Member Info for gordon1237

Thanks VF. Interesting.

Thanks VF. Interesting.

They have said that the pump has the capacity to clear fluid from multiple wells. Obviously they are hoping for a much improved flow rate from 77h. They haven't mentioned applying it to 73h, but you'd imagine there might be an improvement there also. They also said it might improve oil flow from c19z. They havent as yet said anything about opening up any old oil wells or applying it to the ohers that have been producing oil recently. i.e

C-20, C-63 and C-72.

Echo that about cash Jasper. Even if the pump improves flow rates and cash flow they will almost certainly need some to tide them over until the new wells are producing.

Sure hope so VF. Atb.

No rns? Whither the sp today? Gla.

Bit of a disappointing end but 12.5% ain't bad. News tomorrow? Gla.

Now 0.1435 to buy.

C'mon Roland. Let's have that killer rns. Gla.

Thanks VF. They gave me a temporary password which eventually worked at the third attempt. Haven't changed it yet.

Conger. Lol.

Ah. Thanks Sausage.

Little rise. Let's hope it means something this time.

Anyone else had trouble logging in today?

When I tried to post earlier, for the first time in years, it asked me to log in. My password wouldn't work so I emailed them. Reset the password twice and still wouldn't work. Eventually they sent me a link and the log in worked from that. Weird.

Espen. Bullish every day would be better. Lol.
Looking forward to a wee dram of Jura or Laphroaig tonight. Good weekend all.

Why on earth does it blank out Q***t. Bizarre.

That 50 quid is probably ***** doubling his stake! Lol.

Guess we can agree that some sp boosting news is long long overdue. C'mon Roland get your bloody finger out. Lol.

Jack. I'll bow to your knowledge of the Indian tax system. Hard to see how that would work when no one knows the value of the asset. Nevertheless, they will need cash from somewhere to tide them over until cash comes in from the new wells.

They would only pay tax on any profits. The Cambay asset has accumulated massive losses. As part of the deal they took over gspc's share of the total loss of $125 million. So it will be a good while before they they pay any tax on profits. Atb.

Why would a cash injection mean tax?