Member Info for IAmNotAnAnalyst

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...

Im sorry Watts - real analysis? I didn't see any real analysis it all, just speculation about nefarious actors causing the share price to drop. That's with no evidence aside from - "look it happened elsewhere". That's a very serious fail of logic. I've never discredited any real analysis and take the rough with the smooth - something I'd recommend you do also. I haven't attacked anyone - you and the others attack me - what does it say about you.

You only have to look at Rubey and Selfish to see how childish and lacking in arguments they are. Then you see exactly what you're accusing me of.

Rubey - just to check is your logic that people have been manipulated elsewhere and therefor they must be manipulating the EBD share price? If so I'll give it a pass thanks - I've got better things to read.

I'm sure persimmon is laughing at you as I'm absolutely nothing to do with them.

Seeing as you think I'm one of those market abusers and I am certain that I am not, I'm fairly confident that you are overestimating how many on this BB are 'fake'.

I think you are the one with mental troubles as you seem to see conspiracy where there are just people with views you don't like. Why don't you try explaining how things are without resorting to conspiracy, like me I think you'd find it very easy it you put aside your biased views for a moment.

There is no 'great detail' to trades, presumably you mean the pattern of trades? And if so then I can add that to the list of 'tea leaf' reading methods.

I don't know any posters, and I'm not sure how you could ever know a lot who are new or don't stay for long. Do you have some admin access to LSE are can therefor share that info? Otherwise it's speculation...I don't doubt nefarious things occur but to blame them for the price slide here is just an easy 'out' to cover up poor performance which nobody can prove or likely ever will in the case of RBD.

Do you have any evidence whatsoever that this short and distort is being implemented successfully on RBD? Or is it just you've been reading the tea leaves (price movement and volume) added to what some blogger says?

Yes fair point about B1z. I guess i got carried away with all the talk of, offshore field onshore and Wytch farm equivalent, oil to surface etc...

That RNS comment was made pre RNS. Could you not that that it's worrying they didn't say anything along those lines in the more recent RNS, when more data was available?

"Very encouraged by indications of permietability" - only indications, not proof of?

"the test will provide key data inputs into the ultimate development plans" - only development plans, not Any production at WN-B then?

As I've said many times, I do want WN to be highly profitable. I don't want people to listen to the multiple usernames in here which say it is a nailed on winner and claim conspiracy to explain the low share price.

The price is low because many shareholder see what I see in the management and delivery of this company. I'm headed through experience and nothing else. I find Occam's razor usually lights the way to most explanations of why people do and say what they do. Yes there are people with ulterior motives, but it doesn't mean everyone has them.

Please do enlighten me Rubey...

How does it work? Is it the paid derampers trying to suppress the share price to get in cheap? Well if they did want that then mission accomplished multiple times over, but dirt doesn't need to be flung to do that. Delay after delay has suppressed the share price as well as the lack of significant positive news. Also where's that promised Victory CPR. The waiting never ends with this company. I really hope it's over soon as I've never invested in such a frustrating company.

* rang true

The only way a bloggers opinion would have any significant impact is if it range true. Unfortunately the company has given an update but it has far from put to bed any concerns about the commericality of WN.

We need to know flow rates...there's not much more to say about the asset until we know that.

rsp - surely the number of zones was well establish before the EWT started and therefore this was part of the plan. What has changed with respect to the plan is how long each zone is taking...this implies to the negative.

If you're saying equally that Raithlin didn't know how long the EWT would take and everything is on track than that is worrying regarding the quality of management.

There's quite a lot of very shaky logic going on today...

The longer the test the better.
Putting in planning applications for more wells means they must know it's going well yet haven't RNS'd it.

My more neutral read on both those data points is that production isn't coming easily and more horizontal wells at the optimum depth will be required to make WN commercial.

There are shades of grey in that ranging from barely commercial to highly profitable. But a long flow test does not mean there's too much flow to test quicky.

Yes gas is easier to extract than oil but that isn't the point. What exactly do you take "we have the gas" to mean? To me only a few parts of the equation are proven, yes there are hydrocarbons down there. Will they come out with ease or will they require many horizontal wells to get commercial amounts? The share price at the moment implies more the latter than the former.

Each to their own indeed!

Uggy - I may have missed something, but to what extent has gas production been proven at the A2 well? If we had proof of commercial production then I don't think the sp would be where it is.

I think it's fair for people to get nervous as we get close to that 11th July date. After all, the dates were approximate (and typically a bit pessimistic so targets aren't missed) and generally a missed target at this time bring about thoughts of them trying desperately to get things flowing. Hopefully it's not the case.

I won't get carried away by thoughts of oil flowing. I think a good result would be a decent flow of gas which will have solid demand for some time.

It's going to take some EWT results being published, that should be the next thing that changes the sp significantly.

It is all very suspicious regarding the Iran stake!

It could be that some 3rd party now owns the stake that was Iran's, SQZ wouldn't have to RNS that as it wouldn't directly concern them. However, they could have the inside track on it and be in negotiations to purchase it. But they potentially have not yet signed the deal and therefore can't say anything and have nothing to RNS, yet...

All speculation but it would make sense and some happy shareholders (depending on price of course). DYOR.

A lot of companies have people reading bulletin boards and I do think they take on board feedback. We are shareholders after all, we partially own the company. I don't see how your crowd say these boards can influence the sp in the negative yet not in the positive.

I'm not attacking anyone, nor do I know if anyone has blocked me. How would I know that? If people can't stand to hear anything negative about the company then I will question and challenge them...especially when they're spouting the merits and leaving out the demerits.

If pointing out facts or thoughts supported by evidence is undermining the company then we are in a very sorry situation.

It really baffles me that you think that no holder can legitimately critique the company here? Also that those in control of the company don't have the maturity to either take it on board and consider it or just reject it if they think it's some ranting and raving? It's quite absurd think you have to somehow protect the company here lest the share price is impacted. If that is your only motivation, have you considered that intelligent critique could be helpful to a company and actually drive it to be more valuable?