The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
also worth remembering that once we get started we're going to be testing for production not once but twice, firstly in the middle eocene, and irrespective of what result we get there we're going to drill deeper and test the upper cretaceous
talking about going on to c-30 after c-37, there has been some discussion previously on the board with Ezhik and others on how long it will take to derig after drilling activity at c-37, move it a few hundered yds to c-30 and rig up again, It's been communicated to me that it will take no more than 3 weeks to do.
Spud by next Monday. On the shares I believe AC is trying to show his belief in the company
and putting aside his own short term interests in the process ... seems illogical because most of us have natural instincts which are tending on the selfish and greedy. Anyway what we’ve all been patiently waiting for is about to happen let’s hope it’s followed by a great result
i think most of us would take a solid 300 bopd at present to give us a foothold with credibility and the socar contract.. i reckon we would get to around 6/7p on that sort of result. clearly would love something bigger but always best to temper expectations
Unfortunately this will never get to 5p before results because there are too many people/ institutions who got in cheap who will keep flipping them for 10, 20, 30% profit and keep checking any progress we look like making, only a strong result will really kick us on
Great recent posts, which are just about keeping me sane in this motif madness. No point selling now I’m just going to hold and see where it ends up, but no chance I could ever be tempted to buy another bio, or in fact any other aim stock with the chastening losses I’ve taken here
Hi Ivy good to hear you’re still sticking in. My losses are so big I might as well see this through to the bitter end. The whole thing has been very confusing/ misleading and it’s definitely made me realise that any bio stocks are loaded with too much risk to look at again. Just hold and hope now but one thing is for sure the fda were not working with motif as closely as we thought or were led to believe. In fact they were obviously speaking a completely different language to us!!
Ajb this better not be a write off! I’ve recently lost £200k in another share that managed to snatch defeat from the jaws of victory and I’m £100k down here at present so could really do with this getting towards 10p !
Awax the one thing I can promise you from painful experience as a long term holder here is dyor made no difference on Feb 14th and won’t next week. It’s just everything crossed time