Member Info for JAS78

That was a suggested RRE target so not looking likely atm, though they do have further drills

This took a dip on that RNS, probably a few dipping their toes in over there.

I'm hoping for around £1.50 divi

Even investing at £30 a share would yield 5% return

and that’s just for starters

I’ll be very interested to see the dividend, turning over a huge amount of cash

A hostile take over offer here would probably be £40, that would still be deemed low

The numbers being turned over here are huge so this still hasn’t got started

Creeping up week by week will do me though

Been watching for a while. Valued at cash in the bank, looks a solid platform from here

MMs battling hard

Just to note that’s 18% of 25mmboe, 4.5mmboe = £2.50

109mmboe now assigned, god knows where the market will put this. Surely a lot higher than 1.15 in the coming days.

That is quite an uplift

Top end 25m from Verbier would have seen this £3.50 plus

Huge news should see a decent recovery

Hopefully ready for the next cycle up

Why was this not announced before open, i noticed some poor sod bought £5k in early trading

Outrageous how these companies allow working class people to lose more and more money

Building nicely

Financing complete and drilling expected mid July

Very nice

for a few

SP should push north now

Yes £14M in the bank but what is the cost for further appraisal or drilling Cortina... and what is the cash burn until that happens

Market thinks they will need more money, once that it is cleared up then the SP can react accordingly.

Clarification on funding is what the market would like. £12M (?) in the bank is a healthy amount but surely not enough for further attempts at appraisal, day to day keeping the lights on and drilling Cortina.

I think BoD were fully expecting Verbier uplift to access bank financing and maybe another placing £3 plus but that last drill has caught them cold

Difficult to work out their next move from here, they’ve got to try and balance everything out. Equinor calling the shots though as we know.

certainly spooked the market, put doubt in a few minds.

Looking to take a position but will wait for now

Investors wanted further drilling instead, as most expected, they've called it a day (for now)

Now we have the age old problem on aim of a SP 'drift'

Drilling Cortina will get the market excited again but that's 2020 I'd imagine

That’s that done then. Assume an RNS in the morning

Hopefully they give some timescales on future drilling, especially Cortina give the market something to work by.