Member Info for pawnsacrifice

Me too. Can see they've had a lot of issues with 16az that's been obvious for a while but if it helps with drilling going forward they may still come good down the line.
Don't think Haywood should remain though. No point having a CEO who shouts from the rooftops when things are going well then runs and hides once things get tough.

The same people who scream and shout for "news" and call for PH to be sacked are the very same people who will be calling for him to be given a knighthood as soon as there is a decent RNS

LOL Don't you just hate it when someone has your number?

Then Paul may I please request that the "appropriate action" is an RNS declaring 16az is flowing well and that the Q and A's are up on the website as promised. No scotch that last bit just the flow will do.

I've never met anyone that denies the climate changes.
I have met plenty of global warming loons who constantly have to move the goalposts on whats happening globally to continue their diatribe though but haven't we all.
Think its a shame myself. if we weren't wasting all our time worrying about the plant growth enhancer CO2 we'd have had more time to deal with real issues such as the plastics in the ocean.
Just hope its not too late before we do.

Actually agree with the author that most eyes would just glaze over and it be seen as nitpicking but its important to get this right imho.
If the protestors would stop trying to blame Cuadrilla for earthquakes when they're not fracking and concentrate on legislation to protect from deep water injection damage i'd be on their side...

"The wastewater is pumped into separate underground disposal wells, which go far deeper than the fracked well. And it’s this injection of wastewater deep underground that seismologists say is inducing earthquakes.
This all might seem like picking at nits — after all, fracking is what made Oklahoma’s shale-oil boom viable. Reports have noted that the rise in quakes tracks the increase in waste produced since a wave of fracked wells began operating in the state. Recent data show that fracking accounts for about half of U.S. oil production.
But USGS has been at pains to correct the fracking misconception.
“We want to get the story straight of how this process works,” said Robert Williams, geophysicist for USGS"

interesting ronald but be careful not to appear disingenuous on this one.
The quote you proffered cam from a 2016 article stating fracking wan't the issue water re injection once the wells were flowing was..
https://www.marketwatch.com/story/oil-has-made-this-state-the-man-made-earthquake-capital-of-the-world-2016-03-15

You do have to read the whole thing mind to get that.

Fri 9 Aug 2019 09.12 BST Last modified on Fri 9 Aug 2019 15.00 BST
Cornwall quivers from magnitude-2.2 earthquake
Tremor rocks area near Falmouth, described as ‘a loud bang from beneath’ that shook windows
An earthquake has shaken Cornwall, with some describing the seismic event as like a “sonic boom” or a “loud bang from beneath”.

The British Geological Survey said a tremor with a magnitude of 2.2 rocked an area about three miles (5km) south-west of Falmouth at around 6pm on Thursday.

In a series of tweets, the BGS highlighted that one member of the public reported the earthquake as a “loud bang from beneath” and that the “windows shook”.

Shortly after the quake struck, those who felt the earth move tweeted their surprise.

Nick de Larrinaga wrote: “Down in West Cornwall and seems we just had an earthquake! Either that or a sonic boom/explosion of some kind.”

And Steve32 posted: “What the hell was that! The whole house shook!”

According to the BGS there are 15 earthquakes in the UK every year.

Trouble is they weren't fracking and the earthquake happened so if they walk away (cuadrilla) and the earthquakes continue then they can come back after the next one and rightfully claim that this proves the quakes aren't down to them.
That may not be enough for the climate loons but it will be more than enough for Boris to say "ok go ahead then," imo.

Christmas divi for the shareholders of course. Obvious innit?

I'm not sure "well done the traders" is so accurate. Stocks only moved a few percent on the news the pulled back locking most in.
If the story's as good as the bulls hope then locked in "for the journey" is ok by me. Happy waiting here. Could have been forced into a bit of patience in much worse investments than this one.

If I'm putting the decimal point in the right place then I'm getting 10.7m profit/year divided by the 404m shares giving 2.6p profit per share per year?
If so rather undervalued?

Gives them £10.7m UK Pounds profit/year then. Nice work if you can get it. lol

Thats not many shares at all for a co with shares under a penny imho.
Very pleasing update again, like others looking forward to fair value being achieved but enjoying the journey here all the same.

Perhaps they could sell some to Tyson and his mates. Apparently they smoke $40k/months worths.

To be fair to those posters though it is also true those were the days we all still believed the well was coming back online at 700BOPD minimum.
It was a time of not understanding the drop with the expected "good news" to come imh and didn't take Pauls exaggerations/overexuberance into acct.

Thanks for the chris brown link. Found it comforting that after all the tech talk he's hoping results at 38 will be along similar lines to 16.
Makes me think that although they won't be producing at the levels initially thought it won't be too disappointing (re current pi's ever lowering expectations) either.

So back to 17p lol

Starting to feel cheap again now even with the negative sentiment . I make the marketcap justunder £30m at this 7.50p mark?
Had a small trade so would really appreciate Paul stepping up to the plate with higher flow figs soon.

Interesting RNS. Good to see theu have a choice of rigs after all.
Most noteworthy for me was them winning the case against SMP. If they cave in Paris as well now then thats an additional $5m in the bag to bolster the balance sheet which can't be bad at all.

"at"