Member Info for Ddraig

15.28 - IMHO I think they will end up going alone. Maybe because the size of the prise is too large / the terms of any farm-out are too punitive / there's no one of requisite standing to work or interested. The reasoning doesn't really matter as long as it gos ahead.

12.37 - I think you give then a little more credit than they deserve. I'm sure you're think the same when I say I'm not going to take too much of my time thinking abut their drivers!

10.23 - The chart is titled Farallon

08.17 - All these guys / girls / children are all the same. Accusations have no founding or evidence, they are not raised to the right people and ultimately are nonsense that makes no difference to absolutely anything. Its sad someone spends time in a finite existence doing this but thats their choice....I choose not to listen and engage directly with them....saves some of my finite existence :-)

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10.51 - if you don't want a really, then don't post, but don't think you have the right to tell me what I can and can't do so considered that ignored.. ..you've added nothing here. Ta ta

11.00 - almost certainly is more below the 8,500ish feet they drilled. Permit granted didn’t allow them to drill further. AOGCC cited that it was to ensure they didn’t penetrate the oVer pressurised HRZ source rock. If that’s true then not unreasonable that the AOGCC may have been using other data it had to protect the integrity of the well and results of the 3 target zones. But that’s just my take as clearly I don’t know exactly what led them to the covenant

17.16 - I couldn’t care less what a basic character like you thinks…I should imagine your life is just what you deserve

17.51…ha ha…help yourself, take responsibility…not my job….Wally

Thought that as was expecting a TR-1 but nothing and certainly didn't want to get my hopes up!

No clue...oil turned around its slide with the US open but its not that big of a move and wouldn't expect it to have that much influence on here

09.38 - is that what you deduced? O dear. Try reading the 2 comments together and using the stamp stamp reference for the 3rd party it relates to. If thats still a challenge, I can't really help you any further :-)

20.01 - The last raise was used against Talitha testing, Theta West drill and Alkaid 2 so will have used a fair amount of the funds but the results have been all good so good use of funds. They will realise cashflows from Alkaid assuming all flows okay. Q4 this year I just can't see - won't even have finished the long term production test....and thats only on one target Alkaid anomaly. No flow for Alkaid deep, SMD, SF, BFF and certainly nothing at all re: HRZ....You'd only get a fraction of the price IMHO - Happy to be wrong but only at a great price....otherwise if I have to wait another 3-5 years thats fine for me.

I've always heard that bigger players are unlikely to stratagraphically segregate...so if you're going to look for a buy out then you'd probably want to prove all targets. Jay has the time and money to do that (well, he'll have more money from the long term testing output if it works) so can accelerate other testing (ie multiple drills per year). I'd be inclined to think they will hurry up the proofing up (2,3,4 years) before even considering sale....unless stupid money obvs

13.41 - Well if you agree that the constant sell side is there and you're confident in the ongoing results, economy, oil prices etc then yes, the detriment to the share price in the short term is a benefit. If Farallon wasn't there then you'd argue the prices would be higher....only time will tell.

Narcissist :-)

12.35 - Very open about your activity across soooo many shares - the whole market is watching you buddy

Until Farallon are gone there is little way reliable work out a more reflective share price. The drag their holding and strategy has and continues to have on this share is significant. Shame its killed another set of good drilling results (so far) but it would be good to see them not only go below the 3% but materially so.

11.45 - Does sound like AOGCC we're providing guidance to avoid a mistake and drill into the HRZ that could risk the success of the other zones. Also arguably implies they do require success and want the oil in TAPS from the long term production test. Also possibly extrapolating that the HRZ could well still be an huge target (if managed correctly) at current high elevated oil prices.
Be interesting to see what target 88 go for - a conventional or another crack at the HRZ....guessing the AOGCC are now actively managing targets to assist success / or potential failures

21.50....Can't help himself....compulsive obsessive