Member Info for ConMan94

Just put 666k away in the Sipp

People were way to optimistic, predicting 3000+ Boe/d. People need to understand the decline rates in Romania and how quickly they drop. It's quite easy to do on Excel or just any old calculator. They decline at 3% per month according to the company and as such, people need to be aware of this. Even my 2.5k Boe/d which was the lowest prediction from everyone was a little too high.

Need Sancrai to deliver now.

#Roadto$1bn

Once the accounts are released should help the SP move north. You can't deny that it may be putting people off.

https://audioboom.com/posts/7863635-polarean-imaging-ceo-richard-hullihen-glantus-founder-ceo-maurice-healy?utm_campaign=detailpage&utm_content=retweet&utm_medium=social&utm_source=twitter

Will be interesting to see what they're producing in Tunisia given that they've had plenty of time to do the required maintenance.

Nothing about the company really, just about the sector. Decent watch though, Auld never fails to impress me. I'd be gutted if he ever left.

https://www.youtube.com/watch?v=QXRTVqkD7FM

Not watched it yet

hmmm it is interest Rax. I expected to see some sort of negative news re power but I keep seeing articles of strength. It is a very strange situation and I just hope the situation gets better in India to slow the amount of poor souls losing their life.

yes thats right RT. easy mistake to make. It will be interesting to see if they've done the workovers in tunisia now as they couldnt do it in the last update to covid, and what impact this will have. Obviously we would assume that the pumps are not yet installed as for me, that would be a material change and should be RNSd.

RT, where does it say they'll get 100%? They only have 45% so interested as to where you've seen this as it would drastically impact my cash flow forecasts.

doubt it will go much lower. Clearly this is the happy medium for sellers and buyers. Just need the sellers to finish. Churn will be over one day, and then boom.

probably the string of bad news. Needs to continue the good grades in its exploration and produce some good quarterly results to give the SP some energy.

Week today I believe

Nice keep em coming!

Come on then guys, lets have it, what is everyone's exit rate predictions for a bit of fun. I'll keep track of it and see who is the closest when the results are out.

Mine is 2554BOE/D

I'm like that Thompi so I know how you feel. I guess with this one, for you especially as you've just bought it near the current top, maybe don't check the SP too often. Easier for me when I'm sat here on multibags but yeah, come back in October. We'll keep the board as positive as we can until then lol.

No it doesn't Fulmar. The BOD have to act as if a T/O isn't happening when it comes to other activities.

Theyre not making 10m a quarter. A lot of the money that they have now will be spent on sancrai and Tunisia and they need more funds for Tunisia

It's not been drilled yet. October 2021 is the deadline.