Member Info for cashforquestions

Knowing our luck, the share price will go down on any RNS released for the spud.

Been waiting years for a decent return on my investment here, so see how it goes. Plenty to ponder on how to play it.

Thanks!

Quotes that stuck me were;

"Partner Europa Oil & Gas has suggested that if the net oil column at the appraisal well location underpins a possible average 40ft thickness across the reservoir, this would support the P50 case of 197 mmbbls STOIIP (68
mmbbls recoverable using a 35% recovery factor)." - maybe head on chopping block, if this isn't the case.

"With respect to Serenity, we attribute a further 17.5p/shr of risked value after applying a commercial
chance of success of 25% (including a geological risking of around 50%)." - so 50/50 on oil, but 25% on any discovery being commericial.

Ta Draft

Pleased for Angus holders....but what about us suffering EOG holders :-(

Meant to say, he says "transformatonal" or similar to them terms for EOG, but in reality has been for Egdon and UJO only...so far.

"The relative move of UJO's SP in comparison with EOG, should be studied. Seems strange???"

As SO always says, the Wressle income has become "transformational" for Egdon and UJO. Pity about us.

Agree!

Our partners seem to be raking in from Wressle, so what is our cash position, I think most of us would like to know.

The million could/should have been took from the Wressle income.

Just adds to my view that the managment are totally imcompetent. Why was SO whoring himself around for interviews couple of weeks ago, was it a case of driving up the share price for a certain company to offload!

How the hell can the markets have confidence in this company, spending money as soon as its in their bank account, accuring debt they don't need to and being at the whim of a bigger partner.

These reduce holdings on the 5th, then suddenly 4 days later (on a great day to release a bad RNS) this RNS gets released.

Has a certain company had a heads up!!! What a coincidence.

" It is totally bizarre and not the RNS I was expecting this morning. A bit like our ceo not knowing the SP at the recent London presentation "

Remember that, seems that SO dosen't give a S**t about shareholders though, it all about the salaries.

Way things are heading, I don't think releasing even a postive RNS is a good thing in the next day or two.

No point getting excited about this (fracking side), the co-ordinated action against such things, by green activists, pro nimby councillors, via countless decisions, rejections, would take years.

Look at Wressle and that farce of Holmwood, and the recent council elections had more greens and nimby loyalists elected, on top of local resistance.

"i bet that guy wont believe me if i told him that lizz truss was in my sitting room last week (she was). but u wont belive me so doesnt matter"

If I had the future PM in my house, am sure I would know what her name is...Liz not Lizz

It is the EOG way, any positive news from partners, or some media by the company and the share price goes down.

LTHers were warning newbies, who jumped onboard with Serenity, what the company was like, and that is why many were hopping about the placement shares.

The reality is, that the countless dilutions over the years have caught up with EOG, thus resulting in a negative share price, when the norm would be the opposite.

Am not even convinced this is going to move just prior/after spud, as in the past few years, oil/gas shares (especially UK) have had muted responses to this. They use to go ballastic in the fracking hype years.

You would think with what they have got, you could be bullish, any other management and you would, but it seems the market just dosen't trust them.

Always thought the t**t who more or less hounded him off, should have been booted off.

Disagree by all means, but that poster was acting a A Hole all the time.

Now lets see if a RNS suddenly appears in the next few trading days...is so I think we can presume insider trading of some sort.

Why else lump that much on a stock which has done nothing but have court cases left right and centre.

Wonder if it is the Judge himself LOL

Justice is coming

https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-224mr-former-continental-coal-and-citation-resources-director-peter-landau-pleads-guilty-to-nine-charges/

ex Range Resources CEO

0.75 is the target for the majority of each month....not a good start...way off price wise.

Board must be narked, that the RNS releases just in the past week, have failed to deliver that price or above.
Think some sort of contract (money coming in) will push it that hard, then some token;

"Joint Development Agreement in Animal Heath & Wellbeing"
"Joint Development Agreement in Plants"
"Joint Development Agreement in Medical"
etc

Reminds me of the countless "heads up agreement" by companies, which don't reveal names and you can only rely on, that the company is telling the truth.

We need contracts with names of the partners to get this motoring.

Looks like finally, the majority has gone, nice steady rise now.

Nice to see we are above 3 and looking good

Only great for us shareholders though, if the price of this stock goes up?

Happy for company, upping their coffers, but what about us poor folk. :-)

"@NFF
Haha. It’s like déjà-vu so I’ll ask you again how will NNN make money out of Volz?"

(points finger) Ha! Ha!

35k sell has appeared. That churn is taking a long time to get through.