Member Info for Castaway

I agree with you on flow rate I think the 155 bopd which is always quoted in the RNS's as conservative Tony Mason said between 200-400 bopd were achieved in early testing

Very lucky to buy at these prices - if only I could see the future We could still do well though Hufc - just need that oil!

no I was only joking

I think people are waiting to see what news we get evertone who wanted to sell low has done - a few maybe getting back in

They can't compete with you mate!

Things could be worse for long term holders have been in here over a year and my average is around 7p - long wat to go yet!

unfortunately not

I hope so - still a way to go - we need the well in production

No point in selling now - news early next week if its good 5p+ There are still many unknowns however so DYOR!

I hope so maybe he can fly over with Robin and sort the well

Lets stick to them and not hearsay - the company model can still work here but we need financing and we need some answers from AM

I have done the - well operator is Dominion Production Company LLC http://www.dominionproduction.com/operations.html - there American and if Zoomer called them this morning they must get to work very early as its 7:30 am now in Tampa

Whats the link between Dominion Petrol and SLME?

Lets face it if we had a wipround on this board we could raise that!

The 16-4-13 RNS states we SLME are in default for presumably not paying funds to Dominion for running the well. What I can't understand is why this was allowed to happen! and so near to production. The other worry is that it is being blamed on non payment of £80,000 (not a huge amount of money) I think there is more to this (I have not read ADVFN). The upside is that we can't be far off production and there are investors with big holdings in here (20% to one) so surely finance can be got together to continue - better than losing the well - its a right c**ck up but I'm still in - not worth selling at 2p! GLA - never known so much bad luck! PS does anybody know who the investor who holds the 20% of shs held by Redmayne Nominees Limited

Yes I think you are correct, but lets hope there are some positives in the update - if nothing was going on in the background I think we would have had March's production figures by now

lets hope its good news

Yes I agree - just a guess but I think AM may be working on something re further development of field and we will here soon - something has to be done as even if this s/p doubles on news it will still be eblow lots of investors averages inc. the directors.

Not the CEO's fault the wells are run by Dominion LLP they drill and are responsible for production. You may say the company model is at fault as the co. has no control over production - but if you invest here thats part of the risk.

If you base it on what you can sell for now (about 4.8p) its less! Still its just a matter of time we know the gas/condensate is there its just getting it flowing at full rate. Then s/p should be what 8X revenue? (20p) - anyway certainly more than current. GLA we need some luck!