Member Info for Pecten11

Richard, with respect, I never implied it was a deal breaker, or am attempting to scaremonger. Purely attempting to be a realistic investor, as these boards can run away with themselves at times.
Read my posting history if you doubt that

Richard the last paragraph is very true, however, this is still very high risk

Even when/if the ink dries on a deal with a major or two, there is still a lot of geological and political risk. A deal would just help to mitigate a lot of it

Zib, I also thought the oil was sold at port to BP ( at Brent minus $10) that's why I've personally been a little sceptical of the auction info

Ma5k, don't you think that scrutiny should be based on an analysis of the facts available, rather than opinion, or do you fall into the 'flat earth' mindset.

And if those facts aren't available, then be clear that it us purely an opinion that is being offered, rather than trying to give it more gravitas than it may deserve

So 1onic, do you accept that you don't know??

But choose to speculate regarding a company that you have no involvement in??

That is either very needy, or very shallow

Richard I agree with your post. The point I was making in reply to pophead, is we don't actually know as fact the size of those trainloads. MadP's calculations are extrapolating data from two discrete sources. They may indeed be connected and his calculations correct, but they are based on assumptions, rather than fact

In the end = in the RNS

I'm gonna have to turn the sodding autocorrect off - it even tried correcting that. Arggghhhh

Zib, you beat me to it, exactly my question- and no it's not in the end.

The only 'major' thing mentioned in the RNS is the size of the partners in negotiation . Plus, currently there is no proof of what the 2020 notes are secured against.

If, as someone who has admitted they are not currently invested in the equity markets feel the need to post, get your facts right first

Apologies pophead(not pothead !!)

Pothead, no we're not. As much as I like MadP's enthusiasm, we don't have any confirmation about the size of the trains or that the oil auctioned was ours. It's seperate pieces of information which may be linked, but proof, no

Actually an unwanted auto correct. Judging by your alternatives, I think you still understood the context

You are entitled to your opinions but why try and impose them on others

Yet you still feel the need for your occasional intersections. Craving attention by any chance?
Or just trying to ignore that your charting skills didn't do you any favours with your KEFI buy?

Agree everybody should regularly 're evaluate their risk (especially in relation to the related stress) so applaud you for doing so - and saying so out of hours so to speak.

It is hard to leave totally, knowing be doing so you may miss the chance of tasting ambrosia though(and i dont mean the rice pudding!)

1onic, would you care to take back your post of 6th Oct now that the discussions with the major industry partners has been reiterated in a second Nomad approved RNS??
'CF, heard it all before re majors, super majors, dooper pooper majors. They lie and we must be merciful'

Or are you just trying to stir the pot at the expense of others?

Hottrader, did you just imply that 'YOUR' two 20 year old girls would join you in the love shack.

You are a very sick man

Arsenal, don't just hit reply- it's gives their subject title more air time.

Change the game.

I reckon we have an outbreak today, cos their desperate we don't finish above the charted channel at the end of the week, which would indicate the change of direction is going to be maintained

My, good post, but even better a positive post title.

Don't give the vacuous air time by replying to their misleading titles. Change the game

Zib, the question is what has Outriders debt been secured against, cos it's not shares?

From 29th Dec 2016 RNS 'The New Notes, which are not convertible into ordinary shares of the Company, are secured and, in aggregate, have a face value of $30,063,276'

Do you have any other tactics?. Seen it all before ad infinitum, especially from you.

Go forth

Sorry to hear that schmoops, my sympathies.

Thing is, the already advanced justification for any type of fundraise i.e. raising sum x, to create an increase in value of multiple x is the right thing to do, rather than giving away value