Member Info for NigelHaemoglobin

Micro bile, have you a tiny fistula? We have not conducted 3D seismology, tested MOU-1 or completed MOU-2.

Basil 'Fawltys' are interesting but only two priorities remain unequivocal at the moment.

1/ How much will it cost, your no debt theorem is irrelevant: it's a running on vapours outfit.

2/ What is beneath the mud slime? Schrödinger problem.

Fantastic indeed, I remember The Times calling GKP investors 'emotionally febrile' and 'of a certain type'. Indeed they were! propelling the geopolitical and geological nightmare into the FTSE 100!

Only a large company or transfer of value via massively dilutive debt/equity swap saved the sour and heavy oil swamp. It was very easy making money on GKP, long or short haha.

What happened there could happen here, I certainly hope not as long with the correct weighting.

One is restricted, the other three drink drivers. I take my civic responsibilities very seriously and if I reduced risk for anyone and especially children then taking on offenders for indictable offences should be the duty of all of us.

We cannot know that yet capital, the last two companies PG ran had some luck in Morocco, how much is up to the individual to scrutinise Fastnet and Island Oil...

Now is the time evolve real independent thinking tmh, I have never been selected for jury service in spite of being vetted in a former life and having four citizens arrests under my belt. Oddly enough a friend who arrived here forty years after me from another jurisdiction has served twice on a Crown Court jury.

SPOT ON MeM, tmh is yet another herd herbivore: 100%

MeM yes your numbers look sensible, not disclosing the spud date/time and the cessation date/time was a bit slimy imvho.

Quite useful for regional geology and a potential play finder in mineral exploration but only the drill bit can give us the truth.

Oil
Gas condensate
Dry gas
Wet gas
Fizz gas
Water
More rock (duster)

This is reality!

MeM you are BANG ON, wee bobbles has slurped up literally everything he has been fed: analogous to politics in a way. We have to be as slithery as those who rule us whether politician or bank manager...

Not one for ruminants or sycophants but...

1/ How many drilling days are we on the hook for

2/ Where are the crew and if necessary when can they return (who picks up the bill?)

3/ Let's have some sensible estimates for the cost of the new mud and time/logistical cost to deliver.

I speculate that we may have an approxthree million STG well now, possibly more!

Porters what a strangely binary pov, it is entirely possible that a placing will occur: not definite but snap out of it!

I would not disagree with your post Jimmy, you know your onions and I take it as a tacit acceptance that a raise (within regulatory constraints) is probable.

Often I refer to AIM, of course PRD is not AIM but has classic 'AIM like' characteristics.

Kas those MC posts are all cobblers and pure salesmanship.

Good luck...

Of course you are correct but what is the point in being an investor in a tiny high risk outfit if we fail to estimate costs? It's a difficult one but we have to allow for a 700-800k stg overrun. Very hard to call.

As yet unknown money pit?

It is drivel when viewed in the context of expo well funding in an infant E and P. BP, Equinor, Conoco etc all well and good but sniffing around Morocco on a tight budget is a totally different animal.

I remain hopeful for a multi-bag though which would not occur if a multi billion major were operating Guercif. Genuinely hopeful and delighted if the small investor succeeds.

Have two sets of hiking boots and one climbing set thank you haha.

Using just domestic levels of accounting are you in no way concerned about the MOU-2 significant time/cost overrun? Or do you just hoover up GRH's droppings?

He is very smart, kept the Iran/Iraq war bubbling along to almost symmetrical bilateral attritional failure.

So, virtually all of the questions on proactive were futile. What we need to know is, how many drilling days have been billed, how many approx to complete with LWD and HOW MUCH IS THE NEW MUD concurrent to logistics ie transport cost and time.

None of us want MOU-2 to evolve into a £3 million well.