RE: Tricked by he swampies27 Nov 2018 11:16
Well done Ja51. You and your Swampy mates done good this time. However, that may have been your last role of the dice.
It wouldn't surprise me if PV was already aware of the EA water injection stipulation (from a recent Share Talk interview) when he clearly mentioned that existing wells at Brockham could easily be converted to produce oil. Why would he mentioned this at all? In my mind, to deflect attention away from this insignificant fact and to ease investor fears. Additionally, to inform investor's that our next priority is the conversion of these existing wells.
Furthermore, do we think that we will encounter large volumes of water at Brockham? I think not. For small amounts we have already installed huge storage tanks so it looks as if we may be ahead of the game. Tankers could be employed from there on in.
Newton's Third Law, "For every action, there is an equal and opposite reaction".
Our reaction being that we have already solved/are solving the problems that the EA have set us.
P.S. Off out Xmas shopping today Ja51. Note, I will be spending some of your £5k Angus share loss.
Have a nice day.