Member Info for Ezhik

In 2. You have little choice other than to wait for a small miracle. Price may go below . 35 which will mean that you will need 100 % to get back into profit. Ast may get lucky with an offer for the company, unlikely unless they are allowed to increase gas production though. More platings will be required if they want to get more gas out of the ground so be prepared after the seismic analysis, they will need money to drill or intervene in current wells. Make your own choices matey, somtimes better to take the loss, sometimes better to wait. Nobody knows until afterwards. The advice to not sell mmediately and let the price settle down may be the way.

AC has a different timescale. However, the man said 2 weeks from 17 th for the rig assembly which means end of April, and then the get out of jail card that says 'preparation work' which will be the stuff that I mentioned a week or so back. There were no timescales apportioned to it, hence it is a flexible period of time, and then start drilling. It will happen when I am on holiday with no internet. Somewhere between 8th and 19th May for sure.

Well, back in December I predicted that it would be May by the time anything much happened. I changed my mind based upon hope that we might get started in April but the rate of progress tells a different story. Simple as that.

bloe has 3 bagged since my first buy, the company has exceeded every target so far and is bringing in serious cash and the price is dropping. Mxo have 4 bagged in a week on the basis of changing their name, consolidating the billions of shares in issue and from a placing to raise. You can't make it up.

Mid to the end of May to start I.m afraid.

Yep. Price holding up is a positive, it looks better with a 3 instead of a 2. It is usually hammered at the first sign of anyone thinking about selling ! Will be a warmer, more cosy feeling at 5p once we battle though the flippers.

This rig is enormous, not quick to assemble/disassemble though. Getting across to the next well will be an epic unless they can put the whole thing on casters and wheel it across. :)

Yeah, definitely something smelling of an empty sardine tin. If it is, it will end any faith I have left. The best rns I have ever read yesterday, and a day of suspicion today.

The top stock on the leader board. Heading for 100%.

KB. Anywhere back towards 9-10p (money back) and I will be over the moon. Reaction over there has been a little muted based on what they have and might have. Its a tough market at the moment though and perhaps folk are away for Easter kids break etc. Conversely, I cant believe MXO today though. up 50% at one point on a name change and a 100-1 consolidation.

Dump and pump today :).

Hey Blood brother. look at my earlier post about 3mm choke size. I didn't calc flow velocity but compared flow via 6mm to that of 3mm. There are 4 times the area of a circle at 6mm than at 3mm therefore. 700 x 4 = 2800 barrels a day :)

gg. I'm not that person. I am a mechanical engineering problem solving sort of person that spent 7 years drilling holes in the North Sea on a semi submersible drill rig, now teaching Health and Safety. It is a useless ability when trying to value a Company !!. I would re-check your formulae and go with what you have established as I cant tell you mate. I hope you are right and that we get to that pound party that AJ is looking forward to.

Muddy. Exactly. I mentioned it before on here when I was in one of those bad moods, it is of course a glass half empty view but nevertheless, possible. I don't have all the info in front of me but I have noticed that earlier estimates when there were others in control were different to the current estimate. It is in any case only an educated guess by so called experts paid by the company, therefore I don't hold huge value in it. Oil in the big tin on the ground is the best measure and $$ in the bank.
I also don't take much notice of the alleged 700 and 3000bbls reportedly produced from other wells. The Russians were willy wanging to allude to their power and control over oil production back in the day, so who knows if there is much left to recover. In theory there should be of course and it is why we are here. Pays your money etc. . Get the fishing rod out next visit home and make sure that Lada Niva Driver isn't sleeping on the job. ATB

S7. Well, the MM's would be on the Krug at lunchtime with 1.5 million trades in the pocket. Those 5 big trades made up 1.5 million alone. Someone dumping 3 million or so on the QT by the looks
I made a complete ar*e of it yesterday, sold, bought back again, ended up with less shares due to spread etc and now the price is 10% below that. must have reduced my pennies here by about £1k stupid stupid mistake. I only use gut feeling and by watching the trades, no system... just guess in between trying to do a job. Maybe I should look at some kind of personal bot, I noticed swingbot a couple of weeks ago. I haven't looked into it but might do some research.
The 'other one' is still going 3 steps forwards two back and another sideways. April drill not looking likely now. More likely June before any material news. Anyhow work beckons

Surely there must be a gargantuan Sell in the background. Nothing but Blue showing in recent trades

Looks like if Bloe were change their name and conduct a 100-1 share consolidation the SP % would be up twice as much as we are with that brilliant Carlsberg rns. Fickle meerkat at it again but it gives anyone with spare cash to add more. Norio news anyone?

Get it to $1 per barrel then I would be happy and out.

I wonder upon what data was the 2p estimated?. On the plus side, it doesn't include anything for Zardab.

That's about 1.5 million in 5 trades. deep pockets--lucky for them. Price should be soaring. Don't even dare to sell 1000 shares otherwise it will tank for sure.

Morning S7. For me, the agreement for this superfluous gas sideline from 16Az rather cements the MOU from a handshake to a contract. Plus they are providing expertise and local knowledge--a very valuable commodity.

Make that the 250k buyer :)