Member Info for Phoebus

Yep, the result of the much anticipated Velkerri 76 S-21 well spudded four weeks ago targeting the Velkerri liquid rich play on the SE flank. Shouldn't be long until find out how much oil/condensate is down there. SP should have been moving higher ahead of this drill result regardless of last week's spectacular news, but with the center of Beetaloo now looking likely to be commercial there should be much greater anticipation of this next well result.

I also suspect that we may get upgraded resource figures for the Velkerri B shale increasing our 2C resources thanks to a higher recovery factor due to the recent test significantly beating expectations. We should also hear the forward plan for Kyalla 117.

'To be acquiring new 3D seismic so quickly after announcing our transformational Farm Out with Cairn is another very positive development ...'

You can say that again. I have a feeling this stock is going to seriously surprise a lot of folks over the next 6-18 months.

'To be acquiring new 3D seismic so quickly after announcing our transformational Farm Out with Cairn is another very positive development ...'

You can say that again. I have a feeling this stock is going to seriously surprise a lot of folks over the next 6-18 months.

This stock has had plenty of large rallies over the years too. 5p to 30p in 2017 no less. Operationally I doubt it's ever been in such a good position and with a very supportive licence partner and government. I can think of many that have been completely obliterated. Timing as always is key with investing and given that to the best of my knowledge this is the first time FOG's massive Beetaloo acreage has shown strong indications of being commercial, now looks like the perfect time to be invested. Stale bulls are often the last to come round when a company has a sudden change of fortunes. This is understandable and is also often a good sign it's time to invest. GLA however long you've been invested.

Agreed. I couldn't believe it when I first looked at the figures a few months back.

That was a single click. I promise.

No problem at all MC, though you are correct, I am a little touchy today as a few other investments have retraced quite strongly this week despite excellent developments and strong fundamentals. Investing can be a bumpy ride waiting for value to win out, so posting on here is often for the camaraderie as much as anything else. ATB

No problem at all MC, though you are correct, I am a little touchy today as a few other investments have retraced quite strongly this week despite excellent developments and strong fundamentals. Investing can be a bumpy ride waiting for value to win out, so posting on here is often for the camaraderie as much as anything else. ATB

Great news and good to see the SP firming after the mining licence grant the other day. Market cap still looks way too low compared with project NAV. Stellar IRR, low CAPEX and huge NPV with product in strong demand in the high cachet EV sector. I'm surprised the market is not all over this. GLA

My post are over many years though amounting to only 4 or 5 per day, which is barely one interaction. Given the number of stocks I'm invested in that's not exactly a lot of posts. I certainly find it useful to exchange ideas and have learnt a lot over the years. You may be right about some, but personally I've always been more suspicious of the negative posters who turn up with only a handful of posts to their name.

I think you'll find the glitch is at the sever end. I have no control over it and find it rather irritating. Other posters have the same issue. This website is hardly known for being glitch free. FOG shareholders we're complaining only this morning that their RNS was missing. Again, forget about me and just focus on the stock. I kind of agree with your price action comments on all three.

And your point about CHAR is? Or do you have nothing constructive to say?

And your point about CHAR is? Or do you have nothing constructive to say?

'Been here for 11 years what is four more.' That alone is reason to ignore your judgement. Nothing but negativity anyway. Chill out and crunch the numbers while I put you on filter. You'll find CHAR is extremely cheap compared to its peers with major drilling scheduled. Best outlook for this stock in many years. Filtered.

Extremely cheap on risked barrels to market cap basis usually means prizes especially when drill is fully funded and high COS. This will be factored in eventually.

Extremely cheap on risked barrels to market cap basis usually means prizes especially when drill is fully funded and high COS. This will be factored in eventually.

What complete and utter ******.

What complete and utter ******.

That 133m @ 7.0g/t Au is sublime. Wow.

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