Member Info for kn0wles

And don't forget:

"- The planned Blythe H2 well is intended to increase production rates and limit water production from the reservoir, which would alleviate onshore water handling requirements"

Thanks for sharing SPA, hopefully that means they have isolated the required zones and stimulated the remaining zones and testing started, they did say it would be done in the coming weeks which we are now in the end of, an update and flow rates shouldn't be far away now?

I'm hoping we see plenty of updates upon suspension lifting, in nearly 6 months surly there is plenty of progress that needs to be released to shareholders beforehand, I can't imagine they have been sat idle that whole time?

Does anybody know the value of Coro's 15% stake in the Mako gas project after Conrad's presentation released yesterday?
In the presentation they have gas sales worth 4.5b US dollar's, is it as simple as taking 15% of that amount minus contractor fees and tax?
15% of 4.5b= 650,000,000
minus 23% contractor fees=519,750,000
minus tax@50% (quick google search shows 40%-60%)=259,875,000
divided by the 12year production life=21,656,250 per year to Coro?
Disclaimer- *** packet calcs at best. Has anybody else done the math?

I'm surprised CORO did not go higher than EME, CORO have a 15% stake in MAKO gas project compared to EME's 8.5%, CORO market cap is also half that of EME.

I think people are forgetting that we are actually gas producers with £35m in the bank (last reported cash balance).
The next phase of drilling is also funded to the tune of £65m by Cal Energy and the largest asset's we have licenses for remain to be drilled/brought online, there is plenty of time and scope for future success however disappointing the A2 well drill has been. For some Lombard have gifted a great buy in opportunity.

Assuming drilling is of MOU2 is successful.

Does anybody know any rough dates for expected gas sales, I've been looking around and just can't see any forecast dates anywhere?

Just a few impatient selling, nowhere near enough volume to suggest bad news.

These will be getting sold on the open market in the same way as if it was you or I selling.

Balls a steel Splice that's some gamble on a drill hope it works for you, in comparison I'm playing the penny slots with 32k shares, ha ha.

Cal Energy realised the potential and invested heavily, if its good enough for Warren Buffer, its good enough for me, lol.

The only other thing we do not know is when they first bought, Boo they have been strategic partners for some time so its possible they may have purchased originally at a higher price but not crossed the 3% threshold to warrant a TR1?
All speculation of course.

And now compare REVB- market cap £59m
For the full year to 28 February 2023, we now expect between £215m - £225m net sales and adj. EBITDA of between £18m - £20m.

To Warpaint- market cap £144m
the Company is pleased to report sales for the full year have exceeded previous expectations and are expected to be approximately £64 million.
In addition, in its full year results, the Group expects to report adjusted EBITDA* of approximately £11.8 million

Once a positive outcome has been established which I believe it will, there should be a decent rise back to a fair value, what will be more important is addressing the issues going forward irrelevant of the cause.

Good call, %0-%15.9 whoooo ; )

Schroders

And here come the TR1's, Shroders have increased to %10.25, should see a few more TR1's in the next day or so to see who is backing TWD.

GSA capital partners upped their short position again on the 29/12/22, what do they know that we don't, if the side track is successful then a big rise in the share price/market cap should be nailed on?

https://shorttracker.co.uk/company/GB00BYWKC989/

Veteran, I very much doubt there will be any need for another raise any time soon if at all? The proposed raise as stated in the RNS dated 12/12/22 was for £5.15m, the proceeds raised as stated in the RNS dated 06/01/22 was £4.76m which gives us a shortfall of only £0.39m, there was to some degree some contingency accounted for in this amount so with some careful planning and adjustments this could easily be avoided and who knows what contracts or partnerships will be signed from now until August which is the predicted cash runaway date.

Exactly Gigawitt, its there in black and white, basically a one off payment to cover past and future use of Nano's patents, its anybody's guess what that will be so until negotiations have completed we will not know due to a confidentiality agreement.