Member Info for Mals1960

Hi Senseman, I've also sent the email. Do you have any Gold stars left? you may need another box.

I assume that as even the neighbouring Lincoln field was also showing a pressure drop that the whole Lancaster field will suffer the bubble point effect that well 6 has. That being the case would it be enough to invest in pumping the gas into a nearby gas pipeline to allow a future well 8 to be productive in a low pressure environment or would some form of water injection still be required? I read somewhere that you need 3 parts water injected to recover 1 part oil and i think that CA were not a fan of water injection some months ago before the bad BOD were ousted.

So sorry to hear about the passing of Andy. RIP.

Today proves how badly we were let down by the previous Board. I wish them all double incontinence until the SP is over £0.60 again.

i thought that lincolns well was good enough to connect to the Aoka Mizu but the OGA refused permission just after it was drilled.

I disagree, Phil Corbett needs to answer the accusation that he misled investors.

Ojay, I'm talking about bribing officials where 1$ equals one reason and 1Million dollars equals 1 Million reasons

Millions of reasons means $$$$$$$$$$$$$$$$$$

Petro China and their Masters will be giving the Mongolian Gov millions of reasons to keep dragging this out.

It's not over until the BoD have been voted out, the Bond holders will not let go.

What will we need to win the EGM and eject the current board?

What percentage of votes would CA require to win an EGM board change?

Will an EGM driven by CA require a 75% shareholder vote to remove the current board members?

Malcy says that Brent touched $70 before slipping back slightly, this must give encouragement in our fight against the BOD .

My guess is that the BOD were planning to hand the company on to the Bond holders in future months but with CA increasing their holdings and committing to take action forced the BOD to scuttle the good ship Hurricane ASAP.

My small purchase is showing as a sell.

I suspect that a number of fixed costs are recognized at the start of the year which meant that there was only $127M at the end of March, if this is true there should be another jump in free cash at the end of this year.

A big increase in Gas

I was surprised that the cash balance was so low at $127M, I now wonder if some of the annual fixed costs are front end loaded towards the beginning of the year which explains how they jumped from $87M to $106M in December.

The $127M free cash is too low, it should be above $140M how much did that CPR cost?