Member Info for JezTheFez

I wonder how many bottles of wine Trellis has consumed tonight? Probably just the two.

My state of sobriety is going to be questionable for the most part of next week so I'll try and keep my nonsense posts to a minimum. It's all about quality not quantity anyway.

Don't miss me too much. GLA. Another week, another dollar!

Well I like to think I add a bit of comedy to this bb even if at times I appear to be the pantomime villain. If you can't laugh at yourself then who can you laugh at? Harry? What do you mean? Who doesn't love my comedy fez? Fiz or Fez my predictions as of late have come true, so I'm not as daft as you think I am.

Trellis,

Yes thank you. I'm heading off to Cyprus for a week as of tomorrow. The hotel I am staying at has a very conveniently timed "happy hour" which I will be making full use of. I'm certain more than a few brandy sours will be enjoyed, not to mention the Keo Beer.

Partridge,

Shouldn't you be adorning a pear tree at this time of the year?!

If "everything will work out for the best" then surely we have nothing to fear? Even those that need to "grow a pair" or in your case, "grow a pear".

These festive jokes won't get me anywhere.....!

Jezza

It can however affect the share price during and after the drill results.

Just as we have seen as of late.

Why are people talking about JJ's options? He has already made money from this and he will be richer for it whatever happens. Meanwhile...hardworking, decent PI's are being screwed over left right and centre, so nobody should be singing sweet nothings about them until they deliver on their promise of "leaving a financial legacy for us and our families" and our "many, many multiples" and our "dreams in the desert" etc etc.

sorry that should have read, "what if all 3 wells fail?' and not 4 wells...….

Te-9, 10 and 11 are all speculative gambles based on rushed hypotheses and finger-in-the-air strategies. PI's money is being gambled away with gay abandon in an attempt to satisfy egos. Remember that should all three wells fail, JP will still be rich and PI's will be less well off IMO - emotionally and financially.

I believe that by the end of Te-11 everybody will be so sick of SOU including the BOD, that we will move towards an asset sale, which will be a longer and more drawn-out process that it would have been if we had sought to opt for a sell-off of the company instead. The issue will be finding a buyer(s) who is /are willing to pay us a fair price for the assets. I believe JP will fail in finding a farm-in partner for Sidi in what will be a very turbulent global economy come mid next year.

The upcoming CC on 13th December will need to answer some very serious questions:

- what if all 4 drills fail?

- in the event of all 3 drills failing, please explain what our Plan 'B' is?

- how will our so called LE be affected?

- will will move towards an asset sale or a company sale?

It's rather akin to what is happening with Brexit at the moment. It's looking highly likely that May's Brexit won't obtain the approval of Government, but she will NOT give an answer as to what her Plan 'B' is until the inevitable result bestows her. We as voters are entitled to know what her Plan 'B' is esepcially taking into consideration that it is we the people who were given the opportunity to vote on whether we wanted to remain or leave.

I hope JP et al are contemplating what their Plan B is and won't give us all a wooly answer on the 13th. Any decent CEO will always have a contingency plan up their sleeve even if they never need to deploy it.

Reading the various comments on this bb this morning, it is evidently clear that people think that Te-10 is going to fail. The jury remains open with regards to Te-11, but given the poor sentiment that festoons this share at present, the chances are that all 3 wells will potentially fail / encounter problems.

Even the most hardened rampers and staunch defenders of JP have chosen to fall silent. Is it because they have simply ploughed all of their hard earned savings into this and are thus left overexposed in what now has best become a stab in the dark? Probably.

Fellrunner and Trellis as I do, like to tell it how it is regardless of the fact that all three of us are invested here. If you don't like to hear alternative views on here then I suspect you need to go away and grow a pair. We have been completely let down by the BOD here and they better be hoping for everybody's sake that they find gas. The offer of my brother and I bottling our farts from now until end of March 2019 still stands should JP warrant this. If we can help add to our already proven gas reserves then I am up for it. Don't so I don't care!

Must say, it's all looking a bit precarious if I'm being honest. Wouldn't surprise me if they'll pay themselves a final wage and then close us down and ride off into the sunset with nothing left for us. It's very weak and a total disgrace if that happens. We need some communication from them next week. WTF is going on? Speak to us.

