Member Info for Mirasol

Since SOU offered 0.15 in undiluted shares - it really is a disgrace

baits

Posts: 9,272

Price: 1.525

No Opinion

RE: Do not forget guysToday 09:02
PHILBORO, I was lucky thats all never expected this RNS in a million years.

Baits generally we have not agreed but I have to say you are bang on here. Even I never expected such a catastrophic RNS

£ 7 million quid ??? Looks like they go their sums wrong again - and still "10 days Drilling after 5th of January - in other words they will be well over 5 week late!!!

still posting RT?

"Zak Mir's Traders Cafe of today\"

that he Zak Mir who claimed this was about to multibag??? several times...............

:)))))))))))))))))))))))))))))

". The thing is, if this is such a money spinner and great chance, then why has nobody taken it yet? "

First thing was the political issue that has been less noisy recently but it is still lurking - not many companies are willing to take that level of political risk

Secondly - its a long way from anywhere and the logistics - having to operate out of Europe put people off

Just as Sea Lion was proved up the oil price cratered and stayed low until last year - there were plenty of other investment opportunities close to home if you wanted them - the number of rigs in the N Sea for example collapsed during those years.

"Says our new deramper Mirasol "

and neither have you Adrian - you stalking me again?

30 day running average is 0.1631 mcm

"I see Ruth has now started to post on ARG lol."

another small oiler who intend to sell out for Canadian paper in a private company that no-one will be able to trade - even worse than the UK operating small oilers TBH. Really Adrian you should DYOR

JHeemings is Adrian of course - and he lives a very long way from W newton - but close to HH

"Let's go with mince because I like making macaronis an a shepherd's pie with mince. "

Yeh - you can freeze some and then defrost it in the microwave on your business jet Heid

I think we all have a pretty good idea who cor19n33 and J hemmings are - turning late up on Friday , either all or almost all their posts on this one stock, abusive..............

and 'spoons isn't even open when he starts

Will Harbour come back to the fold!?

NO - companies take years to admit they were wrong - you need a complete clear out at Snr Management/Board level

This is the big question - if you hold JHI stock how can you sell it?

It won't be quoted so there is no market, no market maker and no hope of finding a buyer for the tiny percentage of the company you'll hold as an individual

The only thing is it may, just may, come good in a few years and they float

" Exxon Mobil has applied for an environmental permit to drill up to 12 further exploration wells on the Canje Block offshore Guyana during 2023-2024, according to Eco (Atlantic) Oil and Gas."

I'll believe 12 wells when I see it................

"Industry will be watching as with the Pensacola Deltic drill."

thats offshore - it has zero relevance to the onshore

or have you missed the last 35 years of oil company involvement in the UK -= get out of the onshore

"If that's the case, Why are you here then"

I've been in AGR for years - I hoped they'd drill after Sea Lion was discovered. I wrote off the investment years ago but its was never worth selling the shares at the SP prevailing. It's like owning a lottery ticket or a premium Bond now - its worthless but there is a very very small chance it might hit the jackpot.

RKH is slightly different - they have a large asset but can't monetise it - I've been in and out several times - right now I'm out but will probably go back in when the FDP fro Sea Lion is announced

"I also think RKH (which I own) and/or Navitas could make a all-paper counter offer."

I'm sure ARG have been talking to both for years - but no sign of any serious interest. And FIG will probably want to keep some degree of competition in the N Falkland's Basin.

"However, if Exxon strikes oil in Canje,"

problem is they've drilled two wells already and not found anything whereas they can't miss in the next block . That suggests the geology is different - so they won't be going back soon to drill a third well IMHO.

And have you ever tried selling stock in a private Company? and one in a different country?? Its damn near impossible

"Leopards don't change their spots do they."

I'm not impressed by most small oilers if that's what you mean - they're a sink for PI's cash BV as any look at the SP graphs will tell you. Occasionally you might get lucky but overall it's extremely high risk - you've seen that Argos are going to quit AIM and swap stock for paper in a private Canadian Company? Another failure on AIM.

But I'll correct anyone who s talking technological nonsense whatever my opinion of the management

"Mirasol shown up yet again as a deramping moron,"

Ignore the fact that I supported ANGS when people yesterday were whining on about "falling production" BV when even your old mate baits sounded like panic was setting in and he might head for the hills