Member Info for Bubblepoint

""Great post NEO I see us opening well above 0.5p""

You mean AFTER consolidation lol,,, or a UKOG type erm placing (ask Oceabout that) lol

To see the final outcome !!!!! gonna be VERY interesting INDEED lololol...

Lol whatever Muggin's,, thought you filtered PMSL ps, you are a vile human being

Nowt new, nothing unexpected, still insufficient revenue, it is a "partial production recovery" not NEW production, as it fell off a cliff last year.

Financing?? No nowt as yet, and would not be surprised to see it continue in suspension throughout this year.

Notice they don't hint what in the bank lololol, or some reassuring statement to that effect lol

You have a degree for that level of intellect lol

Crazy ehhh, like no one knows what is going on, or sees the news..

Thank the gods for our resident copy/paste specialist

Because A-wipes like you cannot control your vile gobs

Sagaman, I sold at 1.7p AS stated at the time, I took a beer money punt prior to suspension so hold a handful of this useless confetti, just a fun punt.

I don't do long term LONG TERM with ANY minnow, as they are primarily news driven and there are a lot of bullets to dodge on their journey, & AS I HAVE STATED many times, I have made good money from Weald oilers, and I spent A LOT of time in the early years studying the area and geology etc, so it is and always WILL be interesting to me.

As for your "always negative slant" No not at all, I praised them to high heaven when they started this journey into SLBY, it held all the hallmarks of a small company maker, THAT WAS until they deliberately undermined everything about it, with the final straw being the most basic and cheap option of the sidetrack drill, that ended up costing more than a North Sea drill, took 3 X longer and ONLY achieved a poxy 200m, which is less than 1.3rd of the planned length of the horizontal, with too many bad or deliberate management decisions, dire debt solutions, insane royalty deal, the constant empty pot syndrome and dilution that was in competition with their neighbour Sanderson at UKOG. At which point, enough was enough, 1.7p dumped................................. but I still take little punts on many stocks intraday or pending some news of potential interest.

ADD to that, this is not a faceless forum for ONLY INVESTED/Mugged, anyone can post strangely enough !!! no shares, 1 share or a billion confetti, it doesn't matter, just to be clear...

They can lock in and do whatever entoman, the FACT is that they HAD £37.1 MILLION in revenue over 24 months, and were almost skint at suspension, with the 12 month grace period and NO debt or royalties paid from that PLUS all the Capex work was done using loan funds, so AS SAID, they are making more on the hedges BUT it will all likely iron out at Opex Plus new debt repayment = a scratch left over to keep ticking over and nowt else, BUT as said, they will almost certainly bulk out the eventual RNS with some rainbow guff to lay off a notable placing too... as they know it will be the ONLY way to fund anything outside the SLBY running and debt repayments.

Going to be REALLY interesting when they do eventually find someone to steer the ship and get the deal over the line...

Entoman, ermmm I am NOT blind, I have already stated that they had to take advantage, even if some are only short term runners, the sinkhole is enormous, and it is going to take every ounce they got to maintain that,

As said, even with this, they WILL almost certainly be just a "keeping the lights on" outfit... and not much else..... though I expect a few paragraphs of rainbow chasing stuff so they can lump in a massive placing too lol.................

TUMBLING AS WE SPEAK... normality slowly returning, this shower going to have to actually try and keep the liquids at bay some what !!

""But your criticisms of Angus are when it did have a captain at the helm, so where is the logic in your exclamation (x3)?""

ARE YOU being serious lol !!!!!!! they weren't captains, they were more like Pirates !!!!!

It's OK, the little Insta mob are up to their usual carp,,, nowt new there, BUT as said, IT WILL NOT CHANGE THE EVENTUAL OUTCOME,, gezzz it doesn't even have a captain at the helm !!!

It's OK, the little Insta mob are up to their usual carp,,, nowt new there, BUT as said, IT WILL NOT CHANGE THE EVENTUAL OUTCOME,, gezzz it doesn't even have a captain at the helm !!!

Here's my analysis for you Saga'man, Muggin's Drinnkytoomuch etc, just reposting it as a reminder """

Nothing changes in reality, my projection remains exactly the same.

1) They will scrape through a weak deal with Trafigura, likely over a longer period, to counter the potential penalties for default, and to lower the sinkhole of debt quarterly repayment plan.

2) Production will drop off AGAIN as induced liquids build more quickly due to lowering flowing pressures.

3) They will almost certainly incorporate some pipedream blurb to wash through a notable placing for you lot to hang your pot of gold at the end of the rainbow hats on.

4) Highly likely the volatility will drop prices like a stone the minute some kind of line is drawn in the sand with Iran/US etc.

5) The upside dreamers will continue to rally on about the 1p club for some time to come.

6) Opex will increase as they fight the liquids battle, and the cost of this tiny workover project they are currently on will oddly cost a huge chunk of any pot they were holding on to (a pot built on DEFAULTING)

7) Royalties owed will likely be handed down to shareholders as has ALWAYS been done in the past, just to dilute a little more.

8) followed by some sort of "consolidation" which is the ONLY way this will see 1p ever again.

""Push, I get investing .com pro. ""

""Let’s face it as Push you were wrong,""

Says EVERYTHING about your abilities ! lol

AND wrong about WHAT exactly ?? I called it right on song !!! AND SOLD at 1.7p PMSLLLLLLLLLLLL yeah wrong lolololol

Or, far more probably, the return from suspension will take place soon.

Yeah, what's heading towards a year between friends lololol,,.. I would also suspect not having a captain at the wheel is also stopping this from final reveal, probably get the one who used to captain the Costa Concordia for a bargain price lolol... keep things going as before !!!

Gezzz they let Skelly out of primary school early ??

Skelly YOUR NOT IN !! you missed getting in while it was in single digits. you can slate it all you want to get a low entry price, but it isn't gonna happen, because THIS IS the low entry price...

SHHHHHHHHHHhhhhhhhhhhhhh Muggin's don't mention anything when it is heading south !! you know, LIKE I SAID lol,,, 110 and FALLING...

Muggin's, it doesn't really matter that much up or down at the moment, they are maxed out on Hedging and the wells are starting to show a little indication of induced liquids already starting to edge off the regained production levels.

The price for gas is ONLY going to sit here while they iron out a peace deal, the minute that happens YOU WILL see a reapt of last week and it wall all fall off this war rally cliff and head back to normality..