Member Info for gordon1237

Ssccss. They gave a pretty good indication last night. It was only discounted because people (including me) didn't want to believe it.

I mean, do not people remember, or if not, look back at previous rns's and see one that says refrac funding secured. Gks.

Well done Jasper on speaking to Roland. So it would seem if you ring, you get to speak to the main man, whereas if you email, you get a reply from a PR company.
Still baffled that anyone thought the mention of funding meant for anything other than for the new wells.
No idea, after today, what will happen tomorrow. Guess we'll get another heads up on asx tonight. Gave a pretty good indication last night. Atb.

That's even true to a degree with real professionals, Steven. Very few managed funds beat index trackers over a sustained period. Stb.

Wow. What a recovery. Wonder what sort of spike we might have got, if both bits of news had been in one rns. After today haven't a clue what will happen tomorrow. Gla.

They are despondent because of the sp drop, not the news.

Can't for the life of me understand how anyone could read that rns and believe a placing was imminent. Can't they understand a few simple sentences? Bizarre. Gla.

Jack. What's your evidence for that? Atb.

I'm still waiting.
https://youtu.be/Q_pfnLybgCY

Thanks BP. Atb.

Conger. Agree that the delay caused the drift down but I was comparing it with April when we were optimistic it would be quick. Also agree about irrational narkets and was hoping rather than expecting that might have presented an opportunity today, similar April. Atb.

No Zag. You didn't get it wrong. The funding is further down the line and will be via a jv if refrac is successful.
Iain. Where have I deramped? Just commenting on what is happening.
Formul. Not filling my boots. Happy with my current holding. Atb.

Toptuf. Although, I moaned more than anyone about the ridiculous delay in GOI approval, that was never going to be the big one. Think about, when the big news dropped in April the intra day peak was 0.5 and close around 0.4. With the 35% dilution since those numbers are equivalent to 0.33 and 0.26 now. At that time we thought GOI was probably only a month or two, maybe weeks away, so it was pretty much priced in. It's the refrac results that are the big one. Gla.

Why not Aiming? There were plenty of sales over 0.25.

What you on about Zag? There is no extra funding.

Unfortunately, looks like we will do well to finish up on the day. Roll on the refrac.

Well, it is up 50% in 3 weeks. 5% would be hardly worth the bother. There will be plenty in between who could make a worthwhile profit.

Wouldn't be surprised if there was profit taking from those who bought in prior to the recent 50% rise.

Agreed asx is irrelevant most of the time but when big news drops it takes off, same as here. In April it went higher than us, short term. Gla.

goes to show how easy it is to get carried away. After last night's news, even I was hoping to get to 0.30 to 0.35 today. The Oz close is equivalent to 0.26 here, so if we do a bit better we may gain a bit of ground. Dont forget we are up 50 % in the last three weeks. Trying to be glass half full (just for you Yuri), we would have been pretty pleased if it had stayed at 0.16 and gone to 0. 24 in one hit. Guess, we may go up a bit more this week if we get news of production restart but the real s**t or bust moment will come with the refrac results. Gla.