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Presumably, if Covalis is still executing a large sell order, the rules allow that entity not to disclose until completed.
Why so, Bline?
Is there a date set for it?
Now, is this a Chinese "very experienced downstream SPG producer", or POSCO?
I still can't quite get my head round how the DFC would react if a Chinese outfit was the JV partner for a Ugandan SPG grade production facility.
Is there a new X posting by Mike today?
Eh? You've been here for many years, yet you think that drilling success will just keep the sp where it is now?
You really are a glutton for punishment. Or have a warped sense of investment risk and reward.
How absolutely spiffing.
Will CM be another delayed part of the story, given that cash flow back in the Jan operations update was expected to flow through in H2 after work overs get started in Q2, thereby funding MOU-5 drilling?
You ramping t w a t.
The seller just crossed down below the 5% level. That's all. Plenty more to sell if they so choose.
Seconded.
Thebold,
If this bb was nothing more than an echo chamber for bullish, pro-company points of view, there would cease to be any value added by anyone posting personal opinions, no matter how qualified to comment.
I welcome discussion that challenges the prevailing bullish sentiment embedded in each of these BBs. Char isn't a lone figure in this regard. And I welcome Jimmy's willingness to explain, in a polite and non-combative way, with anyone who has doubts in any area of the story.
With greater understanding comes a greater conviction to hold a meaningful position relative to one's total portfolio wealth.
....but that's not what PG said, in his infamous Sunday Roast interview back when. He clearly stated that flow testing is for PI consumption. Resource delineation is what buyers are seeking. ...for that end of last Summer corporate sale.
Thanks for that, Jimmy.
To get towards your 1Tcf target, does gas need to be confirmed at both well locations, indicating continuity between the two prospects?
And is there any potential problem about well formation damage such as Prd encountered at MOU-2?
Dbh, you're the ****, I'm afraid. Please check the handles again. I've never been anywhere near matd. Ever .
Aha. Well observed!
I am a shareholder here as of this week, again. I think the timing is just about right, but I never get the lowest prices.
Good afternoon Jimmy.
I've just listened to the March Loukos Pre-Drill webcast. Very succinctly delivered by Duncan Wallace.
Regarding the Loukos acreage, some troublemaker over on the other bb has suggested that this is a "SDX cast-off", rather disparagingly. I am assuming that SDX did let this go, but can you confirm that, and why didn't SDX make a success of it, if indeed this is a low-risk play, as Duncan (and you) suggest?
As well, I know you have made mention of a possible 1Tcf resource potential at Loukos, with drilling success at the deeper sands. But CHAR make mention in the webcast of just 100Bcf+ (page 8), and this being a longer term opportunity. So I'm thinking this will not get drilled in the 2-well drilling program this Summer. Am I right in assuming that? And why the 100Bcf-1Tcf difference?
ATB.
Cj62,
With respect, go and read up on FDA Clinical Trial phases and what each phase is meant to verify.
Doh.
Politicians rarely keep their word....
I don't get it. SENX is seriously cash short if it wants to deliver any sort of incremental growth in either Romania or Tunisia, even forgetting about its Angola exploration opportunity.
Sounds like we need confirmation of a sustainable recovery with Q2 metrics reaching all time record levels. Just reaching previous peak levels again isn't enough to convince Mr Market.