Member Info for NigelHaemoglobin

FYI

Fair point Mumbo but options are very constrained in Sub-Saharan Africa. Read a chain of BLVN rns's and presentations once as a 'dry' investment study, quite instructive.

Whatever equipment and conditions they had all I can say is they subjectively appeared direct and honest.

Just my opinion.

You're right PoC, unfortunately many have been herded by a serial b-sh*tter and will never regain their objectivity.

It is downright bad manners to have not RNS's a precis of where ops are at this week. Nothing dodgy just slimy.

He's the spitting image of Gary Glitter in some of those photos!

Absolutely raving, sectionable.

Try not to have delusions Short or develop odd conspiracy theories.

All I simply wrote was that HE1's were clear and unambiguous. Lenny and George over here at PRD could learn something, if they wanted to.

Ah Steinbeck, wonderful author but always preferred Twain's pithy aphorisms, how about you? Or is The Sun sufficiently intellectually taxing for you?

Have a look, absolutely not recommending them but the frequency and quality of their RNS's is very good. Basically they inferred a sell or short (in my opinion) by concise and clear communication with their shareholder base.

Billy that's interesting, it's a bit harder to do RNS archeology these days but FAST and Island were 'fascinating' reads.

Did you make money in FAST, I didn't get to correlate the story to the sp or mcap before losing interest.

Having punted on many natural resources outfits very carefully i.e not unthinkingly holding from fundraise to well results I can assure you that HE1 are very straight with the shareholder base. This is hugely different from any number of deceitful, secretive and obfuscatory outfits in the oil and gas world.

The risk profile increased dramatically and was clearly indicated in recent well updates.

Seriously an investor/punter could not ask for more.

And you held, that was my point.

Try to let your synapses function, there are occasions during the value generation curve (in the success case) in which to invest.

Even then it is not easy, particularly when indulging in mineral resource gambling in the developing world where the regulatory and taxation rules can be burnt in minutes.

Don't even start me on corruption...Troll? What an absolute plank!

Three messages were gifted to you, one was an array of staggeringly low gcos estimates all oddly similar. Another was a fundraise for your follow-on well and the final clue was a clear announcement that just a sniff of this fugitive element was noticed and that you had a major technical problem 1000's of feet down a tiny hole.

What you have is a drilling and fundraising outfit! That is all it is until a commercial discovery is made and then appraised.

The appraisal period or even better the post appraisal time is often the most optimal time to START investing in exploration companies...

Libertarians (or a pseudo-libertarian in this case) are a common enough recourse for a desperate electorate but banning abortion is most definitely not a libertarian principle: merely a toady sliming up to the strange cult based in the Vatican.

Still, major oil companies bend over for just about anyone therefore operations in the Malvinas Basin should continue which is a good thing for the region.

There is a lot of confusion here between Conservatism and Libertarianism...

May be wrong but if the testing had 'blown the bloody doors off' we would have observed it in the price action by now.

The probable only saving grace may be surmountable technical difficulties. Raising significant funds though was a (rare) smart move and could limit an sp crash to an extent.

Bob

It's not to late to learn strategic reasoning or alternatively, stick to sea-coaling and bait finding.

Ironically the most excitable ones are often the flakiest, if the plan is to test three wells using dual techniques and one sub contractor appears to have bugged out due to delays, we have to infer that the full testing program with the inclusion of analysis will be measured not in weeks but in months.

Geologists work in mega annum units but joking aside the huge positive is that your company is very well funded. Enjoy that reality and develop patience while awaiting your results.

Tax is interesting in the sense that it is contingent on the needs of a nation. 8.5% of GDP on the military is interesting...

Wholesale gas prices woefully low https://fred.stlouisfed.org/series/PNGASEUUSDM

But what price did Shell lock Rabat into when the MEG flow was reversed following the Algerian dummy spit? It is a twelve year contract. How will the MEG flows be divided if MOU is a runner? Which existing and future power stations will be provided for with gas flowed in both directions? Where will the separator be?

All fascinating stuff, genuinely learning useful facts.

Incidentally Morocco has 384 Abrams tanks, quite enviable. A lot of Cold War ATGM fodder as well though.

Is it certain that Sandjet testing will happen? Seems a useful opportunity to conventionally test those horizons which are suitable for EXPLOSIVES and make a deduction from those results.

Quite amusing really, that is, the extreme level of confusion on here.

The next event is to prove or disprove commercial volumes and deliverability. This takes time but you have no financial concerns due to the recent large fundraise. Technical uncertainty yes of course.

The placing game was fun while it lasted, in abeyance now.

By now, any E and P newbies should have learned the values of patience.

There lies one of several problems, what to do with the gas, how will the company survive until the (placings normally) and how viable will reserves be with such a low RF?

Please think carefully before ruining family finances, honestly!

A bit harsh, all I have simply summarised are multiple placings, 4/5 on the button with two weeks tolerance and questioned the overall strategy with particular reference to testing and imaging (seismic).

Or I could just follow you and your mediocre ilk and post without exception how utterly fantastic everything is.

Your money, your call. Could not care less.