Member Info for maqsood7

does anyone believe on 1 share code??
we just had one.lol

way oversold.
charts are turning bullish and expecting to climb from here.
breakout soon to climb above 100p.imo.

they actually tried to twist a positive rns into negative..........bas*****.

guys, we had two rns today.
one about well plug and another about Lancaster P6 well.
what rns says is:

Further to the announcements on 10 and 11 June 2021, the Company is pleased to announce that it has successfully restarted the electric submersible pump in the Lancaster 205/21a-6 ("P6") well.

Once stabilised, the Company intends to target oil production from the P6 well at a rate of c.11,000 bopd, being a similar level to that achieved immediately prior to the trip on 8 June 2021. Thereafter, oil production from the P6 well is expected to continue declining.

now, in the first sentence company says,is pleased to announce that it has successfully restarted submersible pump.
but then in the next paragraph they says that
"the company intends to target oil production from the well at a rate of 11000bopd,being a similar level to that achieved immediately prior to the trip on 8june 2021."

then the last sentence is the real CONFUSING, it says
Thereafter,oil production from p6 well is expected to continue declining.?????????????????????????????????????????
really???? what kind of expectation is that??
and what were bod pleased about??? being the decline in production???? lol.

they should be sent to middleeast where if they found guilty of theft,then their hands get cuts off.lol.

Hahaha albie agreed,this is what BOD want.
Now what shareholders want is.
RNS 1 restructuring rejected(already done).

RNS 2 BOD Kicked out.

RNS3 production is stable.

RNS 4 new pump is fixed and production increased.

RNS 5 bond repayment negotiated by new bod.

Because mms knows that soon it will be much much higher.

OB oil prices are higher than pre pandemic now.
All we need is honest bod and we are off to really decent SP here.
Can not imagine someone can give one year earlier than the actual date of payment saying we will not be able to pay you,so you can talk the lot,lol.

It is like someone goes to the bank and says I will not be able to pay the mortgage so pls take my home away.haha.

MCAP where we are sitting is reflecting all the bad news already,only one way is up from here with the kicking the BOD out.
First milestone was achieved already with rejection of restructuring.

Another positive start on otc.
Equal to 9.75p now 13% up.

Or maybe this week??

Jack,5p is a past now. Think about new highs.
10p will be smashed in coming days imo.

This will multibag from this level, and no wonder some big boys are building positions here!!

6p about to come!
News spreading.....
Lets move above 7p at least.

Quarterly update within days now!!
We recently had nice add up on our existing production!!
Mcap is just above the cash we holding!!
Multi bag potential with next update!!

And still some people are selling??????
Really confused. No wonder people make losses.
They don’t know when to buy and when to sell,lol.

What is happening with sp here??
Any shorter is closing position??
Good movement.

The news we received today should’ve taken us to at least one bagger!!
Let mms shake most of the traders out before moving forward again.

Contract for 100s of million and mcap 15mil?????????
Will do few bags from this level imo.
10p for the starter in coming days.

10-20%ers are gone now imo.
Lets move in the right direction now.
I0p should come here in future.imo.

Yes mirasol,we need to oayback $230mil.
As per last year report, we had $120mil cash ,that means we need to arrange $110mil more.
So after 31st december,our cash position is getting more and more stronger and i believe as our calculation from 1st of jan to 31st dec 2021,we will have 90mil more cash(lets say 70mil??)
Means we need to arrange only $30-40mil.
Hope you understand??

Direemblem.
$35 cost and if oil average $65 then $30 straight profit.
Which will be 300k a day with 10kbopd.
And say produced only 300 day in a year.
Means300000*300= 90,000,000!!! Profit a year!!!!