Member Info for in4cedros

levistubbs - it's well known that turd polishing can be achieved but it has to be frozen first ( google it ) - I believe Kerim is aware of it hence the need to schedule the necessary drilling works during the summer when the team are less likely to suffer frost bite on any of their extremities or nether regions LOL! Probably makes the drilling a bit easier too - particularly at your favoured site Salinbas which is particularly problematic weather wise. It was a shame we had that delay with the first pour as clearly there has been cash flow stress for quite a while but due to popularity Placings are kept to a minimum- although Salinbas has put extra demand on us now we own 100% whereas you were super excited when we 50% less so presumably you view the current SP as a bargain - like me :) !

slowbutsure - IMO much hinges on the next production figures - I formed the impression they will be good - if they are backs of envelopes will be exhausted by all the predictions of profit from resources - not very long to wait now for your moniker!

VanVan - was a very informative interview. Kerim was quite forthcoming about current cash flow therein as well as expressing confidence in short, medium and long term. Always a bit of agonising to be done when asking shareholders for money to largely speed development - probably some on here will disagree. The positive vibes about dore production suggest that bank borrowing should be an option in the future.

tigger - Petrotrin agreed to do it at a time when they believed it was necessary- they own the field - we lease it so they benefit from infrastructure improvements. Bearing in mind that our production at the time of the AGM was capable of being handled through the 2.5 inch pipeline Fergus would have nothing to gain by any obfuscation regarding the other pipeline. Re the ' cross over ' as I suggested to Porker Yesterday now with the change of name would be a good time to give the company your blessing - even if you are yet to be convinced enough to fill your boots !

PM01 - At last AGM Fergus stated the new pipe was installed by Petrotrin and usable. I believe the new mega storage tank was not built but bund is installed as are foundations - email company if you need more detail.

Ross - you should be good at jigsaws - blue sky thinking must come easy to you as you're constantly playing Fantasy Oil &Gas Manager!

Pilgrim - Ross has form for creating artificial deadlines so that he can claim disappointment if they are not achieved. In reality most people have their own investment parameters to determine whether to buy/sell or hold but don't publish them multiple times a day on a bulletin board - they also don't claim to buy a holding and then deramp, which Ross likes to do regularly - perhaps he needs the fantasy element to bolster credibility- we probably have all come across such people in our lives so no big surprise to see it here!

tigger - Neil spent money on CPR and logging - I think those who believe the oil is not there are also members of The Flat Earth Society - the problem is encouraging it to the surface and that is the stage now being addressed.

tigger - Neil was encouraged to vacate. Why not wait and see whilst enjoying the ride the new man is generating - then go and ask him at the AGM if he hasn't revealed it by then.

Ross - talking of puddings - I remember your plan for sticking with BNP unaffordable loan repayments and regular mini Placings to keep the shorters happy so Koot has a really low bar to aim at !

S4LMO - a wax would have been less painful than that bet !

Ross - I've had more enticing invitations from my ' bonk ' based in Nigeria!

Ross - you've got to admit you must be delusional to believe your posts are not tosh - are you going to justify your master stroke of staying with BNP, even though the repayment terms were unaffordable and they were not supportive of production development, financing the deficit ON A REGULAR BASIS BY A SERIES OF MINI-PLACINGS #SHORTERS DREAM TiCKET LOL!

Ross - time to watch out is if he comes out with the sort of crackpot ideas you think are sensible - like sticking to unaffordable repayments with a bank that was unsympathetic to production increase operations, financed by a series of mini-Placings- #Shorters - Dream!

Petersalkeld - well done - not sure exactly what did it but Ross now seems to understand that less can be more !

GRQ - IMO a tad over zealous with the air-brush - seemed to me Neil had a mini meltdown when it all went pear shaped and we were up for sale with apparently no takers but I give him credit for the subsequent fund raisings to put us in a solvent position with enormous potential - bankruptcy was only a nat's away at that time.

By and large what a great bunch of contributors here - even minor disagreements are handled in a professional manner - ATB holders!

LayLadyLay - you should be more bothered that your performance as a basher is woeful why didn't you pick up on that issue at the time!

LayLadyLay - you should be more bothered that your performance as a basher is woeful why didn't you pick up on that issue at the time!

Chesh - all I can say is when I demonstrated my Cruyff turn to him he said that might come in useful LOL!