Member Info for NigelHaemoglobin

Relatively new holder: given the low margins (if any) in extraction in the medium term CERP needs the chance of massive growth, augmented by both a discovery and first oil 4-5 years going forwards in a $70+ bboe environment.

Yes from me, each to their own I am respectful of democracy.

Terrible English!

But if Desire shares were bought at their lowest, post multiple failures but before the (I would say clear opportunity for FOGL) then a significant uplift was available. You are correct that offshore exploration is highly risky and in that sense trading and investing on licence or corporate transaction news can be profitable. Clear defensive positioning by BPC as a strategy for Perseverance failure. Cerp need exposure to massive upside as well, quite marginal at the moment due oil price.

Not aimed at anyone in particular, just general mud skippers who feed off anything in a global crisis: emotions, body secretions, slime, other peoples savings and so on. I will punt that there is probably no substance in today's Bor and Rkh rises, pure social media ****tardery. Note the word probably any pond weed out there...

Never changes, trying to make cheapshot money from people going through very hard times.

Extremely rare to have an investable product with soooo much interest. There is competition though on a massive scale.

Small investors?

Might have missed the boat at 0.5?

Well hasn't Baron Oil pulled the rabbit out of the hat! I'm in, multibagger potential??

In alignment with the world business view the aim is to not increase fossil fuel investment but to withdraw. This is superb news though, barrels of organic, free range and holistic fuels from our county of Lincolnshire are indeed noble barrels: barrels which pay taxes to help the Social Services, Fire Brigade and schools of Lincolnshire, amongst many many other public services for our population.

Sell to the sound of trumpets.

Look at the rns carefully, write down what you think is not in the text ie, for how long was the tree unchoked so as to arrive at 821 bopd. Could be half an hour! A placing is possible after such a lengthy and until today totally crap series of results.

Also, look at BLOE’s RNS’s, quite wondrous!

Are you the pedant's society president or the president of the pedant society?

Read the SPE manual and come back here in a fortnight.

It's all about reserves banalyana, some UKCS assets achieved valuations in $12-$15 range for volumes of extractable oil but STOIIP??? You need to be aware that the recovery factor is critical, this is a function of liquid properties, formation permeability and porosity concurrent to the design of a commercially efficient field development plan. Read up as far as you can about F.E.E.D and if 'accessible' have a look at EOR and IOR technologies.

You need to be aware that the definition of reserves has fairly recently changed with regard to the necessity of project funding. PVR is a risky share, largely thanks to err very risky decisions made by your management. Why did they fail to appraise Broe in it's entirety when it was still possible to raise $250 ish mil by relatively non-dilutive placing?? barking.

Fascinating nonsense and dribble, still these days pop in one or two adjectives, polysyllabic nouns and some Farrage type mouth diarrhoea and many will unquestioningly swallow the lot.

5$ bbl STOIIP is THE biggest load of crap that I have ever read on an amateur oily board: by a mile.

Oiler sorry I haven't seen your posts before but...are you happy with how these things work? Normally anything tangible ie meetings,activity etc over and above data room visits are picked up by the market hence the old adage, "buy on speculation, sell on news".
I suppose you could wait for the almost inevitable news then buy on possible retrace.

The company has been in an exclusivity agreement for nearly two years now indicating that discussions were occurring for a considerable time before that.

One way of looking at it could be that this project was one of the first to launch after the crash. My title's just a pun but can anyone else see this as a takeout opp re Pvr leaving Logp with a carry and a new partner taking a full 80%?

No worries Aubery, my error and I apologise. The form of language and slimy behaviour which I am referring to is more common amongst the English, rarely observed such traits in Ireland on business trips but there you go.

There’s a good chance of an open offer here, given some thought to it and might even join up tomorrow so as not to miss the record date. Bit of a gamble it has to be admitted! Strong BUY, SELL and HOLD.

Hoho, how typically English: the ellipsis, the blatant insinuation of being a propagandist.

My weak sell was purely offered as a risk indicator, those astute short position traders (not me) who have made a literal fortune off you by destroying the value of your equity have left the building.

Maybe it is a buy now, a high risk bet? The problem as I see it is this, if one is to take on a long bet of say £10,000 on this company a trader would need a five to ten bag return given how many successive fails are to be expected in very high risk recovery stocks. It's very hard to see a short term recovery in the stock to the rather overvalued ie >£1Bn market cap which Sxx formerly enjoyed.

With a bit of luck, an open offer with a very generous ratio will be presented to you all. I would be actually very interested in Sirius if that became likely Aubrey. Good Luck (see what I did there?).

Aubery the scenario which you envisage is a value transfer from those who have carried the risk burden so far to those of great wealth and experience: professionals if you wish.

I speculate that the eventual owners of your mine will live on super yachts and über expensive postcodes, they have no interest in the last ten years of polyhydowhateveritis exploration and development in Yorkshire.

I envisage today's pseudo-Tories evolving into angry Trotskyists...