thanks Garry M

looks very solid / strong volume
https://www.cnbc.com/quotes/EEENF?qsearchterm=

Do not think it for an "armchair" geologist and I wonder if an experienced reservoir engineer would baulk at giving a view as there seem to be a lot of factors that can influence.
https://wiki.aapg.org/Show_evaluation
We are going to find soon enough I guess.

16:58
"the Nanushuk is where it's at"
"
In fact, despite the very shallow nature of the Umiat field, with the deepest oil lying just 1,400 feet below the surface,
the pay sands are well consolidated, rather than consisting of well-bore-plugging, loose sand, said Allen Huckabay,
Renaissance executive vice president for exploration and development. Geologic studies have indicated that the sands were compacted when buried to depths of 6,000 to 7,000 feet, with subsequent uplift of the rock strata resulting in the current shallow depths, he said."
https://www.petroleumnews.com/pdfarch/496392442.pdf

I am thinking about ~60 miles , Merlin is 60.2 air miles to Nuiqsut which is near the coat

16:23 How do you know they hold the shares still , I am unsure how anyone at our level could check?

16:09 Do you infringe peoples personal liberties and refuse them the opportunity to invest?
I do not like the tactic of some trying to entice them in and the trying hard to entice them out (at a loss) but we are all supposedly adults ( I think).

16:07
He was the guy who said there was a pipeline already in place from Umiat, so just check and validate.
Have looked at some of his stuff and in majority reasonably realistic (but in a glass half full way), good way to so some research.
Show Evaluation
https://wiki.aapg.org/Show_evaluation

16:01
I would agree;

Operational Stages - lets hope 2 is good and we get to 3.

1)Logging while drilling and mudlogging will provide initial indications as to the prospectivity of the well
during this part of the operation, which is expected take three to five days.
2)A sophisticated wireline
logging suite will then be run, including sidewall cores and downhole sampling. Wireline logging is
expected to take five to seven days.
3)If the results from the wireline logging are encouraging, then the well will be completed with casing
and a flow test conducted.

http://clients3.weblink.com.au/pdf/88E/02355881.pdf

read rules relating to continuous disclosure and importantly the "get outs"
https://www2.asx.com.au/about/regulation/rules-guidance-notes-and-waivers/asx-listing-rules-guidance-notes-and-waivers