Member Info for cventer

I appreciate they said end of last year the DFS will be delayed slightly ( but ) it didn't mean it was bad news at all.
30-35% down since then .. I hope this is close as we should not have big delays like this . Surely they know how long these things take to do and will give time accurate within a week or two.

Sounds like its TFL ( transport for London ) running the show and this has a Crossrail delay written all over it HA HA

Saying that I think I will be topping up again today / tomorrow - just s small amount of £1k probably 40K shares to add to the pot.

Ha ha showing as a red …

I just added another 31 557 shares to my holding. Couldn't resist.

Annoying that we drifted from high 3's to low 3's but was expected with the delay …. BUT surely this will be any day now.

Tiburn
Further to add on Zen ... doing a few hundred bopd in Azerbaijan already. Website says average 270 per day and c-37 was recently drilled and they anticipate as per last operation update this well should be another 250-300

**** Zenith expects that, following the installation, and when the well is placed in full operation, stabilised oil production from well C-37 will be approximately 250-300 barrels of oil per day without stimulation. ****

Ha a b+ positive outlook credit rating and also Approval of Prospectus for EUR 25 million EMTNs

Has Italy assets of gas equivalent to approx 100bopd already and recently acquired Coro Italy’s assets and this was taken from the RNS

· Zenith will become one of the largest natural gas production operators in Italy with a total cumulative production from its Italian portfolio of approximately 55,000 standard cubic meters per day ("scm/day") (approximately 322 barrels of oil equivalent "BOE" per day).

· Production is expected to reach 113,000 scm/day following the completion of a series of targeted interventions planned during the next 6-9 months for which all necessary approvals have already been obtained.

Surely WRES which owns 100% and a mcap a bit higher than this is a better bet? Super low share price and tin alongside 2700 ton pa target?

The ramp-up phase, to mine 2 mtpa of Run of Mine and produce approximately 2,700 tonnes of tungsten concentrate and 500t of tin (Sn) concentrate per annum, is near completion.

Think you’re on the wrong board as you’re talking about UKOG ... UJO finished the year up even with a huge raise to fund things to come ... still up even though I didn’t buy at the lows.

Good luck with UKOG - hope it comes good for you.

also curious99 as I mentioned ‘our’ and you referred to the wording ‘your’ asset .... I assume you are not invested here ?????

Just curious as I’ve seen you comment on here for a long long time now ????

Merry Xmas all

Sorry that’s what I meant ...
Few Xmas Eve shandies

Regardless of how we see this and I still can’t believe Sefton and Berwick shafted AAOG so much ... if it’s between lights off end of Jan and this which is 20% of our 56% future production etc. To give us a fighting chance then so be it.

The thing that annoyed me a little is why has Zenith managed to meet with SNCP who agreed that the outstanding money owed will be paid ... why don’t they just pay us and we get going rather than give up 36 percent of our asset.

For full disclosure I’m also in Zen and has been for quite a few months but in AAOG since mid 2018 although much reduced since all the delays and SP decline but still well done on my holding retainer

Not sure if this has been spotted

https://newsweb.oslobors.no/message/492612

Sefton and Berwick completely pillaged this company

Connect the mengo and lets get oil out the ground and then worry about another drill...

Something obviously not right here as if I knew cash was limited I’d go ok so we have hot oil ... we can’t access the main prize but can I get 400-500 bopd from the mengo and bring what at 400 bopd at 40 dollars profit a smart $480 000 or £370 000 per month in ( I remember talks of 1200-1500 bopd then down to settle around 400-500 )

Crazy fuxking thief’s that Sefton and Berwick !!!!

I know it doesn’t sound a lot

38 bopd as per the AAOG website x 365 days per year x $60 per barrel is $832 000

What do we get after operating and transport cost ??? 35-40 per barrel ?

$485 000 - $550 000

Now how much money does / did AAOG spend.

How can we not keep the lights on ? We mentioning we need the £150 000 to keep going till Feb ???

Surely the oil 38 bopd per day x 30 days x $40 per barrel is around £35 000 per month also

Agree - the book is all over the place. My top up trade has been dealt but not added for about 5 mins now.

Hold onto your horses people - this will do a ROCK style move.

I am glad a major shareholder is unhappy ( same as us all ) to the performance of the BOD.

We need Mick and Co to go and also major cost cutting here to make this cash last as long as possible.

I joined MTR in throwing a bit more at this to bring my average to just over 1p now ( only about 5 times our current share price )

Fingers crossed and Good luck all.

Call me stupid
But if we raise at 0.2 - 0.25 I will put a few K more in and bring my average down to around 1p

Without Micks Crap we do actually have good assets.

Gold districts ( never talked about )
Good NPV and expanding
Gold royalty
American asset

All for the current MCAP
It’s defo worth the risk
I mean £10k down the drain I can swallow

But imagine we get a deal and return to 4/5p

I am invested here.
Down like pretty much everyone here and an average of 1.53p so well under water here.

We all knew money will be needed - as Mick always said we are funded until November and guess what November is upon us.

However I agree with most - we have and are led to believe we have some cracking assets BUT more importantly that financing ( IS / WAS / SO CLOSE / IMMENENTLY ) and i didn't sell as I thought it might actually be close but now many many months later and a share price going from over 4p to under 0.4p is ridiculous.

I agree
Mick needs to ... Deliver ( which he hasn't in years ) or GO !!!!!

No more JAM TOMORROW !!!!!

17 October 2019



STATEMENT RE SHARE PRICE MOVEMENT AND SPECULATION



The Board of Thor Mining Plc ("Thor") (AIM, ASX: THR) notes the movement in the Company's share price and recent speculation relating to a potential fundraising transaction by way of an equity fund raise. The Company confirms that it is in the process of undertaking a fund raise and will make further announcements as appropriate in due course.

I just tried to top up a little ( only around £600 ) worth - i already have too many of these.

But the price its quoting is 3.9p when the bid is 2.9p and ask is 3p ???????

Anyone else getting this ?

YEs great interview. Straight away 250 BOPD because 2 wells ( 1 we drilled and will get flow rates next week ) and 1 we are prepping for drilling is not pumping.

Come on - that's not what he said ... don't try and fool people.
He mentioned it could be the next biggest to Wytch farm.
Lets wait fro the CPR and if it is 2nd biggest onshore - brilliant. If its the biggest then happy days.