Member Info for gordon1237

Conger. What I am struggling with, is if there is now someone willing to pay say 10 million for 40%, why didn't they make a pro rata offer for gspc's 55%? Something doesn't quite add up. Atb.

No problem Conger. Just hope you are right about what a jv will pay. Not convinced they will pay that much when they know what Oilex paid, but we live in hope. Atb.

Agreed. Espen, as expected, nothing new. Atb.

Hi Conger. At the risk of being accused of nitpicking $A4. 3 million is £2.3 million. However that is largely inconsequential. It is as you say, what the jv is willing to pay for a chunk of Cambay that is all important. If it was really £10 million for 40% that that would pay for the first two Wells with a big chunk left over. Substantially less and it looks a bit more tricky. Here's hoping. Atb.

Alan. If only! The 125 million is the previous losses on Cambay which can be set against future tax. Atb.

Thanks Jasper. That's what I was thinking. Atb.

What does this bit mean?
"The strategy includes enhancing access to the Company's UK/European based shareholder base."
More raising to finance future projects?
Gla.

Yes qs I have admitted that many times and it may well have never recovered but for the luck of Cambay dropping into their laps for a bargain price. Atb.

Espen. Hopefully, he will buy in at some stage for more than the piddly 15 million that Joe had which never inspired much confidence. Atb.

Not sure what you are on about qs. When it was at its lowest, I said there was no point in selling for an 80% loss. Then through sheer luck was able to sell for a profit at 0.407. Reinvested a little bit more than my profit for a bit of fun at around 0.23. If it goes to say 0.5 ish next year I may or may not sell, depending on how it looks. Atb.

Fair enough Conger. Let's hope confidence wins out over pessimism.. Atb.

Conger. Be interested to hear your reasoning for thinking it would go up that much on GOI approval alone. That implies that the only reason it has fallen from 0.3 is people thinking approval isn't going to happen, when surely it must be 99% certain. If a really good jv was rns'd as well that would make a big difference. Atb.

Clearly deranged. What would it take to convince someone like that? Probably not even getting Covid themselves.
Very sad story in the paper yesterday. Young bloke aged 34 father of three. Anti vaxxer. Before he died, he was begging others to get the vaccine. Tragic.

Wow, that's a diverse line up Callum. Not too sure about being grouped with Hitler or Gadaffi but it also includes two of my list of the three greatest most ground breaking scientists of all time, Newton and Darwin. The other one being Einstein. Atb.

Now you're just being silly.

That's encouraging Hannay. Getting ready to restart the old Wells hopefully. Presumably that doesn't need to wait for GOI approval. Atb.

0.178 to buy on Barclays. Wtf.

Yuri. You are obviously just trying to rescue your credibility. I will say one last thing.
You said you couldn't reveal your reasons on here and then claim it was to wind me up. Really? Just me? Also, you spent two months posting negative comments before saying you were out. Some elaborate wind up. Lol.
I suggest we stop this discussion now. We must be boring the **** out of everyone else. Gla.

Nice try. Lol.

Yuri. I am not remotely bitter. Not holding any sort of grudge, not in my nature. If you admit to not telling thd truth in the past you must expect to lose credibility. No point in discussing this further. Let's concentrate on the future.