Member Info for Northman1

What does that application mean ja51, the details a bit sparse on that webpage. I thought Lidsey had been producing for years although not at the hoped for levels?

The complete radio silence from the BoD continues. Anyone think we'll get any information on what the heck is going on before the next Q4 update? Really taking the p*ss this.

Question for the experts. UKOG keeps putting out these various BOPD numbers per layer during the test. Am I right in thinking that when producing from these wells you would take from all layers at the same time or do you have to produce from just a certain set?

i.e. do we add the flow rates together to get full output or does it not work like that?

Isn't their 73 count including tankers from the Portland test. The RNS just refers to tankers from the KL3

Just enjoying the opportunity to add a few more.

Does the 120 million dollar investment mentioned in the RNS include the money already spent on exploration or is this the estimated build cost of the mine to production?

Not sure if this tells us anything that we didn't already know ti be honest. I'm surprised they didn't wait till they had some of the greenland results for this year.
Guess really need brockham to work out before we get the cash to get the other projects really motoring.

Crikey! DM wasn't expecting that. Someone wants in bad.

Regarding the bridge I believe someone mentioned using a barge for larger stuff but obviously that's slow going. So they would still have supplies, just can't bring heavy equipment in so fixing the mine wall will be using equipment that should be mining.

I thought Hudson were just a wholely owned subsidiary of China Sonangol, nothing to do with that recruitment firm, they just happen to have the same name Hudson, not being exactly being an uncommon name?

http://www.stockmarketwire.com/article/5359695/Bellzones-losses.html

Why would a recruitment firm want a stack in an iron ore deposit. Sonangol on the other hand definitely would.
We'll all find out soon enough if we're screwed anyway. I'm so far underwater on this its pointless getting out now anyway.

FSJ I tend to agree with MZ here though I take your point that people like someone to blame when it goes wrong and that is inevitably the Bod. Why hasn't Dan bought a substantial stake in his own company? Its smacks of a lack of commitment to the project and is bound to lead to questions of character.

As HH move into KL4 testing I was wondering, am I correct in thinking that Brockham just has 3 levels but they are thicker than those at HH? So we would expect 3 sets of testing?

TobleRone where did you get the 200+ bopd from Lidsey from I haven't seen that on an announcement?

I know they can go to Kimmeridge quite easily but I was wondering if they could be converted to horizontal wells?

I realise I'm getting a bit ahead of ourselves here but just wondering these other 2 wells at Brockham what level. Are they currently at?
Also if we can extend them into the kimmeridge would Angus look to make them horizontal wells like Balcombe or is that not possible? I realise this is a way in the future but just thinking if they could get nearer 3000 a well why wouldn't they.

I tend to agree mudeye. The BoD need to buy so shares themselves rather than having them handed to them as options. They might be a bit quicker to get over their own ego's and hire someone who knows what their doing, if they actually felt the pain of these share price drops.

I guess a lot will depend on what is wrong with the western wall. My understanding (not sure where I got this from) is that at the moment the pit isn't that deep, relatively speaking. So I'm wondering if the problem is in the ore body then can they effectively mine the problem out from above and process the resulting ore from this work, if they can't mine from the side. So effectively still mining while rectifying the issue.

Though this I guess would require striping. Ah well guess we'll find out eventually.

regarding the cash burn guess they haven't generated much this quarter with adding inventory, higher ASIC and lower gold price, so assume we're missing 20 million-ish. Anyone know how much a ball mill costs or a drilling campaign costs, I'm assuming both cost many millions?

At least supposedly there's no effect on the drill campaign so hopefully we can get mine life extended to 10 if not teens years. Here's desperately clutching at straws.

Possibly a stupid question but am I correct in thinking that if all goes well (pardon the pun) with the extended well test and we find the optimum flow for the well.
Would the well just then be left open after the 18 months as we have the production licence, or is there something that needs to happen after the EWT before it can be left in production for the next 20 years?

Loving the Twitter pictures, its amazing how fast this stuff goes together, like giant meccano.

They really have the weather for building down there as well nothing but clear blue skies it seems.

If only other companies could be as good at updating the investors on what they are up to and how they are progressing.

I'm expecting the production to good same as the last updates but I'm more interested in the drilling results and extensions to mine life.

Probably trying to think of a good excuse for blowing 2 million on BH.

Be nice to hear something from these guys, plans for future expansion etc not seen much lately.