The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I have him/her blocked anyway.
MH has done a great job, without him we would probably have been de-listed by now.
Companies around the world are struggling, we are keeping our head above water.
Production looks good, WO will increase this, be good to tap into 2p reserves!!
I’m pretty confident in the PA well, 6-70% COS, highly likely up-dip of existing structure across the border in Chile (only 2km away).
All we can do is sit back and wait for tyre results!!
GLA
I really can’t be bothered to say much on this forum at the mo. The doom and gloom slayers constantly knocking the share! I just do not understand why you are here! Shall I just start slating shares....no...I would rather enjoy life than be bitter and twisted!
Anyway I’ll sit back and wait for the £1 party! If we hit multi TCF on TA it’s possible! High risk high reward!!
Like I said they could be employing an independent to confirm their findings for credibility. Greater provenance to market sensitive information. It’s my opinion that being so close to Chilean border the sub-structure connected across the border and Argentina up- dip from an existing producing field hence higher COS. Really looking forward to news.
In the Q&A when they mentioned restriction on access to Argentina with their requirement for equipment/personnel to complete testing on PA very intriguing! Considering, from recollection but not sure on accuracy, that 4-6 weeks had already been spent testing/completion of the well!
Here’s hoping for a good commercial discovery that add well to our 1p reserves that can quickly be tied into Chilean gas line. (Only 2km from the border)
Interesting comments there oil trader. I for one feel very comfortable now. The last few months have been tricky but the recent news and Q&A had good questions and responses from the bod which gives plenty of confidence!
There are some that do it across many boards, but here you’ll find they have lost heavily on sou and/or echo. My SIPP here awful at 14p average but have taken advantage of the drop by beefing up my ISA with an average of around 1.3p. So a while yet before my investment breaks evens, but very optimistic!
Oh how I regret not selling a few years ago when I could have had a £30k profit! Live and learn!!
https://www.echoenergyplc.com/media/1512/2020-06-08-scs_upside_opportunites_web.pdf