Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
I stand corrected H.S. I never read that bit. I went straight into multiple completion mode. ATB
Oil strike, 3 zones, each likely to be in production within say 4 weeks +/- from today. Confidence from the company to commit to CN-2 immediately after CN-1 is producing. Can't fault the geology or the team. Just the country!.
@Lexion There's always a risk, but the potential reward here makes the risk worth taking-- CN if successful will open a whole new development opportunity and with it a further rerate. Not even very long to wait. T'other one, imv won't make the promised target date but hopefully not far out. They may get around it by saying they are 'ready' with the process plant etc but they will still have to open up the wells and still have to get the interfacing arrangements with the national gas Co agreed and operational--plus their install will need some sort of independent sign-off on quality and standards. It's a lot to ask for in just 6-7 weeks (I think). However, still looking at a potential 70-100% increase in SP for both AXL and over there by E.O.Y. give or take.
Well, at last a reasonable move today that should hopefully continue into next week.
Hi mate. Still alive mate, just about. Demo acct is OK, psychology is different with your own cash tho. If you can train your mind to think that the demo is for real then you're in with a chance. --I'm struggling to identify the difference between reality and fantasy most of the time these days !. Try not to get too bogged down with analysis matey, there are so many different 'indicators' you would never buy or sell a thing if you tried to take account of all of it. - unless you invest in a bot to do it for you. Take care bud
One would be forgiven for thinking it was 10% by looking at the SP reaction. Someone hurry up and remove the pesky warrants please.
Things to communicate: Annual report awaited. Has been reported every year on 31st March but not this year. They will blame the new auditor of course but the report if clear and comprehensive should answer whether there has been any income from Tunisia other than the amount paid from the first 'lifting'. They'll probably hide it amongst total income so no way of differentiating between Italian Gas or any other receivables.
Nevertheless, it seems to be a bit late--
Hey Photo. If you are thinking about trading FX pairs etc, I have used Cloudtrade which is part of TD365. I use it conjunction with a demo IG account that I use for drawing lines and colouring-in and then use Cloudtrade to place the deal. Easy to register and deposit a few bob into your trading bucket. Mine is just 2k, if I lose it then I won't replenish it. For me its enough to get into enough doodah if you go and put say £2 a point on nasdaq or Gold which equates to 10 points to the dollar x £2, so every dollar is £20 up or down. Made 900 on a gold trade few weeks ago over 2 days but I should have let it run, would be £4 k up now. My initial £2k is now about £2.75k after a couple of less successful forays. p.s you will need a different mindset to that required for investing in TXP--no emotion or interest in the thing you are trading, just the trend and the momentum in real time. I don't worry about all of the fancy indicators, fibonnacci works out from time to time though and gives me a starter for 10. It's probably self defining to some extent and you'll probably find say 3 out of 5 trend reversals follow fib to a near-enough extent so as to give it some credibility. ATB and good luck.
Apols to others n that but I find it something to do whilst the paint dries on the pipe support framework out in Trinidad.
Can't you just buy them all up? or hack into the shares register and delete the lot? :)
Not sure about big fish but I'm sure there are a few sharks circling the boards.
Ready to Spud into what could be 1000+bbls to Arrow and the Sp is doing nothing. The company says what it does and does what it says which is way more than most small caps but the market isnt convinced. End of May should see the RCE wells settled down to steady state production and the results from the first C N well announced. If that doesnt affect the SP in a positive way it'll be time to move on.
Thanks for that Suedee. Casc C preparation is quite a project in its own right and should be recognised as such. Should be about ready to drill by end of July more or less. Pad finished and rig moved with testing recommencing at Royston by end of the Month.
Sturm, yes, one day Casc might just all be connected and operational and the consolation prize is the fixed price agreement which at he moment is a good deal. Then we should be able to drill some development wells to ensure extended life and increased production.
Royston has to some extent already proven itself in Royston 1 therefore i'm not concerned about it too much and +ve that it will be a producer, just that the rig removal is an unknown and the re-start of testing is currently unknown so we'll be in a state of limbo for a while. For those with the time left in their life to sit and wait, or the cash to top up then today's price looks to be a bargain.
Well. The article quotes PB as saying ;- “I think the really key thing about the contract is that it is a wellhead price, so the only thing that comes off of that is a small amount for operating costs. When I say small amount, probably a nickel (US five cents) and then 12.5 per cent royalty and everything else goes in the bank for us, there is no transportation, there is no processing, there is no pipelines that we have to build or anything like that.”
He was a little off piste with his comment of no pipelines or anything like that being required innit.! ( Apart from the Coho pipeline and tie-in and the gas processing plant for Cascadura. )
@Sturm. No chance of it being just 2 months from now. Hat eating time if it is fully operational end of June. August more likely.
Tomorrow? RCE5 has had a further 10 days to settle down and the rig should at least be at CN if not spudded already. At least 1 company in my PF is actually doing what they said they would.