Member Info for matherdj

A day or two most likely.

Lucky-strike, I didn't say if I was invested or not.

How long do you intend to hold if you do decide to invest? A day or two?

He starts the next paragraph with:

'Other questionable companies are jumping on the energy transition bandwagon too'

Give a slightly different slant and more what he thinks.

It's a complete sharks pond, oofy. No-one is investing long term here. It's all about the spike over a couple of days and then gone. God knows how many easily influenced/vulnerable people get caught out along the way.

They did publish a graph as part of the IO study which covered 30 years of production obviously with decline after a period. I think it started to drop after 15.

I'm sure you must have played a few games with ping-pong balls, Rod.

For how long ocelot? Be transparent/honest.

They mainly only speak over the phone. No trail to worry about. I have had one written reply a while ago now but a rare thing. It's a futile exercise trying to speak to them unless you want to be told it's all rosey.

It has to be mental health or completely orchestrated.

It does make me cringe a little everything I read one of his posts, so i can understand how painting a picture like that around him helps. Absolute drivel and if emptily discrediting any negative posts containing facts yet supporting empty ramps isn't ramping.....

They're likely to support this one, which is just as much a rip off as the next. Why not?

If they were moving on the 3d, no-one would care about the situation with the accounts. The fact there's been no reported progress other than 'reviewing initial contracts' means it just gets added to the long list of delays with no real progress. Of course operations are now in the hands of APT, but it all has the same effect on your investment whether it's APT, Aminex or the government. AEX is controlled by ARA so only really two parties anyway.

I can only think they want to agree commercial terms before progressing. I said before that first gas in 2024 gives them plenty of time. Makes perfect sense to get those agreed before committing more funds.

It's disappointing as they have nothing else to do and still fail to produce accounts on a predicted timescale. Everything is strung out; never under promised.

You kind of answered your own question with 3d due to start in h2. Is it? That's what's been laid out, but not a single target has been met for many years and from what's known, it's looking like another predictable delay.

You forgot the receivables and mergers that are all on their way. Check out the telegram group if you fancy a chuckle. Not sure why BG posts as Mandy.

What do these guys do all day?

Ufo, the seismic will hopefully provide additional targets and ones they could target whilst developing what's been discovered. It could also disprove its a simple fan based system (something I hadn't thought about really, but highlighted by the scir bod and quite correct). There is no answer to your question. You just have to wait and see.

Yes, you are probably right there, but there is also time to get those in place and drill before first gas. 2 years after ch1 results.

Whether it's called an EPS or not, first gas is supposed to be September 2024. I'd of thought they'd have drilled additional wells by then exploring other lower targets as mentioned by JB (a long time ago!).

In the land of the blind the one eyed man is king. (God help us!)

Ame's view of the prospects are they aren't prepared to spend a penny on it, but give away 50% whilst UKOG fund the seismic and initial drill. They dont seem confident of success.