Member Info for cbaron

Mmmm...........If you want 20:20, dare I say you go next door?
Still it would be nice to see a Lara-esque or IVA innings just to move things along.

Bat held high, applause and a standing ovation all around the ground. 102 not out overnight, nothing daft in the morning and the Brian Lara record of 501 not out must be an eventual target with many, many short to medium term targets along the way. I'd settle for a double hundred in the next few weeks.

........... perhaps ought to be re-named damp squib?

06.54
Completely agree. Fascinating to theorise who the man is behind the moniker. Clearly a man with a wealth of experience and access to his own teams of experts.

https://valuesits.substack.com/p/into-the-land-of-the-giants?utm_source=substack&utm_medium=email&utm_content=share&token=eyJ1c2VyX2lkIjo4NzQxNzM0NiwiXyI6IkpFQ0FnIiwiaWF0IjoxNjUxNjc0MDU5LCJleHAiOjE2NTE2Nzc2NTksImlzcyI6InB1Yi0zNTQyMTIiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.IUbVc-67b_fn5CGMcJEcAnobSCGncS_ONWeExkvajQw&s=r

£5.98/share FWIW?

It seems to me that people are trying to wind back the clock to examine factors which might have affected the process and outcomes, for no good reason (other than Machiavellian ones), when we already have a perfectly satisfactory outcome in oil flow figures.

20.37 & 20.41
For me Alkaid is the perfect testing ground both practically and in terms of cash flow and, ultimately, the door to value. It needs to go right though!!! Fewer time pressures and climatic considerations through the summer ought to make life easier (save for the midges) and the ability to test frack the zones intended to be targetted further west, on a larger scale, ought to aid R&D.

13.39
Telesail,
Many thanks for sharing the article.
It is interesting and vitally important that classification will rely not only on the physical existence and ability to physically extract, but also on the viability of extraction and proof of the ability to fund such extraction.
It makes sense for the regulatory authorities to require this ahead of the issue of Licences, but it places considerable onus for the explorer/oil company in order for them to be granted the 'ticket'.

09.16
Again, thanks for the technical viewpoint.
It'll be interesting to see if 88e take the advice and time out to do more technical due diligence. You can imagine the reaction of investors to a delay to prove up the data?

theiceberg,
Many thanks for your explanation of the BFF structure - very helpful and makes sense, even to an 'A' Level geographer and geologist of over 45 years ago! ;-)
I had it in mind that 88e were also hopeful of the upper structures through the SMD and SFS, as highlighted in the RNS of 7 April.
The issue here is that certain people expect others to accept their repetitive view as of rote without allowing others to question their view, whilst at the same time expecting others to provide high standards of objectivity, proof and calculation in support of their views.

07.47
Oh,......and petty name calling! His programmed default when questioned...........

Ford,
I am. This has arisen from a thread on the other channel with his long held contention about the relative proportion of the wider joint field owned by the two companies. He has a long held contention that it is 90:10 in favour of PANR without any form of objective calculation. We know how Scot enjoys putting others to the sword to prove their points by detailed analysis and so I'm just doing a Scot here. Not much forthcoming, I'm afraid, other than bluff, bluster and obfuscation.

22.48
Hilarious and..........rattled!
Fundamentals.............how much oil in your redefined 100% and how much oil, by value, in PANR and/or 88E acreages. There you go, I'll let you choose which one to calculate.
Nearest $1m will do ;-)

21.46
Still not heard from Scot the geologist. Still no calculations. You can abuse all you like Scot but I'm afraid that the bobbing and weaving doesn't hack it. Constant redefinition when put in a corner does not answer the fundamental points. You might be experienced in certain aspects of this business (or so you tell us) but you all too often overstep the mark with an inflated view of your own credibility.
Calculations would be appreciated. I don't want to hear it from a webinar. You've put the views out there. Be kind enough to fully explain them. As I said and, as a Scot you'll understand this better than most, that jaiket of yours is hanging on a shoogly nail. By the way, every time you're questioned you appear to use the phrase, "I have no idea what you're going on about", or something analogous.
Come now Scot, your posts don't represent dissection, merely obfuscation. I'm delighted with the rise in SP.
Thank you.
.....and by the way, yesterdays gold bar didn't hack it, today's puddle certainly doesn't. How much oil is in the puddle?

16.30
Still not heard from Scot the geologist? A feeble attempt to pacify, though yet to be confirmed by those truly in the know. Passable reference to Telemachus (he taught me all I know).
C'mon Scot, questions asked here and in the other place.
I fear your jaiket is hanging on a shoogly nail!?

Neil,
That's an admirable effort at a comparison and is thought-provoking.
The elephant in the room, as you point out, is the rate of flow. Hopefully, we may know more about that after the webinar assuming the information gleaned this season can be accurately converted. It does sound as though the information from Pikka is exceptional in regard to flow rates.
Realpannikin in response to your calculations is also highly relevant - it doesn't take much of a cashflow timing differential to have a dramatic impact on NPV - this is where PANR appear to benefit. In terms of location, capital costs in the form of infrastructure are key considerations affecting the cost and timing of delivery - back to NPV.
Clearly, there is a major oil price differential currently compared to 2017 which works in our favour, though for how long who knows? When might the bubble burst? Though a lot needs to happen in the world before matters get back to normal/equilibrium.
Immediate and guaranteed supply is an issue in North America and Europe should the current global macro environment continue to prevail. How big a factor will this be in the overall market attractiveness of the PANR resources. I would wager it will be extremely significant. For me everything other than potential flow rates appears in PANR's favour, currently.
Back to the $64m question - how do they relate?
As many questions as answers, but thanks again for your efforts.

13.09
"that of the combined Alkaid + Talitha + Icewine East + Theta West asset"
Well, at least the asset is growing and therefore so must the net value of each company's share. Have you extrapolated beyond Theta West to the lease boundaries? What about below the current drill limits vertically?
We really do need that geologists expert view IMHO.
Still no calculation?

Therein lies a quite controversial opinion and in one's first post?! Nothing at all in it remotely relevant to 88e. So your view is that you can write whatever you like irrespective of relevance as long as the 40 word maxima is not exceeded - how odd!
Not being a fan of Twitter and Twitter types, I do not share your viewpoint as I feel it is better to explain one's opinion rather than have the reader guess what hasn't been said in the inevitable gaps. This only leads to yet further questions and interminable debate.
Sorry, a lot more than 40!!!!
You'll get used to it soon enough.

09.45
..........and so the OIP issue raised again this morning by GS is irrelevant!?
Not sure what you parameters for investment are, but I'd say the amount of oil 88e has within its leases might just be a determining factor for its value and SP.

19.27
"And there you have the definitive information from the man himself, rather funny I've known this fact for years."
On this subject I DO agree with Scot. Whilst ever he (Brom, Mr Prolific) ostensibly promoted LTH's you are now happy to admit that you sat and watched as he may have pillaged his fellow investors. Clearly, you're too stupid to realise what you've just said or you were also happily complicit in the pillage.