Member Info for Odins

What always tickles me is the shortsightedness of the swampy.

They rely on electricity to power their homes, their internet and every other device they own. Devices that they would simply die without.

Wait until the rolling blackouts start and they will be the first screaming that nothing they own works.

Go on, I'll bite.

The SP could realistically hit 0.10p with the helo and rig contracts, the financing and environmental permits all in place.

It could also do 10 bags from here once drilled and the EWT proves commercial flow rates can be achieved.

All of these are very big IFs though and no, I don't see this being drilled in H1, purely because none of the above are as yet announced as in place.

Go' morgen Simon,

As we said previously. CS earnings will keeps the lights on, where WN is the main event. News on Daybreak would be nice too.

Owing to no further TR1 update regarding Rohan Oza, it is probably safe to assume that he has already filled his boots, or is awaiting the SP drop to top up cheaper. As Itsawrap mentioned the other day, UJO and RBD will have to move very quickly indeed if they are to beat any objections from the local NIMBYs in getting the well stimulated and the kit offsite before the moaning Minnies can get their lawyers to lodge an objection with the home office.

Things could get interesting instantly if and when that permit drops.

Morning Simon.

Yes, I read the RNS on the real LSE website.

Looks positive in terms of progress, although there are an awful lot of ifs in there.

Hi Itsa,

That would take a level of organisation which, as you rightly point out S&S have not really mastered as yet.

Say it were to be organised well in advance, with propant squeeze kit on site, say Thursday afternoon before Easter. Works complete and off site by Monday night.

It would take the contacts and drive of say, a multimillionaire entrepreneur for example.

Just throwing it out there.

Hi Itsa! Hope you're well

You have been here yonks like me and you will most likely recall that WN was initially an oil play.

As oil fell out of fashion, a gas play was then suggested, (following core samples) but the well bore would need a good wash down and a propant squeeze to get the gas flowing at commercial rates. ..After the wrong drilling mud was used.

Now, considering you don't need a ton of barG to run a data centre. This could well play out to be a very smart move.

If oil and condensate happen to be a by product of the gas extraction, then RBD & UJO have played a blinder.

They get what they wanted all along. Just in a round about fashion.

Rohan Oza is not invested in a tiny company like RBD for the fun of it. Something is in the offing.

In those circumstances, would you not say that a 21% uplift in SP may imply that there is news, but it has yet to be released to us mere PIs?

Anyone else get the feeling the SP is being walked down to let in a mate at mates rates?

I made a ton of profit on the AIM market thanks to Liz Truss.

Look at the August 2022 spike on RBD, UJO and ANGS. Sold on the Friday, everything tanked on the Monday following.

Thanks Liz!

Remember that Labour stint from 1997 - 2010?

We're still paying for that in every conceivable way.

For what purpose?

We buy our north sea gas from Norway, which is then sent to Holland, via England and then sold back to us at an elevated price.

Make it make sense!

I think what is about to go down in the strait of Hormuz will focus the government's mind about national energy security.

Oh, great.

So there's still hope then.

Would be nice. Considering news was due before the end of December.

Even if it is just AB letting us know he is still alive and the project is still proceeding.

You're trading personal insults over a share which is currently suspended.

Exactly what are you hoping to change?

A few chunky buys showing after hours.

Let's hope so OTM. It would be nice to get my original investment back.

I'm actually insane and make no secret of it.

Go' morgen igen Simon.

Considering two months ago the SP was trading at cash value and now looks to be about halfway there in terms of cash and assets value, it would be interesting to see what that DBRM award will do to the SP.

We are now only one positive RNS away from the SP going berserk.

Watch for that 07:00 little red RNS dot and then hold on tight.