Member Info for G_G_G

They can do more for shareholders and still be careful and controlled. If they don;t want to do BBs they should do a liquidity sweep (as they have said they would), and pay a 2c quarterly dividend. This would also push the sp up by a couple of pennies and I wouldn't have to moan about them sitting on so much cash.

Fully expecting us to slowly climb over the next month. Providing there are no nasty surprises I think we'll be in the mid to high 30's before news on hook-up. If initial flow rates are as expected or better then we'll be in the low to mid 40's. Then it's all about execution and delivery of the next 2 wells. By end January with hook-up we're back to the 50's. TRIN makes no difference to this equation.

Can't say that 17k shares is what I had in mind for BBs when we're sitting on $100m cash. Wtf is with these guys. It's like they are saving for Armageddon.

The quiet after the storm. Incredible how we can shift the best part of 10m shares by this time yesterday, and now there's very little buying / selling. We touched the £100m mcap bottom again yesterday. Only question remaining is whether it will happen again before the winter months and LNG Canada hopefully change the dynamic. Who knows, Canada may even have the coldest winter on record this year, as unlikely as that sounds. Waiting for the 8's again. If our seller isn't done then we'll have plenty of opportunity to pick up some cheap shares over the next 3 months. GLA

Anon green boxes mean you don't get an alternative view, which is the only reason I'm on these boards. Live in an echo chamber with Bushy and you're going to lose a lot of money. Incredible how one can come back here and say 'best to get out now' when the sp has spiked to +10p and you get screamed down by day dreamers wetting themselves with their fantasies. And then it drops back even lower, more money needed, and the cycle repeats. Gold keeps breaking record highs and they can't turn a profit in this environment. Says it all. The other thing that says it all is the 5 year chart with gold being higher now than it has ever been during this time. Debt repayment are going to be USD+15m per year in interest alone. Principal is a whole other thing. Gamblers.

Agree, it's one of our IIs. Problem is some of them hold +100m shares. There's a lot to offload if it's a big player wanting to drop a few %. The below statement stood out for me. They're obviously working on some deals. Question is what sort of deal is being done for Simonette Montney...? Happy they're going down the debt financing route. They've clearly learned lessons from the past mega-dilution events. Hopefully they will offload some more non-core assets to give us some more cash in the bank. I'm back up to 4.1m shares here with average at 9.85p. Will continue buying down here. Have a feeling we'll be in the 8-9p range for a few more months with this seller about. Hopefully Q3 will be the last of any bad news before we get the expected run up from Q4.

'The 2024 capital programme will be fully funded from existing Company resources and is designed to balance

growth, financial discipline, and a sustainable long term-dividend through a predictable development-focused

programme, all while positioning the Company to commence its Simonette Montney pad development drilling in

Q1 2025. To accelerate development of our very substantial Simonette Montney drilling inventory, the Company

has commenced evaluating options with third parties to finance an expanded drilling and infrastructure

development via asset backed debt financing.'

so many years of being wrong bushy. i imagine you've lost a lot of people a lot of money with your !diotic ramping as well. i come back here every quarter to remind people they are dealign with a charlatan in db. and every quarter the day dreamers take a kick in the nuts then start dreaming again. i had arguments over the difference between shg and this bag of ****e and still posters couldn't see the numbers and track record of mgt in front of them. shg got taken out in a didgy transaction. but you would have made 60% profit from when i first raised it as an investment. in hum you have lost 20%.

db is a h@lfwit trust fund baby. and daddy will always have junior's back as ceo. you've got a better chance of not losing your shirt going to the casino. if their backers decide to step away this goes bust. not a great position to be in.

and we finish up on the day. bad luck for those who **** the bed this morning. fully expecting the sp to increase over the next month. reckon we'll be in the mid 30's before we get news on casc 2&3. from here it's a quick jump to 40-45p. and by year end the 50-60p channel with two new wells to be hooked up. all looking good so far.

thunder, if you're a holder here and don't want to end up with txp shares then i suggest you sell in the 50's while you can. it's going to be very, very difficult for lol to close this deal. there's a lot of legal ramifications, plus there's little chance it will get voted through due to the irrevocable undertakings, plus the fact that txp will be safely in the 40's come q4 (so equal or better than current offer). txp will be punching out 13.5kboepd by year-end, and have another 2 x wells about to come online. do the maths and work out the likely sp. if you ask most txp holders they don't want the bag of **** that is trin assets, which is why the sp dropped over 25%.

the only way trin gets out of this deal is by paying txp handsomely to drop the agreement. trin mgt have nowhere to run, and if txp close the acquisition as expected, they will also be out of a job immediately. quiet funny watching this play out. trin bod must be absolute m@rons.

if you didn't have your head so far up your @ss you'd be able to see such things.

