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Interesting. Thanks
I agree on paper all the hard stuff has been done and we are sitting on very promising reserve. The clean up is from what I understand a tried and tested method to stimulate a well and increase the flow. Looking forward to the positive news and the associated increase in the SP. I fully intend to play it safe but consider the risk here to less than most others in the same game on AIM. I also feel that with all the uncertainty around the world then the oil price is only going to increase. GLALTH.
Filthylucre, not sure what has happened but I for one value your knowledgeable input and updates.
We would be worse off without them.
Just my opinion or wat it's worth.
Wise words Beardozer, appreciated! I am also in PREM and CLON and they are not pretty at the moment to say the least!
Come on Eileen.
I have. I started buying about 18 months ago at around 0.2 and then have averaged down in the dark days so now have an average of about 0.14
Not boasting as since I started to invest I have got many things wrong to say the least!
I thank Kutzz and hunniford and troajan in particular for their unknowing help in educating me!
My first multi bag share! how good does this feel!
I agree with Acker and RickyK. The SP is not pretty on paper but we have great potential and the upside is there with Zulu. 2024 is going to be a good year.
The only way for this to increase to what we are all hoping for is news of the testing results that shows the iTDE technology works on the sample Brines from Bolivia and that the next Larger batches are going to be tested.
Come on Mr Horgan.
Happy to hear it but how do you get to see it before it is on here or main LSE?
Great news! Well done to the Team and much appreciated.
Thanks Acker, same to you, bring it on!
Morning. I seem to recall that the initial commercial calculations were based on a Spodumene price of $800 is that right?
I think that is a distinct possibility, loose talk over some Christmas cheer! Bring it on.
Agree with that Elliselblow.
Happy Christmas all.
Kelly
Looks like the Rampers are checking out...
Whitenight or should I say mr Doom and gloom, two days ago you said this:
"There has been absolutely zero confirmation that any oil has been pumped! No rns about rod pump or flow rates, let alone commercial viability. Until they confirm that then it’s just pie in the sky BS! Seen it a hundred times before on aim. Doesn’t matter how much is in the ground, it’s what they can get out that counts. "
Now they have answered all your points and in particular shown they can get it out, you still de-ramp for what reason I have no idea. Looking across your posts mainly on here you are constantly negative and angry. I think you need to spend your time doing something you enjoy. And now you are the first person I am blocking, congratulations!
Well, no pun intended, we now have absolute confirmation that Schwarzbach-2 is a producing and commercially successful oil producer. As I said the other day I don't really care about the flow rates now as any oil producer knows how to improve flow rates to get what they need to out of the ground. With the current market Cap of just over £11M and a share price of 0.08p to sell this is an absolute bargain and in AIM there are not many of those. Once common sense sinks in this will fly and it is now completely de-risked. Enjoy. IMO GLALTH
Kelly
I agree cekim. The Bibemi agreement will in all likelihood be signed shortly, this side of Christmas and once that is done there is little reason for the Mbe not to follow in short order. This is truely game changing for Oriole. GLALTH
Hello All,
Whilst I read this BB most days of late I have not posted as some of the replies and comments are quite frankly rude at best and down right offensive and unacceptable at worst.
Here is what I think.
Everyone is here to make money, so lets try and keep it to a reasonable, open and honest debate. Share information that we have found that could be useful to others and accept that there will probably be differences of opinions.
Regarding Zulu and Prem as a whole the company, led by George, has made significant progress and whilst not getting everything right by any means, is endeavouring to generate a return for all involved in difficult and fast moving circumstances.
The current share price is not good and I suspect there will be further issues that the company and its contractors will need to sort out. These issues will probably affect the share price adversely in the short term but I do believe we will all benefit as there is Spod in the ground and we have a mining operation that will be capable of getting it out eventually.
Enough said and thank you to those who are trying to have a constructive and helpful debate.
It is good to see the SP has held it's headway over the past day days. Hope the ink is on the paper so to speak.
Eileen must be pleased!
Looking forward to the Field plan from Claire for the new year.