Member Info for chrisev1

Scot,
Thank you for the information. Please can you let Rabito know as he was the one asking the original question and not me.

Hi Rabito,
I don't know. You can ask them directly and let me know.

RNS out. Pretty much expected.
But ready this one and comments made on some previous ones , looks like they will are strongly looking into other ventures.

18:04
This is the thing, I don’t need to do the work as I can’t be bothered. You are the one who wants me to. So you do the work and report back to me.

18:56
He won’t ask them.

Scot,
This is for you. I am not relying on you for this info. In fact I am not relying on you for anything. Have you asked the BOD the questions you should have asked them yet? No you haven’t. So I wait for you to ask them before I do.

15:40
It would be nice to see what the money was spent on. Might be a genuine reason.

Question:
Instead of offering a bookbuild to institutional investors, can they not offer a placing to the general public at a discount of 18% in this case. So at least everyone has the chance of the discount instead of just some. I'm sure some long time holders would appreciate that.

New RNS out.

16:01
I also think they are going alone. With a FO they will be giving away too much in this case.

Scot wouldn't like that as he would want 90% of the infrastructure.

Unless I missed something, I can’t see anything about a possible farm out. Are they not doing one now?

19:39
Scot, I don’t care if the payment for 3D is $2m a month, $2m a quarter, $2m every 6 months, $2m per annum. It is what it is but we need 3D in order to drill in exactly the correct location. PANR has proved that. So let’s pay whatever it is and get on and drill, you need to move on and stop going on about the same point.

Scot
Are you talking about current 3D or the one in 2016?

18:48
The BOD has already stated 3D cost $3m. I have no reason to doubt them. And with the greatest of respect, I believe them than you who have provided no evidence of why it would cost more. So, if PANR paid $80m it begs the question why so much? May I suggest you ask your BOD why?

Thanks for the information Olderwiser.

Hi Scot,
For once I appreciate your reply. Straight to the point. I didn't realize that GB was PANR (I should have). Of course I would like to find out if there are different pricing rates as I don't know about pricing for 3D or if we are just buying 3D for the area around Icewine-3, but I can see what you are saying about the pricing.

Scot,
As a comparison, how much did PANR pay for 3D?

Does anyone know why we haven't used 3D seismic data before as this is much better than 2D.

That's not a big buy.