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.
And that is the signal that Block 8 will get done and the C.E. rental goes thru.
It's how they do deals ...
Load em up!
Tab down a bit and read the next one ...
https://www.upstreamonline.com/field-development/totalenergies-plan-to-sell-kazakh-stake-blocked/2-1-1477274
Dunga going state owned via kazmunaigaz, bye bye ...
The Mm's know two things.
1.They have buy orders in at a fixed price, that if they can fill they can charge margin spread on.
2.There is an operational update coming very soon.
Lock and load if you believe they have the resource in the ground 2024 and 2025 are the years they show their hand, as soon as block 8 is in the fold they let this go Imo.
Been a low value penny share for years, perfect storm approaching.
Remember they turned down 18p ...
Nope, zero, Nada ... but hold em and add time + hopium.
Compare Nov 22 when the last decent flag pole started forming, flag stretched out to Jan 2023. ( bagged from 2.23p to 4.3p )
Then continued in a classic 5 stage leg up to 8.5p.
We are back at the 2.23 point but there is no risk of dividends to detract from the drill programme and they have loaded loads more news in, more drills, boat has a conformed contract, block 8, South Yelemes are producing more oil on horizontal drills etc etc.
Last time it went from 2.23p to 8.5p in 5 months and all you had to do was hold for nearly 300%... only reason it stopped going higher was their insistence on taking Divi money and putting it into the UAE coffers, thereby cutting off the drill and workover ratio.
With Block 8 coming onboard they won't do that again.
Not in Turkey it won't.
If you go to the Monthly and then Weekly chart on trading view or investing.com you will see a nice set up of flag pole and flag on the monthly and a close up of the flag on the weekly.
Very pointy flag, usually means that everyone thinks the news is soon and the technicals are pointing towards this ..
Then you've got Smarty buying back his trade pot ...
Compare that to say BMN and you can see one very pointy flag set up on casp and the other a completely beaten down p.o.s.
It wont be long!
Smarty,
It gets harder as Clive doesn't like to share what they are up to and tries to hide the info, bit of a strange mindset really as most other Co's want to engage with their investors, it's why attending the AGM is a pointless exercise..
I've got a good feeling for this year and next.
They've reached critical mass and once Block 8 is sorted the concert party have all of their toys in one room, time to party!
Telling us on 31st October 2023 "We are in early stage discussions with specialist international drilling companies to have them bring Well 802 into production on a success basis in return for a revenue split on that well."
They have had nearly five months to conclude those negotiations and the weather is now well above freezing.
The workers can work in the cold but they wear very thick insulated suits which slows everything down, unsticking lengths of pipe can be dangerous and they don't want to snap it off or blow it out, if its snapped they will need a rig to drill depending on the depth, if it had blown out we would have heard as would be an ecological disaster and reported so would assume they've worked slowly and methodically with or without an international partner.
We could buy these for weeks at 2.25 - 2.4p and all of a sudden the freefloat stock was snapped up, sounds like somethings nearly ready in the world of Clive.
Smarty translator engaged.
So Boat Q3 - confirmation of who builds and who pays for the drilling island - either way $10 - 15m min profit is still a good one.
Block 8 - pending.
Deeps - still being drilled but drills underway and news in the short term ( weeks ) for A5 and Months away for A7.
142 / 805 still flowing.
155 / 807 - updates on drills and new flow rates.
Other Corporate activity - farm in on deep well 802.
More buys?
Maybe Smarmy has heard different and something is flowing?
Next rns..
Boat Q3 nothing been done but will be great.
155 nothing ready
A5 not ready
A7 not ready
Block 8 we await govt etc etc nothing done.
South Yelemes another drill and 160 bopd
We are producing circa 2000 bopd.
Zzzzzzzz...
What time are Largo releasing news of their impending doom ( haven't sold out, just joining in so I don't feel left out )
Dibs, yes the radiology part has potential as an add on although it looks even less progressed than Bleepa within the NHS.
It also shows that the NHS are dicking around with all these small ideas in a very piecemeal fashion, no oversight or political will to actually deconstruct the NHS units and bring them together as a whole, not yet anyway, maybe labour will do something different to the Tories ( I think they'll be just as 5h.it and disorganised )
With just the mjf drills and the next 3 x south yelemes shallow drills plus the boat contract 2024 is going to be a good year.
We know that their drilling crews are competent enough on the drill and flow shallows, cracking success rate at geo location and moving them into production, over 80% which for oil & gas exploration is top tier!
To be fair their deep Well strike rate is as good it's just getting the deeps to flow!
Tied in with the improvement of weather in our part of Kazak.
Now in plus territory.
Shouldn't be long b4 Clive hoists himself up and about and digs out his carbon paper and typewriter ...
There are other healthcare-related AI trials going on around the UK, including an AI tool by a firm called Presymptom Health which is analysing blood samples looking for signs of sepsis before symptoms emerge - but many are still in early stages without published results.
Nhs digital budget £3.4b
Fdbk secure £50k
What's the reality here?
Exactly needs an update doesn't it?
You unicyclists are all the same ;)
You been castlerigg? That's an easier venue, better walks as well.
Sharp Edge by night, drop down into castlerigg for early a.m.