Member Info for Jrlomax

Most firms are lucky to get one successful drill we are 2 out of 10. What’s not to like

Surprised This hasn’t moved up with the 2nd drill of 10 nearly finished. Loads of cash, no debt , fully funded, taking probs nearly 3 mill a month in revenue. Not sure if I’m missing something

If not tomorrow deffo Monday.

I did, the guys reiterated that they are shareholders and want to do well as we do. They are really focusing on the rental side as that is where the bigger profits are. They are getting a lot of business through the Asda kiosks and have started putting them in shopping centres like the Trafford centre. They sound really bullish on the business going forward.

Where’s the big buy???

I wonder what the meeting will throw up today.

Another expert after the fact

What channel

Rental is where the big money is made and the number went up from 30,500 at the end of last year to 36000 by the end of feb. 5,500 increase in two months

You haven’t moved on though have you. You are posting on a share you don’t hold .

Market reaction doesn’t surprise me really it’s weird. Is the company worth more today than yesterday. Of course it is

To everyone for tomorrows results, if this company can’t make money in a cost of living crisis then it’s time to pack in.

We need to get the mcap back over 50 mill so some larger investors may get involved again. Here’s hoping

Why sell before results, what did you buy for? Complete madness. Some deserve to lose money

Suggest you follow the chats I am talking of the RCE wells.

I think I saw an interview that said each well was paid back in about 6 weeks.

At the end of march if we are producing 3000 bopd at approx $80 a barrel in six months time the income would exceed our present mcap. Nice figures if you had the money to buy the whole firm you’d be paid back in 6 months.

If it can’t make money in this market then Steve Oliver’s dream of a billion pound firm are shot.

It seems the warrant sellers are killing any rise here.

Been doing some research but can anyone point to an interview that mentions dividends