Member Info for itsawrap

Https://northlincolnshire.moderngov.co.uk/ieListDocuments.aspx?CId=152&MId=4143

Re the 600m pipeline for Wressle, Egdon submitted the planning application earlier this year. It is still a "delegated item" and the only objection to the application has been resolved so Andrew Law is most likely preparing the report & recommendation currently. I'm not sure about the next steps - presumably it goes before the planning committee to consider his recommendation. next meeting is 04.09.24 with the agenda due out this week

Now the moron is cross ramping - look at this guy's history, it screams idiot!

You really are a world class idiot

Pboo he may say something in the Interims but maybe not - after all he has never explained why the 2023 H2 Kedd side-track was quietly downgraded to "upgrades" in H2 2024.

What's that old saying? "never apologise, never explain"

I see Colle Santo as RBDs best chance for success at the moment although they should have negotiated a much bigger slice of LNe imo. Thankfully RBD is not the operator! WN may deliver but we'll never know unless they resolve the funding issue.

...not only do we have to put up with the 2 clowns running the company (into the ground), we now have 2 clowns bombarding this bb with the same corporate bullcrap all day every day...

...so a "short squeeze coming" but you're hoping to buy at "Give them to me at 0.05p" when the offer is .065

it sounds as though you are expecting the sp to drop considerably despite all your ramping, either that or you are an idiot

I'm still waiting for my share of the £4m the said they would return to shareholders - so far just £600k in buybacks and that's it...all lies

Accounts available for viewing

https://find-and-update.company-information.service.gov.uk/company/11802764/filing-history

Https://find-and-update.company-information.service.gov.uk/company/11802764/filing-history

accounts filed for 2023 - viewing available sometime this week

Bunsen we know that revenue for 2024 will be circa £1.4m, where do you see revenue for 2025 if they secure funding???

Davey I recently bought in at 57p but the closer I looked at RNSs and fundamentals I realised that at the moment Celabong is a paper tiger, I sold at 60p just a few days later. Relying on instalments for placing shares and a loan based on an individual's ability to sell property is quite simply daft. Until or unless the funding is resolved, the sp looks very shaky, also it's not clear how much capex they need to bring the next phase into production. I'm going to sit this one out for the moment, hopefully a financial institution will step in with a proper funding solution.

Unfortunately the rampers on here are peddling lies, the JV fully funded ONLY for the re-entry and recompletion, I think it's fairly clear the JJV is NOT fully funded for the side-track

Uggy these snippets are from the RNS

Re-enter and recomplete or sidetrack one of the currently suspended wells on or before 30 June 2026

· Re-enter and recomplete or sidetrack one of the remaining suspended wells or drill and complete a new deviated or horizontal well on or before 30 June 2027, and Submit a field development plan on or before 30 June 2027

The joint venture ("JV") partnership for PEDL 183 is likely to approve a forward plan, which will initially consist of the re-entry and recompletion of an existing West Newton well in order to establish sustained gas flow.

The JV is fully funded for re-entry and recompletion and operational activity is anticipated to commence during 2024.

..."re-entry and recompletion" sounds as though they are going to unplug a well and try and get gas flowing, is that an expensive endeavor? Obviously a side-track is a much more expensive proposition, I think they have carefully worded the RNS to mislead but not so much that they cant defend it. I doubt "re-entry and recompletion" is a £12m effort however at first glance the RNS appears to be saying they have £12m funding, I think they are funded for a simple re-entry & recompletion. what are your thoughts? (I hope all that makes sense!)

Rathlin's 2023 accounts are due by 30.09.24, I suspect they will show about £1m cash (or less). What is more likely...

a) Rathlin have somehow pulled off a funding miracle

b) the claim that the JV is fully funded will be exposed and bullcrap

c) more delay and obfuscation

d) takeover by RBD

It's great to see the rampers filling their boots today...oh wait, no, only 3 trades all sells???

Deano, a % of a %, it's not even as clear as that! RBD owns 30% of a company that owns an option over 90% of CS, an option that won't be exercised unless permissions are forthcoming and someone (almost certainly Gunvor) hands over enough cash for LNe to exercise the option. Although I believe CS will happen, there are a lot of hurdles to negotiate, i.e., funding to exercise the option and build the LNG plant. How and when RBD will monetise this investment is difficult to forecast - maybe an IPO by LNe which will allow RBD to sell shares?

..please ramp away all day every day, any sniff of a spike and I'm gone, out of this dog forever

Hot off the press - Reabold is THE company to invest in, double your money every 10 days, it must be true, I read it on a bb!

It's fairly obvious the new boy is full of it