Member Info for persimmon

I did tell you and others what would happen over the days following Consolidation did I not.
And was shouted down by all the Rampers.
Below is a blog to me from Monday

"Nutty persimmon's quiet today.
Strange that"

Looks like you came too quick, unlike you Heid !

LOL ****tyharry

NVG.....a person who announces himself to the world of blogs with CAPITALS.
A narcissist trait if ever there was one.

Question.....Is it then basically a continuous process industry working 24 hours seven days a week?

That is very true. If W.N turns out to be success it would dwarf anything like the Colter program, of that there is no doubt.
But if not, then only those unable to grasp reality will be around for any more 'delighted drills' .
In the words of the prophet West Newton is''**** or bust time'.

Mbudgen, very true.
Here is a part from the Colter drill which was all the excitement for investors at that time. We know how that turned out now don't we, a complete flop.
Note certain similarities from the RNS around that time 2 years ago.
Note the usual word 'delighted', delighted about a flop!! now where have we seen that before?

Sachin Oza, Co-CEO of Reabold, commented:
"We were delighted to make an oil discovery with the Colter well, and with the sidetrack effectively giving us two wells worth of data, the operator is now in a position to undertake the necessary work to determine the optimum forward plan.

"Surprise surprise" as Cilla used to say all those years ago.
Well not as far back as that and March 2019 only 2 years ago almost to the day the share price was exactly what it is today.
The princely sum of 0.6p.
"Surprise surprise" as Cilla used to say.
Some prices never change, but inflation makes them worse lol.

Not greedy, when it moves up to around a penny I will be selling I have my targets and usually stick to them. I'm not prepared to wait for a possible multi bagger for years and years, as the odds are stacked against that happening. That's why the are in the bracket of high risk. I believe the dynamic duo will milk this for many years whilst feathering their own nest. |If you think they are in it for private investors benefit then you are deluded.
Just my own strategy, and every one to their own

True Mbudgen, all we have to hope for then is that when the time comes the expected result has not already been 'priced in'.

Deermule....when you bowl bouncers at Jos Butler expect to go for six!

Rubey, you have just said 'Commerciality has already been proved'. Please tell me where as I must have missed it. Thank you.

Read into this what you will. Extract from latest presentation January 2021 Significantly De-Risked Upside Potential
West Newton
• B1-Z also de-risks additional prospectivity on the license beyond the West Newton field
• Numerous additional leads and prospects identified across the licence
• Additional work across licence expected following testing programme and drilling of B-2 well, including a seismic study

N.B Lots more work to come then Rubey, I would say many years before any finality.

Okay then Rubey, so are you saying then that the upcoming EWT will prove the Commerciality of the West Newton Project. You know the outcome will figure heavily on whether the share price will rocket or stall on this small result.
Yes or No?

RBD will rise. I'm up 50% @ 0.6p, but will wait for much more. However the multi bagger on proven not guessed at reserves are a long way off, and certainly not this year. Planning applications will take year/s after eventually going to the highest court in the land. All these considerations will be taken into account prior to the asset being bought.

Mbudgen.....No I didn't call it wrong, read my posts again carefully and not read into them what you think I said.

Morning Rubey......I'll say one thing for you, you are a glutton for punishment. Mind you there may be a massive dividend coming our way if West Newton is bought by a giant producer (once COMMERCIALISATION is proven)
The only drawback is, that if it comes we will have to be patient and wait many more years. Can those that are in 'balls deep' wait that long for a return?

NVG....UJO is only where it was at the end of January 40p is the equivalent of 0.2p. 200-1 Consolidation.

feelinglucky, I've been saying this for months now.
There will be no certainty regarding Commercialisation until more drills are undertaken. That will not be this year.

It was reported in November 2020 by the Times of London that Bethell is the Minister for NHS Test and Trace, a novelty formed as part of the Johnson ministry's efforts to control the coronavirus. He "was a surprise appointment in March having chaired Matt Han****'s leadership campaign in 2019 and giving [him] a £5,000 donation."[8] He opened himself to charges of "cronyism" published in The Guardian over his selection to an advisory role of lobbyists like George Pascoe-Watson, whose clients include the Boston Consulting Group "which has won several large government contracts during the pandemic

As the company buyers and sellers start attending their morning meetings I would expect the s p to pick up.

Banxy85.......I totally agree, this is one small tech company with a very strong future. Many of these smaller fly under the radar for their formative years before news leaks out into the wider world of their obvious potential.
Not often I post a buy recommendation but for here it's a buy.