Member Info for mcfcnige

The post also states the companies bullish future plans but you fail to mention that in your deeply negative post?

All for £6 mill market cap , unbelievable opportunity here.

Morning Ed,

Would buying production assets involve any reverse takeover?

Projects like this should transform the market cap?

Thanks Nige

Hi Ed,

I am fine thanks.

Yeah the wait continues, the Corcel website mentions Oct but at the end of the days it’s an oil drill , these projects are complex with different issues to overcome along the way.

Hopefully all will be revealed soon .

Thanks Nige

Hi Ed,

Hope you are well, are you ready for another of my questions? :-)

In regards to the well cost, are there daily costs for testing etc?

As this drill is taking quite a long time, just wondering if they would continue to spend money if the results were not as expected?

Thanks Nige

Thanks Ed,

Fingers crossed for a successful result:-)

Hi Ed,

Hope you are well, quick question for you.

The presentation on the Corcel website says KON 11 drilling until early into next year.

It says this on the roadmap section.

I am presuming this means more wells after this initial well?

Would that extra drilling be subject to a successful initial result, or will they carry on regardless?

Thanks Nige

Thanks Ed

Thanks Ed,

I think the bidding round ends March next year, is that correct?

Thanks Ed,

Great post, I think you are right in what you say.

Angola need a decent result here to promote the licensing round that is currently underway.

Hopefully we will take part in that too?

Fingers crossed, hopefully we hear news very soon.

Thanks Nige

Hi Ed,

You can tell you have a lot of O and G investment experience and you really know your stuff.

Have you ever known a drill of this type take so long on any of the other projects you have previously been invested in?

Thanks Nige

Hi Ed,

Thanks for the post, very interesting as always.

There has been very little info, so it’s all very intriguing as to what the update will say.

Hopefully the rig is staying there and we can crack straight on with another well.

It’s very exciting:-)

Thanks Nige

Ed,

Excellent post as always.

Do you think they will put the drill result and forward plan in one news release, or will the forward plan need time to be worked on?

Also in regards to moving forward will the drill partners have the same share of the project or would that depend on the finances of each partner?

Thanks Nige

Well done to all holders

Thanks Ed,

Fingers crossed for next week.

Thanks Nige

Hi Ed,

It’s been a number of weeks since the drill started, they know now that they have been doing it slowly.

Do you think this is still on the original drill and flow test?

Or could it be there are doing further drilling to potentially find more oil?

Thanks Nige

Thanks Ed,

Fingers crossed now for the well results.

Thanks Nige

Hi Ed,

Yeah had a good weekend thanks, just a bit if walking and relaxing.

Maybe you should have played Guns and Roses

“ welcome to the Jungle “ while gardening :-) :-)

You mentioned that we are currently overlooked by investors?

I think the rebranding will solve that, just need to get it moving.

We are a whole new company now , we’ll funded and led by someone who has a big stake in the company.

I think the market is no where near fully aware of this, so the message needs to be put out there.

Have you heard anything about the rebranding?

Thanks Nige

Morning Ed, hope you had a good weekend ?

Yes much better thanks, dentist gave me some medication, so hopefully sorted:-)

The news this morning was a real tonic too, as you said AK certainly knows how to structure a deal.

I am glad you mentioned the line about how the initial funds will be used, as I was thinking similar but at the same time was thinking was I reading too much into that line?

So pleased, you were thinking the same thing :-)

The IBM stuff, I don’t really understand that part.

Will the company own any shares or part own IBM or has that ship sailed now with the restructure?

In any case the future looks very bright , the company is progressing very quickly with AK at the helm and lots to look forward too .

Thanks Nige

I think it’s great news , with cash up front what’s not too like:-)