Member Info for oilriches

Desperate lol. I can wait and see this through - 0.84 and I’m in profit so hardly desperate

http://www.allenbycapital.com/research/research-cluff_14_2228114097.pdf

Yes I was mike. There is a distressed seller around and happy to take lose stock at these levels. I think there is some something coming soon

J1osf - gas is here to stay. If it was not for Shell I wouldn’t look here twice. If the drill goes ahead next year, pretty sure I will be selling these at 3.5p plus to retail investors

Mike still happy to take u out if u wanna sell?

Major tom still holds here as he has been bang on here apart from the t/o price

Now we had the covid news this looks interesting again. I took the 7m trade and 1m earlier. Got a buy order for 15m at 0.8

You would be a fool selling at 0.8

Mike there was a 7.2m buy and a 4m buy earlier

We know 2 other aim companies are after Delt. If existing holders can hold out for 9 months pretty sure u will be selling at 3p +

Very possible but there is a whole market to pick from now

Come April next year things should start to happen here. In the interim there are so many other shares that offer better short term upside. The problem in current the environment is that there is no appetite for exploration but this won’t be forever. We will see where this bottoms but likely will be in the 0.7s

He is all green energy

Biden realism will set in that he is anti oil and the pandemic getting out of control globally. Likely see the oil price back at sub $35 a barrel. I would have thought 175 - 180 will be the bottom

I agree with exploration. The reason the well commitment date has been pushed back is to give shell flexibility if they need to continue to cut costs with the pandemic. Like I have said before this well is not a forgone conclusion

I agree with exploration. The reason the well commitment date has been pushed back is to give shell flexibility if they need to continue to cut costs with the pandemic. Like I have said before this well is not a forgone conclusion, otherwise they would have entered into the drilling commitment. With a big seller offloading and continued uncertainty I sold my last few million last week. Gl

To well decision

If it was no lose every man and his dog would be in here. If shell walked away the whole £12m will be used in G and A. Look at GBP - they had £15m cash 4 years ago and blew the lot on G and A.....They still have assets and liabilities and no farm out. Hopefully that don’t happen here but it’s certainly no no lose

Agree but not cheap if that well is not committed too

No question that this will fall in these markets....hold on !