Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Those in glass houses shouldn't fling stones...
From November 17th 2020 RNS:
"Corallian plans to submit the Victory Field Development Plan to the OGA by the end of 2021, with a Competent Persons Report (CPR) expected to be completed by the end of April 2021 and first gas production in Q4 2024"
Ergo the CPR is quite late as stated and as expected by most of us.
Never mind the significantly delayed CPR. At this point they should be close to sharing the field development plan (before the end of 2021). I somehow doubt we'll see that plan this year.
So you just quote people without any thought about what they're saying, if you agree with it nor if it is representative of current information?
Just another fun ramp I see...
Extremely encouraging? Please tell me what was so extreme about the results.
Cloves - I'm all for good news but who reported the tanks are full of oil?
I do agree with the concerns about treating water here.
However, CAPEX in H2 is about £4m less than H1 so with the same revenue and costs then cash should increase to £13m. And if it was a £4m increase that's >15% of our MC. We could do with doing something positive with that money.
Oh Chris, the delusion is strong today.
Black is white and white is black. People saying a company is struggling means it's doing well. Share price going down means it's a success..
Haha - so a long delayed EWT result is either because of a takeover or just unquestionably good news. Can you even hear yourselves?
It's taking longer because they're trying their best to figure out how this asset can be made commercial. It's clearly not in any sense a 'gusher' as otherwise they'd have to have said in the EWT part one RNS. The lack of any flow rates in that should give cause for concern.
I hope things come good but 3p, takeouts and the longer the better is delusion.
Yes I'm sure they said 2 weeks too and it's been about 5. Strange no update, maybe they'll say something in the H1 financial results...I have the 18th noted but can't see where that was mentioned.
Interesting - I had noted down that we'd be drilling the Q11-B exploration well first.
I do wonder what the order of things is at Q10-A. Similarly I've noted the following as what I understand is located and due to happen at Q10-A:
- Flow test of the Vlieland
- Sidetrack the Q10-A-04
- Reperforate the producing Q10-A-06
I'm no expert though, so maybe that's all happening from the same location.
Thanks sasa, glad to hear it. I really do hope that r3 on and/or Columbus online and/or the increased revenue % in 2022 provokes a rerate. I never thought I'd see the price being around here with all 3 of those imminent with gas and oil prices where they are.
Well we're now on what, week 12 or the 6 week EWT...and feel a bit left in the dark I'd say.
What a mess...
*it is
Please define "nailed on" Rubey.
Do you mean has is present or commercial?
Now all we need is a reliable flow of gas...
I also have around £240k/d having struggled with the units for a while.
Honestly, I didn't understand the Rubey's comment was aimed at me.
"Ah, I see. Yesterday's rise was a silent pump and dump! Is that undertaken through ESP or mime?"
It makes no sense to me - I was mocking your, and others', explanations for why the share price goes down. I'm not naïve enough to think I can explain movements based on no news with conspiracy theories and ram it down everyone's throats as gospel then have the audacity to say others are mischievous and manipulative.
Indeed Barking - I find it confusing that it's manipulation on the way down and good news on the way up. Further, there is claimed to be manipulation on the way up too holding it back.
It was a welcome rise yesterday but it still only took us back up to where we were about 1 month ago. There's a way to go yet.
Very much reminiscent of RRE before they got taken out. Admittedly with less cash but also with a lot lower decommissioning liability.
If the market doesn't see value soon I'm sure somebody will. I'm holding until either happens...