Member Info for Midus

What about Jeremy appointing Diane Abbott to be in charge of Labour's Brexit negotiations. How said it couldn't get any worse.

Cannot wait for news flow to start from NARC and WHET.
Following WHET's initial investment of "€681,500 at €29.00 per NARC share for 10.04% of the fully diluted share capital of NARC and has a six month option to subscribe for an additional 1.12% of the fully diluted share capital of NARC at the same price and a two month option to acquire 1.36% of NARC from some of the existing shareholders at €20.00 per share. The Company also has the right, but not the obligation, to invest a further €1,980,000 on or before 30th September 2019 for an additional 12.54% shareholding, also on a fully diluted basis".

PLUS 2 further potential WHET deals in the pipeline.

PLUS increasing chance of WRN rising from the dead with cash in the bank.

Bring it on

...and Gassy

Thanks BillMC33

Can anyone explain in simple terms what is meant by:

""the Company can confirm that the gas shows observed extend below the currently mapped structural closure at approximately 1,958m MD. This suggests the gas accumulation may extend updip into the stratigraphic trap""

Teleconference to explain whats going on at TE10 and what happens next

Any thoughts on the timescale for initial thoughts on the size of the find and testing timescales?
Trying not to get too excited at this stage

We are now into day 7 since the RNS was issued.............

Mentioned at the end of the 24th Dec news article on the Whetstone web site

Hi Kenny, just realised that you are still posting here with not much support. All credit to you. Hope you had a good Christmas break and a profitable 2019 and beyond.

Thanks guys

What prices are they going through at?

So, in terms of NARC, our initial investment values NARC at around 7m Euros. Between now and September 2019 Whetstone can take up options for another,15% for just over 2m Euros, taking the total % to around 25%. In September 2020 and 2021 Whetstone can apply for 50% of the fund raising, if they have taken up the earlier options.
BEA looks like the mother of all online games, its just mind boggling. The possible scale of it makes me think in terms of Google and Amazon when they started up. With the potential of millions of users, creating real wealth for themselves if they can survive. This has the potential to be massive world wide.
What a Christmas present from Aidan Earley and Allan Biggar. Thanks guys.

Just to clarify JJ's date of Q1 2019 for the GSA. It was in response to my question "When does the lack of the GSA sign off, start to delay the FID"
He was not saying that he expected the sign off to be in Q1 2019.

Just noticed the most of the current activity is on auto. How is that set up?

Based on the key milestones and my best guess as to when they might be competed (assuming no dusters) the LE possibilities are:

LE based on seismic only (CPR's for all phases) - Jan 19
LE based on seismic plus T9 CPR - Apr 19
LE based on seismic plus T9 and T10 CPR's - Jul 19
LE based on seismic plus T9, T10 and T11 CPR's - Sep 19

My best bet is for Apr 19 once the T9 CPR has been issued

Thanks PNE79

Anyone a rough idea of how many tankers so far for k3?

We're there any comments re C4?

Are the ground works team doing anything constructive other than shifting sand around in the dessert? This seems to have been going on for weeks.