Member Info for JezTheFez

Jacklevi,

I think the well will have a saline issue due to Crudehope chucking a load of salt at it the other week. In all honesty, I believe we will experience pressure issues but that's me guessing and I'm not basing my prediction on any fact. As I have already said, I'm focussing my attention more so on Te-11 because that one should come good. Anybody buying-in now should IMO wait until the results come out for Te10 because I suspect they can buy shares at around 9p would be my estimation. Last time I stuck my neck out and made a prediction I was right, so people can decide for themselves as to what their individual strategy is. I have been explicit with mine. I'll be looking to top up in January - even if the well results are good.

It's highly likely the Te-10 is going to encounter issues. I won't be buying any more until the results are announced as it's too risky. If the well is a success then great, but with 75% chance of failure it's not filling my boots with confidence. Now with Te-11, I believe we have more of a chance to get it right because we'll have more data to play with and have time to choose a suitable location for the drill bit to work its magic. Remember, all we need is one successful drill and we're very much back on track. We'll know where the land lies by end of March / early April 2019.

McSquares is our hero. He has battled through illness and still kept a smiling. MYSQ can hopefully battle through their illness and come back fighting again. I still think there is a strong chance we can work our way out of this mess and I hope that Ker-Ching Chong and Bionic Steve our doing their best to ensure our company will continue and begin to prosper.

#maythefezbewithyou all this pantomime season.

Indeed Sliotar. We're just a pair of disgruntle lemmings in search of a suitable cliff to dangle our heads over!

Thanks Goldminer. I still have blue touch paper stowed away for our next "boom" although the 'b' may have to be exchanged for a 'd' in which case, the only paper being used will be toilet paper to wip up the mess we're going to create when we nappy wet / soil.

Where's my "well said JTF?"

I wonder why a company like Predator wouldn't want to look at a farm-in arrangement at Sidi rather than go after a new asset? I'm wondering what we are going to be doing with Sidi, if anything at all. It's as if it has been placed on ice just in case the next two drills fail. Maybe that's why JP hasn't played his cards with what we are to do with it at this juncture in time.

If Tencent saw something in us then this bodes well for whatever future we have in store for ourselves. Fear the worst and hope for the best is where we are right now. Fingers crossed we'll carry on. The thought of losing several thousand pounds is not a nice thought just before Christmas.

Trellis,

Your Wine Merchants will be visiting you tomorrow so make sure you keep the Trellis Cellar nicely replenished during this festive season. I in the interim will be amusing the thousands at various entertainment venues up and down the country with my comedy fez. Oh no you won't......oh yes you will!

My bottle of Bollinger is still in its presentation box and carry bag waiting for the LE.
In the meantime I'll get drunk on Trellis's messages. All this talk of wine is making me giddy.
How many bottles was it today then? Just the two?

CLNR Cluff Natural Resources.
Great RNS today (been 3 years waiting for it) and they have gas fields worth a small fortune and will be doing join work with majors.

Possibly Jacklevi, but what we need right now and going forward is very easy to understand and crystal clear communication from the BOD. Anything that lends itself to ambiguity or a conflict of opinion isn't what is needed right now at such a delicate time in SOU's journey. Sorry for my outburst.....

Drogon - I totally agree and hence my message below yours. It's about time the BOD man-up and stop treating we PI's like numpties. Just tell us how it is and stop trying to be cryptic and ambiguous. We've had more than enough BS over the past few years and we don't need any more. All his message has done is wind me up.

I just think that somebody who has a relationship with JJ via email just please needs to ask him to tell us all in non cryptic language, what we have currently proved-up in terms of a share price. Is it 0.23p or what?

I find it distasteful that after all this bickering and "back of fag packet" calculations a distinguished member of our BOD just can't give us a plain and simple figure as things stand TODAY. I'm not interested in all the variants and what if's and could be's. We just need this clarified for everybody's sanity.

Tandara? Sounds like a dodgy spray tan.

I agree. An eventual takeover e.g. by Glencore is highly likely here. We have world class assets but they deserve to be worked on by one of the "big boys". Should we sell, I suspect the price per share to be many multiples of what it currently is, so theoretically speaking, nobody should be upset or miss out.

The problem with this share is that the share price has been so low for so long that anybody who managed to get in sub 2p has probably derisked their investment this morning or even sold out altogether. That's why the share price has probably come way down since this morning's high. I have been invested for over 3 years here, so waiting a little longer for the big prize is fine by me. The next RNS will flesh-out more details and probably name the major and that's when you'll probably see the share price react more favourably. What has happened this morning, is just a jostling of positions. We should hopefully see a more sustained rise in due course.

I wonder who the Major could be?

One only had to look at where the share price ended-up at yesterday's close to see that it was all a bit "leaky, leaky!"

Echo and SOU are siblings that shouldn't bicker with each other.

13th December is likely to be spud date for Te-10. Not sure we will have the GSA by then, but we can only hope.