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Rathole AKA Brimsley do you have to destruct both boards, could you not just stick to one please, or better still pi** off completely! Even without frac co mingling (possibly with field levels) will produce commercial flow, remember Brimsley this was a well you was spouting wouldn’t flow at all and they managed to get this flowing from lowest zone possible, we also know the field levels will produce, this is far far from a duster!! investors have become short sighted with EME, this is just a bonus for us, China is the play and once we get the update on this it will be good news stories again and we will be flying, and hopefully we will rid you and your 8p placing prediction for good! Enjoy
Frustrating yes. Game over at Dempsey? Most certainly not! Once they co mingle possibly with field level (if required) very likely this will commercially flow as per RNS. huge overaction, oversold and this will bounce once the dust settles! We are still well within shot of Dempsey being proven up and with China news imminent these shares are CHEAP!! I for one will be stocking up at these levels, this won’t last! Gl
Sell up and move on the WWW...
Great thanks both. Bigspike I think it will have an impact on the SP, if Dempsey doesnt flow there will be question marks as to whether they can commerciaIse the lookalikes Wells I suppose it depends whether PCL/REL can turn Tulainyo into a gusher, if they can’t then will have a huge impact as Alvarez is badged as the big play for us. Anyway here is to hoping for Commerical flow and China news this week (or at least one) fingers crossed, we have all been holding patiently and are due our rewards :-)..
Question - as we know SGC/EME are quite far down the process in regards to gaining the permit for a frac, if they tested x3 and found it to be sub com could they then go ahead and frac without putting an RNS out first? Just a thought as if they did announce sub com flow rates from testing they obvs know the market will react badly so rather than risk this could they just go ahead and frac this before putting an Ann out? we know the stimulation/plan is in place due to the length of time they took so its not a case of starting from scratch. Cheers
Silence is golden right now, remember when GJ was spouting off at every opp, look how that turned out, not great! So let’s hope lesson learnt and Dempsey finally comes to fruit, we have every chance it will and should know anyday now. PCL/REL due Tulainyo results anytime soon also so that could influence our SP if good news there! Gl
Yes that’s it Gazza 11-14 range we been in this for a long time, very boring but I don’t think we will completely breach this leve until news drops on either China or Dempsey, I don’t say Indo as I think that’s a while off yet! Commercial results on Dempsey followed by China JV would be the dream news, come on TK!!! Gl
SP always drifts with no news, it’ been trading in this range for a long time now,. News on any front (providing good) will send a rocket up it once again, yes we have waited a while so would be pointless not to see it through now! GL
As bigspike has said ratty hole, we are hooked up to pipeline that can generate cash flow ASAP, and already was before generating before the x3 flow test, albeit small rates more than most on aim as he said! hoping this will gush without a frac but either way she is going to blow, we know the geology is tight, but too tight, I don’t think so me old mucker!! you will find out soon enough. Dempsey flowing clean dry gas from LOWEST zone, it can only improve on the way up the well! Not to mention China news on the way which will make this SP fly. Yes it’s a waiting game and I would like more news but GJ made himself look like a right tool spouting off at every opportunity about Dempsey, imo he’s been reigned in and silence is golden for now, trapping off constantly and not backing it up installs fear in the market and loses all credibility with investors so perhaps he hasn’t learnt his lesson on that front and has taken a leaf out of Tom Kelly’s book, who backs up what he says. The key in a share like this is to remain patient and trust your investment, nothing has changed, all 3 assets are still in place, all 3 Major assets could change the company, why would you bounce it on no news, youd be stupid too as we have all seen how’s quickly this rises, now get back in you hole before we board it up you sneaky rat.
News on 2 fronts dune imminently, if good then significantly is your answer....
A lot of them sells are actually buys and we are slightly up in the day if you look! Yes the news flow has been poor but it’s not worth selling until thE full picture is understood, we know what assets they have and we know what they can produce so why sell until you know either way, seems ridiculous. They are not working to some on heres timescales, news will come when it’s good and ready and I have a feeling China news will be very good , so sit tight until that time! Gl
possibly 8p, it depends if it breaches the next floor of around 10.75 will Defo go back to 11 but time will tell if it dips below that, if it does then yes 8p is on th cards. on the other hand we still do have that massive China news to come and a frac on Dempsey to fall back on so any dip could well be short lived depending on news from them. Personally I can’t see this flowing commercially without frac, why would they waste so much time on designing the frac, implanting permits etc if they were confident of natural flow, but once fraced I think we will have a gusher on our hands so it really is just a waiting game imo. don’t get me wrong I hope I’m completely wrong and we get natural commercial flow (fingers crossed) but I wouldn’t bank on it, more just hopefull! China news could really do wonders for this SP, I won’t be selling any until news on China is released then will make a decision based on that as that news is potentially company changing and could rocket his SP. good luck
We know the gas it’s going to flow from x3, question is will it be commercial (more than boiling a kettles worth) it really is a gamble, red or black anyone. if it isn’t commercial watch this tank, investors are fickle and won’t even consider China or the frac, commercial levels flowing naturally or the market will strike us off! Fingers crossed
That’s because Deutsche bank we’re banking on them being bailed out, but you can’t compare this is completely different, different sector and not 62 million worth... Stewart has said below quite rightly they are rolls, ISA etc so no SP movement, I did think the first one might of been a buy until I see a few more pop up, still we are in good shape here, potentially company changing news days/weeks off so hold onto your hats and good luck, we will know by month end latest!
Another big couple of buys, someone is seriously loading up here!
Couple of lovely buys - 64 grand, someone is very confident and should tick up soon from that! Whenever we dip someone is willing to snap these shares up around 13, shows confidence in this share,news Friday IMO. GL
Thanks coopgare, in you're opinion would this be likely to flow from x3 without frac with what we currently understand.
Get back in your hole Rathead, didn't realise you was a gas engineer!! your input is not wanted here and more to the point is false. Why should coopgare apologise to you, you will be the one apologising when you are proven to be the fraud you are! Geology might be tight but not tight enough for it to flow, remember these are new methods being used and far more advanced that what has been used previously, already flowing from lowest zones remember, even if it doesn't flow natural with frac in place she will blow at commercial levels.
Doesn’t really matter when he releases it , if he does release after the bell it will be the inevitable drop when trading commences or alternatively the drop whilst open!
HI Lawrence difference Is they are not starting from scratch with the approval, I think it would be a quicker turn around that that as this was part of what formed the long delay before testing x3. If I was a betting man I would say without frac this won’t flow commercially but a very good hance it will with this in place l, if you read between the lines thats what I take from it. A lot of potential from Alvares, be interesting to see how tulainyo flows! GL