Member Info for gus0

POC- I am still stewing on why the board are seeking a decent FPSO that's good for our asset. It has to be a final box ticker for a finance deal rather than farmout, usually this side of things are taken care of by the investing company farming in who have the agreements/relationships already in place for the equipment. ??????????????????????

Hi Phil, the market isn't rational and never has been with anything. It either over reacts (up or down) or doesn't react at all to the obvious. It's the only chance people like us have against the market, patient and waiting for the next big thing to happen which in this case is very soon. Really curious (actually inpatient) to see the details of how this will be funded, and my gut says it will not be through a huge giveaway farmout.

Interesting reading the RNS again and the presentation, clearly the board are now actively seeking a FPSO for us on Darwin. And that's why they are assessing the production volumes, because redeployed FPSO'S process less than 50,000 boe/d and around 30% of FPSO's process less than 25,000 boe/d. Also top side never matches the field requirements usually so some work is required. Now the curious thing is why are they doing this, if the finance isn't already on the table? And will it really be a farm out or will it be some kind of external financial instrument, bonds etc....?

I think we are definitely without a doubt near to a conclusion and a whopping re rate for Bor. Exciting days ahead

Should be time to head north I think with the current sp price, bidder squeeze isn't working and I think the ask will be taken out soon. Stagnation can only go on for so long! As for cryptic Ant, as far as I remember this has been the only RNS since I have been invested (many moons like you) that the RNS was clearly cryptic, the board are usually brutally honest with their constant negative RNS's. This one is definitely different and I am very hopeful that something is in the bag finally after all these years.

Ummm is the farm out in the bag? Interesting comment that they are fine tuning the production volumes that would allow redeployment of FPSO vessels that are available (NOW). Why do this if the first part isn't signed off (drilling)..........

Long term- "over the coming months" since June is still quite valid ????????

falky- every one that has come across you hates you, you are utter scum and thick as sh*t. never once posted about false buying or selling d head and never will. thats the last of communicating with you, even the d heads on the other board hate you and they are proper******!!!

Market dealer you utter fool, WTF are you on about. It's nothing to do with you and yes I can post when I buy and sell without your dribble face poking your nose in. Ferkin thick numpty who everyone hates.

I picked up a load at 1.97p yesterday which showed as sells. The disconnect is unbelievable here at the moment, price should be at 4p minimum even on a 99% risk basis!

Current 10+10 = 3 here. Doesn't make sense at all, fully funded till end 2024 and in the later stages of farmout discussions. Some snoozers really will be losers I think.

RNS can drop anytime

2.38% up, told you it was all BS. We will be on the way back up after this attempt, there are no sellers down here so we go back up. Lets see next week

Not me, it's total BS anyway. Market makers making a market, that's all it is. It will ping back up soon enough when they realise there are not many sellers in the abyss. Nothing has changed, apart from patience for a few.

£3.20 uncrossed trade just knocked 20% off the m cap, gotta love AIM!!

90 USD Barrel shortly, now or never board. It's gonna seal for farmin or prepare the takeover and with T/O the board will be ousted.

Tick tock Tick tock

Thanks Phil. Not that Argentina has any real air force, they have a few training kets that are wholly inadequate and 6 active fighting hawks. Shambles of an air force in reality, plus as the Argentinian president recently quoted-“There are no war problems, peace is the common denominator between us,” I think we can all be reassured that 1982 won't happen again ever and oil production will commence very soon.

A very apt name Pleb, perhaps change to clueless rather than Worldwide? Geo political situation down there isn't worse, it's fairly stable despite Argies mouthing off. Fact of the matter as recently reported in The Express is that Argentina would get utterly battered if they revisited 1982 again. Argies have less military resources than even back then plus the FI are well capable of their own defence- Rapier anti aircraft systems, typhoon jets, 1000 soldiers+ naval presence . You mention flow test, our asset isn't a sticky heavy crude stuck in sandstone and rock- its highly liquid and moveable (perhaps read RNS about how liquid it is)

Development costs and economic model all in the reports and this will get farmed into shortly which is why I increase my holding constantly.

Just had a nibble today with 119k, couldn't help myself. News is soon

Profit- The BB buy when they have a plan, 1p or 5p doesn't really matter for the long term- they are not traders but holders.Holding stock is the game with no trading because of one thing, when the RNS hits- 1-5p or even 1-10p will be a distant memory. Big investments are 10-20 years+

Exactly when the volume is so low the MM's have full control, anyone can almost. Me or you can stick orders through the exchange to have some control! Look at the stupid buy order today at 2.1p for 9000 shares! There is no demand up or down right now, the normal way is down to create some interest so let's see if we can get back to 1.5p with some luck. If we can I will do another big top up however we may well be at the low right now. News soon..........

Looks a bit suspicious to me, gave a few away and 500k on the ask at 2.1p. Whats the betting that will be taken out? Same player on both sides of the fence I think, to create a bit of panic and a sell off???????