Member Info for reggie72

Bring on the news MB!. could also see a surprise Sundagas deal this quarter as well as drilling.

yep bring on the news MB!. could also get a nice surprise Sundagas deal this quarter another discovery contained within the license area, this being high scale gas.

agree, doubled up here. not a one trick pony as they have costed for multiple wells in very decent oil and gas producing areas.

the Wick also sits next to and near other oil discoveries - one of them a huge producer - researched it a few weeks back but can't remember the name. it's in the rns.

uneconomical at the time oil prices were $20-30. oil prices currenty $69 brent/ wti $65 so margins much healthier. don't forget this block sits next to the largest onshore oil field in Europe at Wytch farm, produced over 450m barrels to date!.

they want your shares too.

hoping that! thermal volumes for export expected to increase rapidly in the next few years which include demand from emerging mkts coming from aus officials - they are looking for new assets.

I have been thinking about that. perhaps the Chinese partners are well connected & if they can prove it up a ready buyer currently off record?

certainly manipulating the sp

the first well is already an oil discovery when drilled by BP a few years ago (10.5m oil column confirmed) so confident this will come in them we have another 2 or three wells after that - also low risk with a good cos.

yep v difficult to buy a good amount.

would expect most long termers need 3-5p to break even. I wish I had a sub 1p entry point especially for what is coming up!

no worries. results confirmed they are fully funded for drilling and beyond so no issues in that department.

yep first well in five years!. one of many to come very soon, good cos evaluated on each so reckon they will deliver the goods. funding done for all.

expecting much sooner than that. ceo meeting geologist this month and further meetings in Aus with the Chinese there too and gov officials.

you would think coal prices were at 5 year lows not highs!

plenty of buys full offer 0.5p. news coming - got to be going on timeframes across all assets

like you say this needs a 100m trading day to help clear this seller!

I should add at significantly discounted levels to the last placing which the board took part in.

if NL and the board are so confident then they should be filling boots along with those closely involved! clearly there are a lot of shares to be had.