Member Info for djm1

Yes and since then you have denigrated every facet of this company 5 times a day, every day because you believe you have a moral duty to save investors from rampers, yet had anybody listened to you to date would they be better off in MATD? Whats the difference? You believe that bulletin board posters effect sentiment and are worried people may lose money as a result but a a campaign of denigrating this company and thus potentially damaging the value of share holders here bothers you not. You constantly argue the honesty of this companies board yet casually use dishonest and factually incorrect spin to try and lend yourself credibility here. You constantly contradict yourself have not uttered one word of balanced objective arguement yet expect it of others. This is what your daily existence revolves around. The weather is still nice, try and get out a bit and live a little. Life's too short to live in a grudge match.

Good for you Mike, but tell us, to date, which has made you more Money?

He might wind his neck in now but somehow i doubt it.

I don't suppose you're doing much hhe he ha ha lol this morning Mike are you? But you're right your CEO puts out a great RNS, really informative and bang on time. That's how many wells in a row with no OIL? Yep the board over there really learns fast. I felt sorry for those people holding those shares, i know the feeling they are experiencing, would i go there and be a **** and gloat and laugh on their board?Tell them all i told you so. No. Its called common decency. You should try it.

get a life and go and do something useful for a change you boring ego maniac. A field development plan for potentially 608bcf described as hoping around commodities. Clown. This share was good enough for you when it went to 14p wasn't it? The previous incarnations of the company were not an issue then were they? The well at 38az will be crap because Captain Stanley said so. Are you serious? Cryptic Poetry!! You're a nasty spiteful arrogant nobody. Nicodemus is right. what goes around comes around and you'll get what's coming to you. There are lots of holders underwater. Do you think they want to here your daily diatribe of self righteous gloating? That's all it is, petty gloating. Ego maniac. ****ging the company one second and then haughtily claiming you'll consider getting back in as and when. Shows you up as nothing more than a deramper here for your own agenda.

If they are going to go down this route on what information have they made the decision?Does anyone know how much information they are likely to possess at this stage without having done the wireline? Thanks in advance.

looking at the video again I think someone is under the desk holding a gun against his balls.

Yes Mike because the gas is only worth over a Billion dollars , so yes lets just blow that off shall we. Glad you're not in charge. Pathetic. One minute your ****ging this off and the next minute you're on the sidelines waiting to see if its worth buying in. 608 BCF.. its in the CPR, did you read that document? You make it sound like its new news, its always been there and its always been bigger than the oil.

Lawyer up then and do something about it, whats done is done and *****ing won't change it.

Mike 31 you're still here because PH went out and secured funding to develop a field not just drill 1 well, which is the point of these markets. so while you sit there pontificating sagely try and remember if it was down to you and bill the show would be over by now. Also as far as I recall your decision to sell up was based on PHs personality and hunch, not on any analysis or scientific knowledge of anything oil related. You got lucky and good luck to you but It's not really a basis to condemn an entire company and it's oil and geology professionals or indeed to judge the likely success of an oil and gas field yet thats what you are espousing on here as a credible strategy. as for your moral crusade against rampers that's just your Ego. Get some help.

Bill is it beyond the realms of reality that this company and this field may come good.Sounds to me like you think that this was a nailed on dead cert and easy money. 1 well after the other with no problems. Be serious and stop whinging. This isn't over. Even 16az may yet be remediated. as for trying to get PH the sack youre ****ing in the wind. there's a shxt load of gas down there. do you think they are not serious about getting their hands on it? you'll make yourself ill stressing and picking the wrong battle.

I expect if 38az turns out ok we will see share price more than double from here. it will prove block are learning and have the technical nous needed.. then we are in to 30..and the gas. could this 10bag by Christmas?

Bill we are not short of cash, and it will be sold at some point, probably when there is a significant enough amount, its not critical to this story at the moment, bugger ducks need lining up and taking down.

Bill there was an auction yesterday, some of the oil may have been ours but we have sold $300,000 dollars worth as reported in the last interim or rns, can't remember which.

let's hope so Tony

Thanks Simon T for the documents and along with SEA 7 the detailed 2007 Canargo report it is indeed clear that Georgia can be hard work. The 3d seismic will be a key factor going forward. You would imagine they would have started over WR30's location. I'll be modest in my expectations for the next four wells and be satisfied if 3 out of 4 produce at 7,000 bopd like the Samgorzi-Patardzeuli well.

AJW Mike 31 is clearly very annoying and has an agenda no question, i cant bear him myself but hes not the cause of the problems with this company or the frankly tragic share price. That's Blocks own doing and PH's behaviour around 16az, although its clear to me having the fund raise puts us in a position to move forward where had he not done his ramping we'd be a busted flush right now. So really its a difficult position to sit with from a moral standpoint but from a hard nosed business position he could be seen to have played a blinder.
The reality is can we get 38drilled without issue, SEA 7 posted a Canargo document yesterday which was interesting. It seems to me that Oil and Gas is there but so are serious challenges geologically as well as the quality of the old wells and the reliability of equipment. The wells flowed at modest rates for Oil but Gas is the real prize here. I would like to hear from some body as to how much technology has moved on in the last 10 years with respect to drilling and completion techniques and their reliability.
If we can get 38az right then were back on track in a big way, in that respect 16az is not a disaster and may well come good but if 38az and then 30 come in it will be a small price to have paid for the knowledge. The reactions of many shows what aim is all about. For many its literally well to well horizons and it has a big effect on share prices but its not the big picture. The big picture is can we overcome the geological challenges with the team and equipment we have. That's where the real conversation should be, what PH said and didn't say is no longer of any consequence and nor is Mike 31.

Mike 31 if you feel its never going to be anything then why are you still here? Is it because as a human being you're a Mike Hunt?

Ezhik do you not think a line was drawn under their integrity issues today?

well we got what we wanted which was a full and frank RNS and for that i am grateful, it draws a line in the sand and although the share price is down i think from the tone and detail of the RNS important lessons have been learned. as Pawnsacrifice said i thik they will be a better company for it and i think it bodes well for the full field development programme. 38az has been spudded so in reality not that long to wait to see a potential good result. Bago can't be to far away so all in all not as terrible as it first appears unless of course your a quick fix merchant.