Member Info for gordon1237

Probably a sensible approach Steven. You can drive yourself nuts trying to work out what's going on. Being a retired old git, I can't help myself. No rns, so it's hard to understand what the hell was going on Friday. Will probably drift down again. Atb.

Agree absolutely Towzer. After that, we heard multiple times that approval would be " In the coming months". Then in early July Roland said in an interview " the next 3 months or so". Just shows that they never had a clue how long it would take. In all that time , not one rns giving an apology or reason for the delay.
By the way, the Oz Market can move on rumour. On 15th February last year they suspended trading due to a rise, with massive volume. That forced them to announce they were trying to buy the rest of Cambay.
Interesting to see what happens on open today if there is no rns. Atb.

I'll drink to that Boothy. Gla.

Hi Steven. Been a while.
Finding this very hard to call. All we ever seem to do is wait, for news that is always just around the corner. You'd think yesterday's massive volume must mean something something, maybe GOI approval or production restart is imminent. Either of those might give a decent boost to over 0.3. Just a guess really. If approval had dropped months ago as expected, we would be at a better level now.
The real crunch will come when the results of the refrac on 77h come in. If those are really good it would enable them to secure a much better jv deal and who knows where that would take the sp. No idea whether the refrac is still on course for Q1.
If they are not so good, doesn't bear contemplating.
I know that is pretty vague, but the truth is nobody really knows. Personally, if it was to go to say 0.4 again, I wpuld probably bail out again snd wait and see. Atb. Gla.

Sausages. Skin in the game? Gla.

Hard to know what to make of today. Massive volume, the most since April. Massive buying, but also massive selling. Hopefully, all will become clear next week. Gla.

Of course, now not until Sunday 11pm.

Oz doesn't open until 11pm our time. Gla.

Hi QS. I get it from Investing.com which is showing
657 million. If you look at the trades on this page you will see many marked unknown which can't be included in the buys and sells. Atb.

Yes agreed. Atb.

Agreed Bmdjf. Get the strong impression that carbon capture /storage will be the main business of the company at some point. Gls.

600 million traded. Gla.

Conger. You say " two other fields". West Kampar is one, what's the other? Atb.

Passed 500 million with 3 hours to go.

Just passed 400 million traded, up 14%. Wow. Gla.

You'd hope so boothy, but we have had this sort of thing before, which has come to nothing. Hope it's different this time. From a selfish point of view, hope news doesn't drop this morning as I have to go out soon. Atb.

93 million traded in the first hour. Gla.

They did say at one point that they expected the initial flow rates to just cover costs. Nevertheless, it will still be cash flow, for the first time in 3 years. Gla.

Elegance. I covered this on Tuesday.
" This from the last quarterly report with regard to 77h.
" C-77H had initial production levels of up to 1.0 mmscfd. The Company believes that a successful re-frac stimulation will increase production levels by 3 to 5 times." I think 73h was similar. From memory, just before the wells were shut in, the rates were down to about 10% of that. They did say they were expecting the rates to go up again, even before refraccing, due to pressure build up over 3 years. It as you say, the refraccing that we are pinning our hopes on." Atb.

You were right boothy. Another late rally with 130 million traded.