Member Info for jiddy123

Thank you!

HTH - let me give you a hypothetical situation. If DW announces a Farm-Out next week would you want to attend the Presentation on Friday?

A lot of the neg head keyboard warriors on here have absolutely NO intention of attending this Presentation or any Presentation for that matter.

No substance, no research and no hope!!!

Perhaps Desmond should direct his concerns to DW and the board, and not to individual posters on this BB. Perhaps you could consider attending next Friday's Presentation to put your minds at rest!

There will be a shed load of investors there.

I wish that I was one of them!

The SP is driven by greed, fear and sentiment.

Most of the investors who have bailed either don't see the potential value in the four projects or they have gone rainbow chasing elsewhere.

We shall see what happens starting with next Friday BRB!

Have you noticed how predictable the trolls and naysayers are!

There is NEVER any substance to their posts, and invariably they focus on the same old rhetoric:

* No oil
* Can't get it out of the ground
* No money
* HRZ failure
* Director salaries
* Winter
* No news is bad news
* Below 1p
* Share dilution
* Share Consolidation

I am sure that there are a few more, but they are the golden oldies. As Brom says frequently, they would not bash a bad share.

Stay lucky!

He's gone!!!!

That's got to be a record for appearance and disappearnce!

People see what they want to see row, and that is a "duster". They don't see all of the "visionary" work undertaken by PB over a number of years. All of that research and expertise, have brought us to this point ready for the reins to be passed.

Sentiment drives the SP, and that is why we are at 1.2p. We shall soon see whether that sentiment will change. The "duster" brigade will be left behind by those with foresight and imagination.

But what do I know!

If you read the latest RNS, the HRZ did not bomb. The company simply did not have the time or money to develop it.

That is why, on many occasions, the company has said that it compares favourably with other Unconventional projects in their infancy, and a Farm-Out process is already underway.

If you have read everything, then why do you ask what is happening for the rest of 2018?

You are also insinuating that the cash pile is diminishing rapidly and we are heading towards Winter - those comments are loaded towards difficulties, and that is clearly not the case.

That's great news Lti, and hopefully your positivity will rub off on prospective new investors.

For me, even if you write off the HRZ, the additional 500M barrels identified from Conventional 3D (1.5B barrels net) and 120M barrels from Western Blocks play for $6M, is more than enough to justify a much higher SP.

The Farm-Outs are the key - no ongoing costs and retaining around a 30% financial interest in the projects. I still believe that there will be ONE FO for HRZ and Conventional.

I know jack - just speculating. In any event there is a good chance of news before the 14th.

Stay lucky!

No aggression here batfink.

Like a lot of posters on here, instead of doing your own research and answering your own question, you prefer to ask someone else to do it for you.

"So we raised $25.7m and now have $15.01m, and winter won't be far away. Wonder if we are actually going to do anything which raises the SP this year?"

Have you read any of the latest RNS announcements or the recent Presentations?

DW is coming to London next Friday, 14th September. Why don't you register for the event and put your questions to DW or SS?

Good luck.

You tell us batfink, as you appear to have all of the answers.

Would you kindly give us your appraisal of Farm-Out activity in Q4 2018.

In other words, it will go down or it will go up!

IMHO, the SP is markedly undervalued given our assets. Negative sentiment is currently driving it, mainly due to the shut in of the HRZ. We all know how quickly this can move given good news.

Is that news due before the 14th?

There again, what do I know!

$79.27

http://www.livecharts.co.uk/MarketCharts/brent.php

Don't get carried away yet shep!!!!

Thanks Brom!

Seeing Consultant in three weeks, and hopefully another op in October to put things right.

Enjoy the evening stanman!

Let's hope that the SP moves North beforehand.