Member Info for Nate-PI

27% up now already, looking tasty :-)

Yes, will be suspended at COP today if no deal announced beforehand. CCAP were informed a few weeks prior to the deadline that no deal would be closed prior to suspension. We've had radio silence from the BOD here which leads me to think that we're onto something. I can handle a small suspension, like most here, so long as we're onto a deal at some point. With the caliber of the BOD, I don't believe they'll fail. After all, I'm sure they'd still like to get their hands on those director options at 1.8p...

This will be back below 1p by the end of the week. Absolutely nothing of material substance to support a 24m mcap. Pittance for revenue, a useless BOD and some pie in the sky ideas. Oh, and 90% of the PI's are heavily underwater so will spout any old tosh to encourage others to buy. A shambolic company.

Okay, excuse my ignorance, but what if there isn't as much oil down there as everyone is hoping for? What if the current CPR content is correct after-all? Yes, insolvency looks far less likely now than it did a few weeks ago but the key question still remains as to the viability of the company going forward with regards to forward work program and the quality of the assets. Will be an interesting one to watch how it plays out over the rest of the year.

Means nothing though if CA themselves cease trading…

Masks to become voluntary in all settings from 19th July.

Never mind needing a bigger, boat they’ve missed the boat altogether. What a shambles of a company.

https://apple.news/Anvp29byUTJGQsZn61JTP8Q

Squeaky bum time. Even if we do somehow magically RTO here, it’s poor form waiting until the last possible second to announce it.

As the temperature increases, the average kinetic energy increases as does the velocity of the gas particles hitting the containing walls. The force exerted by the particles per unit of area on the containing area is the pressure, so as the temperature increases the pressure must also increase.

Yes you are correct, but the hotter the temps, the higher pressure and therefore the bigger volume of gas

Sorry to burst your bubble, but that 10m trade is definitely a sell.

Temp from surface towards the earth's crust increases circa 25 deg for every kilometer below surface, so @ 1200m TD the temp would be circa 30 deg hotter than surface temps

Glib,

My understanding from previous DM interviews was that the appraisal drilling would take place only after the initial 3/4 holes were complete, on the basis that (even with the best intentions) they didn't know if they were going to find anything.

If we indeed have a discovery on our first hole then I completely understand your question re appraisal as it would be a lot of double handling equipment, plant etc. I think it remains to be seen what we do in the event of an immediate discovery but like yourself, happy to be corrected if I've missed something from any of the previous interviews/presentations.

https://www.energyvoice.com/oilandgas/north-sea/west-of-shetland/334219/bluewater-very-keen-to-discuss-longer-stay-for-fpso-on-hurricanes-lancaster-field/

Well, if we're being honest, we've read most of the information contained in this RNS before, there is nothing new in here.

What we really need to get things going at this point is some results...

It looks to me that the reason for the drop this morning was because of the below trade. We seem to have had an early investor now de-risking some their holding which because of it's size has pulled the price down. It's been published as a buy but looking at the time and price, it appears to be a sell. Fully expecting this to move quickly back up now as the shares are mopped up.

30-Jun-21 09:29:11 24.275 2,000,000 Buy* 23.00 23.20 485.50k O

I'm sorry but I don't believe you. If you are really willing to take a £37k loss on one tweet with no price sensitive information in it, then you shouldn't be investing in AIM shares. You will quickly lose the lot.

Plus another 500k buy just gone through, the buyers are plentiful today.

Vol. Sold 2,088,559
Sold Value £505.43k
Vol. Bought 3,548,816
Bought Value £858.81k

Looking v strong today, a lot of buying pressure. Anticipating the MM's to rapidly move this north again shortly, just like yesterday. A fool and his money are easily parted, and the people who panic sold this morning just got their pants pulled down.

Ndn,

Nail on the head. People don't leak anywhere near like how some here would have you believe... it's not worth the risk.

What seems like a lot of money to some, simply isn't to others and all sizes off buys & sells indicate such on a daily basis.

Nate

Yes, it’s good that the company are regularly keeping investors updated via the rns channel, however it has to be said that again, there was nothing new here.