Member Info for Kildonan

The Galactica/Pegasus project has already been significantly de-risked geologically. Four Blue Star exploration wells, JXSN#1, #2, #3 and JXSN#4, delivered gas flowing at 125 - 412 mcf/d with high air-corrected helium concentrations of 2.0 - 6.1% He. These wells also proved the Company’s previous interpretations of gas on logs at historic wells,

Tree shake by MM's on those that have set up "Stop Losses",,, on their accounts?

Simple invester.

Precisely,,,extremely intelligent investment.

Been watching the Aussie coy's move into US,, as they have facilities to process relatively closly.

They look at the Aussie Helium deposites but so remote from any process to get to market.

Cheers from a very bleak summer in the NE of Scotland. (Huntly) !

3" drill bit, have one as a front door stop,,,,! Trophys of rig hands!

"preparing the wellbore for running the 7" slotted casing and cementing it in place. Once this is complete, the Company will then run a completion string in the hole comprising of tubing and packers to allow multiple testing of the two zones (the fractured Basement and the faulted Karoo Group) during the EWT."

A slotted liner and completion string does not come cheap.

Only means one thing to me,,,, going to be used for future well production!

Stockcheque,, thought it was $75,000 a month,, on one producing well?

Joe90?

I'm an ex rig pig,,, on telegraph can you include me?

Managed to get a top up.

The density and hydrostatic pressire of the drilling fluid used to clean the hole, stops it collapsing. As to your previous post of the drill pipe spinning, they could have reached section TD, and were circulating the hole clean, standard practise, prior to pooh, and running csg,, then cement it. I presume they will run guns to perforate the casing prior to the EWT, if this is the final TD?

No problem topping up here this morning through Halifax!

People in this share, perhaps are not aware of the same scenario which was a problem for Cairn Energy in India? I was instrumental in testing their high viscosity dense oil, adding chemicals to make the viscosity lower, in order for it to "flow" and not coaculate!

They achieved, with similar extraction steam injection means,,, and heated rail transportation what was possible, however with our present MARS scenario, a whole different economical and viable alternative, is possible. There is always a way,,, enginnering wise, but the economics,,, for the accountants and finances, always have their final say!

🤔🤔🤔🤔🤣🤣🤣🤣🤣

Yes, and cannot trade them, "frozen",,,,, why?

Todays RNS, about disposing their Mozambique interests! Alledegly xxx & yyy, knew about this prior?

Should have said in the heading.

Unfortunaly cannot repost, but front page, (US firm Harris Associates), "Abrdn Investor sold up after losing faith in management's talent for revival"!

Staff to work from home. "A very sad day", says Martin Gilbert!

Probably now a fantasy?

Svend, If you are talking about the earnings forecast on Simply Wall Street, it is only £185m for 2026. Interactive is already generating half of that figure.

Having worked there for 9 months in 2021-2, it was clear that Bird has no strategy beyond flogging assets to get cash to continue the share buyback at inflated prices, hence the recent gains. Now that the buyback has stopped the shares are already halfway back to the September point if 155p. Bird was going to flog the active manager (about 70% of AUM) last year and they are trying to sell a commercial park in the Gyle (west of Edinburgh) for £126m at the moment. The line management is rubbish and HR are convinced that the new religion of "diversity" will save them. In a truly genius move just as they were replatforming, abrdn announced that the contact centre (somewhat key to two of the three vectors) was being sent to a desolate building in the Gyle, while the rest of the company stayed in a newly refurbished building in central Edinburgh - the result has been an exodus of experienced staff, just as they claimed to be recruiting 35 more staff and a net loss of AUA while almost everyone else was getting inflows. They proudly touted that a staff survey showed 70% backed Bird's strategy - assuming they knew what it was!

I think Bird is just trying to slim down to a Wealth Administrator, which will be taken over and he can retire with a nice cheque. The platform is supposed to be worth £1.4-1.7bn based on the figure being touted for Parmenion. Say ii is worth what abrdn paid (£1.5bn) and the rest of the business is not worth much by market assessment. Bird is almost at the end of his three year turnaround plan and not much has changed, due to a lack of strategy - as Panmure Gordon said last October following he break-up suggestion by Numis. The platform has fallen to the 8th most popular among IFAs and more platforms are coming, notably Scottish Widows.

As a middle manager, abrdn/Bird may have to take the risk of initiating the inevitable consolidation. I wondered about running the rule over the troubled Jupiter - it has a market cap of £480m, but does generate £45m in profit - about the same as ii did on takeover. Then there would be the savings from consolidating the fund management side. Even a total takeover cost of £600m would generate a 7.3% return, which is more than cash is earning now. I gather there is to be an emphasis on Emerging Markets - with a strong dollar and rising interest rates!