Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
In about 3 wks time we will get them improved ( fingers crossed ) production figures...
Operations/sidetrack due to commence tomorrow...14 day program...thereafter PRODUCTION starts..
300Bopd - 900Bopd = 300K - 1.5M euros per month...
Key is get this SCHB2 Sidetrack flowing with improved flow rates ( 300bopd )...then add EP which could take us to around 900Bopd...
Once we get going with SCHB2...it wont be long for us to start working towards SCHB3 / SCHB4...remember aim is to get to around 4000Bopd from Erfelden alone in next couple or so yrs...
HAPPY DAYS!!!
CrustyPete ...spreadex clients came through the back door ( placing, mates rate )....glad to see them on last legs ..they are under 3% now...from around 6%+..
MadEnglish ...on 26th of april....spreadex had 2.98% left ( under 3% )...now they will be gone with out any further TR1's unless they ADD and cross above 3% which i doubt...
In this game...COPPER can turn into GOLD overnight....just look across at he1....20 BAGS....in space of few days..we did 3 BAGS few mths ago....from 0.07 to 0.28...could hve gone onto do another few BAGS had we hit 900bopd....still time for that....our 7MILLION brs aint going anywhere...
Today DAY 10 will be completed....so tomorrow is 1st possible day for RNS....
lets hope its all positive....DAY 14 = SUNDAY...at latest we get RNS early nxt wk....not long to go now...
GLA genuine holders
Would have liked anpther BLUE DAY after 50% rise yesterday...but to be honest can't really complain of -2% after yesterdays rise....almost touched 300million on volumes front...consolidated nicely...today...tomorrow we will be in DAY10 ...they said 10-14 DAYS...rns could land anytime now ... traders will trade good luck to them...for investors its too risky playing the swings imo..just incase +ve rns POPS . 40bopd to 900bopd....not long way to go APRIL is around the corner.
HAPPY DAYS!!!
If you want to BUY ...pay FULL ASK....
If you want ti sell....mm's letting you sell bucket loads at PREMIUM....
Just need good FLOW RATES now....then ... πππππ.....we could see NEW RECORD on volumes front
No-one can take that 7million brl of oil from us at schb...
what many are forgetting on aug 17th..many were saying schb2 was a failure and we were doomed....then came the discovery rns on 18th....2BILLION was traded..in anticipation of 900bopd flow rates.....we almost did 100% in nxt few days....
900bopd is still possible ( april )...
Many had written he1 off at 0.19.....then it went ballistic....did 20 bags.....
In aim anything is possible....here atleast we have that 7million brls..we just have to do bit of tuning to get it to MAX FLOW RATES...
The sand jetting operation is expected to take 10 - 14 days
Today we are in DAY 9 ...rns of new HIGHER flow rates expected from tomorrow onwards...
Gives us a nice platform to rise to around 0.15-0.20 ahead of news...thats if it comes early next wk...DAY 14 = Sunday
Just a reminder when we went from 0.08 to 0.27 last time we did not do it overnight...it was done over several days/wks...
HE1 did not do 20 BAGS from 0.19 to almost 4p overnight too several days...
We will not go from 40bopd to 900bopd ( x20 ) overnight will take few wks...
Looks like the TYDE has tuened here...good luck all genuine holders..
HAPPY DAYS!!!
Its been very tough hold ... saw this go from 0.08 to 0.27 .... in next to no time...didnt sell because i believed in the company and assets it had...we got down to where we are due to mismanagement of company..loads of pi's lost confidence and left...
Fast-tack 4 or so mths looks like we are on the amends..and bod has learnt from their mistakes....hopefully fingers crossed...this 900bopd from schb2 is not far now ( april ).....first thing is first....lets get on other side of 100bopd in next few day...perhaps lot closer to 250bopd.....
M/c even now after todays rise..is silly...especially as having something like 7MILLION brls of sweet black oil...there is lot more to go imo....recent highs of 0.27 should be smashed in nxt few wks/mths....
Can't wait for 900bopd in april...and really looking fwd to 2nd drill at schb2...
HAPPY 50% BLUE DAYS!!!!
In about or so wks we should have improved Flow rates..hoping for 200-300bopd..
In April if everything goes to plan...we could be back on track and producing 900bopd..
Where we have waited 4mths+ another 8 wks wont break us..
Key..we are fully funded..
GLA
Fingers crossed..all goes well with work being carried at schb2...and flow rates are improved..Schb2 has taken its time and money..better late than never.
Rns could drop Monday morning at earliest if not then sometime during next week..just hope this finally gets sorted and we move on with other drills..starting with schb3 ( possibly in q2/q3 )
If we can somehow get to 500 bopd at schb2 that will be something like $14m+ in revenues per annum for us thats more than our m/c right now...if anywhere near 900bopd we are looking at $26m...that just from schb2....others wells will follow on this field...
This company can indeed be transformational multinagger in the making from these levels..thats IF the Bod gets its acts together and sort schb2 flow rates out.
Hope to see +ve rns early next week ( we need it )
GLA
It was around these levels i started to accumalate when i first got in...averaged all the way up..upto to around 0.23..we almost hit 0.30 before the drop..in my view Bod played their part in loss of confidence....placing was done at 0.15p.
Nxt 5-10 days will determine where this company is heading..i am in the camp due to all this time they have had to sort this mess out ( flow rates ) of those who think the outcome will be +ve...anything this at or above 100bopd will do for now..then within weeks 250bopd...thereafter 900bopd+ within couple of mths os so.....i am sure somekind of plans are already in place for schb3 .( looking fwd to that ).
I anticipate we will pick up on volumes front as we approach rns..we could easily be around 0.12 be4 rns and the well past 0.15 on +ve rns..real monies will be made on achieving 900bopd at schb2 which i feel we will in times ahead...and then on drilling schb3..
Aim is risky always play it safe...
ATB
Passiton.....too many playing the swings for 5%/10% on aim....when u have anyone showing their hand above 3%...too me thats a MAJOR buyer hence it has to be reported....UJO might not be a MAJOR in way of financial muscel.....but they have parted with something like Β£650k...that indeed to me shows CONFIDENCE by a tiddler
There we have it...two tr1's dropped.....more to follow imo...i will be surprised if we dont have other MAJORS being added to share register....
Its early days but it looks like.....UJO wont be selling anytime soon ( gone in sticky hands )...if anything ujo have indicated they will be ADDING.."initial"