Member Info for commy

pec.LOL

hot.FFS.learn to read

yes you are missing something.firstly I believe that he said turn the company into a $billion company.second.yes of course it would be worth the wait.on the premise that it WAS going to happen.would be one of the best investments on the market.unfortunately it is not a question of whether it is worth the wiat.it is a question of whether it is going to happen.based on what we have seen so far,it is a gamble.so not a q of waiting just a q of "do you feel lucky" "well do ya punk".LOL

cheesie.LOL.the lazy fooker is probably still in his hole.could soon sort that out though.he lives near me,i could pop round and pour some water down it.that would wake him up.

morning hawk.with a little bit of luck,a better week ahead.genuinely expecting some news this week.over 100 days on t45 now.

hawk.LOL.it just had to be done.couldn`t let an open opputunity like that to pass me by.

wass.no not at all mate.with only 32 million shares in issue and some probably tightly held there was no liquidity on the market.no detrimental effect,just allows for more fluidity.

jab.ROYALTY you say.lol.no mate just a couple of old windbags who like to chat a lot.should be put out to grass,the pair of them.LOL

wass.hmmm.just thought about it.no,its the opposite of consolidation.company must have felt there was not enough liquidity in the market.

same thing.don`t actually know why they call it a shares split rather than consolidation.could be something to do with it being a trust.

wass.MTU is a shares split.5 for 1.no loss for pi`s whatsoever.

wass.morning mate.not posted on here for a while.frr yes mate 11 more payments of $265000,with a caveat that they can pay in shares if they choose to.as for funding that 265000 a month it shouldn`t really be a problem.i get a bit of stick on there because I post truths that no one wants to hear.i honestly think though that they should now be generating sufficient funds to cover the payments and produce a profit.well t45 figures due at any time after approx100 days testing.dino well figures due in approx. 4 weeks been testing flows for 70 days.t39 well figs due in a couple of months.even if they only produce 250bopd revenues should be approx. $6.3 million a year per well.

you asked fire if it is the bottom.noone can say for sure.the gas well being abandoned is not good.having said that someone knew about that.the sp has halved in 3 months despite three wells successfully drilled.fourth well due at end of year already paid for.

hope that helps

hawk.morning mate.trust all is well.

unfortunately that was the xmas prezzie.

simon.forget to mention this.you say "There is lots of gas, they proved that it's commercial.".no they didn`t PROVE it.proof is when you actually produce it in a sustainable quantity.they SAID or STATED that it was commercial.totally different thing.

simon.fair enough.we all have our opinions.i didn`t imply that the gas isn`t there,i only stated that I don`t think they will do anything with it in the near future.i personally believe that it will be left alone until we have sufficient funds to drill a completely new well.that will be seriously expensive.if we can produce sufficient quantities fron taribani perhaps then we can fund a new well.until then I don`t see anything happening.

bedex.FFS.was just a bit of humour mate.you really think that I would post the hundred lines stuff if it wasn`t.? was just joshing about the amount of times we have had positive language.as for selling.nope.as I said I think the gas at ud2 is dead for now.think the oil could be extremely good.
sorry to provoke that reaction from you.i know that you are one of the good guys without an agenda.

mole."Abandon seems a bit too strong.".have to disagree on that.it is what it is.they are telling us that they have no intention of doing anything in the near future with ud2.just my opinion of course.as for niko 1,i genuinely look forward to your analysis on this zones 20.23 and 25 could prove interesting.i believe that these were perfed in 1981 and once again it was the cement job integrity that led to abandonment after just 45 days.i am not totally convinced about revisiting these wells but if and I do say IF they prove the case with dino then that would be a game changer.it only takes one revisit with new techniques to go according to plan and then the whole concept becomes a reality.just hoping that we get a serious result from t45 or dino.that would be proof enough for some serious players to get involved.
enjoy the extra drink.spelling mistakes will be forgiven if you come up with something decent.LOL

wow.really? bedex.check every rns to do with field development,all say very similar.if you believe that after all the times they have stated the same
sort of bs then perhaps you should be given a hundred lines for being a naughty boy and not paying attention.
100 lines that you have to write
"fool me once shame on you.fool me twice,shame on me" LOL

mick.only marginally.i remember a couple of years ago they were going to do dino2 t21 and another well.they stated at the time that ewt would take 90-100 days.don`t see any reason why that would have changed.i do suspect that they wanted to get this rns out of the way.would expect t45 in the next week or so,then 30 days for dino2 and a further 30 days for t39.