Member Info for FORD707

As I’ve said, perhaps it is a little early for that share price but not beyond possible. I think you may have read a couple of things wrong there. Not one for long discussions either but discussion none the less. I’ve put mine across with my view of the situation, perhaps very optimistic perhaps not, we just don’t know. If people want to keep firing go for it. If people want to have a go and answer the question then great, I’m all ears.

I like the post erb and 50p would be exceptional. Mou1 valued at £1.46 by Pg, mou2 described as a sweet spot and would go along way to proving the rest of the licence as I mentioned. Perhaps a little over the top but we’ll see won’t we.
Good luck

All ears Redbox

Perhaps Mem and of course we need success over the next two months. We’re surmising of course but mou1 coming in as hoped and slightly better. Mou2 being even better and commercially viable, why couldn’t it be? There is no way we will all think the same but great to revert back at some stage. The question could be, who will still hold shares by then.

Charlotte,
I do what I say and I say what I mean within reason. Mental health and other peoples issues are more important than me calling people names etc, which is why I don’t. Certainly try not to anyway as my feelings should not effect others. Yes I have little experience and I’m not pretending I don’t. Everything I’ve been in so far has risen and dropped with little real value added to such companies. I’ve made money which is good but the potential here is my risk and I’m not going in with my eyes shut. I know the risks and have posted such feelings many times so am very aware. I’m in for the big pay day and not interested in longevity in this sector tbh. I appreciate the warning but feel it was a little patronising. I’m a big boy and deal with a lot in my own right and have been fairly successful most of my life, I’ll be fine either way. Thank you for the concern. Anyone else wish to share their valuations?

Absolutely nothing to do with me but I think you’ve proven a point Mem of exactly why info wouldn’t and shouldn’t be released to people. Private conversations should stay that way in my book.

£3-£4 this Xmas if mou1 comes in as Nutech analysed and mou2 yielding better and more than mou1. Perhaps it is optimistic and will probably prove the case, however it is all conjecture at this point, certainly from a construction company owner. This is open for the more knowledgeable to comment and I hope they do.

I think it’s a great question tbh and one that I’d certainly like one or two peoples opinions on, so I’ll start.
I hope that we’ll drill and test mou1-2 by the end of October seeing the sp rise on expectation to around 20-25p. Then I hope that testing proves Nutech’s analysis valuing us at around £1.50p per share for mou1. We’d expect mou2 to yield better results than mou1 so I’m hoping we can sit at £3-£4 based upon those around Xmas. However, great results from these two wells could and should go a long way to de-risking the rest of the licence thus generating a substantial interest I’d imagine. If we had these reserves from mou1-2 then we should raise against it and prove the rest of the licence. Assuming we didn’t get a suitable offer along the line. Let’s say it took a year to prove up and mou1-2 come in as I’ve hoped, valuation of the whole licence? You’d have to say at least ten times the value mou1 based on the sheer size. With no buyout/dividends etc, we go alone and prove up over the next 12 months £15 per share. I own a construction company and have no experience other than investing for the last 3 yrs with minimal but some success. I’ve not considered any oil findings in that and yes I believe it’ll be more but I can’t even bring myself to write a higher number. Tbh I’d be bloody ecstatic at £1.50p but will I will hold until I feel I’ve had enough. If we get to a curve with Morocco I’d probably still keep some investment for Ireland if that hasn’t come to fruition or completely fallen on its head. There we go I’m done, look forward to checking in later on.

My email address is -
info@flirtygirty_arselicking.co.uk

No need to hobble there buddy, I’ll pick you up no problem, send me your address.

The kind of person that has to behave around certain people and certain circumstances. Being a different person in different circumstances does not bode well for you overall as a person. Being yourself at all times should be all you need. Obviously at times we have to curb our lips etc to be professional and empathise with people. You sir sound like someone who kicks their dog when they get in because you can. Will we be seeing you on the 8th I wonder?

Redbox,
You had a second chance to be amicable. What is your obsession with throwing comments around. If you don’t want to read it and don’t want to participate then don’t, it’s not hard. My old school teacher said “engage brain before opening mouth”Surely you don’t act like this in your day to day life. You may feel the things you say but they serve no purpose other than to make yourself feel better. When they have an adverse effect on someone else it really shows a massive flaw in one’s personality and security within themselves. I believe in learning from other peoples mistakes as it saves you making the same ones. This has a flip side of learning from other peoples success. Wake up and smell the bacon bud.

Good morning,

I don’t suppose anyone knows what the volume of shares traded since the rns stating the release of these 60 million shares? Just interested as I’d assume we’d be through most of them by now. Obviously we have to take into account people selling as well which adds to the volume. Busy day today so thanks in advance.

Have a great day all

Absolutely correct, rns 12th May. I knew he had changed from coo ;))

P.s I’m pretty sure Lonny is our CEO now not our COO, might be wrong.

On the face of it certainly seems that way. Potentially Ireland worth 20 billion over ten years. Morocco with mou1 worth 500 million and mou2 dubbed to be even better. If it is you’d have to assume the rest of the licence will yield considerably more. A lot of shares washed through from the placing and seems only one way from here. I’m expecting an update of some sort before next Thursday, just my opinion based on time scales really.

Good luck all.

I do agree that mou2 should be at the forefront of prd and us as investors. However, I do think it is very important to understand the problems that ireland are going to have, along with how our asset could come to fruition. No point scrambling around if mou2 doesn’t come up trumps, we need to keep the all the balls in the air imo.

Summed up nicely

Hi Keith,
That’s how I see it to be fair, weeks or a couple months. Certainly by Xmas we should see some significant change.

So contingent resources are known accumulations until proven that it’s commercially viable, interesting!