Birdseye - amusing, debatable, let's see.
Usual pattern: holders oblige themselves to average down, fodder for the day traders. But next week reality bites.
If only (sigh), unsubstantiated until offical new confirms it. Although Ray Gibbs has done much legwork in the far East, such as 'Big sight' exhibition, Tokyo - also attended by.....
...Shikoku Chemicals
It seems like the mkt cap was brought right down before placing, with minimal operational updates given - so what can we imagine the true mkt cap? A coiled spring?
The mkt cap is central. Not sure how banning shorting would improve things for PI's. Badly timed shorts have to be settled quickly, reinforcing direction upwards. Insider trading is a much worse enemy of PI's.
Alan,
in your lengthy replies you haven't actually elaborated on what you describe as 'inaccurate' by reasoning a point, and that is ambiguous in itself. Long sigh.
Alan,
I think it is reasonable to say that the equipment used to set plugs (hydraulic-mechanical actuated plug setting tool) will be used to set wirelines in the logging process and therefore may not proceed until the equipment (sourced in USA) has arrived at Brockham. Let's agree that we don't know the exact spec or capabilities of the tool. I'm suggesting that the tool could have key role in the logging process.
Recent rns: 'Options for logging the well are being considered'. The statement is ambiguous, doesn't state when or whether this process has begun or whether they are waiting on equipment / components to proceed.
Wasit
The self-restrictive bopd is due the the cost of water disposal (may be high in nitrates). OK let's agree to disagree. I'm sure they'll experiment on many different options to cut the water over the coming years.
Wasit
Are you claiming that it is not possible to isolate water producing zones of the great oolite limestone reservoir, using setting tool / plug and packer.? What evidence do you have to back up your argument?
The management should have ordered x2 Hydraulic Direct Pump Setting tools to install the remedial isolation plug & packing. At most it would take 3-4 men on site to carry this out. So why not have extra kit & teams working simultaneously at both Brockham and Lidsey to fix water isolation issues?
Renegade
Like to think so, but can't helping feeling Lidsey is a clear 'Bird in the hand', if you take out the 'bad water' issues and install a rod pump.