Member Info for Louis10

The proven liar is you, the disgraced Olderwiser.

See numerous previous posts on the subject.

Saw this on the PRD board where they're also expecting a CPR -

"curious from an anthropological angle you become a tribe of moaning underwater LTH's to be found at nearly all AGM's etc."

Olderpoorer also is over there wishing for a placing.

Truly the asylum.

Don't worry, you'll be there soon. Single digit prediction is medium term. Sub 1p is longer term, following bond conversions.

Continues with a very large published spread, which can be off puting for new investors.

They raised the dividend to enable people to sell shares at top price. Suckers bought them.

August sometimes can be a very good month.

Nothing really meaningful to reply to in the previous posts. What does strike me though is the way posters here are so accepting of their 90%+ losses. Some might think they're all just company related accounts.

It's only valued if its commercial.

And the cost to extract the 7,000 barrels of oil?

Theta West - "requiring additional drilling and testing before potentially being considered commercial"

Significant qualifications. There's a long way to go yet there. Certainly not at any development stage.

Sad that the market appears not to believe any of that. Nor apparently do the oil companies.

Scot - stop hiding behind the Tony moniker - its pretty sad.

Once again, people can check and form their own view. I'm sure that anyone with an understanding of the language will conclude that you are the deceitful one.

Time for everyone to wake up to the fact that Tony is utterly clueless.

As I said, people can check and form their own view.

Thing is, Olderwiser, anyone can click on either of the two links in my previous post, see what Jim actually said, and firmly established that you're deceitful and not to be believed.

Doesn't matter how much of an expert he is if there's no recoverable oil.

Oil present has no value, alfista, only oil recoverable commercially - and there isn't any of that.

"on success" are the key words in your post, baf, and there's been none of that.

I don't think the idea is to turn it. Just slowly let everyone down and keep it going until the convertible bonds are paid off by people like you and others on this board continuing to average down. In a few years the bonds are paid, the leases expire and it's job done.