reveals his colours as a swampie....tweets huge orange waste water tanker, well of course they're going to remove waste from cleanup stage! but it's too early yet to flow water from well isn't it as they'd only start flowing the oil very slowly at first, turning up the choke incrementally to preserve the well integrity....so his post is calculatedly misleading imo
The dynamic duo are not allowed to comment as that would be against the rules that's what is meant by 'tight hole' - they have to keep silence until EWT is completed....a few chancers are taking advantage of that!
at least another 2 / 3 weeks, vids on 'ujo' twatter and comments by people who understand oilfield work (not chancer twits like BMD! - but thanks anyway for the drop) indicate still working on cleaning up multiple zones and not even started oil flow test yet...all looking good. Sharealot good point re. 'calculation' ridiculous mcap at moment! topped up
don't believe a word! why can't he give precise details then? ......we know it's taking a bit more time but that's all, more zones to get flowing than anticipated slowing up things...the oil flow not started because they're not at that stage yet......no news because 'tight hole' re communications so they can't tell us even if they wanted to.......meanwhile don't listen to @hole! Victory sale worth @ 1p to sp anyway so sell cheap if you want to
in last interview they said that the time period that would be interesting to investors would be after the EWT....so why people are spooking now is purely down to derampers efforts
cynical about that, greedy people perhaps? too early to say with well test as in pressure build up test prior to flow test...what do people reckon - weekend start flowing?
RBD website and saw not yet updated re. new % Corallion, but old info indicates figure relates to whole of Victory, so extrapolate from there what our 59% is (basically divide by two for rough figure)
the values quoted, apart from being old gas prices, are pre-the updated CPR!.....just one query - does figure relate to the whole Victory or just our 59% ?
Penny shove down the arcade with the tenners cellotaped to the magnetised tilted shelf thingies!!! LOL - you can beat them if you stick more than one penny in at the same time - but never get the tenner
Dang! missed a trick on Solstice last Sunday to use the wicker man..........but joking aside, DB seems holding out on the proppant squeeze for week or two wonder if he wants to see WN flow first before he dares!.....if Wressle flops he's in deep with huge portfolio exposure to EDR licences.....clock ticking and RBD shares will spring back up when WNB EWT concludes which might evaporate deal conditions that would have been favourable to UJO and allowed RBD to arrange WN sale/farm out as dealing with fewer partners more attractive to farminee / buyer.........WN success odds, Wressle success odds - what do you think?
RBD has done well to hedge it's bets with Corallion move, but WN production should enable bank loan draw down facility / loan from group of straegic investors rather than expose company to hostiles via dilution or corporate bonds (I hope!)
the sp has been massaged down by that Corallion giveaway thing and looks like may be at a level now where a lucrative deal could now happen......perhaps for royalties? if EDR were to go under Biscathorpe could be too much to handle for remaining partners who would inherit the licence obligations and expenses. Also Corallion holders of RBD shares who sold recently could well return to RBD on WN success...time frame is short!
on why BMD is quiet....perhaps DB is 'on his best behaviour' not leaking to him? if so is there a deal he does not want to blow out of the water by being a naughty boy?.......it is certainly strangely quiet......just guessing