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If GW is after given up on Inft maybe he should redistribution his last share allocation back to current shareholders pro rata as part of that deal was to relist the company with new assets... which has at this point failed...and current shareholders take over the running and relisting of the company.
Yeah seems GW has lost motivation to drive infinity forward .. maybe its his age or health
how do the accounts look ... how many millions in the bank
main points of the call
ADM technical team happy with the well data
Deal structured so that most early cashflows go to adm
very happy with dbi credentials
best deal he ever made in oil sector
oil holders approaching adm rather then the other way round
another oil field 3km away might continue into license as an additional prospect maybe drilled next year also
we're incredibly excited and encouraged by the commercial traction we've generated in just seven months....note the word 'incredibly' ..that should say enough
shorters controlling the rise atm
telephony will be hugh one of those technology changes that disrupts markets ... wouldn't be surprised to see vodafone or a big telco to swoop for loop.
the growth rates in telephony is astonishing
revenue 2020 2.7m
revenue 2021 2.7m+620K plus proof of concepts for customers worth 5m plus 454 live enquiries
Dorset Council’s strategic planning committee for march cancelled again ... planning for the oil drill seems to be a pipe dream at this stage
topped up this morning...lets hope loopup dont slip on any more banana skins tomorrow
If the well was totally derisked ADME wouldn't be paying 1.5m more like 150m .. thats were added value and opportunity come in. What they do know is the well results and oil thickness and nearby fields productivity levels such as nambe creek .. so they can with reasonable calculation come up with 4000 opd ... usually in nigeria wells tend to exceed there origional estimates
as per rns
These reservoirs are similar to the high-quality reservoir in the Nembe Creek field which is located near the Barracuda field and has estimates of over 1 billion barrels of oil in place