Member Info for kr1988

Why spend so much time here if the future is so bleak?? We all know the answer

Because this share spikes most years.... Rinse and repeat.

You know its easy to do work and check out on here, I'm guessing you don't work the amount you post on here the ten bag?

Imagine putting 100 mil into a company that has issues getting paid…..

Nothing can happen until mated can prove that they are getting money from Petro China on time and in full or from the Mongolian refinery.

Its one of these shares that stay under the radar and then just explode. I just brought in Legal at 8.4 pence. Its a shame I missed the rise but hopefully it will continue to rise in the coming weeks.

I've sold GEX at an 80 quid loss hopefully ill make it back in BRES in the coming weeks, GEX isnt a dud yet but I think I need to wait for the raise before getting back in.

Bres does keep going up…, I should of invested in it the other week when I was considering it!

Im hoping it wont be but who knows...

Thankfully I only put a grand in as its down 10% today, I think ill hold for now and see if the SP recovers.

They have released an rns today, people are going mad saying its amazing but part of it is a 7 mil fundraise lol

Its a case of sell up now for a 30 quid loss or hold incase the SP ramps up, they arnt on aim so its not that easy to raise I dont believe I think their are a few hoops.

They want to raise the 7 mil but their market cap is that so its a 50% dilution (or 100%?)

I dont really understand, isnt their gonna be a 7 mil raise? People are saying this is fantastic but the company is about to dilute this share massively....

Skint lmao, these who brought here at 0.8 and sold out already or even sold now would make a good return in what 4-5 weeks.

LTH have seen their money dwindle away. I doubt many lth are in profit right now and prob need this to go along way before they make their money back let alone make profit.

Add in opportunity costs Im sure many lth would go back in time and not invest here.

Maybe but I think buying now isn’t gonna catch the low point lol give it another 2 months then buy.

I noticed last year the shares seemed to dip around Christmas maybe with selling mid dec then rebuying over the Christmas break.

Well if they can get into the hole and drill deeper they can then move onto production so in theory it may not be that long away. Maybe 12 to 18 months?

The big issue is getting the well drilled deeeper seems to be taking ages to get to that stage.

Master if there is formation damage an option would be to drill a new well within a few meters of heron 2 to bypass the formation damage. It’s not ideal but with the drill pad still in place it would be an option.

I’m not saying it is formation damage but if it is the above would be an option.

Mlbeck the next update investors are waiting on is around heron 2, the last update last week gave the following info.

Heron-2 re-test

The temporary pumping facilities at Heron-2 initially proved much more efficient than the preceding swabbing operation with approximately one third of the remaining injected fluid quickly recovered. This comprised mainly stimulation fluid but with an increasing percentage of oil. However, an unexpected drop off in flow was observed which may indicate some form of down hole mechanical issue or potentially an obstruction of the perforations. Whilst this matter was being investigated the well had to be shut-in to realign the beam pump. This work was completed and pumping operations have now resumed. If the lower than expected fluid recovery rate continues, the well will be shut in for the winter and further remediation options will be evaluated.

Right now it’s finding out if the well work over worked or not.

At the same time we may get an update re gazelle and how the flow rates are going now it’s been online a few weeks.

I hope that helps

A lot of these shares seem to go into hibernation in the winter, I know Zeph are in a cold part of America so the winter means a shut down, really for them its been a poor year in terms of exploration they have only done one well which isnt a great deal but they do generate profits so least they can keep going.

No it’s matd who I’ve been watching in the sidelines but way too many red flags to buy in their.

He1 that’s more like a nightmare lol I’m still watching though from

A far as it may offer a trading oppertunity if the news is good around flow tests

Barnsley apologies I got my numbers mixed up with a different share I’m watching curently.

Thsts a good idea actually the loan option…..

I see these guys did another 1 mil raise. Looks like they are drilling later this year.

Anyone on the pulse with this one as it’s dead cheap atm so could fly on good news.

3lb I’m not a numbers guy however we raised a while back to cover the costs for the 4th and 5th well. We have drilled number 4 but not 5 for some reason. I suspect we still have a fair amount of cash left. With production starting soon hopefully we will be become self sufficient going forward.

If bo wants to drill baby drill next year maybe another raise if he wants to build quicker but that’s only speculation as I think we can generate 12 mil in profit a year. That should cover 3 wells I believe so if we did 3 a year for the next few years that be reasonable but look at Bo so far he has moved with pace and exceeded most companies so may do another raise and maybe go for 5-6 wells next year.

That’s strange as it’s mid year, if it was April you’d think it was just moving shares over to be tax efficient. Random one that Dai.

Sorry typo I’m last sentence!

It shouldn’t be long I hope as any delays tanks shares here on aim.