Member Info for MrMarkyB

I am not sure to be honest, in total around about 2-300m shares at a guess, older RNS will detail it

I do not know if we are fully funded for all the wells, only the first well depth has been confirmed, the other 3 may be deeper (up to 5000m) so more expensive.
It is my guest we are funded for 2-3, maybe all 4. Take into consideration there are warrants and options that can be exercised for funding and also other funding options that I am sure Martin will consider, possibly monetisation of the Bolivia asset (which we are in that zone now according to the presentation)

Check out the latest ECHO presentation, make your investment choice I for one very content and hold 600k+ shares
https://www.echoenergyplc.com/media/1494/echo-july-investor-lunch.pdf

Yes we will be in Q4 soon, hope we keep to schedule, location is detailed with a depth of 3000m and rig allocated.
I guess soon they will do the preliminary works, drill pad etc......and then times this by 4 drills....exciting times.....this is what E&P is all about.
More details should follow soon....GLA

Let’s hope momentum continues today into the weekend as we edge closer to the first spud on TA

That shows confidence in the share, quite a punt, hopefully we will have a good end to the week!

That’s ok added to my block list, cheers

Big buy just landed, nice

I think you are very wrong, check previous comments and RNS's, with 56 posts to your name a relatively new investor.....Good luck

We also had a rebate from restructuring and costs have massively dropped

I think your numbers wrong personally, we are only liable for 19% of drill cost now, where as that data was at 50% cost to echo, so 800k - 2.2m per well

Starting to pick up, looking good

The clock is ticking, Bolivia monetisation soon ........

Hopefully it will....

Snapped some up at this price!!!

With negative posters!

Nyforever! Code 1 lol

Code 1, depending if you believe the myth, but the last time we had an RNS within a few days.....so maybe by Friday....

I think the drill range could be 3-5000m, I would estimate 3-4 weeks a drill, plus relocation time. I just hope they don’t mess about with waiting for the test rigs again! Makes you wander if all the previous holdups were thanks to Echo! We were the operator on the previous drills but not anymore!!
Looking forward to the months ahead

I am pleased CGC are calling the shots, I look back over the past and wander how much of what we were told was flannel! Hard to verify much of it. Q and A are usually quite evasive with aim rules.
Although CGC covering 80% costs its actually their gear anyway, so a cost in accounting rather than charging themselves! They must be happy with the risk as their drill rig will prob tied up for 6 months here!