Member Info for JimiHendrix

The only thing stopping me from buying in at the moment is I think the change in advisor could indicate possible fundraising on it's way.

From last nights Petrel RNS... With all preparatory work nearing completion the Tesorillo 2018 MT survey has been delayed to September due to this year’s exceptionally late harvesting season and therefore final permitting. Personally I’m expecting the harvest to be in September so am thinking October for the MT survey. Lots more patience needed here imo, I don’t imagine we will be drilling until H2 next year.

Well worth watching these 2 recent interviews with Paul Vonk, for anybody has not yet seen them...

https://www.youtube.com/watch?v=IB1rIz6IdD4
https://www.youtube.com/watch?v=RHEj-ntGiQc

I must say though I've never heard of a harvest being delayed for months and I can't find anything online about it in this area of Spain

*survey

Prospex will increase its interest to 15% in the Tesorillo Project by funding the upcoming magnetotelluric programme and ultimately to 49.9% for funding a total of €3.8m including the drilling of a well targeting the Almarchal-1 discovery drilled in 1956. Does anybody know how much the magnetotelluric programme (MT study) will cost? Am I right in thinking we don’t currently have funding for it?

Does anybody know what produce the exceptionally late harvest is for? I’m trying to figure out how long we might need to wait before they can start the MT survey. I can’t find anything online about late harvests this year in southern Spain.

If it was true I'd expect to see much larger buys

Why did they use the restricted setting this time? “From the rns .... implied daily rate of 352 bopd and was achieved using a 20/64" choke, a notably more restricted setting than the 64/64" choke used in 2016.”

Yes this is surely a buy and hold now, with news looming. I’ve no idea why anyone would be selling right now.

Valued at 2.2p as it currently stands and with an ultimate value of 17p if Spain goes well.

It looks like this is about to move north again. I might expecting 30’s in the next week or so.

Profits from UKOG will hopefully be coming here, rediculous potential over the next week and month. It’ll be above 26 again in a flash ...and then 30’s imo

We should hear in July... “The Trial is expected to take 8 to 10 weeks with provisional results data available in July 2018”

Strange things still happening. The post I just replied to has vanished

I think we’ll get an RNS for the provisional results next week

It was a buy

Yes 1.20 to sell at the moment, sells showing as buys. I’m unable to check the buy price.

1400000 sold on LSE and then bought back shortly after on NEX as a 1000000 and 400000 in quick succession. Always seems like this stock is being controlled/manipulated. Should see this absolutely fly as the end of June gets closer.

Q2 from beginning of year, which is also the start of their tax year. So end of this month for Romania production. Massive upside here, mcap currently only �5m