Member Info for Mirasol

"They are getting the deal done:"

Ocelot - they've been talking for a year - why do you think its suddenly going to become good?

Far more likely that they will keep the shares unlisted until they are sure they 're going to have a deal and a production forecast that will enable them to extract the last penny into their pockets. Or that AIM tell them relist or quit

06-May-26 0.1879 m. cum m per day

07-May-26 0.1871

08-May-26 0.1810

09-May-26 0.1801

10-May-26 0.1847

11-May-26 0.1871

12-May-26 0.1754

13-May-26 0.1174

14-May-26 0.1861

15-May-26 0.1771

16-May-26 0.1710

Thirty day running average 0.1718 m. cum m per day. Defo settled into a maintenance intervantion in every 10 days it seems. Post maintenace volumes declining very slowly as you'd expect.

"That Navitas is lining up to ultimately be the Operator for PL001 is irrelevant to the FIG - it's two completely different license groups."

Legally of course you are correct and I'm sure that, certainly on paper & in public, FIG keep the wo licences totally seperate (to avoid any legal intervention for a start).

However.

If you think that Navitas/Eco/JHI are operating in a vacume then I think you'd be very wrong. No doubt NAV ran the idea of farming in to JHI past FIG "In case they have any serious objections" or " to avoid unencessary work" or "for the avoidance of doubt." or ... and the same with ECO. And there are conversations over dinner, in bars, walking back to the office.

Read Yes Minister.

I'm sure unoficialy FIG can't wait to see the back of JHI (who have done almost nothing) and see them replaced by companies that are meeting their promises with very serious investment. I'd bet that in a few years they'll be happy to see RKH disappear as well - as long as they're replaced by a small to mid-sized oiler who has serious funds to invest

"The mapped closure at Crossroads is the largest undrilled feature in the area "

and they never mentioned it in their latest RNS - so whatever they are testing is smaller - possibly a lot smaller, than the main trarget

Wow!

the master of the single line Pump has gone wild with THREE lines of text - he may not be a bot after all..............................

Fancy answering a simple question Ocelot?

Ocelot - do you believe there ever was an RTO planned?

"A 12 year fixed contract, now that surely indicates confidence."

Well it has to be long to cover the costs of the upgrade. There'll be the usual break and extension clauses in it. What would be of interest would be what NAV are thinking about for the second FPSO. I suspect the Akoa Mizu will be moved around the NFB for years tapping into the smaller discoveries as time goes on

"I note that there's no mention of the primary target in today's RNS "the main objective of the well is for oil in the middle Ordovician age Oil Creek Sand" so either that objective wasn't found or, if it was, it contained nothing of interest."

And the offset well for that formation only produced 124 bopd....... this is really small stuff

Looks like a few people are getting out..................

"what is a traitor country?"

I guess he means people who don't want to get caught up in a war they where never asked about, that is doing enormous damage to the world economy, inflicted by a lunatic

"Whose ‘special’ idea was it to go after stripper wells."

I don't think that was the aim but that's how the wells have turned out. Nothing wrong with stripper wells but you can't pay yourself as if you're the boss of a mid-sized oiler if you do go there

"SP Angel is the company's Nomad. Their opinion is, therefore, a very useful one for investors in Angus."

In the same way that Goebels was useful if you dealt with Hitler?

A thousand quid buys you 10 million shares more or less - pity they don't do paper share certifciates - it would be REALLY cheap wallpaper

I think we all have that problem - you have to use scientific notation to find out how little the stock is worth

"Trading around 0.01p–0.011p, which is extremely low, reflecting a highly distressed or speculative position."

Don't you love AI - someone entered a load of data to get an answer they could have got by reading a page of posts on here.

"If it hits best cas we are in for 5x. on a very low downside."

They never get anywhere near their "forecasts" - they've invested heavily in a couple of stripper wells that don't produce enough to cover the wage bill - the downside is considerable, actual and reflected in the SP

"If the market accepts SP Angel's comment "

The paid lackeys of the ANGS Board - who trusts them an inch??

But I think you know the SP Angel people Ocelot?

How can anyone get excited over a share that is 1/10,000 th of a quid - and falling

Whatever they have in the bank will be 100% owed to the lenders.