Member Info for itsawrap

I am surprised by the lack of movement but not worried, in fact I'm going to buy some more as this will moving up by the end of the week imo

it would depend on the terms on the settlement, if the DHSC caves and pays the outstanding invoice in full, happy days!

Hi, I have had lunch in JDW twice in the last few days, I was very impressed so I am considering investing, can anyone tell me if there are any shareholder perks? thx.

thanks Kirk, I needed a good laugh :)

my turn to ramp for a change. last week I emailed DB about the CTO - no response. This morning I emailed MA who has just replied as follows.
"Dear Sir, we havent had an update since 29th July. Can you tell me if the coiled tubing operation has started at Wressle? If not, please tell me when it's likely to start."

Reply:
Dear Mr xxxxx,
I can advise that the coiled tubing operations have commenced at Wressle.
We will update once this work is completed and oil flow rates are stabilised.
Best Regards
Mark Abbott

exactly, she's full of it just like DB, goodness knows why she seems to have a cult following

Heid, you said "Both of our sites are very busy. FACT."
well, if the CTO has yet to start how can this statement be true in respect of Wressle??? Do you if it has started??? Is the equipment on site??? please enlighten us

Does anyone know for sure, if the CTO has started at Wressle?

thank you for the replies to my questions, unfortunately I am none the wiser so I emailed ujo yesterday. let's see if anyone bothers to send me a meaningful reply!

Dear Sir, it's clear to me that investors (including myself) are growing very concerned with regard to events at Wressle.
the RNS of 29.07.21 stated "The Wressle-1 well will now be subject to a coiled tubing operation to fully clean the production tubing prior to bringing the well back into production through the permanently sited production facilities."
Is it possible to tell me if the personnel and equipment required for the coiled tubing operation are on site? If not, can you say when they are likely to be on site? If so, can you give me an idea of how long an operation like this is likely to take?
Please be aware that few of your investors are likely to be oil industry experts so when RNS's are released it would be very useful for typical time-frames to be indicated, for example, the RNS could have said something like "Once the personnel and equipment are on site, the coil tubing operation is likely to take 2 to 4 weeks followed by 1 to 3 weeks for stabilised flow rates to be achieved". I appreciate it is not an exact science but when investors are given open ended RNS's they get very nervous.

Hi, can anyone tell me how long the coiled tubing operation is likely to take once the personnel and equipment are on site? Also, how long is it likely to take to achieve "stabilised flow rates" after the CTO? many thanks.

no news, just investors losing patience with DB's endless "transformational" promises, will he deliver the long promised 500bpd?

I read that global warming is 10 years ahead of recent predictions, could it be that our rush to "go green" has accelerated global warming due to the massive increase in the manufacture of wind turbines, electric cars, etc? Has "going green" actually created what the world is trying to avoid? I suspect it has.

"Mere semantics in the scheme of things", absolute nonsense, there's a huge difference between GM spending half a mill of his own money on 60'000 shares and being awarded 60'000 shares, quite simply he didn't spend half a million of his own money despite this being stated regularly on here.

I'm fairly sure GM did NOT invest half a million, he was awarded 60'000 under the terms of the "LTIP" Long Term Incentive Plan. Hence the RNS states that he "acquired" 60'000 shares whereas other RNS's state "purchased", the details are in the annual report, just search LTIP.

it looks as though many investors are throwing in the towel, I suspect they will be kicking themselves within 2 weeks

this made me chuckle (from the website) "An upstream oil & gas investment company that does things differently. Focused on generating returns through investment in low-risk oil and gas projects with high potential upside."

the way the market is viewing this company it's going to take CPR to resuscitate the sp...

"Cash assets of the Company as at the date of this report (10.06.21) of approximately £6.8 million"
Lenin, that was 5 weeks ago, hopefully their cash burn is fully funded for the next few months.

the 13th July 2020 was a Monday, should we expect the 2021 trading update this Monday?

agreed, there's always a caveat or two in the RNS's! hopefully an update (good, bad or ugly) will be forthcoming if only to end the speculation