Member Info for NigelHaemoglobin

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.

Positive update from GKP today, some real bashers/manipulators out there.

I reserve bashing for management mediocrity and PI's with the IQ of a Cornish Pasty.

Nearly ready for blast off, I love engineering based plays, years ago an Oz bloke put out a bunch of photos of the Ocean Guardian in the FI with a flooded sponson. They abandoned the rig, sp collapsed, back up and operational in a fortnight!

You're not interested in testing? Bit foolish surely...

Testing is mandatory in order to establish the characteristics of the reservoir(s) which could lead to an FDP.

We do not know if the venture is commercial and unless I've missed it we do not know if we have all of the test equipment in country inc Sandjet's product.

Exactly, I'm after a three bagger here and dividend reinstatement next year.

PG has clearly stated 'unconventional gas' in a recent presentation. Given the forthcoming competition for the rig, more delays etc, what will happen if it is determined that horizontal completions with sand control measures are required as part of the FDP: ie your speciality?

Hopefully not mangling my English like yesterday!

Well, I was initially wrong as well. Had a brief dalliance with Genl, took the last dividend and a small capital gain and ran.

Clearly the politics are complex, bitter and could go on for a long time. By Christmas GKP ought to have attempted serious financing deals or it is junk bond time or another dire D/E swap.

As posted before Genl could help but it's up to them and you would still have a valuable company (if the pipeline reopens) with >500 STB reserves.

Not really, many numpty PI's were sucked into buying during the recent spikes. Those who bought lower but failed to trade the multiple placings so graciously called by me no have a priori much higher averages.

I would honestly give MENSA a miss tmh, also, have you passed on your genes? Slightly worrying...

Also, the 4m approx sell looks strongly like a buy to me.

After all these years is BOR finally on the cusp of a deal? The light sweet condensate (more of an oil really) is absolutely perfect for simple refining and use in the global shipping fleet.

Neither can I, apologies I meant to write not disingenuous!

A few more cups of tea should clear the brain.

Once again, extremely sorry!

Study it, some companies are relatively safe, others look weak (prd theseus) but it would be absolutely barking of the serial dweeb Ryan to cancel some of these licences. Even the Theseus construct( sound of vomiting) could survive.

Unfortunately we had deeply embedded problems with our Nimrod maritime reconnaissance aircraft. After the dreadful accident over Afghanistan the RAF and manufacturer support BAe realised the fleet was not airworthy.

The problems here are far simpler but a full/detailed bow to stern engineering survey has doubtless been carried out. More sensors/telemetry in my view could improve safety and reliability.

Once we start building these things again in the UK and Europe so much the better!

Really heart warming to see logical and probing questions being asked (are they ever answered) about the incredible story about testing.

Without testing, and pronto, we will never be able to develop Guercif.

I would personally like to see a progress report. Has the kit arrived? How much water will be required? What is the order of the testing plan?

Jimmy, please email the Griffoid ASAP!