Member Info for Jace86

Hitting the ground today. Or are these shares hitting the market from mm's? I can't work it out as despite what looks to be massive sells over the last few days it's doing nothing to the price.

Hopefully it is a saving and not a total leg pull! We do know there's some down there but as ive said it's what they've not told us like it turned out to be with side track costs... it'd be nice to know if they've tested the oil and it's capacity to be commercial... it is supposed to be an appraisal after all and not an exploration! ...then the price per barrel needs to be good as well...

Hopefully they don't "miss" again. I wonder how difficult a side track drill is? I was thinking of lumping profits (if any) from here into RMP before results and notice they just got theirs today... didn't seem good for them...

Well there's a queue of us waiting to get so it'd need to be something seriously near term. Bunga would have stopped an exodus as it would have been a small field producing and scope to expand it cheaply.

Wouldn't expect anything on badger until early next week... mon or tue... But then also expecting something else given the comments on the last rns. They have to give some a reason to stick around or put in after colter or that spike may be shorter than expected...

Part of me thinks they've done that to make it easier to sell their stake in colter

Posted late here and on RBD and uog. Sells/buys or something else? Hoping not a bad news leak and someone in heavy has bailed!

Also won't say which one he is in... hopefully the raise here wasn't anything to do with him...

Ignore me... I've read it wrong after reading the thread back again... Lack of punctuation in some of the tweets lead me astray!

Chrisoil indicating that colter will be IPO'd - think you hinted at that Miker... At least that's the way I'm taking his tweet anyway... the key is now what price per barrell has been agreed by all in advance of all this...

I did get that feeling as well miker but it will need to be something substantial for people to want to buy in and get rid of the "same old adl" mindset that has now crept in. It'd have to be something seriously near term, appraisal and high cos (west newton??) farm in style investment for anyone to even think about hanging around.

If there aren't extra assets colter will be an enormous spike and there will be no reason to keep money in here... it'll be a scramble for the door!

Have to bear in mind shares now stack at 604m of them when doing any calcs. If say we got 30mil that would be just shy of 5p. And that's if the market has any faith in the bod to not squander that cash.

If it gets that far. The queue of people waiting to exit has just gotten a lot larger!

Not happy with that RNS! They need to be clear on where the fook that money has gone! Since last year: April - 600k - a small bit went to eagle. July - 1mil - a small bit more to eagle Sept - 800k - to pay for colter Maybe a bag at best in here now and fook off out of this money pit! Opinion: Don't buy anymore, just get the fook out when you can!

With badger though if they dropped it we'd need to know what eagles next plans are as our investment is in them and not in badger itself.

I can only begin to imagine...

Double - I believe the 200k was billed as consultancy costs. If the terms had been met for us to take over the operator over there then that's when shares would have been exchanged.

It looks as though he ramped UJO and dumped the lot before results. Users on twitter speculate he has connections with our PR people. Of which I see was still listed on the last RNS - make of all that what you will... he hasn't yet ramped this share but has openly stated he in "in Colter" - whatever that means...

By my reckoning there's about 650-700k in ADLs pot. There's no issue other than confusion over the rns and what it means (as they don't seem to be concise enough to eliminate speculation) and there's people that want to deliberately (possibly including mm's) wanting to hold the price down for as long as possible to make as much as possible out of it in the next month or so. Buy and hold if you can. Investor presentations are at the end of March.