Member Info for MrMarkyB

Patience NY, the news stream should start in the next month or so !
Confidence will return GLA

That’s correct, we relinquished that on the restructuring!
I am still positive here. The investors will arrive as the spud date looms! That’s the way it usually goes with O&G explorations on aim!
Hoping they monetise Bolivia soon!

Hopefully we will get an update on Bolivia soon! According to the schedule monetisation option should be looming!!
It’s dissappointung that we have sat on that asset for sooooo long, seismic re-processed, but no idea what it shows good or bad!! The old crew sat on it too long hopefully MH’s skill will bring good results here

I believe the top end price per drill 5m, so 20m for 4 and CGC liable for 16m, tieing their gear up for maybe 6 months!!!
They must be happy

It wouldn’t surprise me if CGC comrades are slowly hoovering up shares here, they have all the data at their disposal, and just taken on a greater percentage

I think they would as well, that seismic cost around £7m, that’s a big investment, it’s now being processed and they will have full access to it! If it looked poor do you think they would have taken that extra percentage and throw more money! A question though, do we pay for less of the seismic now? Only 19%, not really clarified

IMO, MH not your typical ceo on aim. Great career at Rothschild, and good at his job. Running a tight ship, no flannel coming out, time with the team was frank. Just a waiting game as we head towards to drilling program. One comment he did make which was positive is that CGC happily took 81% of TA, with their success rate what does that say!!

Doesn’t look like Investor events like last time, just lunch meets in the office. I can’t see PI’s flooding in here if they don’t ‘market’ it like JP did at sound

PS read the entire RNS

I cant answer all the questions, but look on May 20th RNS, restructuring, highlights point 1. very clear on 19% costs to echo.

Ps from recollection with the depths of these wells 3-5000m and cost £2-5m each, if you look at top end figure potentially they are investing £16m in this 4 well project! Not forgetting what we have invested so far in seismic!

Defo agee, CGC has a good success rate there and their team will be analysing the data and with their 81% stake in the drills will be on the ball!! I’ll take 91% success which rounded off gives us 3 out of the 4 as successes!!
Happy with my investment

On schedule so can’t complain.
I believe we are fully funded for the drills following the restructuring.
Q4 things should start to move nicely here

I went to one of the small region events, not many there to be honest! But they need to get the message out some how! Been very quiet

It’s my guess that in the next 2 months we should start to get some news, with 2 spuds in Q4 they surely will do an investor roadshow with drill plans etc, and some magical marketing!!

Thanks for your feedback, an interesting read.

We tested the 3's not long ago, lets try again

I did see a few pics on Twitter, looks like 2 spuds Q4 2019, one each Eastern & Westerm

Fill your boots nyforever! I’ve been topping up

Exploration drove sou mcap to £6-700m without a bean coming out the ground!!