Member Info for Carling

Full of great information not previously come across! 1. We have a 440 Bopd refinery on Arcticneft as well as the main one 2. Storage capacity 550k barrels on the island 3. Loads of plant and work over equipment 4. Four separate massive resources This is worth �3 minimum short term imo GLA in for a massive re rate this year.

Something does not add up ? Last 2 tankers shifted 430k barrels and 9 months since last one at 992 per day should mean they have at least 260k in storage but they are saying 318k this year ? Help .. where is my 100k barrels bent russians

Notes from last accounts 2017 - Positive overall cash flows are dependent on future oil prices (a price of $45 per barrel has been used for 2017 and for 2018) NOW VERY STRONG CASH FLOW ! Adler Impex SA 44.59% bought in 2014 for around 12p of Fire Group if I recall therefore �2.40 in todays money 20:1 so they have had the patience to wait for a substantial premium. Free share float is 46% approx only 5.8m shares to go after but majority of these will be held by non sellers like me. 1st Tanker Q2 240k barrels x $75 = $18m revenue 2nd Tanker Q4 same South Dagi Drill results expected Q2 CPR Over Due Just waiting to pop like JKX which were 10p in January 18 Can't wait for the fireworks !! GLA

Wouldn't bet against this reaching �2 in Q1, MM's can try and walk it down on a quite spell but demand always wins out. News should be with us soon.

Oh yes and I turned down the �2.40 so this has a long way to go before I sell

I have been here for the last 10 years so seen it all but never seen double digit chat in a day, been hard to get the value opportunity across when you compare to UKOG etc but hopefully on the radar now and we can move towards a fair value GLA ps I hold more shares than any trade today full stop.

Found out it costs around $10,000 per barrel to finance a refinery therefore ours at 4200 bopd is worth $42 million

Fire East offer 12.25p in Oct 13 or �2.45 in todays money which was rejected by the board as grossly undervaluing the company, we have had a transformational performance since then so the SP is due a massive re rate IMO

If I remember they bought there 44% Stake in this around the 12p mark old money before the 1:20 consolidation which is �2.40 today so can't see them selling for less than �3 IMO GLA

This is not even back to the consolidation price around �1.30 ! Still a long way to go to reach anything like true Value GLA

This will be a massive boost to our margin

Got mine too very nice indeed

Interserve plc 143.2% Potential Upside Indicated by Liberum Capital

Dividend Yield nearly 10% at these prices, think there could be a rush to buy before the record date.

Not until 26th May to vote on the resolution for share consolidation

Market makers are shaking out the stop losses and not selling in readiness for a big rise IMO

Very quite on here considering we are taking off big style !!

Pause for breath then back up, Board of the hook so this can keep rising now, shares in very short supply

Not many of these shares are available as 44% are held by one shareholder who paid 12p and another 10% held by Petraco and management.

This is worth 10p any Day !!