Member Info for MiltonBoy

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Buying at 26.64. Another 20k done

Well that’s just rude, raising it after my first 20k buy.

Rumour on discord is that North fund are out, which, if true, means their selling pressure will not be there, if as expected we get buys on good test results. This could move very quickly!

Great update, reads as though the decline rates are levelling off and now it’s just the number of cheap wells to push volume of gas up, with two expected before end of September.

A relief to see curve flattening.

I am hoping the end of year report gives us clarity on Q1 production re lost days due to work and April figures with little or no decline, production stabilised. Good Cora production increase would be ideal and some commentary on rationale for Trinity purchase. Fingers are crossed.

I don’t disagree they or comma is poor and misleading, but they intend to leave the year with same debt they started and are investing money earlier than generating it. I wish they had the wall of cash now, but it costs money to drill and they forecast that income over the year.

BC,

They are drilling through faults, solving the issue rather than abandoning is a positive.

TXP can be so late , so spud of Casc 3 is positive.

They need to spend money in advance of what they expect to generate, net debt at year end will slightly increase, this is good spending, investing for growth.

Also avoids need for placing as now have the funds.

Huge positive.

Gla

This should be ticking up daily with the odd pause for breath. Cas2 done with great pay, cas3 starts in less than two weeks. First perf being tested. New areas, land swap and moving forward with pipeline to current production. This should be ticking up to each, jumping on news and ticking up to the next one.

I believe the financing will get sorted soon and if not, we will generate 9m this quarter to spend next quarter, so any delay should be limited. I am eager to see results on Casc and a better sizing of Casc as well as the sign off to pipe this to A pad and monetise. This year apparently!

Once this is generating more than it is investing or starts moving to that phase, then you will see IIs moving in.

….as well as asset swap and new block confirmation!

Asset swap will grant us access to block enact to cascadura field and possible extension of reserves into that block.

I for one believe their is plenty of good news due pre Christmas while building cash pile to drill in Q1 to increase Casc gas from 48 to 150/200.

I think you will see that and more Lexicon. It’s a new install with some issues that can and will be addressed, all the while we are generating 3-4m a month. I believe Coho new plug will support 2/3x increase and Casc issue will see 60/70% increase over next three months.

I also think the oil in Royston is there and stubborn and will flow. Have faith, it will happen

…and paying down debt or storing in bank. Approximately 180k a day, 900k a week.

It has more cash than last week and yet it is lower in price.

What will it take for this market to see the potential?

Flare link eight messages down

I am hoping this is just trading and PB has not started some discussions on further funding and the market knows and is reacting. He says not, but I really don’t know what part of what he says, I can believe, anymore!

You can add my 700k shares onto that list. Fortunately most from low 20s, so still happy, but feeling a little misled by either someone who does not know what is required or does know, but for some reason is not able to translate that into timelines.

It’s the market and the oil price drop on expected COVID impact. Imho

CRS Decision went as expected with 50% of votes for continuation not enough, so now CA plans it’s next steps.

I have sent mine.