Member Info for IAmNotSpartacus

3pm GMT then

I’ve only been skimming through and suspected you were up to your old tricks with selective figures. I’m more than happy with the rates announced and knowing they’re on a restricted choke. Plus we’ve now got good gas revenue that we never had before.

So the rates that D14 are quoting are most probably a bit misleading. There’s either a bigger number to start with, or a prolonged rate without the declines

Didn’t the IP figures increase significantly for Wildhorse & Powell after the initial rates. And we know these new ones are currently choked back.

with a selective memory. But that's old age for you!

Re-read the RNS D14

Numbers will increase as they open up the choke. These wells are among the most prolific in the region, and I understand that at least one of the new wells is an absolute belter!

Several of us were pointing out since late January that Chris Oil was selling down. Still waiting for the apology Heid and greendave!

Our arrangement with True allows for an additional 16 wells at zero cost to ourselves, and the next 4 will hopefully be the start of this process. If these 4 are permitted in the March hearing then they should easily be online this year.

His opprobrium towards Highlands basically stems from the fact that he was counting sells for weeks on end, and triumphantly stating they were warrants being sold. His ego never survived being wrong on that, and has turned volte face on the company as a result. Apparently our CEO looked him in the eye and assured him of something that never transpired. Observers could lip read the CEO muttering something resembling "dosser" under his breath as he walked away....

They’ve applied for 4 more on our leased sections of area 15-16. One can assume it’s at zero cost and 7.5% to ourselves. Hearing is March 11. There’s also dockets pending for another 8 wells in our lower sections 31-34 but needs sorting with Renegade. Hope that helps.

So JJAL's posting which gets the obligatory Recommend, is coming from himself. A bit like tweeting or posting on Facebook and being the only one that likes it. Tbh not sure why D14 keeps on trying to take the credit for calling the 3mil raise in 2017, as many on here were also predicting that amount was required for the company's projects at the time.

No way he went from over 7% to below 3% in the last 3 days. He was obviously selling way before, when we were pointing it out (sorry Heid and greendave) and wasn't disclosing. One for the authorities to look into?

Thank you again for coming on and sharing your insightful analysis. Truly illuminating.

Thanks for pointing out another positive to new investors i.e. the low number of shares in existence. Our BOD are very mindful to avoid dilution where possible and to grow organically (pun intended). Not seen you here before, and probably won’t again, although if you only target shares on the rise you’re always welcome!...Nice one.

If SS is intent on taking this to the main market then I could understand a 50:1 or 100:1 consolidation. Even though the MCAP is unchanged it’s more a pyschological thing, and potentially more attractive to investors than being a penny share.

If you look at HopefulDave or Fadec's posts you'll get up-to-speed quite quickly. Plus they both recently returned from a site visit to see the excellent progress being made on a number of different fronts. To answer your question the company have stated that the revenue from the 8 wells, which are a free carry of 7.5% to the company, will cover their overheads this year. There is the very real possibility that the number of wells will increase, again at zero cost to the company and returning 7.5% per well, which are amongst the most prolific in the region. Aside from this, we have revenue from the gas being connected to a pipeline and Water recycling of the water being used in the frak stages. It's basically an eco-system of cash generation! That's not even touching upon the other projects which could be significantly more lucrative but as I said earlier, the two guys mentioned above are a good place to start your appraisal of the company.

We're generally a good bunch on here. JJAL is always looking for a cheaper entry point, but remains bullish on the company's prospects (IMHO). But he's nowhere near our worst troll. I don't need to name names, as it will be all too clear!

It's one theory given trade activity have recently been a few sells in the morning followed by a strong afternoon. We're due news on several fronts and so if there is a leak, it could be hard to place

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