Member Info for Netherwood2

Yeah, we're all here just waiting patiently

What is meant by "NT"?

I think this is well worth a punt. Bought 860k shares at .56p so sat on a small paper loss. When Ghana is ratified this will be in 3p territory. If they strike oil then who knows? Kind of a little pension investment for me so long term view. Probably will be share issues to fund drilling. All my own speculation of course.

Zakta is really David Davis and he's ramping like mad. Ghana has not been ratified yet. Hopefully soon though

Agreed - Hello David Davis! To be fair there is a good upside if Ghana comes off. Zakta/David Davis needs sedating however!

Just some fun speculation really. I bet I'm not far off. Am in here with 860,000 shares. Defo worth holding for next 12 months. Will be a fun ride.

Upon ratification this share will spike at 1.9p before falling back to 1p. Simple fact is they need partners or massive share issue to raise funds to drill. If they ultimately have a decent find of oil then I reckon 10p easily.

Since what time?

Much appreciated! So basically $12m-$15m per well and with say roughly 50% success, they would need to drill 4 times at least to stand a chance of finding oil. So potentially $60m exercise. They would need to partner surely? It must stack up somehow as they wouldn't bother doing this?

Are there any experts out there who would have a rough idea of how much it would cost Clontarf to drill and if they struck oil what is ongoing cost of production? With oil at $48 pb I wonder how profitable this would be?

What a classic this has been this week. Now the board is silent. I however, resisted the temptation to sell and see this as an excellent long term share. A bit like SOU was and is.

This will pump and dump today. Until they pump oil this will be one for day traders. For once have taken long term view. This is one well worth keeping in the bottom draw

Have been here since the days of less shares at 4.65p. I know there are more shares now. Sold out at 1.75p 2-3 years ago and got back in with 860k shares at .54..........just thought I'd have another punt. Never in my wildest dreams did I expect this. If they get Ghana ratified as well! However, whoever bought 15m shares this morning either has cash to burn or really knows their stuff. I'm in for the long haul. At 54 years of age this could be my pension pot just as it was for Premier holders once.

If they get in EG and Ghana then this share is a gem for sure! Well done to those who held their nerve...........including me!! GLA

So nearly sold out 2 weeks ago! Still got my 860k shares. Maybe David Davis/Tradehound was right!

Is David Davis. Ramper extrodinaire . Good articles though!

Looks like David Davies is back as Tradehound ramping away

....David Davis will save us!! Sat on a £2k loss now. Decided to sit it out. If it goes belly up then I've lost £4.5k. Last time I will play with AIM

Interesting articles and thank you. However me thinks you are a wishful thinker. But hope I'm wrong

Is either a real optimist or a total ramper. This share is like betting on the horses. You'll either win or you'll lose and you have to be prepared to write off your money. I've got £4.8k in here now worth £3,400. If David Davis is right then defo 5p per share