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I'm all for having an opinion Sniper and I have no problem with investors retaining a voice having sold. However, when that voice wants to become the loudest and that poster spends countless hours posting irrelevant drivel then it becomes a problem. There is no harm highlighting someone's position, just for clarity.
I do like watching those that have sold out, you see people for who they really are.
You're here so I doubt that... and who's this we? You sold out.
Where's the $10m come from? It does not cost $10m to drill a well.
"So the question is where are they going to get the money to pay for all this drilling and testing" You've just answered your own question.
I must say for somebody who's apparently being invested in here you don't know much.
It does beg the question why the Twitter PR has been in overdrive this last few days.
Jennings is locked in until June, who's to say the sp wont be back at 0.20 by then (hopefully not).
" I think that most posters here were expecting it to flow" You are assuming it won't when in fact the game is very much still in play. More detail as it to the issues faced and solutions are required, I'm not holding my breath though.
Ed's view would be most welcome, most of us are just guessing. It sounds like they're not giving up and determined to get it to flow. The RNS suggests they're looking for a solution but then goes on to say "new information from engineering works". Very vague.
Well that's killed it. What a shower this has turned in to.
It's certainly a test of patience but the company did cover themselves with "several weeks" which suggests Sononagol didn't want to commit to a lead-time. There is no doubt that the company are in close contact with activities on the ground but it is Sononagols decision to release updates. It's always frustrating when the operator isn't a PLC
That's certainly a possibility Rock, there has been no indication from the company that the wells would be reported individually. All comms are governed by Sononagol who are a private company so ultimately it's their say as the operator. I'm not sure how that impacts "withholding" information regulations for Corcel though.
Certainly makes you wonder what is actually going on here. Have they move to test TO-13 without informing the market or hit with more weather delays.
It is to be expected, investors have been very patient. We're now 5 weeks in, this is in addition to the 4/5 wks whereby many thought they were testing. We're at the mercy of Sonanagol and it's becoming tedious.
"They can't pay the bills with shares. At some point they will need to cash them in for, well, cash. So the higher the price the more they get for their shares" There's no flies on Sausage, he knows his onions.
It's just a pure logical guess ALB, I will be concerned if results don't appear before the gig.
They're taking this to the wire if they want results out before the conference. My thoughts are that results are known and will be released in time, potentially this afternoon. We know the Angolan Government like to go to town and they want to maximum impact with the World watching, we know there are a lot of eyes on this.