Member Info for keeptofacts

second hand shareholders according to the BOD!

aka, mugs who will get shafted by every possible type of death spiral fund rasing and consolidation.

And, YES I unfortunately count myself in that group.

can anyone confirm who owns the IP for 201, 401 etc?
is it VAL or an individual or holding company?

I have often wondered at the bod's lack of interest in the share price.
indeed many of their actions could seem aimed at reducing the share price.

" Sounds bad luck story’s have resulted in so many shares issued that they need to have a disproportionate level of success "

this is complete nonsense!

stop making stuff up to try to make your wanabe trader ambitions work out.

we are ALREADY funded for the full 3 well program (including TE11)

" 40-50 days for ground works"

it's a simple well pad in a desert, not the coliseum!

replying to the f&ckwit?
can't you see that is exactly what he/she wants?
they don't care what the response is as long as they get one!

fair point partridge, but my main point stands.
price per tcf NOT price per share.

there are many ways to come up with many different answers.
I am not qualified to accurately estimate a price. indeed many of the variables are at this stage unknown (TE10 volume etc)
I am even less qualified to advise on that price.

my main point was to stop focussing on share price. look at (say) cove share price a month BEFORE any offer received and look at final sale price.

people needs to stop thinking in terms of price per share (although this is obviously what you get).

if you think in terms of price per share 75p might seem good to some people considering we are at 20p.
BUT that would only be around £750M for ALL the assets and future pottential.
that would be a rediculously low price.
add up the tcf we prove up and the number of targets (with poottential tcf) and the GSA and the pipeline etc etc. and tell me £2Billion would be too high a price.
I don't think it would be. my own target is higher.
look at what has been paid for similar assets by the big players recently!

the idiots are back.
must be a miserable life for them.

get a grip you misserrable s0d

I love a conspiracy theory as much as the best man, but we don’t need to think too much about this non exec change.
The important bit is right there in the rns in black and white.
“step down from the Board after completion of the Company's ongoing operational programme in Eastern Morocco, which is expected to complete towards the end of H1 2019.”
Operational program expected to complete towards the end of H1 2019.
That is before end of June!
Can’t see anyway we will drill TE11

why the fcuk would anyone care?
and more to the point, why do you feel the need to tell people?

needing validation from strangers is a little sad, wouldn't you agree?

Joe, can't see how we could lose 20p a share on non commercial TE10.
we already have TE5 commercial well, with GSA nearly done, pipeline etc advanced plans.
you simply can't value that at 0.

also, TE5 proves there is comercial gas down there. it is highly unlikely to be the only commercial gas in the whole greater Tendrara area.

the sad little driblig tw$t has had posts removed.
oh well, guess lse admin happy to support a proven liar and self confessed wind up merchant.
I gues if your whole world is this BB then you might get upset when someone highlights your inadequacies on here.

well done, that is perhaps the most stupid post I've ever read.

a buyer is not going to say X tcf gas is worth Y, but I'm only paying you Y-Z because market sentiment is bad!

Good grief!

" They can RNS what they like. "

factually incorrect!
suggest you read up on the Nomad's role.

they either issued the rns because it was required or they wanted to.
remember rns has to be approved by the Nomad.

so whatever the bb idiots say, the news was significant enough to either force an rns or be approved as an rns by the Nomad.

perfectly reasonable behaviour.
indeed, sounmds like a plan now :)

any idea what the cost of coiled tubing is?
I can only find an article talking about 2010 prices of 500K for 20,000 ft