Member Info for Bubblepoint

""I think I can recall Malcy getting Angus right once. That was after the Captain America fiasco. He called Angus uninvestible, didn’t he? Other than that he’s been consistently wrong.""

100% correct offy, well recalled, and apologies to Malcy for missing that ONE correct note out of the 100's full of tosh. lol

Yeah, I get it Fartomany,

It is the same as when you are looking around a second hand car, the owner tells you HOW reliable, HOW good it is, NEVER let him down. bargain motor mate !!

Yeah yeah,, then you do a few checks and find the UNSPOKEN carp about it, along with the dashboard lighting up like an Xmas tree with fault lights 10 mins after you are handed the keys !!!

JUST like that, and your so called info, along with malcy being just like this outfit, a second hand car dealer selling his dodgy wares to anyone who is naive & blinkered enough to take it all in ... pmslllllllllll

Are you invested in this company?, and when?,

Mr multi ID, it is theeeeeeeeeee dvumbest question asked on these faceless forums, anyone can say whatever they want, it has no value or meaning, and most often whatever anyone posts with such info is almost certainly false.

So for me, I invested multiple times (and sold multiple times, and currently own 1 billion shares !!!!!!!!! duhhhhhhhhhhhhhhhh

Ermmm Duhhhhhhhh I work in the Oil & Gas industry for over 30 years, of course I support IK O&G, what I don't support are badly run outfits that undermine folk that took their hard earned dosh to invest in them, and undermine the value to ensure THEY have enough to continue but NEVER leave anything on the table for retail.

Your blinkered view of your so called "bashes" is that you deem them as greenies, O&G protestors, but none of us are, we simply look at WHAT this lot are doing behind the scenes, in both poor management, poor transparency, bad deals to debt soak the asset/s & continue to dilute the sheite out of it.

Add to that, if you are blinkering yourself "filtering" then you will never know our answers lololol...

Mullins,

It equates to you sticking your fingers in your ears, covering your eyes and making silly noises so you block out REALITY.. hey hooo some folk will never learn.

Ps, filtering ONLY hides REALITY from YOUR screen !!! the rest of the world still see them !!

Fartomany,

What you clearly do not understand is how to deal with real world reality.

I have been in and out of Angus since the very very early days, made some, lost some, I didn't bother trading it for many years as it was all but a shambles, THEN they came up with the SLBY plan, and in fairness it had good potential to turn the company around, ANDDDDD it would have done, but unfortunately Lucan and those around him used it to fill their boots, along with disastrous management play. and it has not improved that much to date.

They are still trying to find ways to keep SLBY totally undermined, meaning take everything out of it through matey deals to load it with debt, ensuring that all it is capable of is hopefully covering debt and nowt else.

Nothing left for retail, and clearly they could not care less about them.

YOU however, don't live in the real world, you don't know when to simply step away, regardless of win/lose or draw, and it is people EXACTLY like you that such outfits as this THRIVE on.

It is also the reason I only put a fun/tiny punt on this for the booster install, which I have now written off, simply because I now completely deem this outfit dead in the SELF INDUCED liquids.

THEY will survive, but they leave shedloads of otm types scratching their heads as to why their porta loo folios are all but emptied.

All I can say is thank ferk I did take a fat profit at 1.7p, and a tiny write down now, the name of the game is understanding what such outfits are not telling you, as that is where the truth is, most of anything they tell you is often fluffed up, blowing smoke up yer arris type stuff to keep you hooked.

I doubt you will ever learn, I give you about 0.42% chance of that !!

Ps, I give malcy's blog carp a rating of less than one, about 0.42 !!!!!!!! hmmmm

Malcy knows naff all, all he does is rehash what is already out there to fluff his blog carp up, and sometimes to get his snout in the corporate hors d'oeuvres trough and swill some free prosecco.

Other than that, I cannot EVER recall anything he said being of any value at all, bit like otm really.

Ocelot,

They are now producing less condensate, along with less gas, simply because they have far too much liquids banking, which results in less gas, less gas flowing means less of the banked condensate being lifted with that gas to surface, results in a simple production death spiral.

They can evaluate it all they want, but until they do something about the banked and increasing liquids downhole, then it will only result in decline of "production"

For me, it is fairly clear, the booster had "a chance" of enabling some reasonable degree of increased gas flow which would simply provide a short term "honeymoon period", simply because it allowed flow from the wells at a lower surface/wellhead pressure.

The reality is that it looks highly likely it has barely done anything of worth, and as stated in the past, the problem with the booster allowing flow at lower surface pressures simply induces MORE condensate that has even less chance of slugging/misting to surface.

So the longer they flow at lower surface pressure, the MORE condensate builds up in the wellbore and near wellbore reservoir (banked liquids), and that slowly results in a hold up effect on the gas trying to get out, meaning it slowly strangles/caps the gas from escaping into the production string to surface.

The daily figures clearly show they MUST look to install velocity strings in these wells, to both recover the banked liquids and get more gas to flow, add to that, the booster may well prove more effective with velocity strings installed.

As always, it is not a problem of a shortage of gas in the reservoir, it is simply an increasing abundance of BANKED liquids holding the gas back from freedom to surface.

I hear from "my" sources, that the pending RNS will be released if LSE agree to defer payment.

""…..tomorrow""

Must have slept in !!! or you MEAN "tomorrow !!!

""…that they haven’t issues the quarterly production and operations update.""

No sheite sherlock, good news is shouted from the roof tops, anything else is subdued, delayed, and often lumped in to a very long waffling info release, to dilute the ermmm not so good news.

Abuse ?? not at all, I speak as I see it, and it is just an honest appraisal. If you see it somehow differently then so be it.

"Finer details to follow"

Ermmm you would "normally" use those words IF you had ALREADY given some coarse details, so far you have told everyone to "watch out 0.42" which is just about as much use as me putting my lotto numbers up here, and remember this post, 16, 23, 25, 32, 47, 56.

If your gonna post such microscopic guesswork, then at least support it with something meaningful, otherwise it is just throw a dart drivel. Problem is you won't because you know nothing and adding to it will just make you look more stupid than you already look. hey hoooooo

SLBY is not stranded, it "was" but now it is connected directly to grid, so pretty irrelevant in this case.

Wg

I didn't write the estimated revenues figures in the quarterly rns,s, but I think we all mostly agree it's ferked

Hits,

Just using last 4-5 Quarterly estimated stated, which is not 6m, probably around 5.3m, regardless it has proven insufficient as a going concern

Well they been generating £6m a quarter and have little to show for it, with the grace period and the Compressor supposedly covered by the wonga loan monies, so nowt changes, it's still resulting in pot empty

Fartomany,

The only ones sitting on cash piles are those who managed to keep their snoutz in the Angus swill trough, retail are the ones filling the trough.

Even trafigura are not going to be losers, they get slby for storage whenever they want