Member Info for dazzle1000

https://drive.google.com/file/d/0B2AU6eavFBsoXzlvVUZHR1dCelU/view ...... this should answer most questions currently

MB: And, you probably can’t answer this but I’m going to ask the question anyway and we can always strike it off the video, have you had approaches to get involved or partner in with you at this stage, or have you been out looking? DW: We haven’t really actively tried to farm out, because fortunately the access capital that we’ve had from the market has been very strong, and we’ve always felt that retaining as much of the working interest as possible until we’ve actually created that definitive value point is something that in the medium and longer term would far outstrip, in terms of value for our shareholders, giving away a significant chunk at the front end. So we have talked to several companies, there is interest, we haven’t really tried to sell it, but we do know that there is a lot of interest in this well and this is something that a lot of companies are watching

$28 break even too

Lemajor... that link is for petroteq... one to watch ...3 of the ajoining states have a trillion barrels of thick oil the extract with the cleanest of eco equipment patented...100% friendly...

Wrong...they didnt have enough data first time round plus not enough dosh as too expensive at the time for the risks involved.. by all mean email dave and ask him why?....this time tound something unexpected happened between hrz and hue plus other new data...to make this a defo joint venture to farm in a partner...1p maybe but im sure though savvy amongst us ate accumulating as we speak... strong buy from me...dazzle

Good post mike mike... hope some are waking up....and smelling the oil ... lol erm coffee too...christmas came 6months early again...big thanks to all those who didnt want their shares xxxx dazzle....

mancini26504 Posts. 9 05/07/1806:18:51Post #: 34148652 According to the 6 April update it should be around now that we should see some early products of the Conventional area 3D seismic. Dave confidence of attracting a farm in partner in his most recent update could indicate that he may have already had a peek at the early results. From Operations Update 6 April: Project Icewine – Icewine 3D The Icewine 3D seismic survey, approximately 450 km2 in area and covering several large leads identified on 2D seismic, was completed on the 28th March – on schedule and within budget. Infield quality control, overseen by head office, has ensured that the data acquired is as clean as possible to enable fast track processing. Processing of shipments of data from the initial areas of the acquisition has commenced and early products, namely post stack migration, will be available in June 2018. This will allow confirmatory mapping of the stratigraphic / structural elements of the leads already identified in the conventional prospectivity portfolio. IMO an operations update with the early results may not be too far away GLTAH

460m shares issued in the recent cap raise. Approx 1.09 billion shares traded in May. About 709.4m on AIM and about 381.6m on ASX/Chi-X. I would say the SI's are long gone.

Lazarus651,573 Posts. 243 05/07/1812:54:53Post #: 34159554 onway8 said: ↑ No...that is not what I reckon. It is not so simple to make the distinction that you are trying to paint. Every transaction has a seller and a buyer....so the 460m CR shares, if flipped in May as I am assuming, is likely to have had a non-SI involved in the transaction. So 1.09b shares traded could still have all had a 'non-SI' involvement. By the way....March total volumes were 639.3m and Feb were 549.2m, so it is hard to say what is a 'normal' volume month. April had 1.31b volume, but that was largely driven from AIM, suggesting the impact of their tax year and the Bed & ISA impetus. May was up for both hemispheres, hence the speculated churn of CR shares. June had almost 2.2b shares traded, with a slight dis-proportionality towards ASX/Chi-X. IW2 travails being the obvious driver of volumes and our tax year perhaps being the driver of the slight dis-proportionality. All IMO. You may be right too.

In no way stealing Lazarus65's thunder, but in addition to that we had 1.9 billion odd traded across ASX/LSE in June to add to that 1.1b May figure. And i don't have access to IRESS, so my June numbers don't consider chi-X. Adding another half billion or so already this month, there has been well in excess of 3.5b traded since the 460m CR. And, using the standard 5 finger rule (5 x the volume to churn into/out of a position), i concur it is almost certain they have left the building. ...and each of them no doubt quite appreciative!

Meso19731,642 Posts. 69 05/07/1815:37:07Post #: 34164777 Yukon gold.. q4 was stated for final 3d interp.. So nothing expected until oct at earliest.. Western icewine conventional.. End of yr was stated for farmout.. Aug/sept was stated for final 3d interp.. June was stated for first 3d products.. It was not stated that we would definitely have an announcement on figures based on june first 3d products.. so best to leave the expectation of news for final 3d interp in sept... However, in terms of lower sp.. the guessing game of when exactly the 3d.. initial first products interp or final interp, actually get announced, may limit downside to more of a drift effect than anything else.. By 31july documents need to be completed for horsey farmin.. In summary.. news that is definitely coming.. -end july/early aug = horsey farmin completed -end aug/into sept = final 3d numbers on western icewine conventional (current total 1.95bill prospective on complete acreage) -oct to dec = final 3d numbers on yukon (current total maybe 120mmbo discovered contingent ??) -nov to dec = farmout completion for western icewine conventional.. Bear in mind that hartleys broker report from last yr had 8c per share value for after final conventional farmout :) It was like 4647mill or so shares on issue so about 370mill aud.. If we get only say half of that value plus some 50mill aud value for yukon.. throw in the horsey.. and the market cap would be back up into the mid 200mill aud range and above 4cents... going into the drill season.. (No mention of the hrz...)

Test has a little wash out so dave and co. Hadnt ALL the relavent data to go straight into horizontal instead opting for a vertical last year.....then gave it ANOTHER bash and thought better than fudge it up willy nilly....suspended the well and put a few deals together pending on 3d....from what I've read going horizontal is a better chance of success and higher flow... still 50/50 until dave says other wise...3 different conventional deals ready and waiting to exicute on conformation of F.A.....and people are starting to buy back in and top up...dazzle

Little https://youtu.be/ErvgV4P6Fzc

Talking out of its bum. ...brombarb is a national treasure on this bb... well respected and thought very highly of....and in hotcopper....

I see the disappointment is setting in and it is understanderble. But dont look at it as a negative... there will be moaners, whingers and debbie downers posting their woes and misery upon us investors...take no notice to those who have regrets or miscalculated their expectations....we have spent a couple of years investing and preparing for this all had an equal opportunity to trade and derisk like the rest of us.. if you bought in here other than to invest then you have only your own greed, fomo and lack of investing skills to blame...i see some good things coming on the horizon and im patient to wait...best regards dazzle

Its far from over and i agree with mikemike that most of us in here know the score.. just a minority that are out to cause trouble due to lack of undetstanding... in looking forward to the commenced hrz farmout news for the horizontal appraisal WELLS. And more news on the 3d conventional....edison's light bulb is a great analogy as dave now knows after trying on our behalf a better and more fuller understanding of the HRZ IW2V...it comes with the territory that some things dont always work as smoothly 100% all the time, nature doesnt work like that. Dave has made great strides into securing us a better way forward considering the options with a cautious and prudent approach at reaching the creaming of the curve.. a different curve ball needed due to different measures of the time line. His savvy dealing with the nanushuk and yukon gold and possibly more deals on the horizon will see us through this minor dissapointment.. IT'S FAR FROM OVER and i am positive and looking forward to what is to come in the very near future... WATCH THIS SPACE.... as its a very good time to topup and yes maybe the SP will move slightly downwards before people realise the potential and start buying before the rerate of the commenced hrz farmout...and 3d conventional news... best regards dazzle

For the record dave isnt using ockhams razor to shave his beard ;-)

For newbies wanting insights : https://youtu.be/lg9jPLoeWJc .... regards dazzle

Take heed the advice... https://youtu.be/Qm0jktMIYlk

What is investing : https://youtu.be/lg9jPLoeWJc