Member Info for Ecologist

I would wear the red collar today Snoops. Goes better with your complexion after getting caught for all those little porkies you like to tell.

I'm out of the loop on Coro. Can anyone tell me why the Italian gas assets are being sold at €6 million when they appear so cash generative? Seems very cheap given the recent revenue.

Is this simply to have cash to purchase more solar panels in Vietnam or am I missing something?

Aren't you going out on strike Snoops?

The labour front benches will be baying for blood. "Disgraceful capitalists!"

PE of 3, can't be bad! Rerate coming this way soon.

Well, well Snoops: a very sensible post; ooph, at last

Frankly, after all his talk about "dusters" and "someone I know on the rig", I hope the Hound will now go away and try to influence another board.

Can you smell the gas NOW?

No, VAL is not on my screen but after yday's trades it looks like it needs friends!

Hi Darth. Actually retired since end-2018, and never so busy! Most of my funds now invested in solid high dividend stocks ... but I have still kept 'gamble' funds in FUM, IOF, ATM and a few other AIM companies.

But all good.

At least there is the Eroxon website ...

NoReserve We got the update this morning. Looking good to come on line in June 2023 with a possible IO#10 to follow. Also pleasing is that Iofina is likely to beat its production target in 2022. Check the four quarter update for fuller details.

This is what is coming up on Google for me (because of being based in France?

https://www.pazzox.fr/fr/pharmacie/marques/eroxon/?

But it seems we have our own website too:

https://www.eroxon.com/

Thanks Derrick. And thanks also for the previous link you provided for the Pensacola rig and support ship. Interesting use of satellite imagery. In a past life I was involved in image analyses across Africa but using rather NOAA for vegetation and agricultural production analyses.

But here my comment about a flare forming was a gentle ribbing of Noel and other chartists who talk about such things as head and shoulders or candlesticks forming on their predictive charts.

So do I Noel. But I would like to think that most of us punters who risk thousands at a time on (especially) AIM stocks have sufficient marbles not to be taken in by the wind up artists.

What are harder to sieve out our the well reasoned arguements of the influencers who are trying to persuade us to change our stance. I prefer to read the technical blurb and analyse the risk / reward ratio myself before investing. And then not to be too greedy when my decision is correct or too loyal when it's not.

What are your charts telling you about resistance? I am looking forward to hear that we have a flare forming!

Sjm321 .. there are wind up artists on every board, Snoops is one of them but I find the guy rather a sad but still amusing character. No one would pay money for the unsupported trivia that he posts. Read the posts, smile at them and move on to do what YOU think is right.

The bottom line is that we have a toss of a coin chance of hitting gas, we all knew that at spudding. If this one fails, and it well could, then move on to the next carried drill (Selene?)

Anyone out there to respond?

Is this a done deal or can we refuse KKR's offer?

Sorry snoop but it is not free speech when you say things like you know it's a duster because of leaks from the rig. That is either using insider info or not telling the truth.

We all know that this drill is estimated at 55% chance so all everone is awaiting is for the wretched coin to drop.

Indeed Golden. I have bought in and sold out on several past occasions 75% of time making a profit (I try not to be too greedy on AIM).

But I would be careful on long term comparisons as the company has rather reinvented itself. Longer term punters will remember that Algie was all in for undersea flaring of coal deposits and capturing the gas; until this process was put in the same basket as fracking. The Wee one in Scotland leading the way.

Collecting N Sea licences and farming out to the bigger boys is relatively more recent.

https://www.energy-pedia.com/news/united-kingdom/shell-commences-drilling-operations-at-the-pensacola-well-in-the-southern-north-sea-189701

Drilling started on Nov 23. 60-90 days drilling anticipated, so earliest completion would be around start of last week of January. I calculate that we are only some 60% towards target (in time) and so call out Snoop and Cuckoo to explain how results can already be known.

Either they are trading on inside info or are telling porkies, I'm sure the latter. Because still too much drilling time to go.

Remember this drill has been given a 55% chance of success, coin flipping time.