Member Info for MadChatter

Would be great to drop this Wednesday, keep the ball rolling.

People need to recognise that the geography here's very similar to those producing a *LOT* of oil offshore, very close by. But ours would be at a fraction of the cost (I.e. A very low level needed to be classed as commercial), and with all the infrastructure very close by.

There presumably are some 8p placing shares clearing still. Not many seeing as we didn't bounce hard off it like last time

Fact. Back in July this was 10p +

Which is also what he said in recent rns. That *nothing* is planned as yet. Which is exactly as it should be. For all we know we could be pumping 5000+ bopd in a month's time.

The super impatient left today. No great loss Imo.

They have basically said in huge bold letters "naked short this at your peril"

I don't know which rns you are getting that impression from, as it isn't today's one. They have absolutely zero need to raise any funds before results are known. And this is supported by prior rns. They might well raise nearer 10p once results are out. Drilling 103 immediately will save them over £1m as far as I know.

If its getting the job done, albeit slower than planned... Its all good. I'd say this rns is going to take us ona path to 10p this week.

Where did R3 come from!? Not heard mention of that before!

Fair enough. I probably just presumed worst case lol.

He was referring to the march fund that's opening? In which case that's not actually new news.

I think "however much time ud needed" is the main sticking point. I've never seen a drill take this long to report even the first target.

To pay a premium on that many shares when the results are not yet known (officially) would be considered insider trading and highly suspicious. I would strongly prefer that they made it clear they would not issue anything until this drill is complete and flow tested.

Where they are all holdings companies rather than directors names etc it's harder to tell, but according to website 60% free float. So it could be worse in terms of alignment

In fairness it is a very unfortunate timing when the most material business of the company could give results after the agm. What is DS % holding here again?

Imo "oil shows" r1/r2 rns tomorrow 7am, then mengo on monday.

Say you were working on a drill rig and wanted to highlight your message with a photo. You know all your team would have a go at you if you get a camera out. So you just search on google for a photo that shows what you want to show.

I could be wrong, but using photos from years ago off google is not necessarily showing a liar imo.

The rns will reveal all though.

Just for the record we should all be *expecting* them to hit oil in this first drill. 90% COS would be ridiculous if they didn't lol.

It was never a question of that imo, more about how much they find further down.

I would be surprised but extremely happy to bag off the first intersection!? Its djengo that's the huge one.