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62 week is still weeks :) hopefully in next two weeks fingers crossed
Update - still awaiting Goi to get off it's backside and do an approval. Nothing anybody can do except keep badgering them. Not sure what else anyone can say or do
Older I really cannot believe you are still going on about the 4 barrels. I really used to think you were quite knowledgeable but now can see through your games. Cannot take anymore, green box filtered.
*billion
10.57 Farm out activities will hopefully be the funding for the next drill. More than likely Leonis. So no not necessarily another 5-10 million shares.
The CR was a definite so no need to be surprised, angry or whatever feelings one may have. The 40% discount is a little kick in the gonads though. Didn't expect that one. Been here over 10 yrs and seen my investment go from an all inclusive cruise for 4 people for a month to a weekend stay in Butlins. I'm not bitter just truly disappointed and disenchanted with the current bod that do take far too much renumeration and showed no faith in their own company not dipping their hands in their wealthy pockets to purchase shares, even at this pathetic SP. Let's hope they eventually deliver on something. Options -You can either sell up now, probably at a huge loss or hang on for some potential catalysts to bump this back up. There are some in the not too distant future. An upgraded resource report for Phoenix. A possible farm out for Phoenix. Probably a closer one is a farm out of Project Leonis near to Prudhoe bay that could be a significant drill and near to taps and other infrastructure. Namibia could be huge but need one of the former to be monetised before we can think of this one. Hopefully Longhorn we start to bring more and more cash into the bank. So not all doom and gloom, just need some of the cards to stack right. Whatever one does GLA!
CR incoming. Good lets get it out the way and move on. Explains the price action of late. Hopefully been forward placed and not at a discount to today's price.
Well oversold, coming back strong now, could even end the day blue. Big turnaround on its way imho!
13.07 Not all rampers, maybe just decent folk who have invested their hard earned cash into a company they believe or believed in to make more back. Rather that and lose all my money than be a low life gloater of people losing their money. Happens to us all at some point. Just some gloat and some don't.
All good apart from the SP which is dropping like a stone. Tells me CR incoming. Sooner the better,ETA get it out the way. Then move forward to developing our acreage to bring some real money in.
Puts Olderwiser theory to bed. Great read from somebody that actually knows what they are talking about.
Ignore the noise from the doubters as long as the high quality partner understands the figures, that's all that matters.
OW - Quick get buying you might make some money :)
Possibly
Farm out to a high quality partner.
I did email them and asked to clear some points up. That's what they have done. Great from 88e
19.01 interesting slant on the doomsters Brom.
Maybe a forward placing has already been done, hence this atrocious SP performance since the flow tests.
And you're exaggerating it. From the appendix below, where does it say flowed oil for 16 hrs. The well was continuing to clean up during this period.
rates observed during the 16 hour period varying as the well continued to clean up at managed fluid flow rate of ~170 bbls/d with a calculated total volume during the flow back period following establishment of oil cut of ~4 stk bbls
Yes the 4 tanks you keep banging on about. Are you a little nuts. Only 4 like explained earlier, because it only flowed oil for minimal time after the frack fluids. They got the flow rate info, then finished the test due to time constraints and cost.
Damn, responded again!