Member Info for kr1988

Quite sorry

I doubt they will I think the cos is 20% the issue they have right now is lp if they had that it be a different share but the delays I doubt they will do any interviews as for every part this is positive the interviewer will ask about lp and this is negative.

Prob be white from then over the next few weeks

I emailed he1 today to see if I could get an update (don’t know why lol)

I got an email from a random person basically saying no news but they are still looking to spud in q3 of this year. Didn’t want to post it on the main board as it’s nothing majorly exciting. Least they are still taking about q3 to spud

That seems quite positive for wrestle maybe your better iff holding until the new estimates are created as it might take the solo back nearer to what you paid or make the sp explode

True lots of under handed things go on I’m sure maybe do investors make losses on purpose knowing that later in the year this sp will increase? Is their some sort of manipulation?

Maybe it’s hit the bottom and will bounce now….

I guess investors don’t want to hold for 12 months, get in and out and buy back in day October just before they start to make announcements. Hopefully miss a fund raise and make your money work else wgere

Not that I’m aware but the sp has dropped like on other spuds we need to remember this for the future.

Maybe is it harder ground so takes longer to drill or maybe that’s 30 days inc wireline logging

Triple star your point is fair, we are at a pony of drilling why do we need lots of hangers on, what do they do.

Pred oil I think it’s a two man band which is what you want one with technical knowledge the other business keep the costs right down and whilst their rns can be a little poorly worded I’d rather save 3 mil a year by cutting down the hangers on.

Once we are fully operational I fullly agree it needs more people but right now a geologist maybe a couple and a coo to keep things going. 300k a month is a huge wage bill.

Least it’s way lower than it was last winter I can’t have another expensive winter lol

Was gonna post about this but you beat me to it. Recently sps have dropped on news of spud but this has pulled back loads recently so could go either way….

Oh of course we dropped a few at that point. Won’t deny when noble dropped that I was hoping we would do the same but give a bit of an update on the rig so was really looking forward to 7am today

Noble have had theirs granted were ours up for renewal too?

Hmm just read the rns least they are drilling q3 still.

Doesn’t look like we will get an update anytime soon then….

I wounder if we will give an update in the morning when we announce ours have been extended/ not extended.

I guess you have to decide when to cut the losses one day one if your watch list could tank and you may feel it’s better selling up Eog at a loss for a oppertunity to make money wise where. Until you find another good opoertunity you may as well leave the money in eog incase it rises. Provided it’s staying flat and not slowly drifting down…

If he1 gets to 10 pence plus I’ll break even after the last 2 years but as long as you learn that’s the most important thing so when you build up a bit of a pot your not losing big chunks of money.

I guess they will do a fund raise at some point but they didn’t do it until after the rig was mobalised last year so might not happen for a long time.

Their still due to drill early next year so once I finish with he1 I’ll see what’s gonn in g in their as their is an easy 30-40% increase in the build up to the flow testing.

I suspect if noble are requesting to keep hold of the rig after they drill it will give he1 the chance to drill a second hole. Sofari arnt going to say no to us using it whilst it’s parked up down the road.

Since Lorna doesn’t talk much we can only speculate but if the rigs stays in rukwa r I’m sure they will allow us to use it.

Don’t worry dai give it a few days and it will be sub 7 pence from those who made money quickly jump out and then the drop will spook others and push it back down again

With 88e currently is it when sell price ticks up the seller starts to sell?