Member Info for Coldjoe

So anyone knows how it looks with permit to drill? I saw on twitter that the rig has already moved to drill location if it’s not a hoax ...

Funny how things change a month ago Serenity was a great prospect and now perceived as duster even before drilling, A3 was well with a good CoS based on independent CPR, now there is no oil in the whole Liberator judging by the sp.... i can only hope that this will do another matd after their SL and WH dusters

sold half as well, will buy back at 3p

Guys i want it to hit don’t get me wrong but it’s just hard to believe that explo drill located 2km to the nearest hole has 70% cos while we hit dust 650m from our liberator discovery

It was said in the conference - video is on YouTube, suppose it’s geological but it is exploration drill so i would say it’s 50/50 at best

Well CoS of A3 will probably be reduced after disaster at L2 and Serenity 72% CoS is internal management estimate which I would now take with a pinch of salt, so yea at the moment I would probably take 35-40 and be out

Obviously it’s my fault to hold so iam not whining just trying to understand how did this disaster happened, any oiler about ?

So made the mistake to hold through results and am in a nice loss, I know that the CoS 90% never actually came from the company so it might have been anything up from 75% but always thought that pilot is generally safer than appraisal ? Shouldn’t the company said that it was in fact pretty risky appraisal since they were drilling on the boundary and were in fact trying to increase the resources?

Still see rounded sells, with Milton out and Lombard having to issue TR’s what are we thinking ?

So all ramping or deramping aside any1 knows what’s happening? After all these crazy volumes we are at 25mil mcap (-60%) after drill that was not meant to be production well anyway? What the hell is going on? We are still going down lol

Well I have to say I did not see this one coming with drilling just 600m from existing discovery ... unlucky I guess. We can assume that 70% CoS for A3 is *******s but still think it’s worth a punt on 28mil mcap, also don’t forget the original Liberator discovery is still there, smaller but still viable... hope we can get at least to 40p in the upcoming weeks because this drop was surely overdone!

Hmm anything is possible but hard to believe on 50mil mcap, meanwhile eco is on 260 and growing on 15% interesting in the field... just lol

Looking at mcaps like ECO, UKOG, 88e and MATD our mcap is just ridiculous with 20k bpod projected for next year and good CoS prospects, JOG for comparison have similar mcap with first oil in 2025 and a lot more funding required.... ridiculous

Would be nice to have that reflected in the SP don’t you think?

Cheers thanks for the answers and good luck *shuts the door*

What do you think about the endless block sells guys? Without any RNS regarding reduced holdings or warrants conversion?

Not de ramping and not looking to buy here, also wish everyone good luck here and many more rises to come, but just out of curiosity what justifies mcap of more than 200mi without any production? Thank you in advance

What are they looking for then mate ? Whiskey?

Where is some bloody holding RNS these sells go on forever and really aggressively... surely somebody must claim ownership?!

Well had a feeling we wouldn’t move much, hopefully the seller will clear by first drill results... the sells seem to go on forever and nobody is claiming them