Member Info for Brombarb

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16:48 I seem to recall that Josh did very well purchasing options that had been dropped very cheaply after Icewine#2 , one of the HC contributors I would always take notice of.
Sure that is the same Josh. JOSH42

12:44 Although I am certain that if DW states in an ANN/RNS that FO negotiation is near complete that is will be factually correct there is always some risk so it's just a peace of mind thing, same thing with permit to drill confirmation etc.
It's just nice to know.
Taking nothing for granted :-))

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will add to wiki88 "The Markets" page.

just perhaps
"The farm-out process at Project Peregrine has progressed to the final phase and is subject only to
finalisation of standard documentation as the preferred bidder has now been selected. Strong interest
was shown in the opportunity and the bids received were competitive. Execution of the final documents
is expected in the next few weeks, at which point more detail on the transaction will be made public.
Planning and permitting remains on schedule for a late February 2021 spud of the first well at Project
Peregrine."
https://clients3.weblink.com.au/pdf/88E/02306069.pdf
As ever industry acceptance more important than what we think here. :-)

just a question, no challenge to anyone!

Proactive Seminar on 10th December as CR completed what will DW have to tell us then and will there be announcements prior to enable him to offer something we do not know today?

11:07 I do not dispute yesterdays trades on AIM looked low particularly when compared to recent volumes, my point was that we are also listed on ASX & Chi-X and volumes there are solid , so I just thought a big call on one mornings trades.
Just for interest AIM was only 37% of trades during November and that is AIM gross (so both buy & sell reporting) so we do need to bear in mind what is happening down under. :-)
I am hopeful that recent cash raise has given us possibility to pay ( or at least deposit) on necessary services, if you remember with PMO there was an "exclusivity fee" paid pre final signing to facilitate payment of initial cost associated with the drilling, perhaps that may happen again.

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that 159M average was for month of November!

12:22 that's a big claim based on a mornings trading on AIM, remember we also trade on ASX and Chi-X (plus Frankfurt),
across all three main markets of 159M shares each day , which compares very well against almost all months this year apart from April when we saw a big sell off following Charlie-1 P & A.
Permits for Peregrine wells in progress and things like spill permits now actioned so still time to achieve what we need to, recent CR has put cash in bank if necessary pending FO confirmation.
No operational actions ( apart from trail marking in any case until late Dec/ early Jan at earliest).
Yes nothing guaranteed but very few things in life are it seems.
Hope your recovery from C-19 has been full , look after yourself :-))

10:35 agree the only thing that matters is the opinion of industry, looking forward to seeing details of FO confirmation and permit approvals etc.
everyone has a agenda :-)

19:16 MikeMike good to see you keeping a watch over things, been a while :-)

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20:12 and of course vice versa in event Talitha fails, nothing ever certain in O & G exploration.

07:04 You are correct the Charlie -1 /Heavenly-1 area represents a fraction of out total Icewine acreage and there is much scope for differing reservoir qualities and indeed one assumes that the positivity of the last independent resources report is indicative of increased porosity and/or reservoir size but of course it's "effective "porosity that then becomes important:-).
Before Charlie-1 we were told porosities based on seismic analysis (and data from historic drills?) that differed after the event hence my reticence.
For me the acid test and only thing that will be if we can negotiate another FO, after all PMO looked at the data and thought it was worth a shot, we have more data now courtesy of PMO's $millions so is our story better than before and can we convince another industry partner onto the project?
Just my opinion.

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11:00 As our independent & hopefully conservative resource analysis has viewed Lima as potentially one large interconnected stratigraphic accumulation I am unsure whether there is any reason or validity in breaking down the targets, all that actuality matters at this point is whether the new analysis is sufficient to entice interest from potential FO partners IMO.
As for Peregrine and SP progression at the moment we have no FO confirmation and permits although applications made are still awaited so it is all hypothetical , but this AIM and logic does not always apply, only have to look at our former partner on the Western Blocks and the progress their SP has made with no projects seemingly and their history.
Get a trading pack on board and it will just be about taking the right decisions.

19:46 would not worry too much, under promise - over deliver hopefully. :-)