Member Info for Jimmcdee

NM

Was always amazed that continued selling that would appear as if to stop a rise in SP for some Months now. Especially after recent "Placing", the SP has been pretty much stagnent. With all the positive vibes, the continued selling makes no sense to me. Only thing I can think of is the transfer of Shares leading to a possible buy out. I may well be missing something, but anyone got thoughts what this Trading Pattern means...if anything?

What is the Threshold Value of Royalties (by Law) that must declared by RNS? $5,000...$20,000...?

TAC, no point in arguing with negative Posts here, you're flogging a Dead Horse. However I will confirm again the monthly Royalties ARE $50,000, and are likely to increase as more Land is leased for further drilling.

TAC, no point in arguing with negative Posts here, you're flogging a Dead Horse. However I will confirm again the monthly Royalties ARE $50,000, and are likely to increase as more Land is leased for further drilling.

I have it on good authority that the royalties are indeed $50,000 per month, and not to date. So all good as far as I'm concerned.

Sometimes people read things how the want to read things, in this case negatively.

I hadn't considered that GP. I must confess I like you suggestion, that they may need a bigger Pump.

Well, our Stategic Seller is really going for it today.

I have been wondering what the situation is regarding the securing of Leases. Any Leases surrounding an existing Lease that has a major Oil find, could be very attractive to others. Could it be that Reach are in the process of securing surrounding Leases, before possitve news gets out. Securing them may become very difficult, or at least much more expensive. Pure speculation on my part, but may explain delay. Anyone else got any thoughts on this possibility?

Totally agree TAC, I see Paul has posted another good Post.

https://x.com/roberts_pa76343/status/1798483801259065356?t=dcfd6kIg0lHF0pdNSuKE9A&s=19

Not so sure UJO would want to invest further into WN. With all the political uncertainty here and the Profit Levy, they may decide Cash better spent in U.S.

Stokey12, he seemed to 'nod' at the right moment, when RS spoke of support.

See 48 mins in..

https://www.youtube.com/live/px88W4KWzfY?si=4LZcJXo27rsgK19d

Yes I was watching that, sounded positive for H&W to me.

New Picture on X showing what I think may be this...

https://wanner-hydraulic-lift.com/

I agree with your last Post Christine, your comparison with other Oilers speaks volumes. I think Investors will do very well here.

Nm

Https://www.belfastlive.co.uk/news/belfast-news/harland--wolff-belfast-closure-29174610

Thank God we don't have a 'Stripper Well'.