The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
How much skin have you got in here dougal?
https://www.tonal.com
Word on the street. GLA
Governing bodies in the UK don't mean anything to oil company's! There's more loopholes than a ***** all the environmental agencies will be focusing on is visual! There a total waste of space, everything they prech is out of a book from university, so real life exsperance or skills what so ever! Pen pushers.
So if that's the case why not go stright for the kim? Why even test the Portland.. the Portland is the base, if you get the base correct then you can build the house. They need the Portland it's the backbone of the opparation.
There focusing on the Portland, why waste time when they can get the site operational with the Portland! They have used the perf to get a bigger flow rate from the Portland. There is no way there going to test the kim with this well. Portland up and running! Then kim tested with a second well in the future and on and on. It makes no sense to move on when this could pay the bills and get the site up and running. And that's hopefully what is going on. IMO
There is one thing that is for sure, the AIM game will be played! Are you all ready for a bad RNS? Maybe not the next, but With a 150day flow and volume test, there will be one that drops that isn't on point. Everything will not go perfectly and I'm sure they will let you all know pretty sharpish, games games games. The Portland will be left as back up! I can't see them doing anymore tests on that yet! They will have the portland postive results so far over your heads till the end you see, very clever stuff. It would make more sense to test the other layers and if they fail to produce from day one, Then there is 80 days left to octopus the Portland and get the SP back up@ get the production licence sorted and save the investor's pockets. IMO
The main play at the moment will be Angs getting a rejection notice on weds, which we all now would be a negative impact here as well. In most cases these are passed in the appeal stage, so not looking good for weds hense the drop. IMO
Ctag is still a on going investment, believe it or not i was actually offered a good price last week for my shares which I declined. As for this share! It's more about top slicing and putting in your free shares for the long term, next spike will be around the 2.6/2.9 when the Portland results are out. Then a steady drop ready for the pump and dump on the kim, which mine will be free shares by then! 3.4/3.8 max.. then a big ass drop waiting for the production licence unless it's fast tracked and commercial of course. my average is 1.09 IMO.