Member Info for Carpking

Crane left AngusToday 12:19
I can’t confirm sidetrack is complete, but can confirm the crane has now left as I followed it towards Louth. Make of this information as you will.

I read it on a chat room so it must be true! Pmsl.

It’ll be a long time before it’s making money. Another off take will swallow any gains. The only hope of a decent uplift is if II’s are brave enough to take a long term punt on coal, some long term PI’s buy in, and we push to a decent P/e based on predictions.

I was going to C & P that exact paragraph. 4 weeks to payday then.

We should all be able to make our own minds up. Anything written here is just the poster’s opinion. I only have one on filter now, Brad something it is, absolute melt. I read all the posts for reference but not for decision making. TBH, I’m not bothered who pumps or dumps as long as I get out in the black.

I’d have thought any news would have to be via rns? A hole complete tweet will affect the SP? Late one, then a mad surge into cop, or Monday morning lift off for me. Anything negative this afternoon or weekend and we’ll all be goosed for Monday open.

Plus the small matter of owning 100% of the company.

Except for the fact that we are now producing gas?

Holding for gold or bust now. Well underwater like many, but will hunt out the rabbit’s foot, horseshoe and clover etc. unfortunately the tweet will be an opportunity for the seller to flood the market as they have been for the last few weeks.

If the unit was 75% complete after 3 days on site we should be up and running today. Expecting a Tweet?

Got to say Singhie, whilst your post starts with “ it isn’t a complex scenario,” I’ve never seen such obfuscation in any calculations!
I’m not going to counter any of your post with an alternative as it’s out of my scope, but I’m taking a stab that you are or were, an accountant or auditor pmsl.
Keep up the posts though the bits I do understand are interesting.

No news as yet Phil, but we’re all working in worst case scenario now. Anything else is a bonus!:-)))

Push, excuse my ignorance and apologies if already answered. How is it more difficult to drill with a smaller bit?

Trust. That’s why. We’re already 18 months late. If they’re tweeting it’s 75% complete I read it as we’ve worked out how to put it together and are counting the screws and washers!

Time for him to step up and stop the rot! Plenty of 7 figure sells today, maybe someone is derailing warrants? Stranger things have happened. If you’re not in a rush for your stake, or feel it could be better used elsewhere, it may be time to jump. I’m holding for news.
We’re producing enough to meet debt, so if that’s put to one side, the other side of the business (sidetrack) can be viewed separately. Worst case scenario is we abandon the current drill, hold a placing, and start again using any knowledge gained from the disasters. The sidetrack if successful should then pay down the placing and make money in twelve months. It’s just turning into the long game.

Reading through a few posts yesterday, it would seem most stages, the success of the ST is a coin toss. I did plenty of online research and most articles suggest it is a last resort should the primary hole fail. Someone still offloading at these levels, let’s hope it’s not someone in the know!

Any guesses, should we actually get an rns stating we’re up and running? I can see the sell on news brigade bailing at anything near 7p. I’m on the fence atm, still dubious based on historical reports and delays.

??? This share is buzzing! There were three posts yesterday lol. I thought it may be less today.

Is there a way to find out how many are outstanding? Or do they just choose to announce when they’ve been converted? I do tend to get a tad confused, but I have it in my head it was about 300m, does that sound right?

Yeah, but we’ve all got the tee shirts. I’m going for
Day 1. , “ the side track is progressing well, and should be at full capacity in the next X weeks.”
Day 2, “the company has done a placing at 1.1p to fund the search for none existing…blah blah.
Day 3, “the sidetrack has collapsed again, we’re using the money for holidays, Rolex’s and Mercs.”
Pmsl.

As I stated, I’m trapped in. I’m just hoping and praying that some more suckers will come along on the sniff of a pump and lift the sp so I can exit.