Member Info for MrMarkyB

One option MH could have gone for could have been dilution, but he didn’t, he restructured our position on TA. Cash is tight as we know! Is for most businesses at the mo!

A good strategic move IMO. We have not given up on TA as WTD suggests, it does not say we sold the asset!
To me it shows CGC want to move on with the asset but with our current cash flow MH has more near term important areas for our cash.
Considering we paid for the seismic a fair deal really!

JP obviously wants his slice of the cake here! Not walking away like at sound!!!

I just checked the RNSs, it’s been 8 weeks since we’ve had an operational update, I would guess we have an RNS this week. A general over view would be handy, all very quiet!!

MH has re-built a good foundation now, new asset, revenue, upside from WO, PA result and the remaining 3 drill campaign on Tapi Akai with the nxt spud in H2 where we are now.
An operational update would be good......Brent Crude recovering well.....demand across the world will increase as countries start to come out of lockdown and economies move forward.

Had a cheeky top up, 55540 shares at 0.74, will it show as a sell?

As NY knows I review my investment here on going, not sure when/what my exit point will be, defo here for the next TA drill, we are now in H2 so let’s hope we hear news on that next spud soon!

I’m content with my quantity of shares now. Excited about what is around the corner. In a reasonable position here. We need an overall update on the current status quo really. Been keeping an eye on sou, nice little find on PA with a quick tie in could see a nice rerate! GLA

IS it just me, our RNS not showing on LSE

Good news, cracking price, come on PA

Didn’t think we were drilling in BA, but we are 2km from the Chilean border

I found this article which states that some of the border crossings between Argentina and Chile have re-opened on the 24th June, that could be handy for PA testing!

https://www.worldnomads.com/travel-safety/south-america/argentina/travel-alert

I believe it may well have been a “red herring” all s as long. To be listed I’m sure you need a tangible asset !!

That’s a very interesting article, fingers crossed the PA well results comes good and quickly tied into the Chilean lines

We have never had a comment as such on previous testing, and this has or so it seems under gone a considerable test period prior to lock down. I am speculating but it would make sense, if we have tested ourselves and independent with authority much more credible and I would guess quite normal procedure for any significant discovery that would put significant value to a company.

That is a very interesting comment from the RNS, and they are excited.....fingers crossed.
Nice 1 million buy early on a Monday morning......unusual......

I cannot remember what the target or potential play was for....

I am confident but at the end of the day as you say we will have to wait and see when the RNS lands...

I personally think they are waiting for an independent company to come and perform testing with their own calibrated equipment. This could be linked to Gaffeney & Cline (think that is their name from memory) which would give more credibility to the results as it will obviously be linked to company value and could be incorporated in a new CPR.

I have contemplated picking up some more, checking out the 3 month chart an up swing imminent...GLA