Member Info for mikemike

I am unable to get the AGM

Shame as I am sure that the meeting will be warm and hospitable

Will LC be happy to draft a milestone plan for the new projects as he sees it, knowing it could be subject to factors beyond his control.

BUT NOT commit to a time frame as we know what happens then!! Just a series of planned events that get ticked off as they happen. We have the ICPR for MCIPP What are the necessary steps to be taken and in what order they are expected to be completed.

LC's new found preference for 'late stage' projects should in theory mean that these projects will be advancing at different Advanced stages. Nice to get a handle on this.

We are applying the MCPP processes to MCIPP and BIPP based upon what happened at MCPP. Yet as already evidenced with BIPP, this not the same even though it may be similar.

Any thoughts? (lc is still not responding to e-mails, no matter how polite)

''88 Energy has already commenced a rig market survey and is identifying a suitable rig with which to commence the drilling operations.''

Hopefully the Doyon, Arctic Fox'

Blitzed has nothing to offer. He admits he is not long but has denied being Short. No that he has been disclosed as a Short he will probably remember to deny that as well. Blitzed so predictable. yellow streak where the spine should be etc.

That Blitz likes to deny history and the lessons learned like not standing your ground means you get what you deserve etc. That he does not understand the importance of the potential for a Judicial Review shows how poorly researched he is. He will have no idea how many Arbitration finds have been overturned against those upheld, let alone the reasons for it

Time for him to belly slither back out under the door where he can scream in space, no one can hear him.

Not invested nor willing to admit he holds a short position tells us all we need to know. Being condescending to investors by claiming he is the only person who can do research that will save us all is about as laughable as it gets. A real messiah walter mitty moment. Will I ever stop laughing.

Lest we forget, the expertise of Hmm

'' I post infrequently because I have nothing to add regarding the technicals of oil exploration.''

Hmmm

at NCCL to see what a bit of good news looks like and the potential results

''Those paying attention to what's actually happening in the real world will recognise that the case is being decided by the ICSID.. and not these two clowns. This stock is far from a "no brainer" and their analysis isn't worth the pixels they're printed on - DON'T put any more money in based on their ramping and blind optimism.''

Or

Those paying attention to what's actually happening in the real world will recognise that the case is being decided by the ICSID.. and not by the clown known as Blized these two clowns. This stock is far from a "no brainer" and his analysis isn't worth the pixels it's printed on - DON'T put any more money in based on his de ramping and blind negativity driven by the exposed short position that he holds. In addition ignoring the potential for a Judicial Review would be tantamount to extreme negligence.

I would be surprised if they do not do a placing for the full amount possible. Puts more than enough in to the bank to cover the Alaskan drill, just in case etc Still leaves under 500,000 issued equity.

This is not a bad thing before any start to jump up and down. Cash is king and it is a good idea to mitigate future risk.

OnE Churchill to another

''We shall not flag or fail. We shall go on to the end, we shall fight in Arbitration, we shall fight on the seas and oceans, we shall fight with growing confidence and growing strength in the air, we shall defend our assets, whatever the cost may be, we shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills and the courts of Judicial review; we shall never surrender,

OI what is this about the beaches, Blitz told my mum we could catch colds and get bronchitis. You never told us that!!

''We few, we happy few, we band of brothers;
For he to-day that sheds his blood with me
Shall be my brother; be he ne’er so vile,
This day shall gentle his condition;
And gentlemen in England now-a-bed
Shall think themselves accurs’d they were not here,
And hold their manhoods cheap whiles any speaks
That fought with us upon Saint Crispin’s day.''

Blitzed response

But we could get killed and you never told us about that

Spartans to leonadis their king. Oi mate this is dangerous at these gates there are 1/4m angry guys coming this way and there is only 300 of us

Leonidis... what does that matter, spartan law no retreat no surrender

AHHH but Blitzed tells us it could be dangerous, you never said nuffink about the danger and that we may lose

Guzzler

listen to the london presentation where DW suggested he would take 60p now rather than a larger figure much later.

At the time the sp would have seen 60p as upto 100 bagger plus. Then the sp came down to just over .03p.

Anyone buying in then and referring to that presentation would have made the very simple take out of 200X. DW has invited people to do the math for themselves based upon what the company believed ws OIP and Recoverable at 17%. This before increasing the acerage substantially.

Anyone buying now would see it as X 40 to get a close match .

He needs to have the power to keep the power.

Time to approve the PPA/SML and improve his approval

Lemajor

Things change. I wonder if DW is now thinking about taking conventional, or just a part to full production? The cost of doing so when measured against final value is well worth it.

I know that both he and paul suggested not as it was not their ''wheelhouse''. yet, that was when shale was far more in play and The Conventional play even more in its infancy.

1.5m$ per linear mile for pipeline, suggest close 50$m to fund it. There are more than a few service providers who would fund the debt against proven commercial production and have that laid out in under a year, subject to permits.

I do not know what oil search are doing for pipe laying but they need to lay their pipe to pump1. Sharing costs brings the expenditure well down as we would only be liable for 100% of costs to where the pipe links to Oil search, not far away at all.

I wonder if DW could be persuaded. All of a sudden we are not retaining 5$pb but probably 35$pb, assuming POO at 65$ If we did this for the new JV with Otto and RMP....what is 1/3 of 140,000 barrels pd X 35$?

Let the other two conventional drills permitted for Q1 next year provide the more immediate need for capital for IW2 and cash flow needs for more Conventional drills in Yukon and Icewine.

Lest we forget, the expertise of Hmm

'' I post infrequently because I have nothing to add regarding the technicals of oil exploration.''

Hmmm

RMP do not have the funding to do that. They have 1$0m in the bank with some of that not committed to the JV venture.

RMP are on the 'stump' in London which probably means a cash raise for a maximum of £6m giving a placing that will see issued share close to 500m. this will see them through the JV drilling costs and replace what they spend.

Should we get a positive in the JV conventional, then we can probably get on and sort out all the Shale well drills without anyone else to assist. This means we get to keep the biggest stake in the biggest prize.

With another day nearer to Nirvanna, the excitement is almost palpable:))

Ok, maybe this is a ramp with or without GE:))

Anyway for me it is another day sooner not later.

With international travel by some this week , it may take until next week to see any further progress.

I can wait:)

''and always get a prompt response.''

Quite right too, you are a paid up member.

I often get the same, just not this time. I expect the volumes of complaints means they quite correctly prioritise their responses to paid members.

I suspect they only take notice of paid up members and still do not accept that they have fewer paid up members because of their problems. I wrote them at the start of the week and for the first time never got a reply. I expect they are snowed under.

Bromb

I am very quietly adding small amounts, so the riff raff can stay away until the kids funds have been fully looted:))

I genuinely do not believe that enough notice of the value of conventional has been taken by us

1.4bb in the ground proven commercial recoverable reserves at 5$ pb = $7b

At the moment we have it all to prove hence the sp where it is

The three Conventional drills in Q1 2019 could be a case of

'Light blue touch paper and stand well back'

If the two conventionals in the west go straight through the stacked conventional plays into the HRZ it could be even more amazing as that is where the HRZ is at its thickest with greater volumetrics. Yes, IW2 is a temporary setback for instant gratification. Yet, how much more value can it provide for the science and engineering still needed.

As you can see I remain very optimistic

If the above is seen as ramptastic, so be it. My glass is half full to overflowing, no spilling allowed.

le major

Dw may not be around if we hit that as we may get an all asset buyer, now your eyes can water