RE: Cash25 Apr 2019 14:30
PNE79,
You will be one of the many people on this bb who will be queuing-up to apologise to me when the Te-10 results are finally revealed. I have absolutely no faith in the SOU team to deliver dreams in the desert and they are showing all the signs of another mistake. They have unfortunately poked their rusty drill bit in the wrong place AGAIN because the whole process regarding drill site locations were rushed IMO. If they could choose a suitable site for Te-10 today, I can guarantee to you that it wouldn't be where we drilled Te-10 108 days ago. I believe they have been slightly out with their judgement and where the gas has actually migrated to is up dip towards the strat' trap, which is some way off from where Te-10 is located. Granted, they got close, but unfortunately for everybody excluding the shorters and day traders of which I am neither, they weren't close enough. Where our drill location is does not contain flowing gas and hence why we have had to resort to fracking. However, with such a small area to go at and the very tight rock formations, unfortunately it will not flow at commercial rates despite all of their efforts. We are around 400m out, which in a large area is nothing, but 400m in one direction and it would have made all the difference.
Don't be blinded by the hype that this share once created and don't let your judgement be clouded by the respect you may have for JP and the team. That has nothing to do with what is in the ground and you and others will find out the hard way at the end of next month / early June. For once, use your head and not your heart and tell me what you really think and not what you want others to hear.
I think a lot of you are playing it safe because you don't want to be looked down on at the LE party, which may of course never happen. You are trying so hard to gain the respect and admiration of fellow posters, which is commendable but rather pathetic at the same time. I have my followers through telling it how I see it and don't tell me that I haven't got people on this bb who don't respect my point of view because I have.
A lot of you are angry, trapped bulls and so your only hope is that the share price will have this fantastical recovery and then all your woes will disappear over night. Wake up and smell the coffee. This is the nasty, dreaded AIM where dreams are mostly crushed and nothing really every goes the way you want it to no matter how much you force it.
How many of you said that the share price is underpinned at 25p and saw that as the share price floor? Look where the share price is today and look where it went not so long ago when it hurtled towards 11p. Sentiment will always rule the roost on AIM no matter how safe you think a share price is. And furthermore, poor sentiment will literally kill off a company and sometimes overnight, which as we have seen with a number of companies recently and their NOMAD's jumping ship to save their faces. FRR, MYSQ etc....