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Up and down like a yoyo.
The reason for today rise is:
I talked to a taxi driver who said that he talked to someone who once delivered papers to someone who knew a guy called Paul . Who said flow rates are better than expected !
At the AGM there was an old fat guy in a suit moaning about totally random things . I was trying to put a name to him .Don't think it was you Bill as you would be attacking PH with coffee. Not Mike as the eyes were both facing the same way . But he did remind me of this BB ??
WTF
This BB has descended into a school playground .
I don't want to filter as when the bickering stops there are some useful comments .
What is a pain is that to read the useful comments I have to also look at the utter rubbish that has decended.
I am sure that I am not the only person totally ****ed off with the totally crap that fills this BB.
I would like to be happy with every stock I hold and sit drinking fine wine and thinking what a wonderful knowledge I have of share trading and how wonderful I am. But life is not like that . Shares are cut throat and if get attached to a share or let feelings guild your portfolio then it becomes hard to make money. Why sell at a loss when the main money spinning news has not arrived.
I am not happy locked in but even if I wasn't I would still be buying in as I did at 8 ,6 and 4.
We all know that flow results will set the price one way or another .
After that it early next year for next bit of excitement .
I do wish all the LHT great return on this investments
As for the other negitive people I say DYOR and if you want to wait or buy then cool, everyone has their own way of trading , But stop the daily complaining please. Fine to point out valid observations but not to keep saying same things .
This will help with seeing exactly where to look for oil and gas .
At the moment this share is looking good but we are only getting a small amount of oil out to the storage facility and have not sold any gas .
I think the share value is low but that's just my opinion . The market value has to rise at some point . So what's the time table of events ?
First will be the results of lastest well. This should be very soon . Then the next spud date. And around Xmas details of gas sales from existing wells .
16aZ is still an unknow on oil
Apart from new well results I can see us having to dig in deep for another few months
Wait and hold still for me.
Reminder from my chat with PH and PD at AGM . They are starting to hook up the gas and expect sometime around Xmas to be selling it . So despite the filtered men in green view I think I would rather believe the comments of two of the directors of the company.
It may not be massive amounts but it's a sale to a company that has signed up to take all we produce .
The next well is a gas one with a promising amount of gas discovered .
Gas is happening guys .
Ha ha on buy outs . Am not sure if your info is correct but a newspaper big issue guy was saying they will sell out. I think they were talking about bloe !
On yesterday remember that everything I said was from an informal chat with directors and not an RNS lol
Ok prawn
The reason for my posts yesterday was because I went to AGM and had some long chats with most of the directors .
It was also pointed out that unto proven there is no sure thing .
There slotted liner they have installed is able to shut off at certain sections if there is too much water ingress .
They did not do that on 16aZ.
Cheers
Rob
For the last time I will say
It was a general conversation about wells .
Take your bitterness and F O
At least I went and tried to get any info for shareholders
You just hide behind your computer and make snide irrelevant comments .
End of dialog