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Yeah I was wondering that!

Erm, it's not for you or anyone else to say my 'concern' is 'faux'. My concern is real to me whether you share it or not and the reason I would like to hear the presentation is because I want to see if Cotter discusses reasons why invoices have been reissued with credit notes for previous payments due to a VAT irregularity and how I get my refund before making another payment. I simply can't get an answer so I'm wondering if this was covered in the Zoom call. And cut out the patronising tone.

Any theories as to why we are apparently seeing some sort of construction activity at the Heron sites despite not having confirmation of relevant permits being approved?

Yeah, like getting frustrated that it takes a team of lawyers more than a week to post a link to a Zoom recording is being 'dramatic' whatever that means.

I'm sensing something today..

It has never helped this that when there is little interest the MM's just open up the spread and let it sit there. Spread currently around 10%

Yes, your opinion is that this is pile of rubbish and that's your right but my question is why don't you move on and then you wouldn't have to waste your time posting on said pile of rubbish. Simples!

So why are you still posting Fevertree? Move on to pastures new. Come on, start thinking clearly and stop punishing yourself here.

*belief

So sell up and move on if you have lost all beleif in the company progressing. Simples!

Sorry for posting this on here but does anyone involved in CAG who may be looking in have any idea when the link to the Zoom recording wil be circulated? I've emailed Cotter's team but have had no reply. I was working when the call took place and would really like to know what was discussed. It's getting increasingly frustrating dealing with this outfit.

Shares such as this are never risk free, and even if/when they start pumping some oil this will still be a high risk share for investors. Anyone who was in COPL for any period of time will attest to this - they were pumping over a thousand barrels a day, with loads more to come and the criminal BOD let the whole lot go belly-up in order to take shareholders out of the picture. Despite what Manro says I don't put Buck in the same bracket of malign, corrupt, amoral CEO's as the likes of Milholland over at COPL but anyone can let greed blind their sense of fair play. Also any little startup oiler is highly vulnerable to fluctuations in the crude oil price as their breakeven figuree will be at the high end. Tha's why I'd actually not bother yet with the wildcatting but just get Herons 1 and 2 up and running first, solid production and income, build up a bit of rainy-day cash reserves before spending on wildcats, unless they have a limited timeframe in which to drill wrt permits. Is that the case with GoBi? I mean, they drain money into Velociraptor and for what?

Doc - I've been invested here for seven years, but i took a long break from posting on BB's such as this due to a number of factors.

Investor - what has whatever Hamm said have to do with me? Strange post..

I respectfully suggest you sell up and move on to pastures new if that is your perspective on things, Wizard. Why on earth you would hang around here if you so clearly think that this will tank from here? Get some sense in your head.

Just to be clear, buying in here down at these SP levels is an absolute no-brainer if you're not in a hurry.

FWIW, I think that the last thing that Mike Buck wanted to do during the testing was to start pumping a load of oil to the surface and having to store it at the well-head as this would have really run the risk of upsetting the locals, the Governor etc wrt to permitting. In my view, they've done the minimum necessary, open up the hole check it's still in good condition, observe oil flows at a target intersection and a quick a bit of down-hole stimulation to see if that got any kind of response which the RNS clearly states it did. I think they were just not in a position to do any more than that at the time. Just my opinion, but they still have to tread very carefully as they got their fingers burnt before by charging ahead without consulting properly. If anyone has been here as long as me, they will remember the video of the local cops coming to the site and ripping down the perimeter fencing arouind the well-head just after the intial discovery at heron as the local judge had deemed to works illegal. They have to be super-aware of local sensibilities there and i think this might explain the limited nature of the initial testing.

No doubt about the investment case here Baz but the concern has always been about timeframes. I've been in this for years and still not made any money on it and it's not an easy one to trade. I've been saying 'this time next year' to myself for the last seven years! It's a great one to tuck money away in long-term but just don't expect to get out in a hurry. Turned into a bit of a man-trap.

*success at H1 that should have said.

Binary play now. If you think that production will get going at H1, with a good commercial flow rate, and the company will therefore start generating revenue for the first time in its history then stay invested as thta has to be worth waiting for SP wise. Furthermore if H1 is up and running then make the chances of H2 being even more successful than H1 even higher. I'm not even thinking about Gobi atm as it doesn't need to be part of the investment case.

However, if you have real and sincere doubts that the company will get enough oil out of H1, and in a good timeframe then it's time to bail from this as the company has little viable future from an investment pov without success at H2 as shareholders would be facing massive dilution going forward. For me, I'm staying in even though I'm just about in tiny profit as it's hard to see a better small cap olier in this space with better potential in a short time frame than this company. It's a gamble, one way or t'other but all investing at this basement end of the market is high risk.

Make you minds up, in or out, as we're approaching the vinegar stroke here.