Member Info for iamrich

R dunc, thanks for posting that again, so in that case it does look like Arthur may rns the approvals after the elections so the share price can reflect, ready for the placing.

We may be surprised by the next pieces of news, also he did say they are coming into final stages of discussions with one service/finance provider, guess we just have to wait and see what happens after elections now.

Why specifically June? Feb elections why not march or April

He said on the proactive vedio interview that they are OK for funds next couple of months we'll leave us to April, so will we get good news before then and raise at a higher sp then last time or are going to raise at 0.20 and dilute the share price and then he does a share consolidation so he can continue the milking?

Think the biggest worry and question is how much is Arthur planning on raising, I have a feeling it will be in April, last time he raised 3million and got us an extra billon shares on the market,

Anyone know how long this drill will take to reach TD

Looks like sellers may have gone, next leg up now, buyers coming in

In the vedio Arthur states we are at final stages with one of the financiers so who knows we may get news earlier then expected, this that claim news may come in a years time should sell up and trade something else and come back in a year but guess what they won't do that because the prize is too big and they don't know when news will land but will throw there toys out the pram because they can't act like grown ups, get a life. Buy, sell or hold but don't pretend you kniw what's going on and that's why you here and nit in the driving seat

Stop Complaining about out Arthur he is not incharge of shorcan its the karim brothers and trust me they will get this through the door, sure there has been delays but surely you lot can see that a finance pacjage for 100 mil is going to take time, lol banks or service providers don't just throw it at you, there will be alot of due diligence and checking made with the authorities and permission sought,

How much oil is being targeted here

Think people have been bitten more then once here mate, lol

I can see 8 to 10p easily on spud, this will climb fast and we have seen profit takers along the way which is a good sign for the next leg up, gla

The money raised I'm not sure is enough for this drill, they could well be raising more, I'm watching on the sidelines but the risk here is different, it's investor sentiment that will push sp up and I don't think there is any

Genuinely I think people should actually wait till they drill if your thinking of buying here, they have again diluted the share price hardcore and not really offering a major return, this won't be touched by many, but hope it does well for the LTH and they get some money back

Once the dust settles I'm expecting a push towards 5p very quick, maybe another 2 weeks till spud and we could be looking at 6p here, anyways expecting the heard to arrive on spud, a very good drill this one with a massive chance of success

Jeevescat, don't forget alot of people are in more then 100% profit so there will be profit taking and once the dust settles it will climb again, also many haven't probably even seen today's news so after the weekend we should be getting some interest here,

Any guesses to the share price on drilling, guessing this will keep climbing now till drill strike

Think the permit to drill is the big new everyone's waiting for, everything else is ready to go, think we will get that big spike on permits first then drill dates and then the drill itself, next couple of weeks will be very interesting here

Think this should be atleast 6p now well before the drill in a month's time

What are peoples thoughts on this share, can this double in share price on drilling and what's the share price worth on success of this upcoming drill

Watch it go mental when the permits land and drill date is in place,