Member Info for CrustyPete

Oh and in case I haven't made it clear enough, the award of a contract for the rig does not even then, necessarily, mean that it will be on site and ready for drilling for a good while after that.

BG, I am not too sure how that connects directly to the Drill Rig contract? The "Gathering Station" is there to collect gas in the absence of the pipeline as I understand it; they can gather gas from NT1 without the need of the Rig. Moreover it has yet even to be designed and engineered let alone constructed. So, I will stick to my original assertion - there will be plenty of time to buy at these levels.

Prior to the fund raise caused by the rig issues, circa £22m.

£95m

"very astoute"?? That's a bit rude! She seems quite slim to me ;0)

Astute?

Short term money and rainbow chasers now largely out of the game and wider audience becoming aware of the prospects should bring about an influx of new monies tat previously would not be comfortable with risks involved (binary). Today's news has largely de-risked this (not totally, though now different set of risks/ questions) and there is still a lot of upside.

You would normally anticipate it taking up to 2 months QD, though I have seen it done in 3 - 4 weeks in some (rare) instances.

Yes Lloydy but it had already done 500% in "anticipation" of the RNS and there was a load of short term money in that decided to cash out.

Similar story for me though not quite the same numbers! I top sliced first thing this morning, banked circa £36k and still have 1.2m shares that I am now playing for free. Not bad considering that 3/4 weeks ago my average price was over 5p.... The god's must have been smiling on me for once.

GLA

That may or may not be true BG but the more relevant point is when the identified rig will become available BG and that is anyone's guess - as I suggested earlier no reason for huge excitement yet BG, there will be plenty of time to be adding over coming weeks and months.

Probably a UT or late reported trade. Lats trade @ 2.76p

Last trade @ 2.76

Oooops, sorry Tanzania. No change, BUY (but quietly). Need that rig contract before raising the ante....

i disagree thinice - the mm's are just taking the **** out of the day traders who are being forced to close their positions... always happens after a big +ve day. they will be selling them tomorrow having hiked he price back up...

Day traders closing out; underwater or not....

They must be listening JWB - back to 2.75 2.85p now ;0)

I had a very similar thought Roger - cup of tea in hand.

Well done Mr Jolly - it makes a pleasant change for things to go right for once ;0)

By the way I texted you earlier - did you get it or has your number changed?

What's the rush? 5p this week next week or the week after - who cares as long as it gets there?

2.75 - 2.85 richard clements

Sorry that should have read 2:00 - 2:15 !! Doh.