Member Info for Bubblepoint

Adrian,

I said "it WAS" now I wouldn't touch it with your lol

Not even a wild punt, I would need a truck for £100 worth of confetti shares !!! lol

Adrian,

UKOG was one of my BEST money makers thanks, and it doesn't matter how much of a dog a stock is, there are ALWAYS times you can make money on them, you just need to be a bit sharper, well A LOT sharper !!!!! lol

You do make me chuckle, you almost want the world to fall apart in the hope that it will make Angus gas more valuable so you can get out lol.....

Wakey wakey Singhie,

That was all over the news days ago, not exactly something new !!

As for gas usage, it simply means nothing has changed, carry on as normal !!!

Nosignofthem,

What are you going on about, in 2017 there were about 1/20th of the shares in issue, it is simply impossible to EVER see 10p again unless SS consolidates a phenomenal amount of stock, like 100/1 and then give some potential good news on top.

26m !!!

wake me up when you see 50 & 100m trades going through, anything less is just back of the sofa stuff with 21 billion confetti shares in issue.

Goldbar,

It is odds on that no service provider will be willing to run 7" guns in this well, at that shallow a depth, with inadequate hydrostatic pressure for the guns to be properly effective and that the well has insufficient volume due to shallowness/volume for dissipation.

Add to that, it is unlikely to produce anything of worth even if they did, and what happens if they do run the 7" guns at some point and nothing is produced, lack of penetration ??? lack of anything movable to flow in ?? lack of permeability ?? the list goes on, but again it borders on pointless and a waste of resources.

If they truly believed there is something of worth (which I do not) then they would almost be better abandoning this well and simply using that little rig to drill a fresh well to this ultra shallow depth and test it without casing in the target interval, just run a 100m surface casing for integrity purposes and leave the rest open hole to test.

It would be quicker and FAR more conclusive than this stupid idea for 7" guns.

Bouncy, if that is true then the stat's make no sense if it is "just" some fast buck traders selling.

As per my earlier post :

Well there has ONLY been about 24m shares traded since the beginning of the month total, less than 2.5% of the total in issue, yet they have dropped the price around 23%, from 15.5p down to 12p, so on that, the logic of this level of drop makes little sense.

You would maybe expect that level of drop off with volumes over that time maybe totalling 10 X what we have had, meaning 200m + or 20% of the total in issue.

Singhie,

It is OK while the reservoir pressure is sufficient to lift the liquids to surface, but it is an ever declining pressure as long as it is producing from the reservoir, and that in turn increases the condensates/liquids to surface and that results in increased decline of gas to surface.

I will keep it simple for you. LIQUIDS are the enemy of gas fields and their gas production. yes the condensates have value, but it is the condensates/liquids that will ultimately and eventually be the factor in when the field gas production is non commercial.

Well there has ONLY been about 24m shares traded since the beginning of the month total, less than 2.5% of the total in issue, yet they have dropped the price around 23%, from 15.5p down to 12p, so on that, the logic of this level of drop makes little sense.

You would maybe expect that level of drop off with volumes over that time maybe totalling 10 X what we have had, meaning 200m + or 20% of the total in issue.

I vote Adrian for new CEO, can't do any worse !!!

How much condensate is being currently produced from Saltfleetby!!!!

Singhie,

You may think the condensate from SLBY is something to boast about, but the reality is that the condensate is produced purely as a result of declining reservoir pressure at to below dew point, meaning the more they produce the closer to end of commercial production it gets.

You the ask WHY ?? no it has NOTHING to do with Brexit, what happens is the more you breach the dew point pressure, the more condensate is generated near and in the wellbore, bit like a bottle of soda/coke, you don't shake it before opening it and you just get a light fizz and no froth, or you shake it first and then open it and the agitated gas in the liquid increases, you crack it open and you got a fountain of liquids and gas escaping.

The problem with a gas field is that the well flows extremely easy when it is JUST gas, the weight/density of a few 1000 ft of gas (column to surface) that the reservoir pressure is trying to push out to surface is minimal.

When you start to hit the dew point, you are introducing liquids (condensate & a little water) into that column from reservoir to surface, the more below dew point you go, the more liquids % increases in that column, and that significantly increases the column density, eventually to a point where the liquids in the column weight more than the pressure left in the reservoir trying to push it to surface, at this point, with the well open fully at surface, you will have zero flow & zero pressure.

So if you want decent gas production numbers every day for you daily production post, then I would not be hoping for condensates, better if they were producing none.

Can you name any of DL's companies he set up that are a great success for share holders and still trading???

Steve,

None of what he does needs to be successful, just milk it and then subtly move on to the next, leaving anyone daft enough to believe the bile he puts out, as longer term holders, wondering why the sky has fallen in on them.

Places like Canada are full of these types, it is almost like some "club" of director types, with useless assets scattered around, one "sells" it on to the next with promises of great plans, raises, blurb and then the impending doom, on to the next.

I think SS took some valuable lessons during the earlier times he crossed paths in the Weald with DL.

Singhie, What the ferk are you even waffling on about, it is total carp of the highest degree, pointless rubbish.

Singhie,

You can "model" all you want, but it is fraught with potential flaws, Angus only has to throw something small at it and it is useless. Bit like doing a thorough and detailed inventory on a store room, then Angus sneaking in and removing a few items without logging it, now your inventory is ferked.

I don't make my money from modeling, I simply don't have the figure, but I do make money from trading the realities realtime, I am not interested in what "might" be next year etc etc, that kind of approach on AIM is highly prone to failure, simply because the goal posts are usually moved way too much, add in dilution, bad management decisions, poor debt and a lack of info on what and where funds simply go,,,, NOPE I will stick to my way thanks, it's already banked.

Interesting Singhie.

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John cook,

Just imagine, you would get 30,000,000 of them for £10K today, who would have believed that just a few years back lol !!!

Adrian/Deburgh,

You have actually broken a record, cats supposedly have 9 lives, well LSE have given you probably double that.

Be proud of your achievement.

Is the one against your account here, not long before the inevitable !!!!

As for Loxley, well they failed t pretty much anything they put their hands too to date, so not sure why this would be any different, with or without the decision.

Singhie,

Is that it ??????? that the best you can do ???? dearie meeeeeeeeeeeeeeee.

As for Angus and their ability to inform on debt consolidation, what has been done with all the £49 million they had their hands on to date since starting SLBY, and the mentality of Singhie, BV etc, as below was written specially for youz...

As per the lyrics of Guns n Roses, Civil war !!!

What we've got here is failure to communicate

Some men, you just can't reach

So you get what we had here last week

Which is the way he wants it

Well, he gets it

And I don't like it any more than you men