Member Info for Mirasol

"o those monthly figures in August and September are not real figures of monthly production "

Ah - you mean the REAL figures are the ones in your mind Adrian?

Not the ones the OGA report which are the ones for production that are sold and appear in the Accounts?

Adrian - please please get professional help - you're getting worse and worse. You are genuinely losing touch with reality

"The OGA figures are incorrect "

What rubbish - no-one would dare - they'd finish up in court and they'd never work in the business again - and that's not SS and the BoD - its the operators, the truck drivers, the people who buy the oil, the OTO..........

You really are getting silly Adrain.............

she called it in december... 1.8p to 2.1p https://twitter.com/LadyOfAim/status/1479174744448679942

Yeah just before they last diluted the stock and it fell from 0.8 to 0.6p

25% loss in a week..............

"Had I listened to these morons I'd have sold at 0.65p"

pity you bought at 2p....................

He won't get a C&D letter - they don't really care - he drives up the post count and that's what they sell to advertisers

If you want to see true desperation check out his posts as Echo Delta on ANGS - he's manic for it to reach 2p

Another brilliant investment decision I suspect.

"considering you're asking someone to spend their time helping you do research. T"

NO - he's asking Heid to show his workings for the wild claims being made .

If they're not substantiated we'll all know how much to trust them

i'm still waiting for the link to the famous Zechstein paper heid told david B about... its almost a month now and nothing

"Where are you getting this information from ?"

For you to ask that question heid is really , really funny..............

I'll bet SS and Brain what his face at UKOG have nightmares that Adrain will turn up on their doorsteps again......

BV never has an argument - prefers abuse.............

come on heid - and while you're telling the truth can we have the name of that paper on the Zechstein you (allegedly) told Daveed about?

M&A premium trends in the US, according to Deloitte analysis:

2014 to 2016 average takeover premium: 38 percent.
2017 to 2019 average takeover premium: 55 percent.

15 Jan 2020

"(assuming that the CPR shows more recoverable than previously thought)"

that's a big assumption - generally the longer you wait for a CPR the harder the Company is having to work to get the Consultants to back their view.

I 'll say this now for the record - it will be a Gaffney Cline CPR and those guys are hard to lean on apparently. They're not some 2 man outfit who needs the work - they normally deal with MUCH bigger fish than UJO and their reputation has been built up over 60 years. They're one of the top 3 at this game. Whatever they do publish is about as good as you're going to get in terms of accuracy - one way or the other.

" That statement of never a hope of getting your money back tells everybody that you have a huge grudge and chip on your shoulder."

I think it shows he knows what he's talking about - rather than the "multi bagger" posts favoured by some

"But what could Harbour ask for? If they are walking away I think they are getting off pretty lightly to be honest, they could be on the hook for decom costs of the Dock"

No the Dock - or rather quay - was actually built by RKH for the first drilling campaign. It was extended for the southern drilling campaign and a second base (pipe storage etc) put in. Since then the quay (s) have been used by normal shipping on a regular basis. I think the yards are partly mothballed but they may be sublet for other FI activity. Essentially the bases are part of the Stanley harbour infrastructure now and no-one would ever think of removing them.

2how does he know market sensitive data about UJO geological assessment?2

probably drinks in the same pub where the last 4 leaks came from.................

"Heid, do you know why the revised CPR is taking so long (RNS 21.09) and do you know why it was commissioned by UJO and not the operator?"

A CPR normally takes at least 3 months - and longer if there is an argument over the results. I presume the reason the Operator didn't ask for one is that they don't need to spend the money on one. You only need a CPR normally if you are looking at raising cash, getting a loan (especially Reserves Based Lending), trying to sell or farmout.

If you look at the production to date and plot it on a graph you get a pretty fair fit for oil with

bopd = 217.23 x ((No of months since start )to the power 0.333)

which suggest that by end 2022 we'll be at 64 bopd

Water numbers seem to be between 26 and 30% these days

So we'll be much the same as Europa in 12 months time

If there si a buyer what price do you think they'll offer?

I'd say 0.15 - 50% more than the market price

They could take him to court and get an injunction but why bother? He drives a lot of posts an d that's what their advertisers like