Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Tiburn predicted 4000bopd for JAN. Now says 2000. Maybe they’ll do it in stages ? ie : Inject enough to get to 2000 will be an achievement in itself. Wait for Winter to pass and then follow through on a plan to inject further and rise to 2500 and beyond. Either way / They don’t want to mess it up as it’s the only Insurance Policy they have. This is why I never subscribed to initial high numbers. I guess 5000 is the ultimate goal but the BFU will most likely fall short of that long term, but we shall see.
Another slip up from Stas. You’ll find they only seek to discredit realistic Opinions but seldom commit to anything themselves. Sometimes they do slip up and and are usually way off…
In the words of Stas a Bankrupt Copl would deliver a £150m Market Cap. Geee I wish a solvent one would !!!!!!
“To say that we are undervalued would be the largest understatement of the century, no wonder Art really doesn't care to much to market himself, he knows he's sitting on an absolute gold mine and that the value that comes out of this is going to be beyond most wildest dreams.
Current Mkt Cap a laughable £29 million. There's a 5 - 8 bagger here on just a bankrupted fire sale LOL”
Wow.
“FF I think your pricing is way way out, what do you think is going to happen to the share price here if we show that the GGS is ramping up production significantly, that alone will likely blow your 5-10p out of the water”.
Let’s see if Stas is right and End DEC RNS blows 10p out of the water ??
“FF I think your pricing is way way out, what do you think is going to happen to the share price here if we show that the GGS is ramping up production significantly, that alone will likely blow your 5-10p out of the water”.
Let’s see if Stas 10p is blown out of the water come end DEC RNS shall we ???
Your opinion on 2024 production based on GGS ???? No … ? NOTHING. Yet you were all on here months ago quoting 4/5000. Now I’ve stated realistic opinion / you dare not contradict. C’mon what’s your opinion now ? 1 week away from RNS 4/5000bopd ?
I’ve offered my opinion and given a reasoned argument to justify.
What’s yours ??
What’s your opinion Stas re 2024 Production guidance ? Aren’t you going to base your Investment case on what you think Production might be ? C’mon … Let’s have a 5000bopd Tiburn prediction. I say rising to max 2500bopd.
After reading up on Miscible Flood / My take on the GGS as follows :-
Production guidance for 2024 rising to 2500bopd. I believe they’ll want to extend the life of the BFU as long as possible due to the mechanics of the Senior Lending Facility. They’ll want to retain ability to increase production by say 10% should Oil price reach certain markers. The BFU will act as an Insurance Policy for the rest of Copl development and thus 1st base is removal of Going Concern Tag.
Forget the 4-5000bopd. Imo it won’t happen because of Risk. Better to pro long the BFU. Or I could be completely wrong.
Oh forgive me for reading up on Miscible Flood as I am no Expert on that matter. Re the “Experts” on here, maybe you’d like to share your prediction for production average bopd for 2024 ? I now have mine. Thank you. Care to share ?
Regard the Miscible Flood. Once the MMP (Minimum Miscibility Pressure) of the field is known (Best done via Test Tube sample + they have previous data), then they are good to go and thus they order the gas. So with the gas ordered and now ready to be injected / my reading is that it is a matter of weeks / not months re results on EOR oil production.
So I’m hoping that Cowan under promises and over delivers. So we are right now at the precipice and best watch the Trades in this final week before the RNS outcome.
Let’s get to 2000 first.
The problem with the next RNS is the “Guidance” for 2024. They will surely want to give it a week to settle down before they come to their conclusions about next 12 month. However, if they do dig it out for tmoro / then that would be mighty impressive. So I’ll stick with the 15th for that very reason re tight timeline and the fact they’ll want to get the guidance right. Unlike Art who only sold kippers.