Member Info for K3VMC

Panamabob, I’m definitely holding long term. I don’t care how quickly the sp rises, so long as it ends up over 30p, which is roughly where I started buying, before all this good news came along.

I’m more than happy for folks to trade it and take profits before we get there, global conflicts permitting.

Three gaps up in the sp over the past two weeks must be some kind of signal to buy.

Fundamentals here are undeniable.

I also hold DEST.

EVG isn’t there because it’s tiny and not a US firm, I guess. I don’t think it will be tiny for long.

Edgein

That’s a great summary for all newcomers and easily recognised by all the long-suffering holders who have been averaging down for months.

At last, it’s happening.

Ireland needs gas, EOG has gas. I expect things to come to a logical conclusion. In the meantime, Wressle is paying the bills.

Remember the gas is about to be monetised? That could land any day now. It made sense to get the water cut RNS out of the way first, yes?

“ The first phase of the gas utilisation project was completed in January 2023, whereby three microturbines were connected to provide site power which have resulted in a c. 10% increase in oil production. The second stage is the installation of a gas engine to generate 1.4 MW of electricity into a local private power network.”

Extra cash coming and some decent projects to spend it on.

Buying opportunity.

Charts are bang on.

Pboo

“ I see report and cancel culture is in force yet again today.

If you can't get your own way, get the post removed.”

It is admin’s job to remove unsuitable posts. If they didn’t do that, all sorts of rubbish would be posted on the board and stay there.

Best just not to put offending posts up, in the first place.

Golden cross next week, I reckon.

Not many buys, but moving up? RNS trading update in the post?

Talk of the second development well is far more interesting than a little water, which was expected and easily dealt with.

"The contribution of formation water has been long expected at the W1 well and we are prepared to handle the water. The size of the oil accumulation within the Ashover Grit formation is still expected to be at the top end of the original CPR estimate and I look forward to updating the market with the updated reserves once the new production data has been incorporated into the dynamic reservoir model. This will ensure that the second development well is drilled in the optimal location and that the recovery rate is maximised."

Jabberba, I’ve been trying to find where I saw that they had already recruited 30 people. I think it was on LinkedIn, where Harvey was advertising for a CFO. I have to start keeping better records!

Georgio Bertuzzi worked for ENI for thirty odd years and has an encyclopaedic knowledge of at least dozens of gas deposits all over Italy. ENI only worked on the largest finds and even with those, some of them were exited early. I met him several times in Italy and in London. Top man and extremely modest, but what’s in his head is worth millions.

Stevehoops

“ When investors realise just what we might have ,there will be quit a rush ???”

KDR is very illiquid, imo. Someone was bidding for shares through one of my brokers a few weeks ago, but I’m guessing they took the recent placing.

Mozax, , that’s this morning’s surprise!

I’m lost for words, except that I really wouldn’t recommend anyone to follow me.

Seriously.

SteveHoops, excellent article, thank you.

Someone usually knows something, somewhere.

I wasn’t pricing any of the nutritional side in anyway. EVG has enough first class cancer research bodies working on SFX-01 to be the mother and father of all blockbusters.

Mcap of £8.8m, £5m of which is cash, with a sp target of 19p.

Cheap. IMHO

Let’s see where we go with the first month(s) cash in the bank.

Don’t worry about finding more gas. Georgio knows where to find it.

I can’t see a Warren Buffet organisation let this go into administration, for the sake of a few quid.

Hught

I agree with you. It should look higher yoy. It does look higher yoy.

Hught

That’s just the forward order book.