Member Info for Brombarb

08:34

resolution 3 not carried that could impact future CR, board may just go ahead and ask for approval post the event which in current climate could be problematical if voted down.

https://clients3.weblink.com.au/pdf/88E/02932731.pdf page 10

21:07

That's the whole purpose of the consolidation!

20:52

We are on gravel so whether flow testing takes 2,3 or 4 months it probably makes very little difference, the company has explained the reason for the pause and the logic behind it which most posters seem to accept.

We can do no more than wait patiently.

We are gravel so whether flow testing takes 2,3 or 4 months it probably makes very little difference, the com

Pure altruism :-)

The company actually did warn us :-)

"Reliable estimates of in-place and recoverable contingent resources require successful flow tests to confirm fluid compositions and reservoir properties, including API oil gravity, gas-oil ratio and in situ saturations among others. Previous guidance still stands for the Upper Schrader Bluff and Prince Creek potential"

RNS 03/03/2025

Votes need to made asap per the UK Voting Instructions.

https://clients3.weblink.com.au/pdf/88E/02932731.pdf

13:39

Which side of mid price are your trades, if the negative side then that's the answer.

There is no one ticking a buy/sell box

Buy or Sell?

"The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’. "

15:12

Megrez-1 located ~25miles South of Deadhorse under the Dalton Highway.

Project Components

GPS Coordinates

Megrez-1 Well Site & Driveway U06N013E24

69.863274, -148.77791

Just for information I have checked as an expample Santos's permit for this winter and they have drilled off ice pads and roads so its not 100% gravel, but I do accept that the big boys up at Prudhoe in particular will have the whip hand when it comes to equipment availability.

Just be glad that we are on gravel, just need to be patient.

15:03

Good info.

09:55

Operations on ice pads/roads will be fast coming to an end as temperatures and hours of sunlight increase, by the end of April operators will be keen to get off tundra or risk being stranded so equipment should become more available.

BUT nothing can be guaranteed, we will have to wait for the RNS telling us equipment on site.

I think it was OK, the part of the presentation that dealt with why Topset-1 failed was very technical ( at least to me) but that is what it is and I can not blame Max & David for that, what was great to hear was why the data gained from Topset-1 has enabled recalibration of the other horizons to be tested and that has been positive.

Good to hear Max outline logging tools used and give a logical explanation why the deviated well meant an RFT tool was not used.

As for pumping equipment I think the original testing RNS did state that the lower zone timetable would be contingent on equipment availability but as I think DAVID said we are on a GRAVEL PAD so a lot less time critical and of course we do not want to pay a premium if we can avoid it.

As for presentation slickness, think the Q & A process means there will be a lot of jumping around, it just is what it is.

Will look a video once available.

09:42

Two hours onwards and SP no where near those Level 2 quotes, so as 09:44 states I also have to ask what is the relevance.

I am not rubbishing your post just asking what it all means :-)

Meeting at 5:00pm London time.

16:39

Thanks for confirmation, I await the companies response with interest.

14:18

I have only responded to the posts of two others, one response which was a bit of a rebuttal and the other a question, but is a serious issue that should not be swept under the carpet.

I suspected that more than a few investors may have asked this Q and if so I would not add to the pile.

Mid Price is the arbiter.

"The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’. "

On the topic of tomorrows meeting has anyone here asked questions about the disparity between what the VAS apparently indicated and what actually showed and what other tools were used whilst logging the bore.

13:35

Could be a question for the Investor Meet Company tomorrow.