Member Info for luckyman2

Rathlin have to pay 66% of all costs.
I think Reabold will more likley take a bigger slice of them for paying their share of costs.

Sorry but forgot to mention that although its a UJO interview he talks about West Newton discovery which is good for us as well.

https://youtu.be/p7lXPHFI6lA

https://youtu.be/p7lXPHFI6lA

I certainly believe he likes boxing .

Simon states in this interview some of the conditions attached as part of their investing strategy.
They have pretty much tied them up and call the shots.

https://youtu.be/_BC56456AmY

Rathlin need permission from Reabold to raise funds as per their initial investment agreement.
So why would Rebold let someone else lend them money when they can.

Thats a fair view

I think that now we have the extra money that they are trying to do a deal with Rathlin.
Rathlin have not enough money to pay for their 66% share of costs. imo
Once Rathlin funds secured then we will get a further update.

http://www.*******************/ujo-will-they-wont-they-and-what-s-next

Funds could help move drilling at Grizzly Island forward as well.
Has to be drilled before the end of 2019 as part of their agreement.

My buy is showing as a sell.

Ah well back down we go.
Good try though.

Drilling before the end of year so a good entry point.

Will we hit 3.5p by Friday?

Once our Cali wells are producing they could easily earn us 12 mil per year.
Now that will make a big difference to our valuation.
Roll on Cali news.

Is it permits that is holding us back in California?
Once all Cali wells producing then we will see a nice uplift in the SP as well.
More News please.

https://en.wikipedia.org/wiki/Well_test_(oil_and_gas)

When we are producing from California we will have plenty funds available.

Could be interesting.