Member Info for Bubblepoint

""The comment speaks of raising new capital. The ongoing workovers provide a positive backdrop for such a raise.""

Translates to :

We will fire up the confetti factory production line at full throttle, to both ensure those little piggies taking part in any placing or providing new funds are well catered for from the larger swill trough & this will ensure any upside production is completely undermined so retail can carry on wondering WHY ??

ANYWAY !!!! while all the angus Lammadramma's are ermmmm resolved and they hopefully settle their default and other debts, the bonus iSSSS the shareprice is rock solid stable... ;-)

and you can all eat your turkeys knowing it will be the same on Jan 2nd, simply because I am certain they will not sign off any new deal with anguish until the results of the ermmm "clean up" are delivered. meaning Trafi want to see any positive change first, then they can simply set the default repayment plan up so it soaks every dreg they can produce... just sayin !!

Trying to stabilise ?? this has been going on for over 2 years, and all that they have done is consolidate, then default, and all of that still means they are effectively penniless other than the breadcrumbs Trafi are allowing to keep the lights on.

Pretty much every penny ever raised, borrowed & taken in revenue has ended up in the swill trough with retail excluded, and that shows no sign of ever ending.

By the way, UNLESS they do a permanent install of velocity string/s and not just a clean up using coil as a "temporary" solution, then it WILL 100% result in a short term production surge, followed by an increasingly aggressive induction of liquids that will again start choking production.

My suspicion is that they are doing this as much to "trial" the potential, meaning if it does prove to lift adequate liquids from the wellbore & near wellbore reservoir, then they will likely look for a more permanent installation, though it almost certainly will result in lower "daily" gas production, but with a much longer life span.

The 2nd page of the ASX RNS clearly states it is for the release of the DFS, there is no indication of anything we don't already know.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03040302-6A1304675&v=undefined

As said so many times, they have no choice but to perform cool ops, the wells are running head first into a liquids stall unless they make a concerted effort to lift it from the wellbore and near wellbore reservoir, and trafigura know that unless this is done then they will be screwed too.

Ps all past references and the above are courtesy of ChatGPT

Or are you looking at some way to throw a negative spin on it LOL

Lol, Skelly the scaremongerer at it again.

You do NOT know the facts, other than what we all know, it is a payment for FEE's, and probably something written in for this specifically.

It is tiny and meaningless, not some elephant in the room as you try to promote !!!

Wow, so the vision of the future of this outfit becomes more desperate in that we look to rely on tax losses as part saviour !!

Lol JUST lol,

I do not attack, simply provide industry FACTS, and then kerlowns like yourself cannot simply accept that, you only want blue sky carp lol

Jamescon boy, You are also NOT the forum police, I will take a break when I CHOOSE, you never know, ONE day you might actually contribute something of value !! though I doubt it will help the value of your stock lol...

""Bubblepoint = mirasol""

AND petie's sidekick lol... same applies, adds zero just looks to guess and provoke lol....

I think this woken sleeper is just a sheite stirrer, nothing more, nothing less, adds nothing of value to his posts, only goes on the attack and ONLY looking for reaction.....

""Can I join your gang now? I spent 30 years as the CEO of BP so I should fit right in. ""

You would be lucky to make Janitor at BP with your attitude !!

I actually think there is more to ASK about YOU and your postings, far more than myself OLD CHUM !!!!

""I think you will find that there is an update on successful debt restructuring coming this week.""

Really ?? did the "chair" whisper to you AGAIN ??? wasn't so reliable last time !!!

And it depends on what YOU call successful !! meaning ANY deal regardless of how bad the terms, could be deemed as ermmm successful, and does not mean there is anything of worth for retail from that... AND the longer this is dragging its anal glands around on the floor, the more unlikely it is that a deal can be achieved, the DEFAULT debt mountain is getting to dizzy heights now, and the price of gas is pish for this time of the year...

Ohhh OK, Sorry, I forgot to JUSTIFY myself to you !!

I have tracked/followed/ dug deep into ALL Weald oilers over the last dozen years or so, I did a HUGE amount of digging to give myself the maximum understanding of the basin in general and then opted to punt the weald players "as I saw fit", I ALSO shared much of my understanding using all my industry experience, with the relative forums, which was ALWAYS well received when it was juicy stuff, BUT anything to the negative, anything that indicated they should forget the 100p party was near always like walking into Armageddon !!

AND for YOUR info, I still have a tiny amount of this dire stock, which is unfortunately locked in until or IF they ever get out of suspension and sort out the burgeoning DEFAULTS.

Anything else I can help you with to soften your unfounded and forum police attitude ???

Ps,, I WILL be posting here for a LONGGGGGGGGGGG time to come, so get used to it !!!

""In all honesty I could not care less about a random deramper on the forums""

Investverysmart,

(odd name for an investment in this outfit) but anyway, what you need to distinguish the difference between, is a deramper and factual, industry wise info, if that is what you classify a deramper in your head then so be it, but as ALWAYS, it ain't the good news that hurts your wealth, it is all the stuff they "DON'T tell you, the grey/read between the lines stuff. anyway good luck with your ermmm smart investment..

Pererashbeck,

Read your own posts for gods sake and GROW UP !!!!