Member Info for Brombarb

Jiddy bit ironic, cut and pastes from our friend :-)

moneyhawk a feasible view :-)

MILOH you are I am sure fully aware that my post of the 2nd of August was in response to our friend zoro's post.

"So you say only option take make money on the market to go long.
Fantastic.
Spreadex mate.
Magic."
As I am sure does LEFKOSIA, basher tactics.

posters still seem to miss that Chevron a huge US Company have drilled (via Union Co.) drills on our fairway and have cash in bank (failed take over Anadarko) and lots of shale experience, we could see them or a big independent in the running.

"soft farmout "* - tier1 willing to go conventional and unconventional not that thick on the ground?

However the potential may be such that it would be difficult to resist, have your own Prudhoe Bay close to TAPS and the Dalton.

* in 2014 oil companies talked of "soft farmouts" when buyers were in short supply.

Only thing I can offer was the statement that HRZ would be tested during the conventional exploration, pressure cores to be taken, makes a lot of sense if our FO partner is also interested in discovering the whole potential.
Pressure Cores
https://www.geotek.co.uk/services/pressure_core_analysis/
https://www.geoconvention.com/archives/2013/122_GC2013_Pressure_Coring.pdf
Yukon monetisation means only one thing to me, either a partial or total sell , but how would it be structured and we have Jade next door :-)
Western Blocks surrounded by big boys , some decent analysis and we may see success.

5M (0.08%) traded. best day in Chi-X since early July, understand 2M trade in ASX based on HC posting, still volumes insignificant :-( or actually :-) ?

0.018AUD = 0.00994304GBP

0.017AUD = 0.00939163GBP

ASX(close)
1.8¢ 5.88% up
Volume3.208M

Chi-X (close)
1.7¢ 0.00%
Volume1.785M

22:15 link added to wiki88 http://88ewiki.wikidot.com/the-markets
23: 16 LOL

Please be aware I have no dealings with spreadex , my only action was to research after Zeds post a couple of days ago.

21:08 just like the Performance Rights issue, admittedly quite a read but ultimately understandable, problem is that some for what ever reason ( agenda) will always chose to misrepresent and its obvious that many readers and posters are then put into a quandary as to who to believe.
Keep repeating the lies, innuendoes and half truths long enough and some mud will stick, its amazing how many posters can produce a seemingly positive post only to add in a caveat or two to ensure the result is probably more doubt in the minds of the unresearched.
Its all great stuff and very good for my ageing brain cells :-))

I squeezed a few extra in today, sold a few ex dividend FTSE100 shares to finance , hope a good decision :-)

Nothing wrong with some speculation but at the moment none of us as far as I am aware have any real idea as to the likely deal and even as to who the FP partner may be, as for SP look at what happened at UJO, RBD and BPC, if the deal looks reasonable and we also manage something with Yukon who knows what the result may be, sentiment, FOMO and zombie investing could all play a part.
August now, by the time a deal is announced and that bounce has been absorbed we may have Yukon monetisation news followed by the lead into a drilling programme, rig contracts, permits perhaps a 3D programme etc.
I rule nothing out but the impossible :-)

mind you we may have paid none refundable deposits as well :-(
We just do not know

Last official words on Yukon "Discussions underway with nearby resource owners to optimise the monetisation strategy of the acreage", not sure if that means we will be the operator or indeed involved in any drilling.

But WDIK

"Monetization
Monetization is the process of converting or establishing something into legal tender. While it usually refers to the coining of currency or the printing of banknotes by central banks, it may also take the form of a promissory currency."

16:31
"o US$500,000 payment (the “Exclusivity Fee”) by the preferred bidder to the JV Parties to facilitate incurring of initial agreed costs associated with the 2020 drilling program"
Not sure if you have to read between the lines, let alone above and below. :-)

The SP was not mentioned in the RNS ?

DW did not quite say that.
"A more detailed update on the conventional farm-out will be provided in early August. "
room for speculation as today's ANN was only about the exclusivity agreement.

Spiney people have to read it and as has been proved today not everyone is interested in even the most basic research.

tick tock :-))

In reality (or at least my view) nothing negative in the ANN apart from the lack of confirmation that a deal has been done and that we need to remain patient and perhaps a little on tenterhooks for a while longer.
Hopefully it does mean that Rig contract can be confirmed ready for 2020 season.
MMs dropped SP on very little volume this morning, knowing if nothing else they would scare a few and encourage a few, trading volume today is already up on recent average, perhaps they used last trade on ASX as an excuse :-)

See how many signs you have seen recently from a few.

https://messageboardfools.com/bashers.htm

well it takes all sorts, in the meanwhile the market makers make hay on very little volume, those tractors must be revving their nuts off!