Member Info for gordon1237

Jack. That is not Bluehope's heading as you put it.
He has merely clicked reply on an existing thread started by someone else on Friday.

Lol.

end of the day to 0.4

The 6th of April was a good example of what sentiment can do. It was the first trading day after Joe's upbeat interview. It peaked at around 0.5 and fell away by the end of the day to 0.5. Within week it was 0.3. The dilution with the raising takes us to about where we are now. Atb.

Yes of course there is potential pysblore. I was talking short term in the next few months. In that time frame we are unlikely to get the news to get over us back past recent highs. Jv news might or might not take us there depending on what % they give up to the new partner. Who know if it seems a great deal, sentiment might take it a long way on the day. Atb.

Well Steven, they previously said Q2 which would be this month.They are now saying next few months. So who knows. Atb.

Do agree ncar that sentiment and hype can carry it further than is justified by the bare facts. That is what happened on April 6th when against expectations I was able to get out with a profit at 0.407 and then back in at 0.24.

Bmdjf. They are intending to restart the two old Wells which since they habe have been shut in for years should have higher flow rates than before. However, they will just supply a bit of useful cash flow. The real boost will come if the new Wells using the new techniques produce greatly improved flow rates. This is very unlikely to be confirmed, one way or the other until late this year or early next. Atb.

France are favourite on Betfair with England, Belgium, Portugal, Spain, Italy and Germany not that far behind. Belgium are top of the fifa rankings but never quite seem to live up to that in tournaments. Bit tempted by Germany at around 9/1. Atb.

Jack. Don't want to seem too negative, so I will add that if all goes as hoped, they may well gain the expertise you talk of. Gla.

Jack. Bhandut dates from way back. It is certainly not experience gained over the last few years. It was never a success and was sold for peanuts. They may get a little bit in consultancy fees.

Bit baffled by some of your comments Jack. How can Oilex over the last few years have gained more knowledge than Baker Hughes. They have done no new drilling in the last few years and have not as yet been able to trial the Baker Hughes recommendations.

Bit of an odd attitude Zag. I am an lth and against all expectations got out with a profit at 0.407. When it fell to 0.24 couldn't resist getting back in for a bit of fun. Like to think I base my views on the situation as it is now. Atb.

Personally I prefer a nice glass of Balling her. Atb.

Espen. The wonders of predictive text. "Dom peeing on". Lol.

TWB. There are loads they could of asked. Not exactly an inquisition but hardly surprising when it seems Share Talk are paid for "consultancy" by Oilex.

Fair enough bmdjf. However they need to raise a lot of cash long before they know how successful it is.

I think this phrase in the rns is significant.
" During the next few months, we will determine the Company's optimal participation level in the project and re-commence operational activities. Over the past few years, we have continued to review additional projects while also continuing to progress our UK assets. "
To me that implies they intend to substantially reduce their stake in Cambay and use at least some of the funds for the Irish Sea and maybe other new assets. Gla.

I think half of what Richard says must be tongue in cheek. e.g "some positive national press coverage this weekend!" LOL.
On a different note, I can see no filtered pists, so I assume, you know who must be banned again. Gla.

Why? There will be a 5 to 10% rise same as here.