Member Info for kr1988

Yeah read that its given the SP a boost, they havent decided who is paying the tax but least its been paid so it means things can progress.

Could the update be much worse?? Heron 2 a duster…… heron 1 high pressure from gas kinda suggests they have concerns over the well so I think that will be redone.

However almost signed off the agreement with Petro China lol

Update today stilll on track to drill early next year. Still processing with the signing of the finding but progressing nicely.

Yeah its just under 300 mil right now, before it went crazy and i think it peaked at 120 pence a share.,

Evening Master,

Have we hadupdated satellite images of heron 2?

Oh unlucky, it’s difficult to decide when to let go as it’s hard to sell when it’s going up and the pull back is very quick. Did you sell in the end?

I see what you mean pp he has been very honest their that their wil be a delay, the part getting delivered in December is he part they need to install first so until they are onsite certain jobs can’t be done which holds things up.

15 mil is alot to KOD thats the issue, if they raise thats quite a bit of dilution that will hit Hanan so it would make sense they cover it or it will hurt them long term.

I see quite a few on the BB are buying more hoping this Fridays presentation restores the SP, I think the Mali problems right now will hurt this sp.....

Hmm its deffo strange, I think the shareholders have had enough of George now and are showing it by blocking him. I dont know whats worse letting him stay on and stumble through or bring in someone brand new who will take months to get upto speed. Neither option looks good to me......

KOD thats really suffering due to Mali right now, the issues with 15 mil as well as really hit the SP hard. One of these where if you have the nerve you could make a killing wehen it comes on line (if it comes on line)

That’s an interesting share, they just buy other shares a bit like us but on a bigger scale but not massive like the big boys. They did well on that trade. Just shows that if you hold after a placing it can recover even if it drops below placing prices…

I guess everyone wants the excitement and build up, once it goes into production the only way it can go I guess is down so I suppose traders get bored and move on leaving just the lth

The price now within a few % is bottom I’d argue so really from here you can’t really loose. I’d jump in but I’m leaving some cash incase of a duster at hex or matd

Im out of this one currently, I feel that with the big problems with Government they wont ratify it until the next government come in and then I cant see it being high on their agenda. Could be Q2 next year being realistic.

Right now people are prob holding hoping for a buy out.

Yeah its done really well today up 20%, I suspect this will fall back in the coming weeks as people get out for results.

Heron 2 results are due in too, Id expect these will drop this week also. This next month will be critical.

Just read the update deffo one to watch as it appears to have a positive future, recent fundraise and they plan to start gaining carbon credits in the medium term. A few new directors as well so hopefully PR will improve. The SP is rock bottom too so once this settles could be a good recovery.

I think its a mixture of both tbh

Yeah Donald trump is very pro oil, good for investments but not very good for the environment….

Ah dai that be the dream if you could catch the highs and lows but it’s not that easy or we would al be millionaires by now lol

I can’t do maths dai lol I’m hoping for a bumper Monday. Maybe bad news at hex lol

Could do with Matd not getting heron 2 online until next year and zeph securing the funding for its wells.