Member Info for JezTheFez

In all fairness to JoeCreed, I saw exactly what he did when I looked at the diagram last night. It looks like they have gas shows in the Paleo.

There might be gas, but as Neptunes has iterated, it ideally needs to flow at commercial rates. Well pressure also a big factor.

Shaun - I have been unlucky, yes. That is why I am quite well placed to give advice - so that others who are new to this game don't make the mistakes I have. I'm not teaching anybody to suck eggs either. Far from it. Just want people to err on the side of caution because usually in life when something is too good to be true, it is because it nearly always is.

Just want to be realistic and deal with the hard facts and figures going forward. IMO the chit chat over the past few days has been like eating my way through candy floss. Very high in calories and full of hype. Just be careful people.....that's all. JP has hyped this share many times before and look at where we are right now. Who at The Gherkin would have thought that today we find ourselves where we are today after having nursed three consecutive dusters? My point exactly....

Chasbrown,
I have just commented that if the well proves commercial then expect a share price north of 50p. If it is non commercial then expect a share price akin to what we have seen in recent weeks. How can that be ramping or deramping when I have covered-off both bases? I am sat with an average of 34p and so obviously want the share price to rise so I am above water again.

I have no agenda FFS. Just suggesting that people err on the side of caution after having read three days of complete and utter hype on here. This is how most of you have gotten into spot of bother in the past and now find yourselves with averages north of 50p. Until I see the hard facts and figures, then the jury is very much out. GLA and don't get suckered in by false hype.

PNE - your arrogance is astounding. We'll see who is right then, won't we? I say they have found gas but not commercial. You think it will be commercial. Go ahead.....waste your money on hype.

Positive results at Te-10 will elevate the share price north of 50p in my opinion. A non commercial well will see us revisit the sort of lows that we have seen in recent weeks. It's a fickle world we live in and we really do need to have a commercial find that also ideally proves-up the basin model.

OnePlusTwo,
I think there is some truth in what you say even if the well is proved to be non commercial, yes. However, the all important share price won't concur with a result such as that IMO. If the well is non commercial, I think the share price will take an unfortunate tumble again because people only want to hear that it is commercial at the end of the day. The BOD may derive some useful stats from it regardless of whether or not it proves to be commercial or non commercial. That pretty much goes without saying though!

Just exercise caution. That's all I am saying. People wildly throwing thousands of pounds of their hard earned money at what appears just to be 'hype' at the moment is exactly the reason why I am suggesting that people err on the side of caution. It's your money at the end of the day and I am definitely not suggesting to anybody how to spend their money. However, please don't come on here and complain if the results don't meet with your expectations.

Partridge - I just want to see the facts and figures first before I either celebrate or commiserate....that's all I am implying. Not attempting to be negative, just trying to be realistic. I'll go now and leave you good people to your discussions.

Jacklevi,
In my opinion, the tone used in his emails to PI's does suggest they have found something "commercial". In fact, the tone of his RNS's also suggest this too. I think in one of the recent RNS's it was stated that they just need to go away now and "confirm" commercial gas. I found this rather assumptive to say the least, although being confident is never a crime. Why take this approach though if they haven't conducted the mechanical stimulation and flow tests? Just seems rather odd and quite arrogant actually.

Still way too much hype and speculation on this bb over the past few days. Some LTH's on here still spouting LE price per share at over 2 quid. I'm only interested in the raw hard facts and figures going forwards, as I like many on here, have been caught out by getting way too emotional with this share and being too emotionally attached to a share can sometimes cloud my judgement. This time around, I like many on here don't want to chew through pink, fluffy clouds and would rather hear it for what it is and not what it could be.

In my opinion, JP either knows they have found something good or he's chancing it by making Te-10 sound better than it is. As far as I am aware, they haven't even begun to mechanically stimulate the well at the moment and are awaiting the arrival of the equipment. However, his tone in the recent emails to some PI's sound very, very confident, which is of course is not a crime but I'd rather he be far more cautious and level headed until the results come our and have been properly analysed. As we know, this could take slightly longer than at first anticipated and I am expecting the final results to be release some time in early March and NOT February.

