Member Info for Desmond45

RNST has called these dog assets correctly. Fair to play to him.

Agreed if the WD4 well has been completed then they should update on the pay encountered etc as they would do with Royston or any of the larger wells. At the end of the day it is material as it affects company cash flow whether it is a duster or 200bopd. Especially as we are none the wiser regarding first gas which has now been swept under the carpet with no actual reasoning for further delay via rns - last We heard it could be online as early as august?

Best not be a dilutive fund raise after Paul’s recent comments about being fully funded to first gas etc…

There is surely no testing underway at the moment. XM is on holiday flying around Trinidad in a small aircraft as per social media. Would TXP be flow testing their most important active project without their top geologist present to analyse the data? I doubt it. Few weeks before we see any signs of progress IMO

China resources leak???????

“a simple low-risk offshore UK gas development shared with unquoted Corallian.”

All RBDs assets have allegedly been low risk and simple and they’ve blown every single one of them. Current market cap looks expensive when you factor in they can’t afford to expedite any of their assets.

West Newton is an absolute write off. What a disaster

That gap to 133 looks like it’s going to be filled imminently.

Looks like the China can is being kicked down the road.

For me the main risk is that the China resources deal doesn’t materialise. I saw a similar scenario with Versarien, the can got kicked down the road for years with China deals just around the corner which never materialised. Their graphene product was also seemingly too expensive and was never widely adopted, something I hope DVRG do not encounter with their WW monitoring equipment.

STC is a good side project which should grow significantly now a global advertising/marketing partner is on board. I did think it was strange that there was only around 15 reviews on the App Store but GB disclosing 200 new members per day and ~30% conversion has filled me with confidence.

Hopefully one or more of the NDAs converts into a sizeable contract. Again, same happened with VRS they had about 50 NDAs and never really made a significant deal, all just got brushed under the carpet and never mentioned again.

All the serial bashers have bought their shares now, the bottom appears to be in… back up to 30p+ we go

Where can one watch the Reuters presentation?

STC is going to be absolutely lucrative

All the crybaby bedwetters moaning about a drop from 32p to 22p need to relax. Rome was not built in a day.

Cascadara is a completely different kettle of fish (pardon the pun). I don’t know how much attention you’ve been paying but Coho was delayed due to the need for shell to allow us to use their gas facilities. At cascadara we will not have this problem.

Taken a nice chunk of stock just now. Sale price or what

It’s certainly possible. £8 per share sounds fair to me.

Beat me too it smasher. I suspect we may be seeing an RNS tomorrow regarding coho approvals being given the green light from the MEEI!

The market is hesitant after the chinook debacle with PIs likely worried that the payzones will evaporate to nothing again, but the management will certainly be toasting to a huge success at Royston. As stated by Shipka, Royston has delivered on all accounts. Just a matter of time until flow rates prove north of 1 TCF and the market wakes up. Several companies I.e schlumberger have logged this well and they know it’s a winner, the only question now is how many wells it will need to drain the pool.

Presumably an after hours placing coming to keep the lights on. S&S, what a joke