listening to it again i just picked up on at 35.50 cully mentions a federal court ruling in Oklahoma, is indicating a tech like DTU may even become a standard requirement !! Interesting that ....... i missed it first time i listened
Its took abit of time for me to fully digest the news over the course of the last week, to decide if i genuinely liked the change in direction or not. Having done so, along with reading all the feedback from fellow investors, the more im beginning to like it. I have a lot of money invested here, so being given a safety net for my investment, with it being massively de-risked, i have to say is very comforting going forward from here. We are all abit bemused and frustrated at the current SP, especially when we successfully drilled our first 2 gushers....... i was expecting to be hovering around the low 30's from that point. Im now hoping they get moving on securing more land and quickly, to repeat what they have just agreed. I really like the low risk steady income approach now. We now know True arent going to mess around doing the drills, and have the resources to get the job done quickly. Lets try and keep them continuously busy with more lined up for when they finish the current 6, providing timescales and agreements can be made. On the back of this new approach though, regarding DTU, the successful testing, and being "at tipping point", the meetings with the fund managers and II's, more patent pending, i have total faith this is going to be a massive success. The company are very excited about this, and they are clearly very talented when it comes to operations, so a game changing tech isnt beyond them. I think the snowball effect potentially of the roll out, could be incredible, and is patented both in the U.S AND internationally. The first company to get involved and reports the increase in results, i think others are going to be like flies round shite. Again, a regular income for its use is my preferred route, by which point, we will have money rolling in from all angles !! And if thats not enough, we have another game changing asset. Increasing the acreage from 105k to 220k was a telling sign, and i believe that they will make a success of this aswell....... so be it, its a longer term project though, but we have plenty to be getting on with for now !!!! In the meantime, i hope to buy cheap shares off the wasps in the room !! Ps.......thanks again for all the feedback from recent events folks
It was around 15p for a while before it drifted because of no news Back to that please.......news due !!
Great stuff......over 8% now Happy days
Leak maybe ?!?! Nothing happened here for a while and now this I wonder GLA
Are on the sidelines watching this closely......it moves fast when it moves and I'm pondering a top up When we predicting some updates folks.....any idea !?!? Cheers
Wish you had mentioned it yesterday RB lol
just topped up at 13p ......... i will sit back and wait now with you guys lol
I would of bought u a birthday card but I don't even buy the Mrs one lol Happy birthday RB I'm sure you would settle for a lovely positive news drop instead !!
Will do in future !! Makes sense when you put it like that !! Cheers RB
Thank you RB...... I said on Friday I was gonna do my final top up, but didn't have chance 5his morning in the end cos of work. Looks like that might of worked out better for me now I can buy a bit lower !! Thanks again
Does anyone have any idea why the sudden pull back of nearly 10% today Is it due to the fact the news hasn't come yet and folks are selling !?!? I'm invested here, and I'm fairly new to dealing shares......appreciate any good info Gla
I think i will also be topping up on monday, as news must be very close to dropping now ........ hopefully next few days !!! GLA
Well I say keep up the good work S4K...... I believe many appreciate on here you sharing your knowledge and the research u do....... I certainly do mate !!!