Member Info for gordon1237

Interesting to see how the market reacts. Gla.

" collapse of the financial markets"? Must have missed that. Lol.

Now only a tad off the all time low of 0.065 in December 2020. Of course the company was worth even less then, as there were only around half the number of shares.

It maybe a false impression, it may be an unfair impression but it's hard not to feel there's no sense of urgency here.

Ssccss. I thougt I was buying on the way down when I reinvested in the low 0.2's and then averaged down at 0.16. Never dreamt it would go this low. Don't think it's anything to do with market conditions etc. If people bought the story they would buy the shares.
Agree about the placings. Just about every one they've had, the shares could have been bought cheaper afterwards. Although in the case if Republic, it is probably a case of propping up syn to protect their earlier investments. Similar almost no options have ever been exercised due to subsequent drops. One option expired earlier this year at 0.476. What does that say about where they expected to be compared to where they actually are?

Sausage. Roland thinks the methodology is sound. Most holders think it is sound. So why the hell is the wider market having none of it? Even if it was only a fifty fifty chance you'd think the sp wpuld be much much higher. Answers on a postcard.

Agreed sausage. I think the current drop may be in anticipation of those sales.

VF. I have no intention of selling. Equally no intention of topping up. Already back in far deeper than I ever intended and don't have the cash anyway. Over the last few months the rate of progress and share price decline have been massively disappointing. Still hope to get my money back at some point. Gla.

Now 0.07 to sell. It's a
https://youtu.be/WJcozEOWgxI

Agree with everything you say Eagle except it seemed dirt cheap when it was twice the current price. No longer sure what to expect when good news does arrive.

Silly me. Down more than 50% in less than 3 months is obviously excellent news.

How anybody can think this is a good thing beggars belief. An unmitigated disaster.

DP. Lol. Sure it wasn't trading gits?

Sausage. Yes. Lol. Shall feel confident about asking anything in future. On reflection, perhaps it was bad manners not to ask before posting last time.

Roland has replied.
" Gordon,
Gas sales are usually close to production since we cannot store gas once its been produced and necessarily sell the gas on a daily nominated basis.
Unlike the gas, the oil production and oil sales are usually not the same since we have oil storage facilities on our sites and oil is sold on a batch basis.
I’m happy for you to post this explanation.
Regards,
Roland"
So it would seem the extra oil sales ate from storage. Makes sense.
Also good to know, I haven't permanently annoyed Roland.

Ok percy, we get it. You're having a laugh.

I have requested clarification from Roland.
" Good morning Roland.
Very encouraging Tweet by the company yesterday. It showed that the gas production is remarkably consistent.
It also said that the total oil and condensate sold for October and November was 3000 barrels. This does not appear to be consistent with previous numbers in rns's.
On 21st November the total for October was given as 893 barrels. On the 1st December it said the average for November was 23 bopd or about 690 barrels for the month. This gives a total for the two months of about 1583 barrels, not 3000. This does not appear to add up, unless there has been some additional sales not included in previous reports?
Hopefully you can clarify.
Is it ok if I post your reply on a bulletin board, either verbatim or if you prefer, I can paraphrase?"

Agreed buci. Something doesn't add up. Requires clarification.

It's a thought Espen. Maybe they'll say in an rns.

Forget that. Wouldn't be enough to make that difference. Time will tell.