Member Info for Ezhik

Was Agatha in Ibiza in 1973? :)

"Customer centric" what a cringeworthy, puke ridden expression.

How many wells has he drilled over that 30years?

Morning to you IHNC. Good to hear that you have built up a good amount - I think that it is a wise move now that these results are in. Mid term play - couple of years to reach the point of onsite liquifying, shrinking the physical volume by 600times - or whatever it is and tankering away. Problem is keeping it at minus 270C !. (balls off a brass monkey temperature). By then, the business model should be well proven and further acquisitions possible - and a jolly nice return on investment from this point.

Oh well. I was correct first time around with predicting results either end of last week or this one. Results better than expected with higher flow = more He. Similar %. Nitrogen can just be vented to atmosphere without environmental issues. Potential to liquify it later as it doesn't cost £££ to extract it from the atmosphere like a typical N2 generation plant aka Air Products, Aire Liquide etc

Ahh yes, thanks. I was being dull yesterday and had forgotten that--(probably the most important factor in the future of Code :) ).

What are we waiting for here? anyone know :)

No worries--interesting though :)

Excellent indeed.--Except the flare stack is a vent stack :) If the results are significantly better than Darwin then this will be one of those unexpected news items that will increase the SP.

Yeah. just gone up again. Should have bought instead of waffling-- it's only money.

Hope you are right. I noticed that it has had a fall from grace and there are a few new catalysts arriving lately so you could well be on the money. G.L.

Tipped on another board this morning, was only up about 4% at the time--well done to the person doing the 'tipping'. I never jumped in although I did look at it and thought 2m maybe in a year's time was a bit too tenuous-- whoops lol.

There you go IHNC. Told you an opinion is not allowed and whatever I say is wrong, except that I have got the Sp direction and the SP figure accurate more often than anyone else. I never actually said proof of concept was dependent on 5 wells, proof of concept just happens to be the name of the thread. The fund raise was for the psc and 2 additional wells, so with the 3 plus another 2 makes 5, we were told they plan to drill them this year. If they get all that done and they can prove that the wells all continue to produce on a continuous basis for several months it will be next year before they can achieve it, by which time they will have proven themselves to be viable players with the ability to provide security of supply. Good for gaining customers at a premium price, good for borrowing to buy up the rest of Montana or Utah. Ingomar was their reason for coming to the market and was the market buzz and excitement that got the SP up towards 30p. Rudyard was initially second fiddle but has saved the SP from hitting the floor. Ingomar needs sorting out one way or another. All is progressing, it all takes time.

Mcap £500m - not impossible. Been in and out of Kefi since I wore short trousers for school and now i'm getting my state pension already - 'bout time this came good. It has been something of a challenge for HAA- he could probably write a book about it.

Well, thanks to those with their ears and nose working overtime to keep us up to date with events. Had a small top up £1k - or should I say Mrs Ezhik has. She has no idea though :) She's already 25% in profit from her purchases this year so far--she doesn't know that either :) Hopefully a nice Christmas reveal 5p would do it.

Ahh, IHNC, I hadn't factored in the lab time, you are correct--I had forgotten that they don't just use on site chromatograph or whatever. My 'potential' for the end of this week was just subtle ramping and wishful thinking---you know--the opposite to what you are accused of ! :). Either way you and I are both in trouble whatever we say, good, bad or just the truth. @Bagzz--I'm going for end of the year, early next year to get say 5 wells running, gas separated and sold and the income demonstrable and reliable. 30-50p. i.e. several months of continuous uninterrupted He production. In the meantime they need to achieve something positive at Ingomar with a new well or to sidetrack from the current well head and to get it done without the mud issues or well collapsing or non existent flow. Maybe around Oct/Nov - after the next fund raise--there we are, I said it to save you from having to. In the meantime 'mind the drip'.

Maybe next week for first test results--possibly late this week if they have made good progress.

But again--no fireworks unless we get an entirely unexpected and somewhat unrealistic 3-4 % He.

This time next year Rodney etc.

3LB Tks for reply. Buried plastic makes sense in that wherever there is a flanged joint on steel it presents a leak risk. And it doesn't rust. Hopefully someone has ordered the Excavator, skinny bucket and the dumper. We could do with seeing some preparation and install work about now/very soon.

How's the PSC doing I wonder? How about the Gas collection pipes between the 3 wells? Do we know if it is a Buried plastic pipe or above ground steel with connections? If it was in the last chin wag, I apologise as I didnt listen.

Just thought I would change the subject from how huge Linda has become these days--

Northern. Not with a £76m mcap already. no income yet, gas and condensate and not mainly oil plus a bit of gas.