Member Info for mikemike

Flying first class, no freaking chance I am not flying anywhere this monster is on the door step and if I can find a hair on my chrome dome to tie down I will.

https://earth.nullschool.net/#current/wind/surface/level/orthographic=-229.16,13.20,2567/loc=138.114,9.459

so 128064 what was your name before you got banned.

Dumbest post of the day

''slightly different trying to get a major to Farm into a company who have just drilled a duster (but it was a success really), ?''

What relevance HRZ has for conventional only a biscuit would know!

As for success or not on the HRZ, industry will tell us that with a Farm out planned for mid 2019, or not as the case may be. certainly it will not be a rich t in possession of the industry nous as to know or not.

Now off you go and beat a panel or three

swearing in or swearing at:))

Yes, hopes he gets South to make the important announcement we all want to hear

V111jas

I would not worry about RMP they have already funded their obligation to the western blocks, that is all we are really interested in from an 88e point. Their BB is active and may cover more of their plans to raise funds to drill elsewhere in SE Asia as they are involved in a potentially significant gas find. As far as 88e are concerned they are a financial partner whom has met their obligation, they can now snooze whilst Eric and his team sort out what is needed.

Bromb, if it rises a little more I will be back at break even!! I was in before the Hawk eye duster. The old adage you only lose if you sell, a paper loss is immaterial.

Was a time I thought about pulling out,thinking it would be another Afren. I stuck with it because of the cash in the bank and no debt. A sort of ''one day Rodney'' moment, looks like it might be rewarded.

island girl the only ego is yours posting on bb where you ave no interest except your ego..

The posting content is a reflection of you, nothing of substance just banal comments time after time, the evidence is out there. Perhaps you need help?

island girl you are way behind the times, as you are on every other bulletin board that you post on as a non investor which is all of them.

RMP have already paid their share they announced it in the RNS.

The balance is the figure you are fixated on and is a significant amount some of which is ear marked for the gas venture in the south china sea. Yes, they will do a placing they need to shore up the balance sheet...welcome to AIM/ASX

V111jas

RMP had $10m US in the bank whilst they waited to be relisted on ASX. They have fully funded their Alaskan venture and still have enough to fund the gas venture in the south china sea now that the authorities there have pulled their fists out.

In fairness 88e just needed partners with funding for a single drill, and that is what they brought to the table. The expertise lies with 88e

kdogg

The answer is in the heading

It is a corporate presentation and the venue suggest it may have a corporate audience and as it is by invitation the PIs are making up the numbers so the room is not empty.

I also suspect that Dw will be visiting the broker to talk about possibility of bucket shop placing, if he feels it may be needed, this may not be an open placing but a cornerstone event.

We just do not know.

What is certain is this event is not aimed at PI's they are an add on to prevent the room being an echo chamber.

In fairness they were aiming at

''the clown of the day award''

still up for first prize:)))

Aerial,

then I suggest they need a very healthy dose of testicular fortitude, sadly.

I just cannot see how any mature person can feel that way about the internet. Not as if they have posted name and address etc.

Bromb

I am thinking it is going to get harder for the SOA to negotiate a 'hair cut'' on the debt as the average price of POO is well above the price at the time they hit the panic button.

Anyway all out of our and DW control. The net position will however be debt free.

Nutsy.

We do have a rebate due which is now looking like a net figure of just under 3m$. Good news is that Dw is very relaxed about the payment being made sometime in the next financial year.

In addition we have 3m$ of Galp money tied up as provisional liability which will also come off the books in the next two/three years unless GALP send an invoice that cannot be effectively challenged, highly unlikely.

I would like to think that an effective farm out for the Conventional will render these amounts as 'chump change'

Citi

Yes it is a long haul perhaps longer for some who expected quicker results they could cash in on. I would have liked that as well, O & G is b never that easy if it was it would be a different industry. 88e more problematic as started chasing a theoretical vapour phase that is proving elusive.

IW2 is a science and engineering well. No one on here is qualified enough to know how to interpret the data room results. We can only hope that 'Industry' will have the answers.

With an increase in Conventional leads to 1.75mb, success could show

1.75b x 3$ = 5.25b$ (Armstrong pricing)

1.75b X 5$ = 8.75b$ Bookable reserve price on ANS as opposed to WTI or Brent

1.75b X 7$ = 12.25b$ based upon earlier premium price for ANS as high grade API is needed in TAPS now

How much of that as a % will be given away net as a farm out price tag and leave us with ????

Not included is western block, Yukon Gold or HRZ

Be nice if they can start go get it out of the ground before Global warming melts the ice so we then become an offshore company. I be surprised to see any buy out activity prior to 2020, Yes, I would like to be surprised.:))

aerial

It is the internet no one is forcing anyone. Come and go as you please etc.

http://fm.advfn.com/p.php?pid=nmona&article=78229289

Cats ''dunblane hydro'' my first ever job 63.5p per hour

''we get to see them''

Then again, perhaps it should stay 'as is' judging by the reactions of a few.:))

D Win the answer lies in the first line of your post

''Corporate presentations do we need?'' as 'We' are not corporates then the answer must be No. the corporates who may be in attendance may like them. The corporates that DW may be seeing may like them. clearly corporates are the target market, we get to wee them as part of ASX disclosure rules.

Smiffy posting?

Never understand why he posts as he is not invested and never will be. No doubt the excuse he will give for not attending Friday. In the event he could attend he would never ask any of what ever he has posted here., Yellow jelly where the spine should have been syndrome etc.