Member Info for reggie72

rns also states they are looking at another nr term UK drill buy in so probably Q2/3.

Sundagas is a JV vehicle to acquire assets in Asia. They have identified a license and await sign off which is due Q2 so any time. There is an existing gas discovery in the license area. This is probably the deal that interests me most. Then you have the new Wick north sea deal and another in the pipeline also UK. Then the Peru drill. All wells fully funded and no debt!.

someone with a large holding so could well be, been going on for a while now. quite why they aren't giving anr a fair crack of it now is beyond me?. unless they know something we don't?

dumping

obviously someone/s has been dumpog for month - Z&H?.0.75p recently on positive developments.

surprised fallen back to these levels which is mostly cash. you get 4 fully funded drills in that with cash over, any moderate success will be transformational for the company oil or gas.

given they have $5.2m cash ready to go I am thinking within weeks!

it also says in the last rns they are looking at another deal farmin for a nr term drill prospect UK. would not be surprised if this is done soon before the march presentation. so short termers beware.

�20k is a fair chunk. 20m options at 0.5p also which only kick in if the sp exceeds 2.5p - that is his and the wider boards huge incentive to get this asset moving!

geologist now appointed so expect to see the key scheduling shortly.

directors also took part in the recent 0.5p placing, so putting their money where their mouths are.

800m tonnes in Westfield alone. If they can prove up just 10%+ of that then we are talking big numbers. Coal at record highs over the last 8years at around $128 thermal coal and with that demand is sky high. the board need to be motoring to get this proved up and seems they are proactively on it! finally!

buying over 0.75p just a few weeks ago. I can't see any negative news issued. the money will come m8 imo just be patient. probably for drilling.

decent buying, come on the buys!

you can buy at 0.35p so I did.

seriously 0.3p! no coal anywhere in the license then?

Proactive presentation/ Oil Capital conference March 14th. Along with some decent names. http://www.proactiveinvestors.co.uk/events I am expecting another UK deal soon and Asia to complete (hopefully) H1 too. This is a big deal if it comes off.

and a lot more to come on this and other new projects. cash is king and boil have it!

just a few weeks back since the mou announcement it has halved!

can you not buy online?