Member Info for ConMan94

They gave clarity in the last presentation

looking very strong, expect to see it get even stronger with Biden's magical money tree as well as the ROW's efforts to invest it's way out of this mess.

It's been a crazy year thats why.

another top up for me albeit small one.

Near term we're looking for:

SABW1 coming online. Costs the co just $1.5m according to a recent presentation for the pump. Unknown on other associated costs. Co are expecting a possible net 244 BPD which is oil which also helps balance the heavy % gas play which some people don't like.

Sancrai exploration well. This is a biggie. This comes in then the growth in revenues and profits will be insane.

It's getting closer. HODL your #ORPH!

just topped up again. Company probably has over £6.5m sat in the bank rn.

ahh yes of course, I just went on the recent Total Voting Rights RNS, just to get the details quickly. anyway, you get the picture, basically polarean is going to the moon, and we've all got our tickets.

I don't suppose you're ricky hatton btw, just thought I'd ask

Cheers Nathan, Can't say I understood all of it, probably not even most of it, but hey, better margins, and being associated with blockchain can't hurt!

"Wonder why the first quarter delayed a day?"

Maybe the party essentials haven't been delivered to head office yet.

Well depends how much money they need haha! This cash takes them over the FDA approval date and prepares commercialisation. A question was asked on the presentation about any more equity, and they didn't really answer it, but I'm betting there will be another raise. How much is the question.

Let's say we start moving back up ( which it looks likes it is) and by FDA approval we're at £1.

They raise £20million (could be more could be less) 166,117,636 + 20,000,000 (new shares) would take us to 186,117,636 shares in issue. $1bnMC would be 390p SP

Obviously this is all just speculation, but it's clear to see there is so much upside here. The question is will the market let us reach our potential or will someone take us out.

DJ - 43% is a hell of a lot buddy. I hope it comes off for you as if it does, wow.

I personally believe that within three years this company will be valued at over $1 Billion (if we're not taken out before that).

Taken some more here, they're simply too cheap. I've got them making £1.3m per month right now.

A really top notch company with a top notch CEO! Hats off to RH.

Yep AN nice to see you've done your research. If Sancrai is a winner then boom, we're off to the races, if not then we're still decent. Downside risk is very minimal, upside is huge. It's a waiting game add the dips, which seems to be most days at the moment.

Anyone done any research on this? I've seen some stuff online about P2P energy trading, but don't really understand it. Anyone got any insight as to how OPG could benefit from this?

Incredibly difficult to understand Beza. To comment on it, I'd need to know how they've come to the figures. But generating revenue of $53m and only generating $3m of profit when our lifting costs are sub $10per barrel, something isn't right straight away.

It's pointless because they're making their own predictions or taking those from brokers of

1) Oil Price
2) Sancrai Success (if any)
3) Tunisia Upgrades
4) Moftinu decline.

For a company like this it's completely pointless looking at that, especially as they're not giving you anything to back up how they're getting those numbers. It's really quite easy to forecast what this company will be earning, but for that you need to pick your own assumptions. Oil/Gas price + you have to forecast what you believe Sancrai will pump and then see what numbers you get. Quite happy to send over my spreadsheet. You can then put in your own numbers and see what profits the co. will be making. ATB, DYOR.

Pointless looking at their figures.

Nice update there from the Guvnor.

- Sancrai well expected to be drilled mid year. Probably some time in Q3 from the sounds of it (If this is positive then strap in).
- Will need to see what's there before deciding on a new plant/using Moftinu plant
- compression to be added to Moftinu mid year to extend the production
- Capital programme signed off by Sabria partners, just waiting on signoffs and paperwork

I've got a 9p target = £100m Market cap. This is based on a successful drill at Sancrai with them hitting an underwhelming 4.0 MMscf/d + completing all Tunisian upgrades as per work programme |

GLA DYOR

Worth so much? It's MC is <£55m.....