Member Info for offtheball

I'm sure HER or OMI boards are missing one of their residents. Don't think anyone here will stop you making your return. You've bored me.

Shut the door on the way out !

Star, What do you mean by the 250k spare each month ? You've lost me.

We are paying $3,180,000 to cover the $2,891,000 debt ( 10% ). YA also got 10,000,000 shares at market price for agreeing to these terms. That's my understanding of the transaction.

This all looks and sounds great basing the evaluations on JV / Farm in or the buy out of block 12. Completely within the realm of possibility though is majors interest diminishing ( Could be as simple as can't agree terms ), The elusive ewt's not being what they should or have dropped off.
What happens then, Or are we completely excluding that this could happen ? At the moment frr is generating enough revenue to clear a £2.8 million debt which will take until June / July 2019 to pay off. Even if the ewt results are around 750 barrels a day and we have niko-1 producing too by Feb 2019, Where and how do we finance the $30,063,276 debt redeemable in August 2020 ? Are we really going to be attractive for finance to continue into field development without Dilution / Placing ? I don't think so, A deal is absolutely vital for success as the future of the dream is hanging on a thread the way I read it. Before i get bombarded, This isn't deramping.I'm also too in the red to sell. It's simply highlighting the worst case possibility other than the ' get in whilst you can, we are going to be millionaires ' I as much as anyone else think the company and us shareholders deserve reward here but the only way I can see it happening is if a deal of some sorts is agreed. Over to you Zaza. GLA

Do you honestly think that if the majors interest diminishes for any reason, We will continue into Field Development without dilution ?

day today, buys, sells and chat :(

I'm in the same position stesaxman, I most definately won't be buying anymore. This will either make or break me, I'm hopeful it's not the latter. I stupidly looked through the rns's from 2009 -2014 last night and the information contained within and what has actually come to any fruition would give Enid Blyton a run for the story telling accolade. We just need to keep everything crossed that this is our time and the reported interest from majors doesn't dwindle away for any reason. We will be back in the 0.1's if that news breaks with no updates on ewts, Niko 1 or a 2019 plan of action. I get a feeling everything rides on a deal, Question is can they see it through ? I'm under no illusions that this is a done deal like some although I sincerely hope so. GLA.

We are all on a blindfolded magical mystery tour, I really wish it would come to an end one way or another.....

I've absolutely no idea why people doubt we can do the same here.

the richard heads are appearing from ?

two trades today ?

2018-09-10 16:35:11 0.39 14,000 0.35 0.37 Buy 55 UT

2018-09-10 14:00:20 0.39 60,000 0.35 0.36 Buy 234 UT

That's where we are unfortunately dirk, Delay cream tactics. Just about to spew the motherload, Then another long wait......

Whilst the ramping is out of control, We also need to be prepared to be aboard the titanic rainbow rider !

It's monday ffs, We don't need depressing news like that....

It's always the week after applegarth, At least nothings changed :-)

Are you suggesting that nda's that have been in place for the last year or so with several majors has finally been reported to the market this week as a way to boost the sp because flow rates are not ready, Not what was expected or need more time to complete John ? I really can't see that being the case. Whilst the bizarre ramping estimates being thrown around by some are wishful thinking, Something must have happened fairly recently to allow that rns to have been released ? I think you are a bit too far on the negative side with that mind set.

Don't get much of a window to look in here whilst at graft, Any chance we could stop the relentless posts regarding the sp movements lol ? It would be much appreciated :-)

An NDA protects non public information. Not a chance any joe bloggs are privy to a look around the data room without having an NDA in place beforehand.

Not a bloody chance anyone is getting that information without an NDA being in place first.

That can't be right. Gives me something to research tonight though !

If EWT results of around 750 bopd were posted as fact on Monday, I don't believe for one second we would be hovering around at 0.35 - 0.40p shedulike.