Member Info for maestro1

Just read officerfigby post, doh..

Oil shows 1mile away on seabee fm is positive so its oil zone and not water.

Itkillik actually flowed oil, so from the seabee formation? They are saying the amplitude signal alot higher on winx so this is positive.

Not long, once this overhang is cleared this is gonna surge, nanushuk is the main target, nice to hear about some oil shows in Seabee formation.

Interesting times.

The fact that Itkillik well was drilled in our block in 1972 and there were oil shows proves oil is in our acreage.

All about hitting the sweet spot.

https://twitter.com/Share_Talk/status/1096340505632346114?s=19

Hoover

Thanks just seen it on the 88e presentation, the oil shows were on the seabee formation, this is our first target. On our well target they say the amplitude signals are stronger compared to that well.

The well drilled in 1972, what was it called?

Rather interesting they got to nanushuk target in 10 days last month.

Gonna be rollercoaster...

20 days, main target will be breached day 13 to 15...

Thats when they will get to the nanushuk 4 and 5, by the end of the month can be very interesting.

Wont be surprised this hits 10p.

There is a nice lovely charge showing on the 3d seismic, the nanushuk is a proven zone on the area and whenever someone have targeted they have found oil.

88e gave weekly updates last time they drilled, any oil shows this will have mkt cap close to 100m.

Im sure last month investor presentation rmp said 35%.

No its not binary, COS is around 35%, thats not bad for exploration well dont you think?

Remember Armstrong said they expected horseshoe to be around 400mmbo but it was massive, 1.2bn barrels..

Last few years what has the company done? This is a lifestyle run company.

They had over 12m dollars at one stage but now less than 4. Absolute shambles...

GCM has invested some US$60 million to-date for its Bangladesh projects.

Thats double the current sp!

Gcm have world class coal asset, this alone worth more than current mkt cap. 26m...

One can speculate they wont have issue getting loans from bank considering they have large backers who are prepared throw 700m into project. Kind of like getting mortgage you need a deposit and loan issued, 700m is good start.

Red tape in Bangladesh can take time and you need to grease some hands also.

All in all this is good investment, especially considering they have large chinese backer.

Why do gcm have institution dumping if this is going higher?

If gcm was so great of investment then ii wouod wait for this to be higher before dumping.

If jv already done deal and govt has had their input then why hasnt it start surging.

I am in know way deramping this stock but some are sayin once app submitted this is going to surge?

What different?