Member Info for Divermike

CC and that is what I wish people would see, I know what "Our" (Us PIs) wish list is, but right here and now, we are profitable with cash rolling in, yes the mega, rapid fire action that we would all like to see, appears to be agonisingly slow, but look back, we have so far with this story, however that being said, I wish Clive would give us clear, consise and factual RNSs, looking at other CEOs of exploration companies, he is not alone, they come accross as half CEO and half dodgy second hand car salesman (Is this part of the job to "Sell" their respective companies)

We are still going well on BRENT, this all fantastic news for us, money coming in everyday ,,,,02:10 am CDT 09/12/2021

Brent Crude(February Contract)
76.28 +0.59%

Hmmmm well that doesnt bode well for Greenland, ALBA have an exploration licence until 2025 then they will apply for a production licence (Or they could do it sooner), as many have said on hear ALBA will come good, they have good assets, but not for a few years yet, Clogau is going to take a lot of capital investment to get it up and running into production, and certainly not in the next 12 months

Markb .....The Company’s subsidiary, GMOW (Operations) Limited, was originally awarded a six-year exclusive exploration licence with effect from 10 February 2015 over a 107 km² area encompassing the Clogau-St David's Gold Mine and the majority of the Dolgellau Gold Belt.

The Exploration Licence has now been extended for a further four years; the maximum extension possible under the terms of the original licence. As such, the Exploration Licence will now remain in full force and effect until 9 February 2025

Well this is dragging on, Clive "Im no expert" Carver must be waiting on some numbers/figures before the big RNS, with POO still maintaining the mid $70s this is all good for CASP/us, with very little churn I think everyone has gambled what they want to now, come on Clive!!!!!!!!

Certainly not, could you imagine "Toad Hall" with a charging point !!!!

Things are looking good for CASP, shallows or deeps and maybe both Underinvestment and a focus on the energy transition will create a global oil supply shortage in two to four years, according to three-quarters of US oil and natural gas executives surveyed by the Federal Reserve Bank of Dallas in June. One upstream executive said policies focused on limiting oil and gas growth, restrained capital budgets in favor of free-cash-flow generation, and continued consolidation could lead to an undersupply for growing demand. "OPEC is back in the driver's seat," the executive said. "If they can balance market share with high prices, they'll take it."

Another respondent said only one of 400 institutional investors their company has worked with is currently willing to give new capital to the oil and gas sector. And the same is true for public companies and international exploration, the executive said.

"This underinvestment coupled with steep shale declines will cause prices to rocket in the next two to three years," the respondent said. "I don't think anyone is really prepared for it, but US producers cannot increase capital expenditures: the OPEC+ sword of Damocles still threatens another oil price collapse the instant that large publics announce capital expenditure increases."

Average price for BRENT in 2021 (So far) $69.29 which is brilliant for oil producer CASP we just need to get back to the highs of 2011,2012 and 2013 over $111.00 ......... 8-))

Indeed it is KK, I didnt think we would be at this price with Biden's exploits, It does appear that the efforts to reduce the POO is not quite having the required impact, now above $74... .....02:14 am CDT 07/12/2021

Brent Crude(February Contract)
74.02 +1.20%

It takes a long time to add up all those barrels of oil KK

Elir, the notion that ALBA could drive new adits to eplore new targets is a distinct possibilty and would certainly get around the "Batty and Olly" problem, however, cost, planning permissions and logistics may become distinct problems in there own right, you know the site and area, would ALBA be given permission to develop new Adits? that is a big question

Thursday and 4.75p

KK, fully agree, if £40k worth of shares got dumped on the market like that, the SP would have crashed a bit more than 0.62%

Well it looks like the POO is bouncing back very fast, 02:55 am CDT 29/11/2021

Brent Crude(January Contract)
75.78 +4.07%

MLQ, yeh I was watching last night, it appears there is total apathy in Souith Africa towards the vaccine, however the World is watching what happens in the UK when the new strain Omicron comes up against a highly vaccinated population ...........fight !!!! 8-))
PS:- Is Black Friday over now?

8-(( not a good day on the market, there are some good bargains now for a quick 10%

Hang on Gritster, only 5 days left, wouldnt want to be out of this over the weekend 8-))

Oops 8-))

MLQ, I wonder what happened to MO? anyway those maps are pretty good and if you tab down to the bottom of the page, apparently a "Hot Slavic women" is waiting for me ... which is even better!! win win ............. POO still up there above $82.00, looks like its levelled up

You are indeed correct SOMM, a symbolic gesture......The U.S. reserves can only be released at a maximum pace of 4.4 million barrels per day, according to the Congressional Research Service, due to pipeline and marine terminal constraints. Total global consumption runs at about 100 million barrels per day. Oil industry experts say the reserve release will likely not put significant downward pressure on prices, doing little to relieve price pressures created by underinvestment in U.S. production in the face of political pressure from climate activists.