Member Info for MadChatter

Cheers. Realistically, if this does rto into let's say a 20m company, how would this actually flow through to the price rising? I guess I'm asking where you see your exit point(s)?

Possibly yes, but given the stated interest prior to shell status I'd say very unlikely.

I like that, the turds follow the herd. Lol. If you don't mind me asking Applegarth, what have you got your average down to that you see this massively rising over? I've been pondering if around 0.075 is a suitable point to exit?

Did anyone else just dummy sell a minute ago to see? Haha

Wow. Maybe soon lol.

Thus us worth buying aside from the obvious need billionaire investment, they stated in the rns multiple potential buyers. As a shell this will be a very quick turnaround. It would be nice to hear more about their disposal of assets though for the cash flow.

Anyone fancy posting on #pslaim instead from now on? Stop having to read all this cricket rubbish then.

This does has a compelling reason to go back up again, unlike rmp. So I'm not selling a bean here.

@Jrlomax
If someone sneezes ASX gets a trading halt. Don't read anything into that, it's very different to AIM

Got to feel sorry for diamond, he said he's got £140k shorted at 4.5p. He's bought a new suit but might soon lose the shirt off his back!

I've always presumed that wireline logging and casing are entirely seperate. I think they did the wireline over the weekend and have been analysing the results whilst casing until the 10 days are up. As others have said. If tlits a bad result they should inform the market immediately, and inform the market they've stopped casing. So I think no news is great news.

I think the point is that they 100% definitely know already whether this is a hit or not. The remaining days are likely just for the casing/ tubing.

Something I have not encountered on an oil play before, is it normal to engage with local geologists etc outside the company? There does seem to be suggestions (if you believe anything on twitter) that this is fairly standard.

Just curious.

I see your point. Yeah, semantics. A depth highly likely to be profitable but only with a good flow rate. Then followed by a commercial flow rate. :p

They could confirm a commercial depth of say 80ft, then it dribbles out (after frack) at an uncommercial flow rate. To me these are two very different indicators of risk.

I'd say 15p on commercial quantities, but nearer 40p on commercial flow rate.

Agreed. A leak will see this jump in a straight line up or down within minutes.

The horse on twitter has his short at 4.5p average, so if we could close above 6p that would be great please!

Why is this not heading up like 88e? Thoughts?

I'm actually hoping he put his life savings into this short! Haha

I disagree, why would they celebrate in a non evident way before getting the results?