Member Info for panman

Thanks for the flurry of posts all. Got a bit of catching up to do then, appreciated.

Nah. Just reflecting the level of market confidence in the co. to fulfil the drill.

Can't wait for the boys to prove them wrong. lol

Not heard rumours but quietly expecting them to pick more than a few up anyway after watching co. vids explaining their offering.

Agree re valuation so have taken a few today. Haven't done that since the market was all excited over the arbitrations. Isn't there another case being heard April time?

ATB to the holders,

Well yes agreed. Huge resource and they're beginning to prove they can monetize it imo. As posted before am waiting to see how much work they have to do to be valued at 10% of that resource value for a start . Guess they market's starting to price some of it in?

Evolution do appear to be the co. on the back foot re this battle. From Dec...

Turning Point in the Evolution Litigation: Black Cube’s Evidence Forces a Reassessment of the Narrative!

https://www.linkedin.com/pulse/turning-point-evolution-litigation-black-cubes-evidence-forces-rq4kf/

$40M for OPW1 not $50M and OPW1 and OPW2 give the consortium rights to 70%

B) Drilling and Testing of Required Earn-In Wells:

● First Well (OPW-1): The estimated cost to drill and test the first well is $40 million. This amount includes the aforementioned road and pad construction costs necessary to access the site.

● Second Well (OPW-6): The estimated cost to drill and test the second well is $20 million.

C) The Company has identified OPW-9 as the third location. While the drilling of this well is contingent on the results of the first two wells and available capital, the Company estimates the cost to drill OPW-9 would be comparable to that of the second well, approximately $20 million, subject to inflation and operational adjustments.

https://www.sec.gov/ix?doc=/Archives/edgar/data/2037431/000182912626000378/pelicanholdco_s4a.htm

Thats not a bad arrangement, not if another co. needs a road built too. Wonder who the co. is and what they're exploring for though?

Working form memory but didn't they agree $50M for the first drill then $20M for the 2nd giving them 70% of the play whether successful in drilling or not (they just had to reach 3,500M)

There's a 3rd drill planned as well depending on the first 2 which is costed at $20M and march are to pay 100% of those costs, not sure if they're getting an extra percentage of the play for doing so but would be very lax of March if they've agreed to do it for free imho.

Agreed, moving forwards. Good to see.

Never enjoy seeing a change of broker note with a co. that's said it will need to raise again.

Far too ominous.

Re drilling in jameson..

There have been drilling projects that have hinted a success down the line..

"3.8 Bitumen

Bitumen/oil stains were recovered from a fracture within igneous rocks at 55.4 m (Fig.

3.8.1), and in a porous belemnite at 105.25 m. Analysis of the bitumen from 55.4 m (GGU

511206) show a source of marine shale. The bitumen is lightly biodegraded and has a highly anoxic signature with abundant 28, 30-bisnorhopane. The overall signature is similar to

the most prolific source rock interval present in the main North Sea source rock, the Kimmeridge Clay and equivalents (Preliminary data Figs. 3.8.2–4). "

https://data.geus.dk/pure-pdf/GEUS-R_2008-80.pdf

Interesting re court battle..

Evolution and Black Cube both notch wins as lawsuit inches to trial...

https://next.io/news/casino/evolution-black-cube-notch-wins-lawsuit-inches-trial/

Haven't seen this one posted anywhere?

She seems both driven and focused. Fully approve.

https://www.youtube.com/watch?v=qS1gOzTHtmw

Think its good they've updated today given they intend a fuller update next week anyway. Can only be to calm the market imo. Nice to know they care.

Disruptive AI stocks may have a resurgence even in the UK soon. All over the US press that they're taking business from other sectors hence the tanking of the markets again today.

Thought the last update here fairly positive be good to get another soon with no's alongside imo.

https://www.cnbc.com/2026/02/11/stock-market-today-live-updates.html

IG won't allow new positions opened on this one. Any suggestions for brokers that trades this easily?

I thought it a good day here myself. Stock was hammered down into closing its rather large gap, then job done turned swiftly around making a gorgeous candle that closed top of gap.

Couldn't ask for more technically imo,

Just about closed its gap created Oct 16th and looking oversold so have had a few however have a feeling its positive newsflow needed for a turn rather than the technicals .

Nice move here yesterday Broke up through the 200dsma and held at the highs of the day. Promising for further gains imo.