Member Info for Mirasol

" sale of assets once a new CPR is in place or reserve based lending. "

And therein lies the nub - a new CPR!!! I think we all look forward to that... but like UJO - it might not turn out with the numbers they want.............

"s irrational pessimism to only see black skies and rain everywhere""

its also a long history of following small UK oil companies - there is a very long history of disappointment

Even here - IIRC it was 20p a share after they split the company in two

normally comes out in the 3rd week of the month - might be a bit late this time round as the lift was delayed. Expect news around 18th

". If they believe HH is a big producer then focus on it "

I don't believe they DO think it's a potential big producer. They have NEVER given an y guidance on future production rates and there has been no update on even oil in place for 3 years -even after the production history on the 2 & 2z wells.

Their actions of trying to find something else - Bbr, Loxley, Turke,y the "american Opportunity", Portland gas - are identical to previous small oilers onshore UK desperately trying to stay above water - think Northern/Cabot or Europa (Ireland, Egypt, Morocco...) here. It never ends well for the LTH's

"The problem with such large raises as we have had in the past and what is now being requested now is that it seems like a black whole, money gone. While no tangible results or benefits for investees are perceived leaving angry and disalusioned shareholders."

Wizz - no-one could put it better - so why would ANYONE pour more money in here while the BoD remains the same?

"The problem with such large raises as we have had in the past and what is now being requested now is that it seems like a black whole, money gone. While no tangible results or benefits for investees are perceived leaving angry and disalusioned shareholders."

Wizz - no-one could put it better - so why would ANYONE pour more money in here while the BoD remains the same?

"It was supposed to be beginning of June,originally."

Actually March - and even that wasn't originally

Damn! All his posts had disappeared - now they're back - gutted

See they woke up this morning, logged in and SMITE!!!!

".it's been a long wait, for the OM arbitration result."

That's why it's wise to avoid the legal profession unless you really have no choice -but very useful figures from JEBR

I've been in EDR from the start - we're now, at last looking at a decent future. How that translates into the SP I'm not sure - its never been an "exciting" stock but it is a very stable company that is well run IMHO (just look at UJO , ANGS or UKOG for example).

Its fine to be "upbeat" but it's irrational optimism to only see blue skies and sunshine everywhere

". Therefore this has to explode or least make significant gains at some point very soon."

Most likely it'll just lump along at these values for years with the BoD taking out their salaries and bonuses

"To put into perspective the pessimism of some of the derampers, the London Stock Exchange is currently showing UKOG's year-to-date return to be 36.09%."

Conveniently not mentioning the never ending dilution and the fall from 8.9 p

"If it would provide continuous drilling at Horse Hill to bring all six Wells and water injection into fruition."

That's another 4 wells at £2.5 mm each to produce 4 times the 59 bopd we have today....................... fantastic

". RKH have huge fields with low royalty rates. "

They don't have as single field - they have an undeveloped opportunity

"Btw aren't UKOG going offer PI the chance to buy in to any future placings ?"

probably - even their mates won't take any more of these shares

Looks like it's entered the Kimmeridge Black Hole

"CitizenTS, a merger of equals would create a combined group with a market cap of £200m"

EQUALS??? HUR are producing 9000 bopd from (admittedly) a single well - and RKH? This would not be a merger of equals.

They might let Sam serve the tea and biscuits at the Board Meetings. More likely just send a moving crew round to move everything to Guildford

"Taken from the BGS website. nothing here says that fracking will not take place"

The BGS are a Govt funded, scientific organisation. They don't put out teasers . They will do the work , submit their report and THEN publish it . They wouldn't say anything either way before because that would allow either side to say they were biased.

"He’s the local postman, he said so on twitter !"

Don't beleive everything you read

A lot of people know exactly who Adrian is - he made the error of linking a post on Twitter to a submission he'd made to the local council that had his full name and address on it :))))))))))))))))))) . He's posted pictures of himeslef arm i n arm with Steve Sanderson etc an so it's not a great secret.

However common decency and the rules on here mean we don't repeat the details.

His greatest worry is probably that one of the mods at LSE will snap under the strain of playing whack-a-mole with all his ID's and decide on meeting him in person