Now I have calmed down I get it !! I just hope we can avoid any further dilution and that MM uses LP revenue to fund further GLOD exploration in future. I guess none of us will be moaning if Regus expands greatly and comes into production late 2019. Quite the opposite in fact but it was a bit of a shocker this am. ATB HH
I think things will be very different as we get to the half year. All being well we should have V5 up and producing with potential farm outs in place and more Wells drilling or planned. If all that happens who knows where SP will be but 100 is possible but as it's AIM could be where it is now lolz
I agree V5 should be a game changer. It would be nice to get a well drilled producing and earning with no dramas and show that the lessons are learnt. After that farm outs and processing deals plus further Wells should only push things higher. Time will tell but I am more confident than ever that we arw turning thw corner now all IMO obvs ATB HH
Well said Bonks. Logic says buy and hold and I you have patience you will be rewarded -probably when we least expect it. ATB HH PS thx to you and 162 for all your hard work I know I am not alone in appreciating it.
Hi Jarv totally agree it's all up to Toronto now. And I can't see anyway they would let their 20 million investment foul up for the sake of a few months running costs until our revenue stream starts. It's AIM so anything is possible but reason says thus will come good in time. ATB HH
If you believe LSE 11m have been traded today from a total of 1346Million in circulation. Hardly a rout is it?? Less than 1% traded not all sold either. Chill peeps HH
So the usual mixed bag. V1 has issues but a solution is available for $1.2m V5 being fracced is great news and could be a game changer PLUS the possible farm outs/in are very interesting. Oh and we are all cashed up for this year's work program with further money coming in all the time.
Overall a nice rns
Nice post very selective use of facts as usual. The point you gloss over is BT invested in EBIOSS who in turn are heavily into EQT who are on the cusp of delivering some big contracts. Yes EQT need funding but it is VERY likely this will come via EBIOSS / BT otherwise those guys will miss out badly. We are not talking huge numbers to fund EQT until H2 when the initial contracts will start to deliver funds so YES it's an issue but one which all the key players need to overcome -So they will. Everything else is some blokes opinion #worthless
Good post Jarv. The point being that EBIOSS is into EQT for 50%. EBIOSS HAS just sorted a finance deal and is very unlikely to sit by an watch EQT go bust on the cusp of new contracts starting. Therefore saying we have NO finance options is just a tad over negative IMO. GLA HH
It negates setantas post about Ebioss not having any money for sure. So many I'll informed or purposefully negative posters on these BBS. IGNORE the trolls
Jay closes by saying The well encountered hydrocarbons while drilling and the logs look great. If successful, it will be hooked up and into production as soon as possible thereafter; possibly within weeks.