Member Info for MarkA8178

Not that large a spread

7.415 to 7.55 - Not that a spread :)

cjmorley, you explained:-
Please stop this conspiracy nonsense.
The buy/sell info is supplied by a third party company to web sites like this (LSE) they get their info from the London exchange. And based on the trade price and the mid point of the spread they give a best guess as to a buy or sell.
Now stop and think.........
The data they see is after the event. SEDOL wil auto adjust the spread on each transaction. So if the traded price is close to the mid-point at the moment of transaction it is actually likely to be miss interpreted as the new midpoint is changed before the third party get the data. albeit only seconds later.

So we have all that complication and guestimating to decide if it's a "buy" or "sell", when some IT person couldn't come up with a system that says when you press "buy" it registers it as "buy", or you press "sell" and registers it as a "sell"???

rad121 - You answered your question in your own last 6 words :)

Why, when we reach TD in about 4 weeks will we not flow test until Winter 23/24?

MCCO and NOVA
It's a bit more complicated.
If the bid and ask are showing 0.75 and 0.8 then 0.775 is the mid. But any time you look at the bid and ask as 0.75 and 0.8 and go in to buy or sell, the actual bid and ask can be anything inbetween i.e. 0.76 and 0.8 or 0.75 and 0.78.
Personally I don't take much notice. There are plenty of times buys show as sells and vice versa, when it's obviously wrong.

Olderwiser
You say "Also reason to believe as low as half of the 150BOPD/1000ft will be viable"
but if we get results of "half of the 150BOPD/1000ft" what will the MMs do to the SP - OUCH ! :(
I'm invested here and hope results are nearer 150BOPD/1000ft ffs

SP back up now anyway

Keep topping up and watching this one grow over 2023

They can still P&A after the flow test. We're about 49 days into the 60-90 day period, so I'm guessing (and I'm no expert) that the test lasts 30days so approx 80 days in total. Then P&A.
Anyway it's all good news.

As long as "shortly" isn't the same "shortly" as another share I was involved with when "shortly" was announced about 12 months ago :(
I hppe by end of the month, if not before :)

Probably true Bear, but "NOT PLANNING" to do a placing isn't "NOT" doing a placing.
It won't be the 1st time companies say one thing then do another:)

Don't think so - Directors just bought in the other day and I'm told they can't buy within 30 days of any significant news, so I'd be surprised if we hear anything before Xmas.

Don't know but the last RNS stated.
"The Company looks forward to providing a further update when the rig is on site at Pensacola and drilling has commenced."
From that statement I assume they haven't started drilling yet

Replace 2 with 4 CEOs???????

Oooeerrr Mrs - Trouble at RBD

Maybe the flow rate is dropping, maybe oil price affecting, maybe flow rate increasing and next update says £1,5M, who knows? Whatever it is we're making money:)

Every one of mine are red too - Except one, which is a Russian stock which is blue (for a change) Can't make it up:(

crashing again now :(

Yep, MMs frig the price up, people buy in, mms drop the price - Simples