The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
What would we say if he did a farmin now and then after the drill it turns out this ' overpressured pocket ' is worth far more than we could claim today?
Colins no dunce, he proved that by ensuring we were insured for the worst outcome. Just as blinking well. we are here because we think this well is a very capable well. The production figures could really surprise upside once known due to the same reasons we have had to wait for so long. But it isnt about just planning a well, its the delivery, sales, cleaning etc etc. Consultants reports, insurers reports, equipment orders, drilling capacity all more expensive due to the pressures. Farmin values, JV opportunity etc, is all extra work. I still like this very much, and now its a decent entry price. More speed? Guess so but thats life we just have to wait and hope later we dont regret not getting more. Life eh?
I topped up last month, as in December, wondered if i had put too much in but this afternoon it now looks like the news is starting....tomorrow morning with a nice RNS. I have noticed that Colin doenst RNS very often but when he does he gives a very comprehensive update so hopefully my bones are correct!!!
The last post i DID GOT TANGLED....I dont know how to edit a post on this site, or even if you can. The Hammarslahti part got mixed into the Kobold part, my fault, but the pint was Hammarslahti is an excellent mine potential given its past and i think we may get good results from work being done there,
I think before the new listing if there were to be one we should have a better look at Dundas. I have never accepted the RNS in Sept 23 from the last management as being of sufficient quality in detail to offset the previous works under Rod M. We were given the results from not new drilling but from re-studied old drilling. I dont trust the old management at all and would like to see what happens to Dundas now, i really dont believe it is scrap value, far from it. We also have on the burner the Hammarslahti where the Oct 23 RNS gave some pretty impressive results at shallow depths and good to excellent minerlisation. Eight out of Eight getting mineral cant be bad. As far as Kobold breaking away with a separate listing, lets see what happens to the results form them first. after all if they were to get bad results then why hang around at all, let alone do another and separate listing which all cots money. Surely soon we will find out whyt he last lot left their positions and what the new team will do to get some spark back into the project.
Also we have the
Nelson the Dog
I totally agree with you, the change of management that has just taken place is clearly very strong dynamic. I think when RM left it was a great shame as he took with him not just the knowledge of the company and geology but also his contacts in Greenland which after the time he spent there was probably everyone who could p[ossibly be involved with the project. But we have to wait on what they tell us but for sure i think all past CEO plans will be ditched and a new wroikplan bought in which will take time to write out. It will have to suit Kobold as well as JAY and will no doubt involve a very different approach. The last approach seemed to me to be all talk about Corporate stuff and nothing about getting on with the job in hand, ie in Diskos case, looking for the Ni and Cu. Hopefully next month we will hear and the market will no longer price in this pretty dreadful uncertainty. The market hates uncertainty more than anything.
How can it be remotely useful to meet with a guy who has decreased his credibility in consecutive votes.
Maybe it would be theraputic for you all in the no hopers camp. Those of us who have read and understood the RNSs
Are following the money and the information from those with experience and qualifications. Not garbled rubbish from those addicted to bulletin board self agrandisement.
Methinks likewise Bubble. We had been promised a good news flow. We know of a variety of SP lifting RNSs that could come any day now. We have been patient. We have also been given the op to top up at a pretty good price. There I think lies our reward. We know our most important target is not only about to start its procedures prior to the bit but that it's financed as near as dammit from the proceeds of a smart insurance policy. Where would we be now if it had been a less encompassing cover. In very deep doo.
The pressures we have all been stymied by are now our friend. Part of this timespan for the drill planning has been consumed by extraordinary scrutiny. The Insurers will absolutely want 100 percent success. No risks,no shortcuts, no excuses.
What the pressures can create in dollar terms, and how large this 'pocket' is will quite soon be known. I can easily imagine how investor interest will increase as we close in to the end game. I have increased sharply my holding at these prices. Not long now. GLA
LOL, when do you guys get it. You and a few others troll the boards daily lying to each other and bigging up your egos just like you tried to big up the ego and chances of the pathetic attempt by Kamran whoever to take over the BOD.
You guys LOST the vote by 80% voting against you and your pathetic loser. And you have the sheer ignorance to say the current BOD are hanging on by their fingertips.
We will be getting news soon, no douubt the boys are currently trying to get a deal from Rathlin in exchange for giving Rathlin funds to meet their share of the drilling at West Newton.
Has indeed the potential to match perhaps exceed Wytch Farm. To understand this one only needs to look at the geology, Corelabs opinion, parallel geology producers but reading reports or survey information is far to time-consuming for those posting make believe comments. Jack of D is absolutely correct in his comment. That is why we bought on the dip and you guys looked on as you posted your fantasies. How many posts did just 4 people post about the failed attempt by some idiot to usurp the current board. Us lot were busy buying dirt cheap stock.
