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My understanding is their share, whilst paying 46%, is capped. but if the drill goes over £15mn then they sill have to pay 25% of the drill costs? Surely EOG will need a contingency?

do we think eog will have to supplement their recent fundraise prior to rig mobilisation to cover any potential overuns on the serenity drill?

https://www.digitaladvertisingawards.com/live/en/page/nominations

could well be but as things stand we have no idea in the CPR for the target?

yes but the volumes used for calcs and in CPR do not include lower tertiary.

yes, the same target as hammerhead. but the CPR does not have volumes for lower tertiary. so how are these figures impacted. thats all i am saying but some people cant talk without insults

clearly - just my pennies worth. I will fall into line. no more questions allowed. positive spin only

they didn't attribute anything in lower tertiary#. page 8 https://www.ecooilandgas.com/investors/reports-presentations/#presentations

next up is Joe. an upper tertiary target. an interval that appears to be dry at jethro

Sliced and derisked yesterday at 130p. some questions need answering. the pre drill resource figures eco announced specifically said upper tertiary and cretaceous only. no volumes for lower tertiary.

So nothing was found in the upper tertiary or cretaceous? so possible the discovery could be smaller than pre drill estimates#. ECO told us they would drill into the cretaceous with this drill. so how does this affect the volumes for the block? 4bn barrels best estimate was volumes in upper tertiary and cretaceous

yep 11 days is a long time

UJO will have no choice but to raise funds immediately after the drill result. Rbd dont but if they choose to the dilution will be much less anyway. RBD the better choice for me

podcasts now. i even get a cheeky mention

How much revenue did snapchap make in the first 2 years?

more likely 2p + on gas disco. gloves are off if oil is found deeper will go mental.

My take is different to most. I was skeptical at the start and probably still would be but BIDS have been caught up in something far greater than they first thought possible. its now a rush to seize the opportunity in front of them and thats what they are working toward. If they seize the opportunity, and with this team they now have every chance, then they become a blue chip. and thats what people are buying. once on all the dsp's, with the new gamification and exclusive contracts / tech the future earnings are limitless

NI - were you not pushing the now collapsed big risk investment case of DEB just a few weeks back? did you lose your shirt?

agree 100%. its about customer numbers and users rater than revenue. much like twitter, snap chat etc all loss making at the start and pre revenue. but valued on user numbers

not a good advert for turner pope when the opening screen is Sound energy

an average of 10 customers seated per day x £1 365 days = over £7mn revenue. then add in sponsored listings, promoted restaurants, restaurant of the week, advertising. you're looking at £10mn revenue in the next 12 months.

CEO and Owner = £200k p/a
10 Area managers = £250k p/a
other staff and costs = £550k p/a

£9mn profit.

pure fag packet and guess work but shows how these aims could monetise quickly