MLQ , Oral, Kazakhstan reg oil products tanker sat along side CE for 12hrs although I can't see any reason for it been there it does seem odd it went into port. Can't see it was doing any refuelling surely that would be done from the dockside, wouldn't need much for any auxiliary engines.
MLQ it's the Kazakhstan yes an oil tanker but it's well away from the CE, arrived in the 16th don't think there's any significance there. If it was at any point next to CE was maybe just manoeuvring.
Does anyone really think ramping and deramping on these boards makes an impact on the sp ? I personally find CC very informative and obviously he does his research, yes he trades he'll tell you that but anything he posts here to at max a few hundred grands worth of holders isn't making any difference to the sp.
Think 10p by Christmas night be possible, too many factors to consider for it to be anything but a guess, if world is back to something like normality by then yes it should be 10p if any deeps are flowing then much higher, so the reality is anything from 2p - 60p by Christmas I'm sure that answers the question ????
The board is pleased to announce that New Well 153 has commenced production.
Background
Well 153, was the second of the MJF Phase 1 production wells drilled. It was spudded in mid-February 2020, and reached `Total Depth' of 2,503 meters in early April 2020.
Recently the first of several prospective oil bearing intervals in the well was perforated. This 3.5 meter interval between depths of 2,232.0 and 2,235.5 meters had an initial production rate of approximately 350 bopd using a 6 mm choke. Currently the well is producing about 200 bopd as work continues to establish an optimal long term flowrate from this interval.
I think we are at or past the point were we can take maximum value from this company if and that's a big if we can get the deeps to flow as oil is quickly running out of time. Can't understand the laid back waiting game been played here or do they know they won't get them flowing so just hanging the bag out for another years salary.
Another bag of s**t rns how much further can the can be kicked. Cant see this share ending good we are getting well and truly stitch up here, average at 8p and id walk away after 6 yrs tomorrow with that.