Member Info for Immyspecial

I did ask RG how long he reckons it would take Essr to test a lee fab well once completed...he said it could take around 3-6 months if I can remember correctly. Lets say a year so around this time next year would could have some progress on lee fabs in India... Btw we are also targeting other Indian companies for work...

Based as of AGM so lets ignore the Indian contract currently suspended... Can only see Indian contract hotting up with essr when/if they sell 49% stake to te Russians as rumoured...what's encouraging is that essr want us to drill a leefab now so that they could test. This is what we always wanted in India eventually. Anyone can drill a vertical well but they can't do a lee fab 😉

We are drilling lee fabs for GDG currently. In order to drill a lee fab, we first do the vertical drill before doing in lateral. So I thinks we have around 18-20 for GDG at that stage. Yes RG was very confident we will finish the 30 GDG, lets see if they can meet this target by year end...based on history they won't but if they do than this 5p malarkey right now could be long gone I reckon... What RG kept on emphasising is that yes we had a really bad year last year along with other drilling firms but what he also pointed out that off the back of the GDG 30 well our downward trend will change as we double out revs from last year. Do u reckon we can find another firm that's in this position...? I am happy to wait and top up when possible because sooner or later we will see a recovery based on money coming in...for once we could actually meet our year end target...

Didn't look in since my last post. I think some definitely misread my post but I do also agree I wasn't clear about the marketing. Skooby summed it up well. All I was saying is, he isn't an expert at marketing is he is an engineer. He is open to suggestions if anyone has ideas on how this can be improved other than what they currently are trying... He took on board, putting up a calendar of update dates on the website off the back of skoobies suggestion so lets judge on whether he does this based on a suggestion from a PI...

Very good post James. And yes he did say we will double last years revs but the likes of RH or HM will on believe him once they see it come through end of year....so although we are on schedule for this according to RG the jury is still out... I was surprised to hear they are now active in UK looking for possibilities. By the sounds of it, he is happy for us to give him ideas on how he can create exposure and promote greka LifaBric in the UK. RG was very honest about him being an engineer and that's what he knows and that's what he does but with regards to marketing its not his speciality hence he is open to any reasonable ideas. So if anyone with decent ideas please make contact with him...

To date all wells we have drilled, we have been paid for all. RG did say, if the client didn't think we drilled to spec and quality than we don't get paid. So clearly we do something correctly or else we dot get paid...I can only go by what RG has said, if that's a lie than that's another matter. He does come across very confident and knows his sh*t when it comes to his technology... He is happy for share holders to approach GDL with how they could market the LifaBric technology better and get this on the papers...we definitely need this exposure in europe

If today's price was around 10-12p I would have probably said to you hold your money but at 5s seriously is pure madness. RG isn't happy with the sp either but he doesn't control that, his focus is to make money and furthermore to pay dividends going forward...so the current sp wise, if you look at whatever you put in today whether one is newly buying or topping up, on this stake alone can't see why we can't reach 10p once the 30 GDG wells are completed...that's almost double. But lets not talk about sp predictions...lets talk about in the current climate where is your money safest...I couldn't think of a safer place to put it hence I even bought more recently and would kill to buy more at current levels. I know our mate skooby also is patient and positive for the long haul. Bottom line is, how many £22m MC AIM companies currently have a decent balance sheet with no debt, no threat of dilution along with no chance of RG taking it private at all. Also currently 'drilling' for a contract worth more than MC alone...? If Mr Calm came out happy from the AGM, i am happy based on that reason alone... Also GDL are currently active in UK looking for opportunities :) Would be nice to hear other people's view with regards to AGM...there were a good few there today compared to last year.

some interesting snippets today and plenty of questions asked. More than happy to hold as its worth alone just to see out the current 30 GDG wells worth $45m... fantastic buy in op at these prices if one is happy to hold a year or 2 without looking at the sp on a daily basis.

Healey, that lads are in the pub below called gable if you fancy joining them. i couldn't as i have to rush to prayers. definitely nothing to worry about here purely based on our assets and GDG contract alone in such tough times in the sector

Not all bad as we should be hitting twice our revenue as 2014... The sp currently is BS...

starting to look like a buy for me now at sub £3!

my error, clearly mis-read the volumes this morning. the spread is crazy though!

The weak were shaked out for some volume to be picked up on the cheap....hopefully were heading back up north with some good news before AGM

Just woke up an what happened?

Thanks for the update. I'm hoping some of the LT that sold out will start to buy back in soon. On little good news this could move upwards really fast now especially when my buddy skooby holds most of the free float himself. Good luck getting any from him sub 10s....lol

Yes hoping to be at the AGM...still haven't called my broker though. Just been lazy and a little busy.

skooby, you couldnt let me even have a evenings bragging rights with the best price thus far that you went and got yourself more within minutes... have you issued your 3% holding rns yet? LOL

might be in the sh*ts for now but doesn't mean the work for the 30 Lee fabs should stop this year...that alone is worth more than the current MC - just crazy! and well overdone

but couldn't resist a top up at these levels....Given our assets alone the current SP is silly and the NAV is far greater than the current SP!!

So how comes we only see petrowatch with news yet the millions of other companies haven't written anything bad about GDL or am missing something...? Or are petrowatch just deramping to allow mates to come in on the cheap...weirder things have happen on the AIM plus Ftse recently with the likes of QPP, AFR and most recently NEW. They all have crooks surrounding them...