Member Info for miker444

Fair enough Boom nothing in that mate to indicate one way or the other but at least they had the courtesy to reply, update by 01sMarch, if that's a deadline I suppose it's possible it could be a day or so earlier?.

who bought £6.48 worth lol

Boom I am thinking Badger update a week tomorrow, whilst not conclusive, may be along the lines 'steady as she goes' / all going to plan etc.
It would be enough not to cause another Bunga downward spiral on sp until Colter is known, basically keeping us with 2 bites of the cherry still.

Agree i was just generalising there will be nothing in between either crap or fantastic.

The way I see it there are 2 scenario's, we either strike the oil or we don't, there is nothing in between and that will mean either a MarCap of £2m or £20m, give or take.
Too simplified? I don't think so.
atb

A few more coming in now as sentiment may be returning that Colter more likely to come good but also it has the potential to at least multi- bag (irrespective of how many) as MarCap just so low.

That would give us 2.16m barrels, if the oil is there Corallian will find it imo.

Boom in addition to the 58% cos we have additional 3D seismic data which should pin point the up dips / trapped reserviors and also this info was not avaialble to BP / Shell 30 years or so ago but they still hit oil with all 3 drills.
Be incredible bad luck if we come up blank.

Paulathon we have expected 1.76m barrels net attributable to ADL, therefore 1.76m multiply $15 / $16 gives $27 - $28m

Either way Boom just a week tomorrow and we are due Badger update and possibly at same time Colter news. We can't change the outcome but we haven't got to wait ages to be put out of our misery ( or in it ).
atb

That's it put the kiss of death on it lol!!
The only way we can lose is if it's a duster, should get a buyer ( Wytch Farm ) if succesful.

Snap!

Paulathon the $28m is base on $15 a barrel mate, RBD presentation states they expect $56m with 16% 'ownership', ADL have 8% hence a simple division of 2.

trade just showed up!

Should be worth $28m @$55 a barrel and be a simple case of MarCap divided by shares in issue, but this is AIM.
Despite that if it comes off then simple maths to the above would put it 5p+ but I am not greedy will settle for 4.9p lol
:¬)

Thanks Jace

Jace any more movement fom FS Carrick, attached a pipeline to the shore :¬)

Fair enough Boom mate there can't be a single person on AIM who dosen't know what you mean, we all wait for the big one and the 'no brainer' but not sure that exists!
atb

Badger spot on my mistake it is 70% median but even better than I thought mate. That alone would give 5.5p a share.
atb

Boom you may want to look again at RBD they have a drill about to spud at Monroe Swell which is 72% cos ( 95 x 95 x 90 x 90) it is worth $100m NPV to them, in addition to Colter and 3 more drills are planned in the next few weeks I know you were invested and then sold up but a bucket of news now due, all appraisal wells none exploratory.
atb mate