Member Info for Phil7390

If you had taken the trouble to read the planning application there are plans for three gas to electricity units at HH. It's not going to be a huge money spinner but at least cuts the overhead for the site.

Cheryl can go into the bin based that degree of blind ignorance.

Making a lot of assumptions there. Maybe they are "draining the same pool", but at the same rates? KL3 and KL4 may have different porosities.

No Pingo, the planning application was for 6 production wells.

"Details of the appearance of the development are contained in Appendix EDP 1. Full planning permission is being sought from SCC, for retention of an existing well site and vehicular access onto Horse Hill to accommodate the drilling of four new hydrocarbon wells (adding to the two existing wells on-site), one produced water reinjection well and the subsequent installation of six surface mounted pumps (one pump per oil producing well)".

I know there were a lot of documents in the planning application, but it does help if you have read at least the main ones.

I think many would take an offer of 4p at the moment just to get out. Not me, but I would have to think seriously about 10p. That would do me.

Legalease - absolutely.

Revealed: How shadowy doom-mongers wiped £2.7 BILLION off shares.

... and now short-selling investors who profit from failure predict a bumper 2019.

Article in the Mail on Sunday.

Boatman Capital short-sold Babcock and wiped £806m off their shares
Viceroy Research (Fraser Perring) short-sold RPC and wiped £386m off their shares
Muddy Waters (Carson Block)/Shadowfall (Matthew Earl) short-sold IQE and wiped £372m off their shares
Shadowfall (Matthew Earl) short-sold First Derivatives and wiped £499m off their (AIM) shares
Viceroy Research (Fraser Perring) short-sold Jackpotjoy and wiped £199m off their shares
Kuvari Partners (Vikram Kumar) short-sold Kier Group and wiped £503m off their shares

Often these influential figures will issue warnings about companies having taken a short position, and effectively transfer shareholders money into their own pockets. They hide behind supposedly altruistic claims of exposing wrong doings and clever accounting, and profit from the chaos that ensues.

This is a practice that should be eliminated from all stock markets. No-one should be able to profit from the misfortunes of companies, most especially those who seem to make it their business to create those misfortunes for their own benefit.

Note also that Shadowfall/Matthew Earl/"The Dark Destroyer" is shorting First Derivatives on AIM. The market that can't be shorted, eh Seadoc?

41 years of failure?

2nd ref has been decried by those on both sides, so your "they would lose" makes as much sense as most remainer arguments.

NONE.

You lost, get your mind right Luke.

The planning application is for Horse Hill. The Kimm is a large connected layer of huge extent, and any flow rates proved here are likely to be repeatable elsewhere. My bet would be a massive planning application for another site based on the KL3/4 flow rates tested here. It doesn't matter where it's extracted from as long as it comes out.

Or DHC as in Win/Win. He does seem to get under the skin of the deramping trolls, and there are loads of those coming out of the woodwork this morning to do their bit of character assassination.

EWT will continue through to production planned Q3. Could be 6 months before results are released. Results = testing complete = no more oil until production license. Be careful what you wish for. I'm happy to see tankers roll.

I remember KC wasn't interested in Zinnwald, I expect he had good reason for that. I have shares in Bacanora as well and have nothing at all against the SP there rising, I just can't see Bacanora at Zinnwald being ready in time for VW, any more than they were ready in time for Tesla.

I think BCN has moved up today on this news on the basis that VW are more likely to buy from Zinnwald in Germany. I'd wonder however if BCN are as advanced with their processing as EMH.

I'm perfectly happy with a planned and organic growth, with managed resources being moved from site to site as required and when revenues from previous wells are covering ongoing costs. It's a company being properly managed and growing at a sustainable pace.

For those not familiar with company growth, one of the main danger points is growing too rapidly and creating cash flow issues.

and yet those with no investment in the company continue to post day in day out. Why, when their comments won't make a difference?

Because they do make a difference. AIM stocks are highly sentiment driven, and a glut, a deluge of negative sentiment is designed to, and does, prompt the many who invested on positive sentiment without really understanding and believing in their research (or even doing any) to jump ship as too risky an investment. Rainbow chasers.

That's why it's done, and it is orchestrated and often done by tag teams of paid posters. They're not hard to spot when you have been around a while. Names change sometimes, but posting styles remain constant.

DHC, it works off counting words. BOOM! That's me further up the list. Lamborghini. Golden tickets. Gusher. It is complete tosh. Still, I'm Top 40, so BOOM! indeed.

In today's world that would be an eminently sensible insurance policy. Pipeline disruption is an all too real prospect.

I'm not sure why you would continue to transport by tanker if a pipeline was to be brought on line. What is the reasoning there?

I have copies of my portfolio position from close to the max SP; on 30/03/17 I was 774.21% @ 73.00p, 18/04/17 I was showing 786.18% gain @ 74.00p, with the SP already on it's way down. 19/04/17 654.45% @ 63.00p, 24/04/18 570.62 @ 56.00p. Obviously the SP maxed somewhere in the middle of that at at 82p on 10/04/17. At that point I would have been 882% up.

I have bought and sold, unsuccessfully, in the meanwhile, and now have a little over half what I had, and have managed in the process to bring my average from 8.35p to 13.80p. If I had just stayed with my original investment I would still be almost 100% up, but I have felt compelled to "cut my losses" at one point, and been tempted to buy back in on optimisim after the slight rally in Dec.

As you say, trades that didn't work out!

Well that's one view. Not universally accepted, obviously. In the meanwhile it won't hurt for the UK to gain some autonomy on O&G reserves.