Member Info for Desmond45

Does anybody have a tin hat I can borrow

We will receive our jam one day. Just not any day soon.

By the time the remaining documentation is published we’ll be around 1p anyway, less than 10% not exactly a huge discount when compared with 2p from 2.85 for the instos last time. Long few months ahead.. roll on the farm out davey

Jiddy, here is your recent post;
“It could be:

* Duster
* CR
* 6 Billion Shares
* MD's salary
* Going bust
* No FO
* HRZ Horizontal not vertical
* No rise in SP if can't get it out of the ground
* Winters coming

All of the above!

Good luck to all genuine holders.“

Looks like we are working down the list nicely doesn’t it! Please stop attacking other people’s comments in future now that it’s so apparent that you’re a clueless ramper

$85.6 (10:30am) 😂

Tin hat time til GM

Didn’t we already own half of that ASRC acreage based on the diagram? Wonder if it came with historical seismic.

Im happy as can be Jiddy. What happened to that fantastic news DW was bringing to the presentation you were harping on about? Talk about crap predictions yourself. Do my ears deceive me or did DW dodge and swerve the CR question...

SL was abysmal, no net sands encountered.. could’ve picked a better location myself!. Best hope WH is on schedule or MB not doing himself any favours.

YG seismic analysis/cascade and the odd permit isn’t gonna boost the SP very much Reaper really, not above 2p anyway.. the market has lost patience after 4 years of jam tomorrow. Note we’ve recently added many more barrels to no avail. Perhaps FOMO for winx may bring a more substantial increase in SP, although we only reached 3p odd prior to IW2 :| Also I wouldn’t bank on information provided by LeMajor, according to him/her “all PB had to do was spray on the ground and say ‘drill here’.” which were His/her exact words, I was called a troll when I stated we would miss PBs interpretation of IW2 as made clear by the recent presentation. In farm out terms I’m assuming Exxon are out of the equation given the recent emphasis on Guyana by DW, And BP have little time for the slope these days. Plenty of Conoco references though. Perhaps that’s who’s in our data room? Or oil search for the Ozzie connection. Would love a non disclosure agreement to ramp up the volume here. Few months before that though realistically as stated by DW this potential agreement would take place towards the end of negiociations not in the middle (where we are). Having said that, still we have a covert buyer picking up 1,000,000 at a time thank goodness or we would be sub 1p by now.. the only saviour here is announcement of farm out at year end or else it’s cash raise o clock. I believe DW has the minerals to deliver a deal, but whether tier 1s will adhere to our schedule is another story. Fingers crossed.

Yes indeed Soul, this share is sadly dead until possible farm out around year end. Failing that then winx drill in Feb.

Wasn’t he talking about Guyana not Ghana? E.g Exxon

I stand corrected! The Repsol deal was done around 100$ a barrel, not the Armstrong one!

Well the price of oil was in the 100’s according to DW when Armstrong / OSH did a deal

Jiddy it is also pure guesswork to assume we will receive back payment for 3D, we may or may not receive funds, with oil only at $80 indicated by DWs and/or statements in the presentation.. I’m also unconvinced that the deal will be closed before year end (physical data room only just opened) meaning a likely CR before winx if we haven’t done a deal with a major. If majors drop out then we aren’t gonna risk running out of money if winx is a duster. Let’s see how it all pans out.

Concerned about how low we are gonna drift here with no decent news anytime soon.

As long as somebody is paying and the SP re rates I couldn’t give a damn

At least we have a safety net if no tier 1 companies want to deal, as in DWs words we can sell to a Chinese billionaire or anybody who wants to become an oil baron.

They forgot to record the presentation

I hope so Jiddy. IF/When the deal is done and signed on the dotted line maybe it’ll be time to crack out a bottle of icewine.