Member Info for persimmon

DIGTI (Thuvision) was up 5.83% yesterday on NASDQ on a buy of 10,000 shares. Trading at just over 0.38$. More transparency in the U.S than on the 'smoke and mirrors' of AIM.

What's the betting that this will open up tomorrow (Thursday morning)?

If CF is now fully out I would expect the S.P to regain most of the recent lost ground, and possibly be around 0.8 - 0.85p by Easter. OMO as always...don't shoot the messenger !

To misquote Winston Churchill; "Never in the field of oil exploration blogs has so much rubbish been written, by so few".

Where is Chris when his followers need him?

...........could be 7p by June.

Back to the days of 'flipping' the shares again now I see.

trytryandagain........at last someone who understands the difference between turnover and profit. Some just see the turnover and think it is all for the pocket, if only!

boblondon.......'when in a hole stop digging'

"Among the first to shut off the spigots would be U.S onshore production from the trickle of crude emanating from aging, so-called stripper wells. Wood Mackenzie estimates there’s about a million barrels per day coming from a collection of older wells that produce only a few barrels a day. The cost of keeping them going varies between $20 and $50 a barrel. So if the price of crude drops below $40 a barrel, some producers may decide to stop pumping".

Oil and Gas Drilling Profit Margin
As of January 2015, the average net profit margin for the oil and gas drilling industry is 6.1%. The industry average takes into account the profit margins of a number of large-, mid- and small-cap companies.

boblondon...'food for thought'!!!!

boblondon
"so let us assume excluding costs we are making $30-40 pet barrel"

Are you taking the pi**. There is no way $30-40 per barrel will be achieved. that is unless the price of oil goes up five fold. Have you ever run a business? rhetorical question...of course not. Try taking this as a business plan to the bank to get a loan; they would laugh at you. Please, if you do have to ramp at least base it on sensible and realistic projections. This latest one could not be achieved on the back of a stamp let alone a 'fag packet'.

Chris not what was required. We do need more than one of those remaining to 'strike gold' though in my humble opinion, for us to make any serious money. I would have thought 9 months ago we would now be above 1p.

I notice Chris and Simon are keeping their heads down. Chief rampers now in hiding?

francobett...ok I get the message, I'll leave here now for a while and let all you back slappers keep on congratulating yourselves on how deluded it is possible to be.

Californian oil, check the facts Jay_85, it's heavy oil!

I see the facts I just posted about heavy oil in Monterey has been taken down. Well do your own research, it's all there on US websites if you care to look, or you can ignore fats (but they won't go away).

I entered at a price of 0.59p as all those who have been on here for the last year knows. ECO warrior Lol if only you knew. Please do filter me and keep your head in the sand if it makes you feel better. I gave all on here a good tip a while ago and it is now 300% up. I even had someone like you who used to denigrate me having the decency to thank me.

HEAVY OIL RESERVES UNITED STATES (extract from)
Table 4 Summary of oil deposits in California
Field Reservoir County
Monroe Swell Beedy Monterey
Monroe Swell Doud Monterey

A bit of research goes a long way, and a lot of research goes even further!

dan....Yes agree, but what it does mean is that the odds against have lengthened (in bookies parlance).