Member Info for RatHole

Where is Coopgare? An apology is in order. Take Care

Look, the geology is TIGHT, always has been, gas saturated yes, but so are my undies from time to time, anyone expecting a miracle is naive in the extreme. Balance sheets show all partners are out of cash and markets have been fed enough BS. Good luck raising. Take Care

50p party I will promise to attend just like the 50th anniversary of the moon landing which I was also been invited to. Play the ball not the man please And stop crying over your losses, move on, you were warned Take Care

gaza, your threats amuse me but your losses are not my concern - you were warned at 25p Cowboys don't cry Take Care

Sold Out? Bold and respected poster with downhole knowledge I recall, Be keen to hear his opinion on the latest at Dempsey, Take Care

I would suggest something has indeed 'massively changed'. Dempsey is no longer '1 TCF' quite clearly, and will likely only flow a few farts from the top zones. Respected analysts in Aust are valuing it at $5~10m (top zones only) XST was belted down today and SGC is near 1 year lows. EME no longer has millions in the bank So yes much has changed in California at very least. Indo requires cash for development (if not sold but too early in the curve to sell unless Conrad bail?) China requires mega cash for drilling RNS updates are great but hard to imagine anything to kick the SP along, more likely the reverse cum placing. Take Care

Buffoon I am sorry if you are in Aged Care but this is not my care, think of your kids, Grand kids inheritance before posting. My calls have been accurate to say the least, yours have not. Take Care

didso, I am not so sure 'hope' is an investment strategy, but GL anyway, yes the assets are the same but 1TCF gas spruiked long and loud vs reality 140mcf per day has spoken volumes to the market, and yes a placing is well overdue but the city has books closed right now so a period of hibernation and SP drift is the best that can be expected now Take Care

Many called 50p when gas flowed to pipeline. This event has come and gone. The shareprice has halved visiting massive losses upon wouldbe experts Careful who you listen to here Take Care

3 JVPs need cash quite badly, it is almost like they are waiting for Tulainyo2 result to have some nearolgy to raise on. The city aint buying Dusty Dempsey after the mego hype whilst drilling. World Class Discovery my eye. Take Care

Lobon is correct of course imo. A placing below 10p must be very close given the net cash postion at 30th Sept and costs since. Missed opportunity to raise at 15p in October and now may struggle to get wholesale funding from the city on the back of the Dempsey Duster, we will know shortly I suspect. Take Care

Indeed you do sound desperate! GJ has delivered the 'gas shows' he promised, no more rabbits in the Dempsey hat I am afraid IMHO. Do you recall any drill where non commercial suddenly became commercial? I think not. Take Care

Why would anyone buy the frack? This is Tiger Country, no analogues, risky as you like, hence the reticence and weasel words from eme. I can picture TK and the Operator standing around saying 'WTF now'? Expensive business this and eme have no cash better to mothball and raise funds for Alvares to stop the bleeding Coopgare may care to comment? Take Care

Mainly everyone on here disagrees with me Backwoodsman, and have done since 30p. Need at thick skin to be a contrarian. The rewards are there though. Take Care

Very quiet here. A quick valuation to consider. - Dempsey $5m (based on SGC market cap) - Duyung $5m (based on industry transactions in region) - China $5m (based on best case value) EME is over valued at 3X at least - plenty of room to fall yet, so why would you top up? I would be Top Slicing or Running like Hell the MMs appear 'long and wrong' and trying to hold this up to escape in my view. Take Care

Pencil in the '12th of Never' in your diary. Surprised how well this is holding up to date really. Take Care

Yes indeed once 10p falls this opens up 8.5p last placing target. No traders will touch a chart like this, broken down big time on volume. Bottom fishers will line up at 7.5p for an overshoot capilution squeeze - and probable next placing level. Take Care falling knives cut deep.

Very True ART, the '1TCF at Dempsey' brigade can make their own arrangements, Tulainyo is operatered by Oxy, no bettter exploration crew in the valley, if this does not work, nothing will. Take Care

James, I have never heard of a flow rate of 140mcf/day improving without stimuation, perhaps you await an act of God? Hence Directors can buy safely in the knowledge that no stimulation can occur until at least March after the EFT, which is in line with cryptic company guidance and industry MO Take Care

Any Director buys for EME? Or just resignations? Read between the lines?