It sounds like they have found gas, but until they actually conduct the mechanical stimulation, they won't know whether or not the gas is flowing at a commercial rate, if at all. They might not be able to free the gas from the thin layers of rock where it is allegedly contained for all we know right now. I therefore find any hyping of this discovery rather arrogant and assumptive and would prefer it if JP would just tone things down in his responses to PI's. I can't stress that more in what is clearly a very fragile point in time for this company in terms of the share price and perceived value.

It's almost if the share price is being sexed-up via hype just in case Te-10 does turn out to be a duster. In fact I am willing to bet that there isn't one person on here who can put their hand on their heart and say that there is absolutely no chance that Te-10 can be a duster. There is more of a chance that it is a duster than it isn't without further tests being conducted.

I say this so that people can go into next week with their feet firmly on the ground and not be led astray by hype. I have said it a few times recently and I am not trying to teach people to suck eggs. I am seeing a lot of fresh faced individuals who are new to SOU and that are here because of the hype that was generated last week and the rise in the share price, which I still maintain was partially caused by JP's email responses to PI's.

You only have to listen to The Gherkin video again as I did last night to understand that JP is a hype meister and since the Gherkin event, we have had 3 dusters. I was at The Gherkin event too and stood next to BC1980 who sold all of his shares a day after the event because he didn't buy the hype. Just be careful guys and gals. GLA.

I was wondering where some of the usual people were too. Aliaspc, Magoo, McSqaures. I'd be interested to hear what they all think about this situation. I'm also interested to hear what our resident derampers have to say too. Balanced opinions are always good IMO.

Chris2p, Destitute and Gadzuric. My brother STZ....I know what he thinks and it's unrepeatable on this bb.

I thought I had stumbled across the Majestic Wine bb with Trellis's messages. I notice that Majestic Wine's ticker is 'WINE'. I thought you'd be frequenting that bb instead, Trellis?!

DDClive - any amount of PROFIT should never be sneered at when so many of us, including myself are still under water. Fair play to STZ for getting in at 11.19p. Yes, he could have made a bit more dosh but he could have easily lost it all if the share price had retreated. Some money is clearly better than no money at all.

I hope that they're not keeping the lights on just so that they can pay the remaining staff their wages and award themselves a wedge of cash before they sail off into the sunset. The silence has been ominous to say the least,

I'd like to know which investor had £200k invested here? I wonder what that person thinks about the current situation?

I'm also wondering what ever happened to our resident derampers: Destitute, Gadzuric and Chris2? They have made no comment whatsoever since the company announced suspension. I think all three had money in MYSQ and it wouldn't surprise me if money was "invested" at the 11th hour just prior to suspension. Even if any of them were shorting the share, they'd be in quick sand if they hadn't closed their positions. I'd like to hear from any of them, especially Chris2p who had a lot to say for himself prior to the suspension.

I'm feeling a lot more hopeful about MYSQ today and I think there is a good chance that we could eventually relist on another stock exchange with the right backing and people in place to drive this company forward. I am agreeance with Taurus in that I still believe we have bags of potential. At the same time though, I'd love to see those that stole our hard earned money, dealt out very long prison sentences. I trust and hope that Chong and Austin won't stall on their efforts to bring those that have done wrong to justice on behalf of we PI's. I'm sure Atlas are furious too and I suspect they are also putting the pressure on Chong and Austin in an attempt to recover their investment in MYSQ. I think we should hear something soon. Remember, any update they give us will be on their IR page / web site.

My brother did well but could have done better. When I bought back in May, it was at the 52 week low point so at that juncture in time and for some weeks following that, I was doing fine.

LC80 - I'll keep an eye on the share price and do what I see best. However, thank you for your advice. Yawn.

Or take the dog for a walk, StMary?!