Longerwait to be fair I am not too worried about the standard of written English grammar of the average brake, disc or tyre fitter haha.
I think the government will settle during the ECT process 70/30 and have taken up a position, pure punt but if it winds up the quasi-Marxist eco raving mad nutters even better!
Having watched EOG for quite some time it is not exactly great to see the water cut start so early and already resorting to EOR. Not the fault of EOG but I thought the rate of progress at Wressle particularly with regard to construction and approvals painful to watch.
With the Irish in complete denial about energy transition ie Inishkea etc what is the argument for investing now? That said the price point looks favourable along with future development of the licences.
Indeed Hampshire you are correct, exactly for how long say post 14 yrs old have you relied upon the opinions of others?
Nuts to Dunning and Kruger, it's Milgram all the way down. That is, unless you prefer the evolutionary idiom of 'turtles all the way down'.
Either way you are a flocking animal.
Well, an admixture of risks which is normal for E and P but it is hard to envisage special dividends not being distributed within a reasonable time horizon after first gas.
Phenomenal entry at 25p plus additional investment at 28. The production profile of Akatara is not the longest but the expected DCF could be stellar!
Very happy to be aboard. Good luck all jaded jadestoners.
POC the brutal reality lies the dismal mcap, geopolitics and most vitally, next years UK general election when a group of closeted Marxists will take over and run the place (into the ground) for ten years.
Rockhopper have the chance to beat the Trots if they can achieve FID soon. The FIG are not the fastest to authorise deals. I wish us well though, my holding is a punt but reasonably chunky.
Let's hope for the best. I used to trade BOR with a reasonable success rate.
It's possible but back payments were due for one of the recent wells, TDtools one would expect would have required a downpayment. I think they lease their kit out, not entirely sure but it seems logical that specialists would be required.
I don't know why Griff doesn't squit an RNS out about the kit and personnel ie is everything in country etc.
Pure waffle POC but...given that BOR should 50 bag particularly if they can hang on to 20% of the further low risk exploration targets AND wells are drilled the FCF thrown off will be huge.
However given imo that there is less than 10% chance of any form of a deal common sense is required. However I have bought a few of these as a V hi risk/hi reward punt.
Agree Roxi, still gathering JSE
Agree Roxi and notwithstanding my earlier point re portfolio weighting I do not discount buying more if the sp remains under 30p however I have my eye on other companies in my watchlists. Given the forward program I do not see 150p here as completely outlandish (given time).
Where is the Sandjet, when will it arrive and how much will it cost?
Haha only joking but the radar company based in a shed in 'The Wolf of Wall Street' springs to mind...
28 to buy now, I have enough to retain at least some rationality in portfolio weighting but it still looks very good value imvho.
As expected, no ii or HNWI has bugged out since 31/07.
Did they ever leave or reduce? Would have to check. I started out fifteen years ago investing in recovery plays, the first part of my research was always to check to see if ii's were continuing to support their company.
Took some more at 26.5 on a fill or kill, averaged up slightly but the direction of the news is excellent.
Other companies could really learn from this...
Nothing on this planet made from steel or aluminium alloy cannot be repaired or restored, yes sometimes it would not be commercial to repair an artefact. Anyone here the news yesterday re Ferrari Mondial Spider racing car which was actually burnt out but purchased for $2,000,000? It will cost up to $1,500,000 to restore but will easily achieve a hammer price of $5,000,000.
JSE will double bag from here then rise incrementally to three plus bags as we approach dividend reinstatement: all in my opinion.
V good and clear communications, unlike some of the runny squit which many oilers spill out....PRD for example.
No interest in when the Sandjet kit arrives then? My pure guess is that it has only very recently been paid for.
I suspect that an amended EIA will be required as GUERCIF IS STARVED OF WATER!!
Where is the Sandjet equipment and when will testing commence.
Testing may prove that the project is commercially viable or 'likely' to use the words of Griff.
Sandjet (cut and paste)
• I mentioned this previously, but he has some reservations about Sandjet. Basically, he’s looked into it and the fact that his company don’t routinely use it should tell us something. He said: “We only use it if we HAVE to.”
My thoughts exactly! I think MOU COULD be commercial but MAY need many wells with horizontal completions.
Only the eventual testing program will define what is feasible...
There is room to build a cruise ship and an FSS in the building dock before moving an FSS to the Belfast dock for detailed work. Another project which could be shared with Navantia as shipbuilding experience is rebuilt across the various classes.