Member Info for Mike31

I agree what you say mostly. Some people dont like to see a paper loss and I am one of them lol

Correcrion: I meant short to medium term

Hi TomE

My own judgement (which Im hope Im right) tells me short to long term, this we go pass 2p. It looks to me we are going through a transformational. Its still early days and time will tell

I broke me own rule and bought in near year high. The RNS were just too convincing and can see lots of activities and potentials going forward imho

Of course I have read it, and that is why I have decided to hold a position here. I was just wondering what I interpreted is the same as everyone else had. Anyways, gla

My average is 2p and I dont like the way this is going

Its funny that people see me as the villain on this board

Who was it that saw through the ramped up expectations in the video interviews?
Who was it that tried to warn others to be cautious?
I have sold out from sensing the danger? Fact is we are almost 50% down from 14p level. Is it a crime selling out?
I was one of the few who dare say we could fall back to 9s. We are here now

The constant accusation about me wanting a lower entry, well I'm not sure about that. A lot of uncertainty here and short to medium term is hard to predict which way the sp will go. I will give those that willing to listen one last hint. Do not listen to the rampers, equally apply to the derampers. Wait for next news and see what PH has to say or not and make your own judgements

Mike

so easy to trust people. No one doubted it could be an imposter

I can bet you PH will shift the focus elsewhere to get false hopes back up again

Most attractive feature for me personally, is we are backed by Newcrest, and they have a minimum spending commitment bearing the exploration costs.

By you calling out my name will not change any facts. I wasnt the one who told porkie pies, go take it out on PH

By the tone of it, they knew it was going to be 360boed from the time of that video? But they still thought lets give an expectation of 1000-1500boed knowing its unlikely achievable?

Obviously, this will also affect the 2500-3000 boed they are expecting by the end of year? Or do they think the other wells will make up the numbers? Very confusing, expectations vs realistic goals

Whats this talk about 2500-3000 boed by the end of year once he brings on all the wells

He then mentions 360boed is extremely good commercial wise for onw of the wells, but he thought it would be better to give an expectation 1500 boed to manage expectations

Will next news be a rescue ship, or will it be another thunderstorm. One thing for certain, it feels safer on shore

The ocean can be very unpredictable. For me, its about if and when to row my boat back out into the hazardous water. For many guys unfortunately, they are clinging onto their life jackets and betting on when the next ship passes to pick them up

When do you guys think next news will be? And if PH release another video interview, will you trust him or not? I think this will be key affecting the longer term sp movements (im not talking about the short term swings)

I already have rowed my boat on shore when I saw the thuderstorm coming

I reckon we may see 7p again

Im no technicial or expert, but from 360 boepd to 1400 boepd seems a bit of a stretch

Currently producing 360 boepd (could go up or down after stabilizing)
After clean up the rampers thinks it will go up to 1400 barrels a day?