Member Info for cbaron

10.36
Love the logic.

21.10
You should be so lucky. Self importance is unbecoming.

19.42
Scot,
You somehow need to have BR confirm your anecdote for this to be credible. Were I Louis10, I might suggest I've been talking to The Man in the Moon with an equal claim of credibility - perhaps he HAS! ;-)

debate..........should have said the forum is unworthy of the word.

I think we are plumbing new depths here not least in terms of what i can only perceive to be a managed undermining of the share price but also on this board.
Unsubstantiated accusations a plenty with two very vocal schools of thought.
One, a group of newby wannabees talking it down with feign knowledge and understanding small cap explorers, apparently devoid of a historical knowledge any understanding of geology but clearly with an agenda. Where did you come from and why now? As if we didn't know!
Two, the old stager(s), keen to justify every single point of disagreement and every point of geological fact with a view that we should be wallowing in 'fundamentals' financial heaven. Bring it on!
You may have gathered that I err in the direction of the latter rather than the former.
However, I'm getting equally ****ed off with both camps as this debate (the word may be unworthy of this forum) has degenerated into a complete shambles.

Let's see your calculation..............I won't hold my breath.

12.46
DYOR
But just to assist you - I'm not sure why, as you clearly are not competent to research it yourself - have a look at the Webinar Investor Presentation of January 2022. You might care to scroll through to approximately 1 hr 13 minutes.

Louis10,
You are clearly not invested and so perhaps you might explain to us all what you are doing here. If it's to save us all from ourselves, please don't bother as we're all grown ups, can read and can make decisions for ourselves. Perhaps others less able to make up their own minds, somewhere else in the world, might benefit from your guidance and wisdom?
Please take that as a polite invitation to vacate this space.

Yes, they did front up with the interview and they appear a little exasperated at the market and shareholders reactions, understandably, in my opinion. They are disappointed with their own results in the last few days/weeks and are formulating a plan moving forward and the SMD test now makes sense on a reduced-cost basis.
We would all have liked a different result but this shows that if you are here, or in any other exploration company for a quick 'get rich quick fix', you are more than likely in the wrong place. IMHO the negative reaction is more to do with the get rich quick mentality than simply being disappointed that the result didn't quite meet expectations. It is still 500 barrels per day of Alaska crude (note they say this is inclusive of the full spectrum of constituents - they don't differentiate as many of the uneducated here wish to do).
It's all about location geology and getting a full understanding of this to enable a refinement of the methodology(ies) for efficient extraction.
Two final points - firstly, there are plans afoot for the next stages in Alkaid 1 and/or 2 and, secondly, a reaffirmation that this well represents only 4% of the resource in PANRs acreage.

18.25
Let's be clear Doggy. The well flowed at commercial rates prior to the final clean out and re-insertion of the liner. The current phase of activity is to re-test it and this is ongoing. For clarity, we need to understand that the clean out has been successful and retest the flow. I would expect, as a lay person, that if it's flowed once, it will do so again and hopefully at a better rate but, I'll leave that to the experts without making rash assumptions ahead of a further announcement. To simply state that it has flowed once in a particular condition and therefore it must flow again similarly, if not better, is an assumption us lay people are not qualified to make. I include you in the 'lay' category until you can demonstrate you are a suitably qualified 'oil man' with experience in these conditions. Don't mean to insult you, just like to be clear. I wouldn't like a barely qualified wicker-bottomed chair repairer to tell me how to do my job and I'm sure you will feel likewise in whatever it is you do.

18.33
The rest of the points made in the post you responded to - my post of 17.13.

18.25
Aah! You're there. Please quote me and not a misquote posted by others.

Ha ha!
Not at all. The company make a similar comment, as they are compelled to do, at the end of each RNS. Nothing's done until it's done! And the companies you mate Jim promotes - where are they?
I see you've swerved the rest......

17.40
No offence meant simply trying to joke at your intensity here. Again, no offence meant.
In times like these, when everything has been read and everything has been said and we're all awaiting that killer piece of value-making information, it's best to relax. It will come when it comes. Everything crossed!
Best wishes.
cb

14.25
Using WiTech's words in a different order Bridgedoggy is 'prioritising hype over data'.
Can we find him a sedative injected bone to chew for a few weeks?
Woof!

RedbeardOil2,
I'm quoting facts which are merely stated on HL and here on LSE as being historic data. The LSE information was gleaned from the company's own communiques, its RNSs. What is the other side of the equation in value terms?

13.02
"Cbaron. 11.53 your so called facts are nonsense." .................What a ridiculous statement!
They are facts taken from this very website and the historic prices gleaned from Hargreaves Lansdown as their historic pricing graphs go back 10 years whilst here they only go back 5 years.
It was an interesting exercise and shows an effective dilution of circa 8.5x over the period.
I'm not s(r)outing about anything, though you seem keen to tell all of the history of "all the failed drills" and "sure 18 billion shares have been issued". All in your own words.

A few facts:
SP on 8 October 2015 - 0.61p
Shares in Issue on 8 October 2015 - 2.339 Billion
SP on 28 February 2023 - 0.70p
Shares in Issue on 28 February 2023 - 20.11 Billion

Scot,
Thanks for sharing.
The innovative nature of the well head/production facility design at Alkaid had been largely overlooked.

18.22
Such idle speculation breeds uncertainty - is that your aim?
What is likely to be higher when drilled deeper, the decline rate or the glow (presume you mean 'flow') rate.
Is your 'expectation' based on industry knowledge or is this just more gas?