Member Info for InJamesweTrust

With an indication in the last RNS (6th June) that prep was underway and testing would be around 5 weeks on MOU-3- it is likely under way with there being 3 weeks of that timescale remaining.

Then let's see what happens with SV-101

Bear in mind while the deadline for bids is end June, these then need to be evaluated. So it will likely be a few weeks before the outcome is known.

Sefton

My wife would be the first to say I talk rubbish sometimes so I can take that on the chin!!

Generally hope I don't sink to negativity for negativitys sake or traducing people and that we all mostly follow such principles and the BB can be very useful.

Your own posts always interesting too - was fairly young but remember the bombing of the early 80s (mentioned to my Glaswegian Celtic supporting cousin they should just send the SAS in there, went down well).

Don't have the expertise of Seabright/KeithOz and others but there are many good posters on here.

Hopefully we are in the initial stages of significant value creation.

I'll likely be chilling in Fort Lauderdale and Miami when news drops but them are the breaks.

It's not a wealth destroyer if you top slice and or take your cues from testing.

Never expecting to be on LSE for long it was a play on In Rod We Trust from Jerry Maguire.

In any of these deals the upside can ne multi £ share price but the asset has to justify it.

PRD is a long way into justifying it and if SJ testing is positive then it will certainly be a multiple of today's price.

These shares aren't necessarily boiler room scams but latterly Parsons actions left alot to be desired and the shareholder parties were not really advisable.

You can learn from each - Sound/Hurricane/Dechra/Eco/PRD/FXPO/DDDD/PPremier Foods and many others.

Some successful some not but lessons learned with each and lucky enough to be liquid enough to roll with punches as and when they may arise as anyone should be with microcaps.

Good for Rob - sold Sound at c.78p - they'd been up, dipped to 60 and once they got back to high 70s I was outta there prob sometime in 2017.

They were making lower highs and lower lows.

I'd wonder how GRH knows the difference between what PRD has been allowed to publish and what it holds back.

Unless he has been an insider and looked at the analysis in that role I'm not sure how there is such a disconnect.

Regardless it comes down to flow rates for now - management seem to think 20mscf is eminently achievable and the potential is for much greater.

So let them get on with Sandjet and hopefully see positive results coming out.

Again, will be interesting to see what happens to SV-101 when Sound are finished with this.

Bold

You've consistently lowered the tone with your inferences around Masters and knees etc.

For all, we should be seeking to concentrate on fundamentals.

Sound will be done with the rig soon and we will know what is intended.

Sandjet is in the throes of starting or is already underway.

Either of these will make a significant difference one way or another. Successful Sandjet would render MOU-5 much less important in terms of achieving returns.

The only reference really needed to Chariot/Sound/SDX is in reference to kit and timing as the assets are individual and to each entity and therefore not comparable (except for MCAP perhaps).

GLA

Rather than worrying about Chariot more wondering how news might seep out as the zones begin to be tested. We are guided at 5 weeks + so 4 weeks remaining for the first well. Perhaps news on Sou this week and SV-101

Sefton

There us alot going on with Carbon Capture and storage and potential for Hydrogen as a byproduct in some processes.

Currently H⁰ production is a bit of a constraining factor.

Geopura is an interesting company - Hydrogen powered generators to replace those supplied by likes of Aggreko.

Have a few equity deals in carbon replacement space at work.

There are moves to decarbonise through CCUS and have pipe networks at industrial hubs to store the CO²

Technology will find ways for heavy industry as it will be cheaper than doing without politically or trying to re-engineer industrial processes.

Wraith

My best wishes and hope the diagnosis can perhaps improve as treatments are explored.

CCC

Sorry to hear your news, best wishes to your wife and to her sister and your wider families. Cancer is a terrible disease in terms of remaining hidden until all too often too late.

Hope there is good local care and treatment to extend their horizons as long as possible and give you all valuable time together and perhaps see results from some of the newer treatments (hope springs eternal).

Good luck

Muckle

I think Chariot are targeting about two farts a day of gas.

The middle section of MOU-3 is targeting 20mcf/d based on ITR which many feel may be conservative.

With other sections it is targeting those numbers

for CNG

Thebold

You are on crack or missing a zero if you think good Sandjet results are worth that.

As KOz alluded to, 500mcf/d is woth $7.8bn NPV so 50mcf/d is probably $780m (crude as capex would be proportionately higher at 50m). That is $1.30 or £1 a share not to mention what.success here suggests for the rest of the licence.

What a nonsensical proposal

Androcles

If you're wife's like mine, the job may never be finished/up to scratch. Painted the whole house on renovating it after getting quotes of 40k plus and it made no sense to spend that.

Think the SP should begin to reflect the potential of the SGA and 50-500mcfd

Would imagine getting close to 20p again very soon and perhaps beyond.

Keith

Appreciate the interaction and as ever your posting. Let's see them crack on now as believe SJ can unlock serious value on its own and see where it takes us.

Would be good if extension can be entered into and drilling aligned as an activity to use imminently available SV-101.

I'm glad they're getting going but remain frustrated the delay has not seen everything aligned so SJ could have been done in April