Member Info for Hms687

Sidetrack operation should have been completed on the 22nd (Tuesday) and by all accounts it seems that it did.

Oil rig first needs “immobilising” from the Erfelden site. A period is stabilisation of results also - perhaps 5 - 10 days.

But probably news should leak out earlier - and it looks like not bad news but fingers crossed anyway

There seems to be no news reported today so far. No communication at all. I think some suggested a broadcast was being recorded yesterday ?

Btw crude oil now around $81 - was nearly $90 few weeks ago

My initial aim target is 0.1 pence - even hopeful of that today if not tomorrow

And then SP multiples once the flow rates stabilised and totted up

We need min 150 and I think we’d have heard a leak if that wasn’t achieved for one reason or another

Whether news or rumour or insider knowledge - a mere confirmation that “all is ok” wiv the feeling should see an instant doubling of the SP IN MY OPINION

Sorry mate, some people are beyond.

Mind you, fir newbies even id put in a punt - risk losing between 50 to 100% but potential gain easy ten bagger

Just behave and dont put your Xmas savings money in

Mischief it’s called pedigree, trust, form.

Hence no major players are not putting any skin in here even though the potential figures for oil output are mind blowing.

But yes, good risk reward and worth a bit of a punt.

I just hope you’re invested only with money you can afford to lose completely.

I’m really not trying to put a dampener here on purpose but given this company’s record over the past couple of years, I can only see at best a 50:50 chance of success.

But I too have a double figure. Umber of million shares here and am very keen for the gamble to win.

But good luck Fever to you and me and everyone,

Floods predicted here in Yorkshire today !

If he. “spins lies” others promote wild dreams ending people in tears

Tbh I’d be happy even if it was just one or two hundred barrels per day to start. It would at least show that proper oil is there to be recovered.

What I won’t be happy about is some more ridiculous excuses about delays especially if it requires more funding.

Reverted : you can’t buy a single share if it’s become extincted can you

What’s this virus about Scarket ?

It’s fair to say, almost silly to say, that today’s SP has no correlation with the future SP.

If we hit oil the levels talked about, the SP will continue its path to being one whole pence.

A smallish delay and the price faces a battering by some 50% from here.

Somehow news emerges of problems in funding then this time we could see this company hit zero.

The thing for me is why big money people in the know are not really showing much interest here

Well shirts to an extent will have been closed. Trees have also been shaken hard. Volumes been increasing.

But T trades will still be open.

And Induders and mates will be the first to let us know what’s happening ( if anything) by their actions.

Thank goodness I’m not too much of a trader these days

Basucally like most if their others, the update RNS was a dogs dinner. Thankfully, I have a grade C pass in English O Level and I can confirm we will only get one RNS AFTER results stabilised.

But I won’t b surprised if we get RNS in advance if sidetrack iteration is successful

“ Sidetrack operations are expected to commence on or around 8 May 2024. The sidetrack operation itself is expected to take approximately 14 days. Once the rig has been demobilised from the Erfelden site, production is expected to re-commence during the last week of May 2024.

A further update will be provided following completion of sidetrack operation and once a stabilised and sustained flowrate has been achieved.

That would be a blank, zero, none.

Fir negative OR positive.

I do agree with Whitenight that effectively IT IS everything or nothing. I’ve always said that myself using different words like “Monte Carlo or bust”

Yet another raise following the shananigans and complete slavery to their mates would leave little appetite for anyone else in my opinion as they will have proved what type of con merchants they are.

Carrot : I’m in similiar position as you.

The level of price mi ement as well as volume dies t really suggest anything’s gone badly wrong.

Just extra hangover clear out and particularly a few T traders exiting

Selling was always bound to happen on news or rumour :- T trades expiring; also overhand best opportunity to exit .

Still a bit of a gamble but I’m happy to gamble ONLY AS I CAN AFFIRD TO !

Seems to be a leak but not major

I’ve decided on one more small top up