Member Info for kr1988

I’ve not listen to the agm as I had work sadly but I suspect as mentioned before it’s ’upto 1000%’ missing one word is key in this senario.

Senator prime , you quote, “Radial drilling can improve rates by up to 1000% according to Gerry Smart!”

But you failed to add that he thought that was unlikely, no wonder I get annoyed with people putting up posts to suit there narrative

Azzzbaa used AI research on acid washes to come up with a BPD figure for H2 that was utter nonsense , he has also repeatedly mentioned sand traps and hot washes for H1 t increase output , which we have been told will not happen at this time

As for yourself , 1000% increase on H2 at this time would be ……..0% it’s not pumping oil , keep twisting words to suit your narrative though rather than facts . Maybe wait till the radial drilling has taken place .

I’m sure tbt will report these posts, he has a direct contact with the fca so shouldn’t be an issue. It’s important to wipe out these false lies on this bb.

That is a strange one dai but this company is messed up so you never know. Big day tomorrow do they announce final results or not.

The sp has pulled back quite a bit this week I’ve noticed but not surprising after last weeks rises

Apologies posted in wrong thread.

They sorted the agreement and paid last year at about this time, and in the end they sorted and paid the withheld amount. Some on here would adamant that they would never pay the withheld 30%

I do agree, I haven't watched the agm yet due to diary commitments but it appears based on this BB that we haven't been paid for this years oil. Surly when negotiating a deal the old agreement remains in place until the new one comes in? I don't understand how Petro China can just stop paying because we have moved into a new calender year? Whilst yes they will pay at some point based on previous years but them not paying is surly just in malice nothing else.

Also we have completed 5 months of this year, surly the agreements are just tweaks not whole sale changes to the agreement from last year so why does it need to take so long other than again Petro China acting in a malious way.

They sorted the agreement and paid last year at about this time, and in the end they sorted and paid the withheld amount. Some on here would adamant that they would never pay the withheld 30%

I do agree, I haven't watched the agm yet due to diary commitments but it appears based on this BB that we haven't been paid for this years oil. Surly when negotiating a deal the old agreement remains in place until the new one comes in? I don't understand how Petro China can just stop paying because we have moved into a new calender year? Whilst yes they will pay at some point based on previous years but them not paying is surly just in malice nothing else.

Also we have completed 5 months of this year, surly the agreements are just tweaks not whole sale changes to the agreement from last year so why does it need to take so long other than again Petro China acting in a malious way.

I totally get that its a long term 15-20 year decision but the short term issue around sales is important.

MB was adamant that the oil sales agreement with pc was not holding up the farmouts but im not so sure....we know the chinese always want more🤗

Can you please pump 30 mil into our company, we cant sell the oil but its ok....... I'm sure this agreement plus the one for 2027 if they need another one will be a massive concern to any investors. No agreement no money coming in........

Yeah today is a real dissappontment, I cant believe they havent been taking the oil, we have millions sat their and yet they arnt paying us for it. Total shambles but I agree it will be at a higher price than before but I dont know why the old agreement wasn't still in play.

How can they not pay us? Surly the old agreement remains in place until the new one is agreed? So we have gone backwards from being a revenue generating company to becoming a none revenue producing company......

That’s a bit under welming today, the farm out bidders now want to review the 3d data.

No oil agreement and still no decorative plans for well work.

What have the company been doing for the last 6 months?

Still no update, maybe we will get an intraday one or one will drop in the morning?

It’s 9 am but it’s Thursday not tomorrow :)

This BB seems to be going wild today, with no update we don't know what's going on so we all just have to chill until the update drops and we know more facts. Right now we can only be a day or two from an update at which point we will have all the facts but until then its just peoples thoughts and guesses about what's going on.

Those are big trades for such a small company they must of brought low and selling I can’t see them pumping that much money in with the potential suspension next week

Yeah totally, its market cap is 11 million, should have the cash to drill so it culd go on a run, its just a shame their not drilling this year. Ive added it to my watch list, might be worth getting in back end of this year ready for a spud early next year.

I wounder if they will use the HE1 rig?

I look forward to seeing your theory lol but yeah that's a big discount, I guess they didn't expect it would go on such a run over the last few days. The price would prob of been agreed a few days/ weeks back.

Oh I remember seeing this, i think they have taken the licenses that HE1 didnt want so Im not sure this one will succeed however deffo one to add to watch list as it could offer a good trade like HEX did, it went from 10 pence to pence really quickly.

True I know what you mean fw some times these companies have crazy valuations but the market allows it.......

Dai thats a big turn around from being 30% up earlier to now being in the red, I suspect its the traders getting out after a nice run.

Are we gonna see a fomo Friday tomorrow? A bit of a drop today but with the bank holiday and the AGM on Thursday their is a high chance that the RNS will drop Tuesday. Will traders pile in hoping that the farm out news drops next week.

One Im pondering do I go balls deep for a gamble of a fomo Friday? Seeing CW do well in GEX its re-ignighted my passion to trade!