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Hmmm. Well I must admit I myself have been undecided for some time over the potential influence bb’s can have. Re the Leaks Pre Drill Result / This last one was horrendous. I’ve said before the mm’s have a man on the Rig and I didn’t receive a Positive consensus.
Obvs I’m speaking metaphorically but I think I’ve been proven correct on that one.

My only sense of this now is that people will Sell when it breaks 20 25 and 40 even / sooner than what they would have done perhaps. The uncertainty leaves a bitter taste.

What we do know now about Serenity is that it is “Transformational”. I think back in 2016 they raised a £14m MCap and have since raised £16m at 35/37p ? And more. So I struggle to think a £13m MCap with a 200m STOIIP in a straight forward Reservoir structure / will last very long in any Market place ?

Also BOD playing Cards close to their chest re Serenity. Not releasing the Data in Full to SH.

We shall see what MON brings.

Ha. No I’m not Ramping De Ramping you knit. I really believed Serenity would not deliver and that Liberator would kick start the Success. I got it wrong way round completely. I can’t for the life of me believe how the mm’s crashed this to sub 10p after the Serenity Drill.
The Oil is not making any money in the ground though is it. Time to come out.

Go find me a 200m Barrel STOIIP Reservoir Connected to already established Infrastructure on a 100% License for £13m please...

“Majid, so the drop in the SP overdone ? Unfair ?”.
“Massively overdone. Bears no relation to what WE HAVE (Currently) in the ground (Referring to Serenity of course). (Or..) What we had in the ground before we actually started Drilling in Fact. We Originally had 11million Barrels in L1 Area”.

Earlier Graham Heath had referred to (No Secret).
“In Serenity we carry a Conservative Value of 200m Barrels of STOIIP alone”.
The Reservoir (No secret) is a simple Structure and one would expect 60m Barrels Minimum of Brent to be recoverable.

I will second that. You cannot Buy. Join the Que behind the Bigger Fish. Outrageous what’s happening and BOD in on it with their Communications. No specifics about Serenity despite all this time. Fob off.

No xxxt Sherlock. Of course an RNS is being prepared. We should be at Touchdown lol...

What you both going to do when No Liberator RNS appears by Close of Play today ? lol..

No chance lol.

You don’t re Rate on an Unknown Drill Result !!

Good Good BTFATH. If it’s a “Duster” that would mean they have achieved 160m of Drilling per day every day. That is going some on a Industry Averages but not impossible ... We shall soon find out !!

It’s highly doubtful but the Only Logical Reason re Nil RNS on 40% Drop is that they actually have struck Oil and they are assessing Reservoir Volume and that this being so / has coincided with the SP drop.
Because the Logical RNS would be to say we haven’t TD down yet wouldn’t it ? ..

The only RNS I foresee despite Market plunge will be Result of the Drill when they have concluded outcome fully.

I doubt they will Austin. Tbf they have never reacted to SP during Drilltime. Thus providing Integrity that they are conducting the job in hand to the Letter.

The “Forth Drill” was a clever Ploy to keep the Market Buoyant. In the meantime “Friends” are exiting. They have no cash in Bank and now the Rig needs paying. RNS coming to a AIM show soon. Bad News awaits...

My Opinion is Serenity will not Deliver. They will say insufficient pressure in the Well / Not enough Contingency as predicted / Failed to hit / Oil Viscosity not to spec.
Current Holders May have been rinsed here and the only ones left are people that don’t know anything apart from what RNS tells you.
News must be due soon. If it’s Bad then I’m in at 10p for Liberator. If it’s Good then I wish you all a Best of luck. Tick Tock ...

Not to mention the Big Sell Off from James Caird Over 3 Month period in run up to Bad News RNS re Joint Venture collapse...

SP still falling as I predicted.
Liberator was the Original Play and the 3rd Drill. I believe Serenity may not deliver.
Holding out for sub 15p. My original plan was for 10p but I have to switch on at 15p or below.
Good luck to all Current holders Nevertheless.

Your main Investor who is on the Rig is reducing their Stake on Day 10.

If depth is 1500m / 5000ft then continuous drilling could be complete anywhere between 10-15 days at 100m per day. According to Norwegian Drilling Averages (Data up to 2008) then 164m per day has been achieved.
You do the math. I’d be very concerned 10 days in and a drop in SP. You can not deny they may be at the Full Drill depth as of NOW !!!
Lombard should have a man on the rig with 9% invested. Not good imo.

Here’s Hopin. Do you know this for certain ?