Member Info for NicosEvos

Woooooooooooow........A very nice update!!!!!!!!!!!!!!!

gla

The two 35.5m trades, look to be a rollover.

imo...gla

Can't hear you!!!!

ScarletVixen ..........Anything to add................

glalth

Nice, 3p here we come.........Onwards and upwards!!!!

gla

Excellent news....Onwards and upwards!!!!!!

gla

No, 3p.... Onwards and upwards!!!!!!!

gla

Cash in bank now and huge support here.

This is where you buy for another run up into 0.5/0.6p area

Buy the support. Sell the resistance

imo, gla

(WBI)......

Announced the successful subscription of £1 million from new and existing shareholders. The net proceeds of the fundraising will strengthen the Company’s balance sheet whilst providing additional funding to accelerate exports of its product. Axis Capital Markets Limited has subscribed for the shares on behalf of its clients.

Comment:

“If you have raised cash countless times, but still need more cash, choose Axis.” But as WBI’s CFO said last week: “The first half of 2024 has been a period of continued transformation and operational restructuring for Woodbois. Despite the challenges we’ve faced, our financial performance reflects the progress made in stabilizing our operations and laying the groundwork for future growth.”

It was a sell....imo

Booooooooooooooooooooom

ids, gla

Buy buy buy....Bargain at 2p....Back to 3p in a flash!!!!

Just needs the iceberg seller to finish.

https://x.com/TheSaintCharts/status/1837426695130775876

MATD 7 Mins in.

gla

C&P from next door.

here and there19 Sep '24 - 11:40 - 9338 of 9341 0 7 0

Had a decent broker zoom with Arrow this week, some highlights

-Cash is growing nicely

-latest well cleaning up, result next week

-plans afoot for second rig at RCE later in the year ( haven't signed rig contract yet, just making sure oil price settles down)

-Good mood noises on Osso Pardo, hoping for a result by year end (this would have a dedicated rig until it was drilled out)

-the 3D has provided 'liquid gold' in terms of drilling inventory, next 3D will be shot in Q1 2025

-plans to connect CN and RCE by pipeline/s across the river. Saves costs and gives optionality on water disposal methods and moving oil. Can flow water in batches, oil in batches or as an emulsion that can be separated by existing facilities.

- There is plenty of capacity for water disposal. No problems there. Everytime they are approaching saturation they will drill a dedicated water disposal or covert one of their weaker producers

- Really interesting on the horizontal decline rates. So far the wells are performing better than their modelling. As a basic rule of thumb it works like this. 50% decline in 3 months (An initial flush). From that point on expect annual declines of 25%. The wells pay out in a month or two after 60000 boe of production. They may produce up to 2 million boe over a potential 20 year production life. It's an incredible return on investment, simple cash machines. The presentation has a good slde or two on it.

- drilling inventory stretches out for years.

- Reserves report end of year. Didn't do one in the summer as they kept on making fresh discovery after fresh discovery so difficult to know when to draw the line...more first world problems!

C&P X.......Robin Mayes@Robin25461631 1h

Management are in town next week, presenting to II, HNW and retail. They have had a stellar year, production now at 5000bopd, next horizontal well result due in the next 2 weeks, three more horizontals to follow. Check out the drilling inventory, it is endless, the paybacks extraordinarily quick, spoilt for choice. Production, reserves and SP will keep on growing

Https://x.com/TheSaintCharts/status/1833821684584910998

MATD, 8 minutes in....

Oooooops.....

Https://x.com/TheSaintCharts/status/1833821684584910998

MATD, 8 minutes in...

If successful, Heron-2 will be put on stream in either late 2024, if time permits, or in Q2 2025 after the winter operational shut down. Meanwhile, mobilisation activities for the Gobi Bear-1 exploration well are underway with anticipated spud by mid-September.....

gla

Https://x.com/GraftPolymerPlc

More like, 1M - 2M.....imo

gla