Member Info for isdeer

Straighttalker,

Yes an equally valid point, all local all uk land based. With a no deal Brexit looming it would only enhance UJO's prospects.

BWM,
I was a large holder in Desire and and lost a fortune in that fiasco but made it back on RKH, there is no water and that was then this is now, everything i have read points to a fantastic once in a lifetime find way beyond my wildest expectation, this will be even bigger than sliced bread.

BWM,

It is very speculative as the subject matter suggests as we dont know what we have down there yet, we could make it 2,3,4,5% etc and equate that to £1m per 1% ownership, it makes no difference with UJO starting from a much lower mcap it must bag more than RBD, all things being equal.

IMO UJO has half the mcap of so it will bag more than RBD so all things being equal UJO 8 bagger with mcap c20m to £160m, RBD 6 bagger with current c40m mcap to £240m. If my wild speculative £10m per 1% of WN is anything to go by.

Ponkey, its a marathon not a sprint

The vagaries of where one should put his cash UJO or RBD etc.

Currently over the last 3 months if we consider Mcap lows for both companies. c0.53 and c0.08 respectively
RBD has added c£24m to its mcap lows and UJO c£13m. Both are doing rather well.
If we consider 24m equates to c24% of WN, then UJO with its 13m for over 16% looks to be slightly off the pace.
The other point to note if we consider these figures as a point of reference for RBD as an example, then for WN it looks like the mkt currently presently values c1% of WN at c£1m if we go by mcap increase and the whole shebang at WN c£100m.
Once proved up I think it will be nearer £10m per 1% ownership of the WN license.

It will be replaced by smaller rig and well tests will start from week after next.

BWM,

Why would they place at 0.18 with news imminent, just drop it FFS, it's getting tedious and boring.
If you buy now you can still make a fortune, don't be such a greedy so and so.

IFA,

I would imagine they are moving out the equipment they don't need and prepping for testing, as soon as the well test reports come back it will be all hands on deck.

baserite,

Absolutely, UK onshore and close to fantastic infrastructure, does anyone require a cherry on top.

petertee, very nice chart, thanks

Leaving them with £500k at the end of the tests, not now, not next week, not even next month, at the end of August is the best estimate, UJO will have news before then, the sp will have doubled and companies will be flocking to give them money.

West Newton is potentially the largest UK onshore gas field and potentially the largest hydrocarbon discovery onshore UK since 1973, Its massive.

Many responded to this cash needed thread day after day and come at it from every possible angle and yet it still pops up again and again. I for one have stopped responding or replying to or engaging with those posts. I suggest others do likewise. It's all just a sham to continually focus on this one aspect of the picture and try to mask what we all know to be an unfolding masterpiece when we look at it in the correct light.

i'm off to cut the grass, hopefully multi bagged by the time i return, It's a big garden.

I'm in Cala Millor from Sunday, will miss it.

BWM,

If good, they could do a Lenigas with separate rns's, then subdivide them into further rns's, then do an rns on the rns.

Anyone know when the samples were dispatched for analysis as obviously this will have a bearing on when we should expect the report and RNS.

Luckyman,

Hopefully we get them soon, the RNS did state the following.

Volume expectations will initially be updated following further core and log analysis, then again following the extended well test.

2 weeks seems reasonable.

I know they said testing would start in July, what about the core samples when should we expect reports back for them?