Member Info for Hms687

No no don’t get excited, old Warren has not bought into these (yet). But I guess if I were near him I’d certainly tell him to take a serious look at these. It has all the hallmarks suited to his strategy.

Factor in costs of production ( is it $30 per barrel; then a fairly high taxation to Timor government; and then the actual price of oil going forward

But yes, I do agree, it is still a fantastic prisoect

Saint Tropaz : “
> Net 20,000 bopd to ADV will generate circa $350m+ free cash flow at the present price of oil..“

Why would you and almost everybody else here be guided by the number of barrels per day ?

As you know the well will not run forever so isn’t it better to use an estimate of how much total oil is there - last I heard it was about 30 mill barrels ?

emailed Mast about what ?

Hi Wyndrum, “the joys of ta” indeed”;
So tomorrow Tuesday it might rain or shine or just be full of snow blizzard, then again it might remain foggy lol

My advice is stuck long and it dosent even have to be that long term - just three or four months to at least triple share value

Having said what I e just said on my last post, perhaps this afternoon finally is that cliffhanger moment if it’s gonna break resistance or not.
Also factor that end Friday is most popular time to sell whilst Monday am is most popular time to buy.
PS folks, please excuse my clumsy typos where I get my I mixed up with my o - old age or bad fingers I guess

Anyways, who remembers Jaws (1) and the famous scary music as the shark swims closer- hopelessly just tried to type it lol

This share and company has had its fair share if reorganisation and restructuring which some of the longest term holders might elaborate on. My personal interest has been since a placing early this year when it was about 30 p but got in at 26 like everyone else around which time it was restructured in a 10 fir 1 basis ie 26p became sp if 2.6 p

On general point I believe some people are making this into a bit of a cliffhanger situation as to whether this will break current resistance around 3.7p

I believe it’s question if when not if and the longer term target is at least 10p by new year and perhaps double that by end year 2022

Good luck

Whilst I agree spud impact on sp might be overrated a bit we should still sees premium I’d say anything between about 4 to 7p
The real money however is going to be at tge turn if the year when we see tge results of the drill - to be fair Leslie Peterkin has always maintained that that’s when we might see some good “investor value”
Personally I’m coming into a very nice extra windfall early November to tge tune if £20 grand; I’d seriously consider ploughing it all here if tge sp is anywhere near 5p. My only hesitancy is that I could leave that £20k where it is to gain a cool £50 k by end 2023

As you all should know regards sp we’ve already been here two or three times before ie approaching all time high as well as resistance.

Because of factors such as nearing spud, confirmation of drill date; extra news worthiness, high global oil price and so on, my personal belief is that this time we may see a break upwards.

Good luck all

Forget cos; forget barrels/day; the markets will like money being made ie oil produced. My extremely conservative take :-
30 mill barrels ( Buffalo), divide by 2 ) Carnarbon) = 15 mill barrels @ conservative $50/barrel = ???

And that’s just on Buffalo. The mind really does boggle ( I need more wives to sell to but more Adv)

Serious question here :

Is the SP ever going to move? In fact in either direction. It seems to completely frozen.

What are people waiting for (apart from Xmas) ?

What I like about this bb is that there are many here with experience of ipo and other placements - it seems the way to goo for great returns but obviously not without risks either. I’m also in others like MAST .

In fact I have 27,500 shares at 40p in a company Called Medicaleaf and it’s not even listed yet and ipo planned 2023 - should be a nice multi bagger.

But they are not looking for any more investors anymore as the big guns wanna hold for themselves now- I also qualify for this edf malarkey too

My point is it’s always good to look at others

I only recently installed Tekegram

Can someone help as to how I get onto the adv discussion there ?

Saint Tropaz I think like usual you’re spot on on most things. However I do have reservations about your take in MM’s - they can be unusually diffucult creatures to predict .
Anyways, I think what happens at around 3.6p is going to be quite crucial.

If it breaks through I’m happy and if it retreats a bit I’m also happy to buy a few more. But long term there is no doubt - this is easily going quadruple

Shorting Adv, you must be joking, easier to walk barefooted on a bed of sharp nails. Perhaps worth a short term consideration on about 15-25 pence

I have half mill shares here but paradoxically I’m hoping fir a bit more placement selling next week so I can get a bit more ( no I didn’t remortgage just sold the Mrs instead)

Hazdogg “thinking it has found its base level”; in other words thinking it was the bottom. Famous last words eh lol The numbet if times I’ve also said something similiar over the last twenty years or so.

Fact is the placing was 2.6p and so actually went near to 2.0 p after too. So they’re still getting hefty profits - perhaps precipitated by other calls on their funds

The thing to remain focussed on is the fundamentals here which have signs that the so is just a fraction of what it will be by year end - a nice Xmas present as mentioned on the Lzp interview just yesterday

Now, where’s that effing Olson shark disappeared bust when you need him lol. The Adv potential returns even better than a loan sharks lol
Please all dyor etc and good luck

Plenty details in the interview re emphasised and yes some of the wider risks will always be around such as oil price and even silly things like geo politics; pandemics and evening the weather

But hey, look also on the plus side in terms of risk v reward. Oil price could remain high; more deals could be publicised and so on.

Normally on public posts I tend to be a bit conservative but you know what, I can see this hitting 20 pence within a year

Good luck all

Whichever way you look at it, the SP will be let’s say AT LEAST DOUBLE the current amount in a quarters time at spud.

So retail or large investors; overhang or margin calls or not. Why on earth would anyone sell at this time ?

I gave my answer here a few days ago

Yes, very conflicting and confusing I’m afraid. Even this very site in its info states market cap as £3.5m with just 103m shares circulation.
But yes the reverse meant 10 for 1 so actually 1030 m shares in circulation.
Anyways, I used to be a whizz kid with numbers but I had a stroke last year and simply not as confident anymore
The point is fir me that even if it’s just a 3 or 4 bagger then I will be very very very happy lol