Member Info for oilboy2001

When you think about the future plans it's entirely possibly the loss is due to capital investment for drill program etc. It makes sense. People have missed this I feel.

Yes. No surprises really. Solid foundations laid for the next 6-12 months which will be game changing.

Seriously? This is one of the least leaky on AIM. If there was a leak you'd see a bit of volume.

people ****ting the bed here now

Sorry - you are correct. Nonetheless the point is still valid.

At begining of August PXEN said should hear in a few weeks. It's now the second week in November and heard nothing. Bad news due to delay?

Prospex is committing significant funds (£3.51 million for 2024 and an estimated £4.84 million for 2025/2026) to the development program. While there is a payback mechanism, this still represents a considerable financial outlay. Delays or issues in the Viura field's development like drilling complications or lower-than-expected production rates, could impact expected returns. Additionally, while gas prices are currently favourable, they are subject to change.

70k isn't much to be fair.

Looking into this more I think they have options above the SP.

That should be an incentive to get the SP out the doldrums and is possibly why MR chooses not to buy any more?

What's the deal with the water in the other well and how likely is it to impact the latest drill?

Is this Heyco way of derisking the drill?

Why don't they ask MR to buy some?? He has hardly any holding. Cheap skate

When did you get offered K3VMC

Can I get the placing shares with interactive investor?

I think problem is permits are likely Q1 2025 imo.

It's starting to feel like a can that's been kicked down the road for the past 6 months or more.

Perhaps people are getting bored. Worth the wait imo.

I wonder who is behind this charade.

Sold off and shorted at the same time.

Dropping soon perhaps considering todays action?

I thought the 4 wells were 500k to drill each so £2M?

Some have been beating the drum for a long time here and seems rightly so.

Been a long and hard hold at times but this is only going UP!

Stiffy I am coming to this conclusion as well. The resource and assets are great but the costs are way over the top. I think it's likely there will be dilution as well. The directors are just taking the cream off the top and doing sweet FA. They don't even bother doing any PR. MR does interviews from his home office between rounds of golf.

Looks like the perma bulls are back in their box

Haha. You are a strange man Johnny Swazers. Get a few more of these predictions correct and you might manage to cover some of your losses over at PHE my friend.