Officially the highest volume day of the past year. Def a big seller in the b/g. Going to be bargain territory until they finish. Hopefully a few more weeks down here so I can pick up some more in the 8's. If LNG Canada does its thing and poo stays around $80 over the next 12 months we're gonna be at least 50% higher than now. Divi yield down here is now 11.5%!

Don't be surprised if we finish flat and the sp starts to move upwards in the coming weeks. The RNS was quite good providing Casc 2&3 remain on track. The uneducated here dumped on the decline in annual production. The driver of value of course is future production. And once they have executed the next wells there will be a decent re-rate (+40p). Hopefully we either get our money back on TRIN, or we get the assets. One or the other will do. GLA

Jesus, plus 10m volume and it's not even midday. Confident there is a big b/g seller now, especially if we drop back into the 8's over the coming days / weeks.

Very funny deepjoy. No I made a lot here during the pandemic and can't help myself coming back. At one point I had £1.3m in i3e (sigh). Unless war breaks out in the ME I don't see us getting back there. Would happily settle for 18p takeover though.

Glad I bought the dip this morning. Reckon we might re-visit the 8's over the coming months if indeed we do have a big b/g seller. Q1 2025 is when things will get interesting.

Anyone following here shouldn't be surprised by the results. I fully expected the forecast exit and average production rates to come down. Thankfully they have done what's required (for now).

1. Shown a better understanding of Casc geology, demonstrated by a flattening of decline rates.

2. Reiterated first production from Casc 2&3 prior to the end of September. I expect first production figures to be released in the first half of October (happy to be corrected if this seems too optimistic).

3. Re-allocated funds from Coho to Casc. They have clearly realised this is the goose that lays the golden eggs and they need to focus on it.

People also need to note the decline rates for Casc 2&3 that have been used to determine 2024 exit rates have been modelled on Casc1. I expect Casc 2&3 to beat initial production from our first 2 wells. Plus I expect them to have a better understanding of how to reduce the decline rates. So I wouldn't be surprised at all if we end up with closer to 14kboepd exit rates. And, in Q1 we'll have another 2 x wells coming online. Increased funds flow from ops will allow us to drill another 2 wells in Q2. And suddenly you're at 20kboepd (inc declines) by mid-year 2025 with no more than $30m debt. From here one can expect they can drill 2 x wells for the following 2 quarters and you've suddenly got 12 wells punching out +20kboepd by end 2025. Funds flow from OPs will have tripled per quarter. And the SP should be at least double.

As for TRIN, I think it's helpful they have included costs for the acquisition as this should be their negotiating point for dumping their interest. If they can get the $1.5m funds back from TRIN / LOL without having to go down the litigation route then it gives us another 1/3rd of a Casc well in cash back for 2025.

Good stable base for now. They need to demonstrate execution in 8 weeks with Casc 2&3 hooked up and delivering production at or above guidance. Drilling the other 2 wells in Q4 would mean early Q1 hook up and production. All within 6 months. This will be extremely attractive to investors and the wall of cash will look more of a certainty from 2025 onwards. AIMHO GLA

Actually make that another 250k at 8.87p just now.

There's the bounce off £100m mcap. Market loves round numbers. Just bought 200k @ 8.85p, and 230k @ 8.85p. Shame I've been buying at the low 9's as I could have picked up another 75k shares for the same price.

I thought I'd posted earlier that I thought there was a decent sized seller about but can't see it. Today is a top 5 volume day over the past 12 months. And there's been some reasonably chunk trades going through for the past 2 weeks. Not small stuff but 200k plus block sells. I know because I've picked up about 1m of them recently (sadly all above the current sp). The 2.5m trade earlier sure ain't small either. I won't at all be surprised to see that one of our major holders has been offloading.

Certainly have a target on our backs down here. If we get some good oil drilling results in Q1 it could get quite interesting, especially if AECO is sitting comfortably above CAD$2. GLA

Would be good if he did some interviews etc now. They release quarterly numbers that look great, alongside a sector leading dividend, plus cash build, and go quiet. BBs are raised but still nothing coming from them when we're sitting at 40p. Incredibly frustrating.

Hopefully a bit of upward pressure on poo in the coming weeks to tie in with our ex-divi date. How we're not in the high 40's is beyond me. Mgt doing a rubbish job of selling our story to the market. No PR to speak of at all. And incredibly disappointing they haven't resumed buy backs at this level. Mgt need to give their heads a wobble and recognise that shareholder value is part of their responsibilities.

Problem is AECO averaging sub CAD80c. Oil prices also below NOI estimate numbers. We're still throwing of a lot of cash, and with the sp retreat unbelievable value. That's not to say we can't drop further. My guess is Q3 will be the last painful quarter for a while. LNG Canada, steady production at 20kboepd, and some proper evaluation of our oil acreage in Q1 puts us in a 'darkness before the dawn' situation. Bottom I believe will be £100m mcap (8.5p). Anything beyond and I'll be all-in. GLA