Member Info for highlandmatt

Jeez. Give it a rest. Every heard of operational risk? Things go wrong, folk make mistakes, timelines slip. It's called reality.

Had another little nibble this morning. Share price fight back starts here.

I don't buy that argument. A signed farm in proposal would demonstrate ability to proceed.

Https://www.bbc.co.uk/news/articles/cm2ww0e0jewo

WITW - Sure. No-one has been buying Rockhopper all these years as they had outstanding litigation on one of their projects...

Yep, me too SirMark. This is the inflection point of maximum pain for LTHs. We've had the facility costs, declines, one-off costs, capital raise. Now it is time for increased production and income.

There was a suggestion that Q3 would be poor. This was Q2...

Production: Averaged 4,399 boe/d in the second quarter of 2025 (69 percent natural gas), compared to 4,317 boe/d (72 percent natural gas) in the first quarter of 2025 and 5,432 boe/d (77 percent natural gas) in the second quarter of 2024. Second quarter 2025 volumes include approximately 1.5 months of production from the Central block acquisition, which contributed approximately 1,910 boe/d over the post-acquisition period.

Q3 will be the first full quarter of Central Block. We know from the presentation that July was 5,300boepd and August 5,152boepd. We also know that CB has been optimised and production increased. So we are nailed on for Q3 production to be greater than 5,000boepd, and could be quite a bit higher. So, up 13% (for 5k) or 20% (for 5,300boepd). Also, should be a better price average compared to Q2.

So, the headline figures may surprise in terms of 'increased production and sales.

No, you were kicked out for being abusive and derogatory, even after being repeatedly asked to moderate your language. It's not the issues you raise or the questions you ask, it's how you treat others. As one of my suppliers once said "we may disagree, but we can be civil about it".

Placement done. Covenants cleared. Cashed up, ready to drill. All eyes on next news being Mou5 hookup (early next week?) and Q3 results (13 Nov last year).

I think dividends are a long way off at the moment. I expect all funds flow to go in to development drills and paying down debt.

Taken another nibble at 11.65p.

Cas 5 is on Ortoire pricing. It is the new well on CB that will be at the higher pricing.

Folks that bought at 0.3p taking their profits?

One of those is mine. There is no way the best lung cancer test in the world is going to be worth only £5m.

Thanks Croxie. Looks like a concerted claim by multiple parties is in the offing.

Quite a while. And I will admit to having been consistently wrong due to declines and dilution. But answering a question with a question?

What is 'the average punter' you refer to Navigator? Is it defined by amount invested? If so, small amounts can be invested at 11p just as well as any other price point.

Confirmed. I have bought at 11.19 as my broker isn't on the bookbuild list.

...we get a little boost with oil going up today.

My experience on this board is much improved by filtering him/her.