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Duster man there is no preparation work, its all part of the drilling process. the preparation work was done prior to spudding.
Once the drill has spudded all the rest is part of the process and nothing new. All accounted for in programme and in what m/day rate they should achieve.
Duster man there is no preparation work, its all part of the drilling process. the preparation work was done prior to spudding.
Once the drill has spudded all the rest is part of the process and nothing new. All accounted for in programme and in what m/day rate they should achieve.
Painting??..The site preparation was completed. The drill bit spudded on the 9th of July...
I dont think the comms on most oil and gas is great, where it has been in the past with some companies there was usually a snake oil salesman involved. A few of them floating around the current explorations in the UK.
People are probably looking at the likes of AAOG and think all the twitter updates and photos are great. In reality they are immaterial, all that matters are updates around spudding, drilling and striking...All the rest is just side dressing!
Its hard to know what their strategy is. They are surely gone through the first target on SL by now unless they are using a shovel. Hopefully they're driving onto to the larger target deeper down.
If the first target was viable would Mike Buck release a statement?...Anybody have any previous experience of him in other companies?
Moving north a little now, but nothing major.
We could do with an update on the SL drill and on how works/negotiations are progressing on the other Blocks. There will be little or no rise until then I would think.
Dozzawba,
You have no need to apologise? He's incorrect comment has been removed and he has made another claim that its all in the June 25th RNS...Another lie. Nothing whatsoever about drilling deadlines, as he tried to insinuate in his initial post.
Dozzawba,
So whats hes excuse for making incorrect comments with regards deadlines. Not a single RNS mentions deadlines.
Hes a spoofer that continuously posts misleading comments, from all perspectives. Ramping one day de-ramping the next. You would be forgiven for thinking hes schizo!
Fundraiser that's a LIE, a complete LIE. There was never an RNS with deadlines. A time frame or drill rate was never given. They simply stated they would update after the 70 day drill programme. Anything else is just your half baked ideas of where the drill is by now. I would advise everybody to mute this person "fundraiser222".
I would have always thought this type of news woukd seep out from the drill site. MATD have alot of staff, not to mention the large drilling crew. Surely crew members have family/friends lined-up to buy if good?
We have no idea of the drill rate. There was some talk that the machine was capable of 7m/hr. But this wouldn't include casing, cementing, bit changes etc. etc. The RNS on the spud said they would update on completion of the drilling programme. No mention of further updates during this time.
I was just being sarcastic guys, sells today have been nothing substantial, certainly not share price movers. While all day the price goes low before a large buy...hmm
Wow all those sells, just piling in!!
How many alias have you got Fundraiser??
Most likely that any RNS for an update on Snow Leopard will be at 7am. To date all their RNS on operational updates and spud have been at this time. Possible that an update on Bock XX could be intra-day
The others like price monitoring, results of AGM, palcings etc were at random times.
There will be a little drop today, maybe below 9p to release stop losses. MMs getting shares on the cheap!
If Snow Leopard is proven, this will go high before drilling on Wild Horse..The region will be proven and WH is huge! Could be 50p plus before WH if all goes according to plan.
We could just tweet her and ask her whats up!!!!..
I cant speak Mongolian though!!
Ya that seems plausible. I'm sure here huge sale prior to spud annoyed the board. Terrible timing!
Maybe she has been removed completely!
Mr.P,
You have a point, maybe her work here is done as a non-executive director, her expertise no longer required.
Her replacement could be an interesting one. But by then, we will know a lot more about where this company is going