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55M trades today and only 3.5% up. Still if as you say the sellers have departed then let’s look forward to tomorrow. Da-Gee hit on a very valid point earlier, $103k net sales attributed to Mosman in January alone, Welch must be back strong after repairs and Arkoma must be producing the figures we wanted all along. As S1 wasn’t as hoped and was producing mainly gas and there is no S2 in these figures then I think we all have a lot to look forward to. Dare I say ‘rosey’
Averaging about 900ft per day assuming they don’t work weekends then TD should be today at some point. Our share of the estimated 300 bopd ( 55.5 bopd ) would come in very nicely from S2 and who knows what S1 will bring. GLA, not long now.
I don’t share your pessimism, I said all along get S1 and S2 completed in this window of opportunity due to the weather, we have waited a long time to get the rig here and progress is what I wanted. S1 has been recompleted and S2 is being drilled. I am very happy with what has been achieved here this past week, just waiting on the results. And why not be optimistic like myself, Mosman are not the operators nor the major stake holders here, past failures are no way linked to this venture.
There is a very good opportunity to get the rig on site to drill Stanley 2 and recomplete Stanley 1 at the same time as there is a decent break in the weather over the next 2 weeks, we will see if there is a genuine delay or was solely due to the weather. GLA
Dry day passes, dry again tomorrow, we need that rig on site ASAP. I had my final top up yesterday, typically that is followed by some sells today and I could’ve bought in lower but under .25 I’m happy. Rig on site RNS would get interest back again here, short drill time so results pretty fast. Come on Mosman/Baja/Nadsoilco let’s make everyone wealthier. GLA
The majority of the coming working week is dry, if site prep has finished, and it should’ve by now, then we have a good window of opportunity to get the rig on site and spudding. Every day I check for the red dot to say Stanley 2 has spudded, here’s hoping it’s tomorrow.
I sound like a broken record but we should be at mid 0.3s now anyway based upon lowest mcap before the placing and current number of shares. This current price is a major P take. We have £500k more than we had pre placing yet we have dropped from MCap of £2.27M to £1.65M. Unbelievable.