Tableleg,

How can what I say be called gloating? I am hashtag anchored at 34p at the moment and have a plan to average down on what I believe will be poor results at Te-10. I am predicting that the share price will fall to around 9p-11p and that I hope to be buying more in single figures. If it doesn't happen then no worries. Not sure why some people on here are making this sound more than it really is? This is my opinion and you don't have to agree with me.

Te-10 has been rushed and ill thought through IMO and hence why I don't hold much hope of success there. I have however commented that I believe Te-11 will be a success for the simple reason that by the time the drill bit hits the ground, we will have more knowledge, more data at our disposal and a better understanding of the geology.

Have you tried a brandy sour, DesertMocks? I'm heading off to Cyprus next week and the hotel I'm staying at makes excellent brandy sours. I recommend you try one and I'm sure you'll enjoy it.

If I knew the winner of the Grand National then I wouldn't need to "invest" in shares. Having said this, I have won the Grand National a few times in the past - most noticeably with Minnehoma back in 1994.

Now back to the drink. I wonder what my colleague, Trellis is drinking.

I'm trying to imagine what the "after taste of Badile" would indeed taste like? Dusty notes perhaps with a hint of pizza aroma?

Trellis,

One bottle down and I will be partaking in a couple of brandy sours before this night concludes. I wish you well in your quest for wine perfection. I trust and hope the Wine Merchants didn't let you down today and that the Trellis Cellar has been replenished after what has been an emotionally charged week.

DDClive - you and I will continue our sparring matches until one of us is proved right. That will be me when Te-10 is a duster and I'll be waiting for you to apologise to me.

It's been so badly rushed and ill thought through that there is no wonder Mitchener downgraded the COS to 25%. As I said earlier this evening, I am not basing my predictions on any hard fact at all. Rather, I am using gut intuition. I'm not picking-up the vibe, mate....you know what I mean? It just isn't making me feel all warm and fuzzy.

I'm not hoping that it will fail because I'd much rather we have two successful drills and we head towards the LE with big smiles on our face. It also worries me hat JP is now looking seriously at selling off the assets rather than the company. Especially when he has said in recent presentations that there is a tax benefit for selling off the company rather than the assets.

It baffles me that somebody bought £23k's worth of shares today given this state of flux. No wonder certain investors on here feel aggrieved when things don't go their way.

A single figure share price will come into our lives IMO based on sheer bad luck more than anything. Crazy I know, but there we have it. I look forward to copying and pasting these messages on this bb when the Te-10 results come in. You also have to recall that before we drilled Te-9 I came on here and said that should all three drills be a success then I would be more than happy to come back on here and apologise / call myself a numpty. No need to do that now as we have already had one failure, despite many of you on here thinking that I am a numpty.

I don't want a verbal tete a tete on here now. Just airing my views on here because people seem to be blinded again by hype and it upsets me. The only thing that can do the talking is the drill bit. I don't believe a single word that is spouted from this BOD these days to be honest. They have gone back on their word so many times as of late I have lost count.

JJ's message yesterday made me cringe. His explanation of the TCF / share price calculation reminded me of of those riddles off Clash of The Titans. They are being economical with the truth at the moment IMO because they don't quite know what their strategy is. It's finger-in the-air / hit and hope methods that will end-up landing everybody in even deeper waters than we currently find ourselves wallowing in.

Yes, I intend to average down. Simple to understand.

I meant to say "sink" not "sick".....although given the speed of my drinking it wouldn't surprise me if I get two bottles for the price of one if you see what I mean? Trellis would be proud of me.

Before I get shot down any further, I'm heading-off for the weekend. Time to sick a bottle of Barolo I think. God knows I need alcohol after speaking with some of you lot. Prize numpties.

I'm stuck with an average of 34p mate. You're mistaking me for my brother STZ who bailed out of this share today because he believes what I say holds some truth. That is, you'll get a chance to buy-in when Te-10 is a duster. That's the gamble I'm willing to take and I reckon yet again I will be proved right.

Bunco - as I said.....fear the worst and hope for the best. It's in the lap of Steve "Kerching" Chong and Steve "The Bionic Man" Austin. Two super heroes fighting against evil Eric and his Potties.

I'm expecting the GSA to land some time in the New Year. I believe the cc on December 13th is just too soon and will be an opportunity for the Team to update us with their thoughts regarding Te-10 as well as provide us with an updated forward plan so we know what direction we're aiming to head in.