Member Info for Jonnyfro

Really??
I suggest you listen to the two interviews that talk about cash flow positive as soon as possible.
There are plenty of triggers to come
1. Holdings RNS for Align's increase
2. Holdings RNS for EHGO selling out
3. DS converting his £585k from the convertibles
4. Quinlan presenting tonight
5. Bringing all the old bluechip Unilad customers over to Iconic Labs

That could all happen in the next few weeks.

8th March RNS to draw down £1.465m
DS has an option over £585k if he takes it..
Since then:
8/3 £200k
14/3 £287.5k
19/3 £375k
DS £585k

That leaves £17.5k left to exercise
Can't see why DS won't exercise now he has the Unilad team integrated

No it's not the shares in issue here are wrong - they have 400m in circulation so mcap 2.64m

Still peanuts given todays news

Yes I get that but if they’re relying on the 3D seismic then it’s hardly accurate. Either way let’s preume the Seabee had no hydrocarbons and was water saturated This zone does mixed with water Next zone?

How do we know the zone of interest wasn’t the Seabee just lower down? They quote in their rns that nothing was found at Seabee at 4272 which is 400ft below what was on the seismics. If they did go through the Seabee presumably it was water bearing as no hydrocarbons Then this zone of interest has some hydrocarbons Fingers crossed all

I think the only reason rmp and 88e are suspended on asx is that they’re dual listed. Otto isn’t

Yes don’t disagree but it works both ways. Success rmp will do very well Failure rmp will be hit the worst I fwiw am leveraged 75% in here and 25% in panr but it depends on your research and appetite for risk

https://www.linkedin.com/feed/update/urn:li:activity:6501683031156363264

Nordic Calista 3 working under the Northern Lights... Looks like we're all good to go

https://www.linkedin.com/feed/update/urn:li:activity:6501683031156363264

The Directors expect that the net proceeds of the Placing and Subscription will fund the Company for a minimum of 12 months.
From the fundraising RNS end of June 2018

I presume they've got plenty of time to raise more funds as a decision on well drilling doesnt need to happen unitl Shell run all the seismic data.

Cash position at end of June 2018 was £2.9m
Ops cost ~ £1.6m per year
So should have cash ~ £2m

we should clear todays highs on Monday IMO with the weekend press

MMS just playing the chart.
It's 3.9 to sell at 4p to buy despite the 3.6-4 spread
Think they'll push it on after 3pm

That's a cool £28k sunk into ORCP

What is different this time is the new CEO appointment few weeks ago - she is an ex gov official in area where the project is happening - has all the contacts therefore and no coincidence we have had a few big RNS in recent weeks and so much more news due in next 2-4 weeks

Last placing was at 1p in August - a bagger jsut to get there

Production in June
Financed by Chinese giants
All time low share price

Strategic importance to the Chinese due to being on the Chinese Pakistan Economic Corridoor

50% shares not in public hands

It’s his number from the may presentation David Sefton Executive Chairman +44 7989 333 371 david.sefton@aaog.co James Berwick CEO +44 7872 380 364 james.berwick@aaog.co St Brides Partners Frank Buhagiar +44 20 7236 1177 frank@stbridespartners.co.uk finnCap Christopher Raggett +44 20 7220 0500 craggett@finncap.com

Just going off the delayed buys since Friday we've had:
2.2m on Friday
1.2m on Monday
1.8m yesterday
1.3m yesterday
1.15m yesterday
This totals 7.65m which is above the 3% threshold so we should get a TR1 if it's the same buyer