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Or sell it on.

Looks like ADL has some serious value there.

I see you are giving investment advice, again.

So everyone is fully informed, can you confirm how much you lost in your personal name and how much in your SIPP?

People will then be able to take a view on how good or bad your investment advice is.
xx

They had really bad tornadoes and lightning storms just to the North of them in Oklahoma.

OK and TX weren't bad at the same time but it was pretty bad for both: Fort Worth was okay.

If the ground is sodden it is difficult to move heavy vehicles across them. Last year they had a rig stuck in the ground for around a week; it got stuck and it couldn't be moved. It isn't just the bad weather, they have to wait for the ground to dry out before moving heavy vehicles across it.

I am not suggesting that the weather has messed things up, just that it has slowed things down.

DYOR

Thank you for the kind thoughts.

I am pretty sure that the new Attis shareholders will be keen on CW having it away with the company's money.

Well funny you should raise the point of multiple purchasers buying less than 2.9%. The problem is the fact that you suggest it, that it raises the question, are you a concert party?

If you are a concert party then you need to disclose, 1 that you are a concert party and 2 when your combined shareholding is over 3%.

Already had a chat with AB about this point.

FYI I have some of the 0.51p shares with warrants and expect to do very well in due course.

DYOR

If you go back and have a look at when his TR1s have been issued and the trades for the relevant days you will see that is he is selling via a combination of matched bargain and in the market. It is possible to match up his trades with the disposals declared on the TR1s.

It looks to me that he sold another 1mil shares in the market on Friday.

Anyway, I still think we are due a TR1 from somebody,.

DYOR

It seems not, unless both UOG and Baron Oil are lying.

Well 98/11a-6 encountered oil in the Sherwood sandstone of the Colter South Prospect, Licence P1918 offshore Dorset. Re-mapping and evaluation is underway to determine route to commerciality
· Adjacent Purbeck Prospect and other leads in onshore PEDL330 and PEDL345 upgraded by shows in the Cornbrash formation in 98/11a-6z side-track

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/BOIL/14093208.html

If we take what Brian Larkin said yesterday and what Baron Oil has said today, it looks like there is value at Colter and the surrounding licenses.

DYOR

Don't think so. You already know they are behind schedule because we have had no RNS.

Check out the weather: it has been appalling. I would post links but you are a big boy I am sure you can deal with it yourself.

DYOR

Nearly out but no TR1 for the other side.

A few: Priyank just bought £3.74 mil.

DYOR

https://www.elephant-oil.com/location.html

Allada has circa 117mil barrels of oil in it.

https://www.investegate.co.uk/elephant-oil-limited/rns/benin-farm-in/201903111143354801S/

DYOR

https://twitter.com/Share_Talk/status/1135146572310753280

Brian Larkin of UOG says that he wants another partner to come to the table before executing on the option for Benin. Ie., he wants to proceed if the right partner comes in and there are several parties looking at it. So the seismic has firmed up on Allada and it is a goer.

DYOR

https://twitter.com/Share_Talk/status/1135146572310753280
Larkin reckons it is not dead.

It is probably down to how much time they lost because of the bad weather in Oklahoma and Texas. How much time they lost I have no idea.

I have not suggested that anyone buy JMS shares or that anyone should buy RRR shares because of its JMS holding. I am merely following through the logic of the situation. It seems to me that you agree with me the JMS holding has a substantial value and is likely to be greater in the near future.

What RRR does with the holding or the proceeds from any sale is a separate matter.

Anyone who has bought RRR shares because they expected to receive a stream of dividends has got it mixed up with Glencore: an understandable mistake but nonetheless still a mistake.

DYOR

https://twitter.com/AmberMining/status/1134882499329515520?s=19

*he doesn't have ASD6.8mil to waste.

So the CEO of JMS buys ASD6.8mil of JMS shares and you say what does it matter?

Scenario

1 Priyanka is not a complete idiot.
2 He doesn't have ASD6.8mil and is buying the JMS because he thinks they will go up in value
3 Currently the RRR JMS holding is worth slightly less than RRR's market capitalisation
4 Priyanka is right and the JMS share price goes up. We will have a situation where the JMS holding is worth significantly more than the current market capitalisation of RRR.

Why is he buying now? Locked in sellers can now sell and the Mt Ida/Mt Mason gig is looking good.

Once the sellers are out and news comes on the Yilgarn, the JMS sp will motor.

DYOR