Member Info for Richard1032

Zaza has always said that we don’t need to frac zone 19. I have always taken that as we won’t be fracking zone 19, it never actually occurred to me that just because we don’t need to doesn’t mean we won’t in order to further increase flow rates.

Not only are our resident gimp squad struggling to keep the lid on the SP but they could have made a fortune shorting the 100’s of other shares tanking in this horrible market.

It would also be nice to see an operations update for next year. I think the market might respond when they know we are drilling 20 wells in 2019.

It’s frustrating but don’t forget the market overall has been hammered the past couple of weeks.

A few sells followed by a few trolls :)

I did my top up around 53 thinking it was to risky not too. Haha. But in all seriousness if I had more cash to invest I would chuck it in here. Already well overweight on this share and down overall but the balance sheet is just so good and the cash generation is so nice. It will come good one day and I wouldn’t rule out another suspension that works in our favour.

I saw something on twitter earlier that suggested choppy waters were currently making it difficult to transfer the rig to Wick. I am in work at the moment so can't link it but will do so later. Nothing to be worried about, just one of those things.

We complain when there is no PR, we complain when there is PR.....we just complain.

We are going to be spudding 20 wells next year so need the cash for that. 20 bloody wells, if you had a new explorer spudding 20 wells the SP probably be double ours. The market has gone mad. I thought with the recent exposure this would go bananas.

Why is it always 15mill, there must be a reason. Are the gimp squad possibly buying in smaller chunks throughout the day totalling 15mill or more then selling in 1 big chunk as they know it will be flagged up on B.B.s and give the impression of a continuous big seller. It’s an interesting one.

Haha, that made me laugh shakey and I echo your sentiment completely. It’s insane. Even though the fundamentals are so strong we may find that it needs to drop to 51ish which has been previous support. I can’t believe I am writing that but i don’t know what else to say.

Shedulike, unfortunately we won’t get flow rates while under NDA. We just gonna have to accept that I am afraid.

My theory, the 15mill sells were YA but the last one was the gimp brigade trying to make us think the regular 15 mill seller is about. I think they will dry up this week or next as surely the gimp brigade wouldn’t risk that much.

I don’t know much about shorting but from a small amount of reading a spreadbet is typically a 3 month period so maybe they are hoping they can scare enough people in to selling so they can then close their spread bet without a loss before the big news comes. Risky strategy but when you read their history they do all sorts of crazy shit.

I genuinely feel that 1 day shorting is going to tank the economy and we are all f00ked then. It may be 10 years away, it may be 20 years but I believe it’s coming.

And Welsh, so must be right! :)

<———-
Big head of PW.

I had to google that, I am so uneducated :(

If you want to read about SP then have a read of this.

https://sharetipstersuncovered.wordpress.com/category/tom-winnifrith/

I just bought more. So many reasons to do so but the key for me is Morocco where the profit margins are huge. With 75% interest Currently our net back in Morocco alone is $15m and we have the assets, the potential buyers and the pipeline to transfer the gas to them to grow this 4 fold in 2 - 3 years. That’s 60m net back from Morocco alone. No reason to think they can’t do this as the drilling success in Morocco is close to 100%. Morocco alone should warrant a higher market cap and is a safe jurisdiction. Add on to this our significant assets in Egypt, current cash flow of 4m a month, spudding 20 wells in 2019(2 in meseda, 6 in South Disouq, 12 in Morocco) and i have no doubt PW will make a valuable acquisition soon this really is a no brainier.

and knows how to start a FRRally!

TW and Wshak probably closing shorts in silence leaving their minions in the shit.

If I was in the room with zaza now I would kiss him, instead I will drink a rum and dedicate this song to him https://m.youtube.com/watch?v=wmin5WkOuPw