Member Info for NGR1616

Easyp those previous price were before the realisation set in that fractured basement WoS isn't going to work when the reserves will in the billions not the millions.

The efforts of the scientists who created this technology won't be whitewashed by a weak defence based on these arguments so far.

Top Cat I don’t suppose your average is 12p is it?

Or 5.3p

You’ve just accused Crystal Amber of market abuse!

No one will buy Nanoco until they have guaranteed repeating revenue that justifies a valuation in my opinion. Samsung I doubt would buy them as they then have to either run the company or wind it up- far better to have them as a licensor only and not disrupt their supply chain than spend money on a court case or to avoid a court case just to wind a business up.

And here comes Mr Banker.

and you know that CA was always going to be wound up because of how?

Alibi - are you the AIM stocks guru guy?

"guys are right - good buying opp
production and brent price the only current essentials
HUR doing fine"

Well, that's an out right lie or at least stretching the truth to breaking point!

You should be questioning this persons motives not mine.

HUR's current production is at significant risk as guided by the board previously and borne out by the decreasing bottom hole pressure readings provided by the company. It's not "doing fine!" It's on life support. It seems there may be some sort of corporate / tax moves afoot. On Friday one of the possible routes out was removed.

But hey - the fact I'm saying this is apparently a "good sign"

People with no shares ergo no emotional attachment posting warnings…….= “a good sign”

Good for you. I recommend only listening to things you want to hear when I make my investment decisions too!

I have come to think of it as a ring side seat now. Tried to point out the technicals.....no one listens. So now I'm here for the drama. Popcorn at the ready.

I so don't need help. I'm not invested here.

morganna 1 - let me be clear......I got out because the whole play is fatally flawed. Fiscally this is showing resistance, but It's in its death throes technically. My advice at 0.7p was based on a misconception that the court case would fail and I didn't anticipate the rise in oil. I have stated this already.

That doesn't affect the realities of what's happening in the reservoir however.

If selling early means before it was 5 x the current share price then please save your sympathies.

scrabbling.

What everyone seems to be overlooking with the forensic analysis of this RNS so far, is that the entire premise of fractured basement oil WoS is fundamentally flawed.

Lots of drilling, 2 development wells, 1 shut-in not long into production and the other not trending the right way.

There are many wells that can churn out 5k+ per day for 10 or even 20 years without significant issues.

Lancaster won’t and by extension Warwick and Lincoln won’t either and development wells are simply too high risk for any new or existing investor.

HUR will have to go it alone.

or GWA?

rfarfa - you have no gas off take capability. So without that, you don’t want gas.