Member Info for PDMSPiper

There was no misunderstanding on my part. Perhaps I should have said...The 2nd phase of Colter will be drilled from Wytch Farm. Hey ho. But it will undoubtedly go ahead as long as there is a decent enough discovery. Central Gov will see to that. Council planners love to throw their weight around, we all know that, and they don't like to admit their impotency but in this case they will be. Central Gov overruled Fylde Council to grant Quadrilla fracking permission in Poulton. Brand new installation too. Council planners just brushed aside. That is now Gov policy going forward.

The planning decisions will be made by central Gov as they have up North at Poulton with Quadrillas fracking consents. I suggest you take a look at what happened up there. Anyway, you can tell me I'm wrong if it doesn't happen but it will. Admittedly, I have not spent my career in a planning office. I'm an offshore engineering designer, piping and topsides. Most of my offshore career spent off North West shelf of Australia/ Timor Sea / North Sea for BP/Amec/Wood Group/WorleyParsons/Apache Energy. Most recently offshore in 2016 for BP on Claire in North Sea. Now retired and enjoying the good life in Spain. I'll get back to you when I need to know anything about planning.

If Ricfle is the all seeing superstar that you claim he is then why is he totally ignorant of offshore regulatory procedure re the OGA and why did he not even know who Gaelic was? That indicates to me that he obviously does not have the most preliminary of oil and gas industry knowledge and furthermore has not researched RBD. All he has done is throw out silly "what if the sky falls in" scenarios and arrogantly try to take the p155 out of any poster who tried to answer his stupid questions and help him. Why should anybody listen to this chancer?

1988-1990 is not 2018 buddy. Times have changed. Bournemouth Council will be totally impotent in the matter of the Colter drill. They can jump up and down to appease their pearl clutching voters but it won't make any difference. The Colter Drill will go ahead from Wytch Farm and the council will be a bit player in the background. Welcome to 2018.

I any case the council still will not be able to stop the land based drill of Colter later because 1.) It will be done from Wytch Farm, an existing installation. 2.) The Government have a policy of over riding Nimby local authorities where essential work for energy assets is concerned. Just like they have with Quadrilla in Poulton. The gov knows they have to keep the lights on. Bournemouth Council is totally impotent in the matter of Coulter. They have no say whatsoever.

Ricfle was not talking about the later proposal of drilling from land. He was trying to be smart shooting down another poster about the rig and stupidly exposed his ignorance again. He won't even know about the later phases of the Colter proposal. Guaranteed. He isn't researched that far.

Not only does he have no idea of offshore regulatory procedure but he also has no idea who Gaelic is, or didn't until somebody told him yesterday. Even so he claims to have "been invested for a considerable time". Ha ha. Then he has the temerity to accuse others on the board of being disingenuous with their posts. The guy is a liar and a chancer. As I said, not worth the time of day. Total bulls hit artist.

Biurnemouty Council? Really? Bournemouth Council have no jurisdiction over what happens offshore. All the licensing and approval for offshore drilling, exploration and production activity is in the remit of the OGA. For all of you who are obviously new to the industry here is the link for a bit of research. https://www.ogauthority.co.uk/

And when he isn't getting any attention he will get bored and go back to HUR, where he is also universally despised, and annoy them lot again. The bloke has no intention of investing, that's clear. He's here to cause mischief and disruption. No point trying to provide the information that these clowns say they want because that isn't actually what they want. Many of them are involved with Sh are pro phets or similar groups and they work together to try to discredit a company and spread negativity to dissuade others from investing. No point discussing anything with them. You will not get anywhere. Nothing will be good enough. It never is. Just disengage or watch the BB just be dominated and ruined by these idiots. They have lots of time on their hands. Do not reply to or perpetuate their threads. Just disengage.

....when the trolls like Pricfle arrive. Obviously missed the boat or ignored the potential and now wants to load up lower. Good luck with that. I can't see the ask dropping below .90 here for the foreseeable future. Too much news due to trigger selling and too much positive sentiment around the share currently. Ignoring the mischievous attention seekers is the best policy. If they don't want to do their own research let them short it. Get on with it.

Do your own research instead of asking silly questions and if you like it buy it or long it and if you don't like it move on or short it. I'm long and holding shares and happy. Fully researched and confident of success. Success will be a factor of decisions made by Sachin and Stephen in the office and events on the ground. Bickering on this BB won't change that. I choose not to engage with trolls here just to receive attention. That's what they want.

It will be a very large portions of chips one morning in the very near future. The company have £9Million to spend on another under funded near term production asset. The next investment must be very close now. Sachin and Steven have said clearly that they have identified a number of assets that fit the criteria. Trading the intraday swings on this for a few buttons with all the drill and spud news coming will undoubtedly be short term profitable. Personally I am terrified to sell any in case I miss out on a massive announcement and rerate. We all know it's coming. IMHO holding for the longer term is the best strategy here. Great BOD aligned with shareholders and respected in the City, £9Mill in bank, simple but effective strategy. It's a cliche but true: Wouldn't want to be out of it currently. A very safe hold.

1.2 - 1.3p to be hit by the time of the first spud this week

Spudding of the first well of 6 between now and Christmas. Very exciting and z great time to buy in. I've been loading up and holding since last year but my average is still not much lower than new investors can buy at now. I'm at around 0.8. It's a great time to buy in here now with the 6 well program, across 3 significant investments made by the company, spudding in the next 2 weeks. RBD is still very much under the radar. But for how long.

Mug, I'm with HL too but the value of my holding has vanished from my PF with a caveat note that a value cannot currently be attributed to the holding. They are most probably working through clients gradually and you are higher up the pecking order than me. Hopefully we'll get a better idea of direction next week.

No idea Aubree. I'm in no rush. I'd be happier with a suspension until acquisition news.

*.....News on asset acquisition early next week hopefully.

Applegarth why are you unsure? Why are you saying it looks like a 50:1. All who are invested have known about the consolidation and the ratio of it for days. I received an email from HL on Wednesday informing me exactly what was happening and the timeline. You are obviously not invested or else you would know exactly what was happening and not be embarrassing yourself with this idiocy. We know it's 50:1 and have known for days. That's why the sp was held at 0.02. The new shares will open at 1p. Today is their first day of trading. Personally I would be happy for trading to be unavailable today as I wanted a suspension anyway so this suits me and I think that far from it being a shambles it has been orchestrated. News early be

Can't trade on HL. Fact sheet not available. Price and holding not yet changed. Chilled as am holding for news so not an issue for me.

For clarity, a "substantial" PI holding in my opinion is anything that would be substantially life changing either way, in case of success or failure. That is, an investment in the Hundreds of £K's is what I term as "substantial" for a PI. That is the confidence I have in this BOD, their strategy and business plan. Substantial.