Member Info for mald

"Associated solution gas rates of around 41,000 cu ft per day." from 3rd August RNS.
Anyone know what a commercial rate of extraction might be as 41,000 cu ft per day sounds like a big number but is it????

Northern trust will be offering a take over, but at what price. Now own 12.5% through Aberforth Partners LLP and are buying. Might be wrong but would not be surprised if it materialised. In my opinion of course.

Sting68, A duster, in my book, is a well drilled that does not produce oil in commercial quantities. This might not be a duster in the strictest of interpretations of the description duster, but there is still no oil to show for it therefore it might just as well have been a duster..
It might well have produced oil in small quantities but as far as oil production from that particular well is concerned its a no-no.
The money spent there has to be justified to those that have financed it, eg the share holders, so it is declared a resounding success by those that "drilled the well in the wrong place".
Just my opinion of course.

masdsimoj, Great news,I'm not so sure. Try googling his full name. .

a backward whelk best describes the intelligence of quite a few of the posters on this board [the market capitalisation etc.]

massimoJ:- Your valuation v menzies misses one small detail, net debt [£88.5m or £83.3 [depending on who you believe] which when added to the market cap becomes £160.3m [or £155.1m].
As for the valuation of Tuffnels, which has seen full year profits of 4.3m in year ended 2017, and those down on the profits made as an independent company. Well, connects re-organisation would seem to be to get rid of those who made it a company worth buying and putting in new managers who have turned it into a company not worth 10% of the price paid to acquire it in the first place. [Read number 1 of my post below dated 19th July, which, in it self is contradictory:- Market leaders Tuffnels, yet requires "robust recovery plan".
The value of connect group, taking the above into account and adding in the fact that we have no CEO and a CFO who has "chucked it in" is probably on the high side at around 30p.
Why do I still hold?? well with 25000 shares I am so far under water I might as well hang on in the hope that "something will turn up", as some famous Dickens character once said.

DogTyred,Can't believe you are not thrilled to read posts which anyone with 1/2 a brain can find for themselves e.g. the buy sell price at that very moment in time. Thrilling stuff.
Also those wonderful posts of peoples guess work based on their very best guess.
I can not believe that I am invested in the same company as some of the posters on this board.
Keep up the wonderful guess and obvious information as there might be someone out there reading this board who is thicker than them.
[Although unlikely]

wizard125, According to a SS interview late this week, they have produced 500 barrels of oil prior to the shut in, 214 of which have been moved to Hamble [BP refinery]

Copy of email sent to CNCT yesterday and reply received.:-

Dear Sir
I note that the trading update scheduled for 18/07 has not appeared.
Where as I appreciate that you issued an unscheduled trading update in June, I felt that you would still update your investors after the world cup came to completion.
Should I assume that, as there was no update issued, it was a disaster and i should dispose of my holding before we go the way of Woolworth's and Debenhams or do you still intend to update the market.??
Yours sincerely

Thank you for your email and continued interest in Connect Group PLC.

I can confirm that the trading update released on 13 June 2018 has superseded the one originally scheduled for 18 July.

At this time, we are unable to provide further information to you, or the market as a whole, beyond the contents of the update. I would however like to reassure you that (i) the Group's competencies as market leaders in Smiths News and Tuffnells remain equally relevant today as it has previously and (ii) the Board's immediate priorities continue to mirror the June announcement, namely:
1. Improving Tuffnells’ profitability with a robust recovery plan;
2. Maintaining the continued resilient performance of Smiths News;
3. The orderly closure of Pass My Parcel, cognisant of all stakeholders' interests; and
4. Clarifying the Group's capital allocation and dividend strategy.
We will continue to update the market as required and our next scheduled market update will be in November on the release of our prelims.

Todays price...................... with no substantiating reasons, just what he thinks the price might end up at.
Adds a lot to the credibility of this board.

Loads of oil maybe. Tons of bull **** on this board a certainty.

Anothe one for the bin, just look at what he posts.

I think his is written HIS . Check your spellings, you naughty boy, before posting. Back to primary school for you

Gopies, I think you know what I mean. A fall of 3p which at one point was over 4p on an original price of 5p.
A disaster for those that brought in during that time.

[Yanis2005 0750 post], Very strong ... the SP was at circa 1p ... we had three placings and YA fully converting and now out, YA is now history ... the SP is now circa 2p ... 100% up .... and is holding strong. Strong.

Is only one way this is going ... and you guessed it ... is up!!!!!!

I beg to differ.
At the start of the fund raising last November UKOG stood at 5p. I make that a 150% fall.
Talk about rose tinted glasses

Newboy58, Just the same on 19/05/17, when 812,500.000 shares were issued to raise £6.5m.This equates to .8 of a penny. 9 weeks later the shares spiked at 10 or 11p.
Talk about not learning from history.
I have said it before, SS's ways of raising cash and the timing stink.
STILL ON A MORE POSITIVE NOTE,THIS SHOULD, ACCORDING TO PAST HISTORY, MEAN WE ARE DUE A LARGE SPIKE IN THE NEXT 9 WEEKS
This time, If it happens and i hope and pray it does, I will be all out and save myself the stress this company causes me.

David Lenigas will do what David Lenigas does, pump and dump, as he always does. Just watch what he says after the inevitable dump, the complete reverse of what he now says as a holder.
You should not be guided by him as others have found out in the past.

TonyD1, This site is getting worse and worse........................

Bit like the quality of a large chunk of the posters!

Newboy58, Just the same on 19/05/17, when 812,500.000 shares were issued to raise £6.5m.This equates to .8 of a penny. 9 weeks later the shares spiked at 10 or 11p.
Talk about not learning from history.
I have said it before, SS's ways of raising cash and the timing stink.
Still,on a more positive, note this should, according to past history, mean we are due a large spike in the next 9 weeks or so.
This time, If it happens and i hope and pray it does, I will be all out and save myself the stress this company causes me.

Ironic 08.19 post,
So you expected
1] A cold Fin
2] A thin Fin
3] An Afro-Caribbean Fin.
Does anybody read and understand what they are posting on this BB???