Member Info for cash2

Let’s see. I know back in April 2010 this was around 2 pounds and the market does seem to like this share. They let it go based on sentiment. THrenporblem here is it has hit dusters. So let’s wait and see. I still feel 2 pounds is a lot. I think 1 pound is more realistic. Not that I would not want two pounds. I just feel there is a need to be more realistic about what’s achievable

I would say t will have an effect on the price of oil. Most likely price will go up significantly. But i don’t see how the connection will matd until and unless this find/ oil. That’s the goal here and I was taking of the three first drills - heron gazelle and red deer. Red deer is the biggest and that why I thought it would take it to a pound if all is successful. Momentum will play a key role for a share which the market seems to like once there is good news flow

I think one pound seems more sensible for all three drills right ? A bit too much for two ? Happy to hear from u on that manro !

Yep but it did touch 2 pound in 2010 following specific drills I think in block V and XX

Why did a poster a while back say this share hit 2 pound on sentiment. I think matd did find oil didn’t it ? But then there was also water and less hydrocarbon presence than expected ??

Tip-top u said it yourself - a very bright future. No one doubts that. Just not a good present. That’s all. Maybe in about three to four months once the production starts and there is a genuine flow of good news

Listen to the presentation around 12 minute mark. Heron is 75 ; gazelle is similar or 50 I think. No mention on red deer but close to red deer areas with similar geogrpahaics have been explored

Yeah no worries blissful. I was not targeting you through my message. I was merely pointing out what was said in that presentation. So Let’s hope all goes well with the various preparatory aspects in June and then delivery in July and August

Ok so to set the record straight I have seen the presentation. From minute 12 to 14. Heron is cos 75 % above Gazelle estimated at 50% Nothing on red deer. Although red deer is not an exploration drill similar to last year’s since it shares similar characteristics to petrochina drilled to the north ? And some other drilled on the east ? So no cos for red deer but not wildcat or exploration. So I would say heron and gazelle are promising while we need to wait for red deer. However if that does strike oil, it will be significantly promising and transformational

Heron is 75 % , gazelle I think is a good chance. Red deer heard nothing at all. So it would be good if you could dig up the 50% cos. With time I’ve learnt how to see how it goes. Aaog had 25% on vanji but still found oil. You never know but I guess when nearby sources are producing it’s a good sign to say the least

Yes but red deers potential is based on nearby basins. It’s quite similar to sl and wh last year. There was potential but we don’t know. It does not matter what it is targeting. The cos do speak for themselves often and we don’t know for red deer.

Thanks

Heron and gazelle look fine. What about red deer? How much of an outlier is it? There is not a lot of into on red deer is there ?

I agree 10 p is a fair price. Does anyone know the cos for gazelle and what’s the deal with red deer? That’s new - not explored but 100 km from proven resource . Any cos on that? Heron is the only one for which we know cos is 75 %

No not trolling my own stock. It’s called speaking the truth. Yeah the oil is there but let’s be honest this share is not for now! Maybe a later point. You can call it whatever you want. It won’t affect my decision making. Best of luck in staying around

Hard to argue Sefton can be taken seriously

Surprised we have not plummeted. Hopefully rns is next week?

Where is this share going ? Dave and his words. At least we have the oil

200 is a lot. Most likely 100 % rise if the right news lands

Thanks bb. I was wondering what lies ahead since the rns do not offer a clue