Member Info for Mike31

Point is you cannot trusted anything the bloe bod say

Oil drop off chart since beginning :
1400
1100
360
295
230 - this where it s at now
XX - where will it be next update (take your guess)

Listen to Ajames and you part with money!

Ffs stop being so childish Ajames
Time after time you have been proven wrong

flava I am not
I am just referring to my own experience

I dont have one. Im just saying 4p might be a good entry if you are willing to hold for a punt

Thank you for your honest post RBTrader
Lesson is only leant when it hurts
I'm in a similar position in Matd and have held for 2 years

Why are you relating to Matd, that is very childish.

Fortune favours the brave
Could be a buy in time by then

Thats whatbI've been saying. The bod estimate has been appalling. Can they even keep 230boed at this rate?

Everyone had hopes of 400-700boed as far as I could remember...
Never did they believed the well would produced lower
2 months of debate and here we are now

It seems shifted focus to well38 and gas, but those are miles away

Will people run for the hills
Or will they pile in
Long term this might be okay
But fact is the well is producing LESS

Hard to say which way this will go. This is aim after all!

Next update 195boed lol

Yeah but thats not what you guys said, you expected it to increase on the update, which it hasn't

and who was it that said there is no way 16az produce under 295boed?

Red or Blue today.... mmm

Its lower than 295boed (I was right)

but the update seems far more detailed and well16 stabilized now?

Very simple, the well is not producing 295boed

$48000 a month is a lot of money to burn.
The bod are not putting the $12million to good use. I won't be surprised another fund raise soon the rate this is going