Member Info for MadChatter

No news it seems. I'm holding long and strong, nothing will change tomorrow even if this is shaky.

Realistically If this is the news we all hope, its not going to cross 50p until the frack is started and we have stabilised production.

@Redbus Anne opened up her shirt!? I must have missed this. Lol

My only comment on diamond he's said he's opened a 3 figure short... As in less than £1k. What a clown.

http://icebergshares.blogspot.com/2019/03/88e-winx-1-on-verge-of-greatness.html?m=1

What is the actual closing price? I don't think it touched 4.72?

If we get a great rns Monday this is opening up at say 9p imo.

Hope we get a trading halt rns on asx sunday night.

I'm absolutely confident the wireline result will come Monday or Tuesday. the time line of 10 days includes the casing process, which itself is RNSable, but the test results are material enough to need a separate rns

Agreed.

As oil plays go, if this "only" hits say 80ft, with a decent flow rate it would support a share price easily over 10p.

So I may regret it, lol, but I see limited downside (maybe 60% and only short term at that, pending flow test), compared to easily 150% upside.

The odds here are very much stacked in RMP favour.

Extremely oily place, with neighbours having huge commercial oil finds.
100% perfect hit rate in last 25 wells (I believe)
Onshore in a very safe and conducive environment
Stacked oil play
*Already has oil show indicators*
Has hit all the primary and some secondary target pockets.
Drill bit successfully extracted (I'm counting this as a positive lol)

Next week I predict between 1.5p and say 15p. ;)

I think its very encouraging the price is holding steady after 4 bagging in a week!

Traders have left for now.

I'm guessing anything around 100ft or more would be considered a good result?

Not that it's any indication of flow rate of course.

Just because it's easier to thread in a list of dates than a graph.

6th Mar Drill 8.5" to TD
9th Mar Wireline
13th Mar Run and Cement 7" casing
14th Mar CBL
16th Mar Run 3.5" tubing and completion Jewellery
17th Mar Perforate 7" CSG
18th Mar Perform DFIT & Main Frac
1st Apr Flowback & DST
8th Apr Suspend P&A

Have I got these dates correct?

@Timster

Which day on the bottom was 6th? If I'm reading that chart right they are intending to do the wireline completion by Saturday?

This is actually only 10% down from Wed close, and 33% up from Thurs last week Which given we already have oil shows, and geology /production nearby, and 25 successfull drills next door, it should be derisked much much than it is at the moment.

Any rumours on twitter have not had any noticeable impact on the sp yet.

Not sure if a delayed trade, and just reporting from Twitter as I don't have an account to track trades on ASX, but £95k buy apparently.

*6 trading days left

They will drop the news before then profit. It was 9 calendar days yesterday, 6 calendar days left, and that includes casing and not just the wirelog. So it could well be Monday or Tuesday Imo.