Member Info for FORD707

Enjoy it matey, I’m sure your retirement is well deserved.

I think everyone’s state pension should be based upon the amount of tax you’ve paid in your life. It would inspire people to work and declare more of their money. You could add in their bonus schemes for service men and women of this country who currently get treated appallingly imo.

Lots of isa’s being topped up, some with a nervous disposition and some making their little percentages.

Paul said in September we need to deliver Morocco and I believe him. Frustrating as it maybe at times but not long hopefully.

Morning Bob,

Hopefully it’s a blue day.

I’ve got footings being dug and poured on one project. Rendering being done on another and a gang of bricklayers on another 🙏🏼😂

Morning,
I do not wish to get into some sort of debate regarding this jonmo but you state “not what we wanted”

Paul did not give us an exit price, he gave us an example of what price they would be looking at for around 40bcf.

I had to listen a few times and also got the wrong end of the stick first time around.

As grh has stated I also don’t believe we will be giving anything away for free.

We signed agreements with interested parties a king time ago when a jv was mentioned.

I suspect interested parties and prd are a long way down the line.

Exciting times and the opportunities of a low share price keep coming along. How many more will we get?

We all get things right and wrong Sefton, human nature.

I’m sure they will return at some stage and it is never nice of course not. I have lost small amounts on my crash course in this game and I take it on the chin. I know that long term this isn’t my playing field without the help from those who laid the pitch. I work as hard as I can with what skills I do have in the hope that this pays off and I learn what I can. I’m sure it will pay off but I realise that I probably won’t see another potential opportunity like this one. Good or bad I won’t have regrets that’s for sure.

You just have to try to be gracious and dignified in how you conduct yourself along the way in all you do. You might deserve a bit of luck and the rewards that go with it.

Fingers crossed, 3 weeks, can’t wait.

I remember the names really well if I’m honest.

At a buy in of 30 odd pence seeing it rise to around £1.50p and they were about to flow test one could be forgiven that it will keep going. Sliced some at the price, sliced a little more as it went down to around a £. Had about half my holding left which was fairly significant. Read some advice and thought hmmm, perhaps I should take this public advice seriously. I did and sold out, todays price 18p.

The funny thing is the person that didn’t like the advice and was a little unpleasant in articulating their feelings had warned me before. The company was of course 88 and I saw my profits disappear. The certain poster felt the need to rub it in quite unnecessarily even after I had publicly admitted that they were right in this instance. They warned against 88 and promoted panr, I held both. I held 88, averaged down and waited for the next run. It came and I wasn’t greedy and walked away with a tidy sum, lesson learnt.

Shoe is rather on the other foot at the moment. Took some public advice from someone with far greater knowledge and walked away with not only my money but a tidy sum.

Gracious in victory and gracious in defeat is hard to live up to sometimes.

I think you’re spot on as usual Keith.

I was guilty of misinterpreting the podcast. I didn’t listen to it when it was aired as I was busy. Made the mistake of reading all the boards etc before listening to it which lead me down the path.

I will listen to it again this morning with a clear mind.

Fair enough and each to their own.

Some people don’t like to bounce their ideas and opinions on public forums where they’re likely to be abused and ridiculed if they’re wrong or unsure.

Some times these places are more relaxed for people to communicate.

Sometimes people want to invest but don’t have the necessary background or expertise to feel comfortable in certain environments.

They’re of course at more risk without people generously donating their time and expertise pointing them in the right direction at times.

It’s all good and takes all kinds for the world to turn.

Small groups of decent lth’s is the way forward. The bigger groups are full of numpties and traders.

When you have a decent group of people with the same intentions, morales and principles it works.

It is also a place to have common conversations now and then.

Each to their own of course but at least you can delete complete prat’s and not have to read their shyte.

Have a great evening and look forward to the coming weeks leading up to the presentation.

Looks like you will have a good day surrounded by good people, lol.

Wakey wakey!

Happy birthday in advance of the 18th Graham.

I’m sure you’ll be surrounded by good people and will enjoy your day.

Emotional and mental scaring can be a decisive factor in one’s decision making when they actually have a winner.

I can’t say I blame people for whatever decision they make. We all have different risks and different circumstances.

However, if all the signs and research pass the fundamental test then it is only yourself to blame if you let go too early.

There are shysters out there for sure that couldn’t care a less about shareholders. Important to understand the people just as much as the companies prospects before laying your money down.

Something I’ve learnt very quickly and luckily still have my shirt.

I’ve mentioned a few times that I have saved a small fortune by following public predictions made by grh.

You don’t need to discuss very much at all or be told what to do, certainly not.

Follow the winners, understand the processes and put as much effort in as your intellect will allow you to.

Research and understand the characteristics of the people involved and you can make a fairly informed decision.

Fool me once, fool me twice is another one of those things I live by.

I try and live by a few fundamental rules.

One is that I ask myself what the world would be like if everyone was doing what I’m doing. Imagine for a second that everyone was doing what you’re doing and acting the way you’re acting.

Just caught up today.

Good post keith and your post Grh referring to Adnan being positive holds a lot of weight imo, very exciting.

Paul mentioned in September that someone else would drill the oil in an ideal world and he wouldn’t want to put a price or volume on it at the moment. Assuming this still holds true perhaps any deal could be based upon further exploration?

Perhaps if you’re correct again grh it may be easier than he first thought and with some revenue we might go for it as well.

As we all assume a major would want to 3d the lot which would take some time and we wouldn’t have operator-ship at that stage. Not sure that Paul would want anything to do with that.

Perhaps the major could buy up some drones and save themselves millions and years of 3d seismic, a little sarcasm intended.

Anything happening at mou 1 Keith?

Testing update in due course and around the planning of mou 3.

P.s Some aren’t here for 1.8tcf, LMAO!

Let’s see what we have shall we!

I don’t know much about takeovers and M&A’s but I know someone who does.

There are several milestone percentages for takeovers etc.

It’s not as straight forward as a 51% majority.

Paul has made it harder for sure but not impossible.

As you rightly say it would come from a much higher share price and we’d make money but not as much as we should or could.

I think wires are getting crossed somewhat in terms of the valuation of what mou 1 should be worth and what the rest of the licence will yield.

Not a chance will anything be sold until all three wells are finished and tested.

Unless his hand is forced or someone comes in near what he believes it is worth for a certain percentage.

I think Keith is trying to show valuations on what we currently know to help those who may not know or want to understand the scale of this thing.

Not a chance he would sell for 800 million imo.

How we move forward from here I’m happy to leave in his capable hands.