Your argument is predicated in part to the market valuation as in share price. You then give your many thousands of posts showing how RBD is close to collapse, how some highly dubious individual, Mr K. The man who fluffed Due Diligence requirements and couldn't sit on the board. Not that his eventual % 20 of the vote made a scrap of difference to his notoriety, except add to it.
You have continually run the company down with fellow sceptics Uggy and Heidi.
Most of us, ie 80% or so, have held, or as we have, added strongly believing RBD is on an asset in WN that others with big pockets will want if proven up. In between now and drilling there will be perhaps 6 or more RNSs that will move the SP one way or other. I suspect we will see more of our Italian Job, Spaghetti you derided it with, as Fuel,oil but especially gas, will need safeguarding and supporting by a now eager Italian Govt.
You guys have missed out as us guys have loaded up. Several have agreed. See you at West Newton.
What a laugh, do you really think Shell wouuld have dealt with Kamsattar and his followers such as your good self? Actually RBD didnt do badly considering at the time we had serious other problems Nationally and that Shell could take or leave as they wished. It is so so so so very easy to say what Kamsattar would or would not have done. The fact is he couldnt even arrange for a BOD repalcement and not only was he trashed in his nasty attempts to throw as much dirt as he could at the RBD shareprice and BOD, that 80% voted AGAINST him and his nasty band of followers.
I was refering to the phrasing you used, and to what you left out.
The 486.486,487 million shares they exchanged as part payment you described as Huge, (no figure of % ) but then said in exchange for another 5% of the ' Spaghetti project ' . So my question is,
A. What % is 486,486,487 of the total Shares in Issue? ( that is to say the % you described as 'HUGE' )
B. What % do we own of LNE. ( and consequently its ownership of the shares from RBD ) ?
Thank you for that J O D
I don't remember any share over the last 40 plus years of trading where literally thousands of posts, bearing no relation to the actual truth, have been flooded into the bulletin board or public domain. The last few weeks have though, given an excellent op to add at a crazy M C assuming we do go ahead in West Newton.
The revised Corelab modelling for the WN horizontal is going to give some very very good profits if realised, Corelabs reputation underpins my buying more at these levels. Roll on the summer.
Also agree J of Ds
Moniman, Heidi, Poor Uggy and others have posted so many thousands of times it is perfectly obvious they jsut love seeing themselves in print on the internet. With Moniman the leader, at a staggering 9,640 compared to those who have regularly added information..not whining....and who have posted less than a thousand.
Insults, lies and deciet have put people off forever, the idea of even thinking of supporting Kavraf or whatever his name is in the future. The likes of Heidi are simply malevolent, this quality makes her atttractive to the mindset that was behind this latest challenge fiasco, strutting bombasts no doubt regaling their local pub with their 'City Exploits'
Heidi has vanished the others soon will thank heaven except perhaps Poor Uggy who cant go away because we are all he has got.
I am looking forward to RBD sending out some news relating to West Newton work plans. We will get a rig contract RNS and also news of The Italian Job being granteda thumbs up for its next stage. How Rathlin funding will work i dont know but i would not be sirprised to see RBD get a slightly larger % for stumping up some dosh for Rathlin. Shell will have to give us some money soon when they get their consent and we also expect to be told something about some form of Special Divi perhaps to return a small amount to us, for being patient shareholders, as we were promised. The trouble with that is that the sloppy mess Heidi and Uggy were supporting so avidly have no doubt cost RBD a pretty packet, This packet i suspect will be paid for out of money reamarked for us. I would want it that way if Rig fees for example were imperilled by cash flow diversion to Uggy Heidi and their maggot ridden band of leaders.
Hey Ho, we have undoubtedly come through a rough patch but things should be uphill from now. The other thought i have is that RBD buying back as they have been, a round number of shares is fast approaching. This would be convenient for consolidating, or rather a consolidation. Maybe they would do that after an RNS or two showing progress to help smooth the way. All these just some thoughts.
Its quuite incredible to see Heidi has posted over 7,000 posts, all rubbish and all futile. She and her gang got between 20 and 21 percent of the votes. Shows how spite just aint worth it. Moniman Heidi and other creeps all following the great Guru Kamran, another investor who has shot his bolt in throwing so much dirt at RBD they have actually devalued their own investment. It wil pick up for sure, WN and Italy will see to that with a couple of good RNSs in the pipe we will start back up again, but what a lot of ignorant rantings form that lot.