Member Info for Jamesthesecond

Major holder selling is not an issue. company delivering on its objective in a timely manner is. Again GL is running LATE!!!

we are fast approaching the business end for sidetrack and compressor. Production remains stable at a good rate. The confetto from GL has paid for his negligence and incompetence at the expense of shareholders but all that disappointment is already in the price. Its upwards from here with a vengeance upon confirmation of success.

production will suffer very temporarily while other very important work is being completed. Xmas presents on the way.

they might be installing the new compressor and temporary shut/slow down

yes Baits- They re the business end of drilling. slow and steady wins the race.

This being a side track rather than a new well, the Company expects to be running equipment in hole to a depth of 1300m reasonably swiftly over the weekend and it is above this depth, at around 1150m that a whipstock (essentially a wedge allowing the hole to be drilled at an angle to the vertical) will be set and the 9 5/8" window will be milled through the casing and cement.

Early next week directional drilling begins in earnest in 8.5'' bore at a low angle to the vertical to a total depth of around 2,560m (TD) which should terminate about 1m into the target reservoir. The speed of drilling the first section (8.5'' section) is likely to vary during this element of the programme, but an estimate of 8-10 days is not unreasonable.

Thereafter the drilling will be nearly horizontal and slower for a further 300-400 m. The total programme, including clean up of the well, is expected to last some 35 days. The Company may be able to advise success in the actual drilling activity after approximately 30 days but a further 10 days would be required to begin to have confidence as to likely production rates. However few drilling programmes follow predicted timetables closely and investors should expect variance.

Production from the existing wells continues at previously advised rates at Saltfleetby excepting a four hour planned maintenance shutdown yesterday for a software upgrade.

More funds in the bank from the expected conversion is already priced in. Aleph statement is encouraging and seems they are keeping those shares.

the trade was actually done yesterday at 16.20. peanuts!!!

If the sidetrack is successful and second compressor in as planned we should be hitting 12mmcf in January 2023 . A lot to look forward to.

Assuming side track successful, full production at 12mmcf later in this year and 3 billion shares in issue after all warrants, 10P is very possible.

Market makers have been accumulating for past few days. They know what's coming.

Best of luck with your daughter's wedding.

steady production. side track in a few weeks plus Balcombe anytime. the most rewarding time has just begun.

Loxley may be interesting to Angus at the right price.

If you are in here YOU WILL MAKE MONEY from these levels … it’s just a matter of when.
Could not agree more.

we will be massive cash cow come Jan 23. that is the simple summary. 6p or 10p plus. Take your pick.

Assuming all things go according to plan and successful we should be challenging 10P plus in Jan. 23. Lot to look forward to.

Company accounts are due as well.

Plus gas production steadily going up.

Investors do know about all the assets. For GL to claim that he would like many projects on the go, he cant manage one properly. SFB is just coming on stream properly. Brockham should have been completed by now with all the money Angus has had over the past few months. There is no shortage of funds. Same applies to Lidsey. And we should be definite about balcombe appeal. The ay GL manages money and projects is beyond appalling. Same applies to his dodgy PR.
If memory serves me right , in the first interview, he said second compressor online at the end of this month, sidetrack mid Oct (plus minus 7 days) and sidetrack fully completed in 45 days.
Now , no idea about the second compressor but sidetrack as previous guidance.
And we are going to waste a lot of money on Geothermal.
GL is clueless about management, finances and how to generate/create value.
Its pure dumb luck that gas prices have saved us.