Member Info for rlightor

Scro. Im not arguing with you. As I said in my post we all knew the well flow would reduce, it’s stated in earlier RNSs only that other external influences have had an effect too.

TF completely agree. None should be naïve when it comes to institutional buying. I’ve seen it so many times before. They would not be in business if they simply gambled.

I agree Scro but you chose not to include the issues they have had during that period which had an effect to.

I think people should read the whole RNS before commenting. We all know flow from wells reduce over time but as with all oil companies this is addressed with work over activity, which by the way is funded. BAU in my book.

From what I read that drop was caused by well 38 which has now been resolved. “ Average Q3 production performance was affected by production volatility from well WR-38Z and greater than average pump maintenance and power supply outages. The production volatility at well WR-38Z is now under control following the implementation of a new production scheme.“.

The other good news is that project 1 is proving to be affordable. On that note there does appear to be positively around the 1st drill. If this does flow with commercial volumes we are in a very good place in my view.

I think it’s fair to say we have been undervalued for a long time, past history has seen to that. Let’s hope this is a correction toward fair value before we get results. My view would be 4 - 5 p , would people agree?

Not sure anybody knows that but we could find out soon. We can but dream.

If this his 20p I’m going to retire for a second time. ??

Me and my crystal ball ??. Good luck all, it’s been a long long wait.

Maybe just maybe it’s being left to run now the institutions have their fill?

After all this time dare I say, could this be the last time the company share price is sub 2p? I truly hope so.

Scoop, I wouldn’t waste your breath. I’v been asking the same but never been provided any detail to support Sarah’s theory. I haven’t blocked said individual as I hope one day we will get an explanation but otherwise I won’t take the bait. I think that is what Sarah wants. Now here’s to feeling lucky.

My gut says next week for news. I think if I’m right JKT01 initial flow results came 13 days after TD. If we get news tomorrow afternoon then my bet is it will be very good but that’s my opinion only. Good luck all.

Not sure that was aimed at myself but unlike yourself I don’t give investment advice. Now Sarah, if you want any credibility, as your adamant we should all run to the hills, please do yourself a favour and explain why this share will be de listed? Please, either speak up or shut up.

That was to Sarah for those interested.

People will like this share if it produces money, we all know how it works. Now go polish your crystal ball, or is it tea leaves. I can’t wait for your next words of wisdom, maybe this time you could add some meat to the bone??

I’m with you. Been doing the same from inception. One day I’ll be rich beyond my wildest dreams. ;-)

Chesh
Work. It will never catch on :-))

RPG, please share with us your knowledge? Isn’t that what these boards are for?

My question would be, if it was a duster would they have completed the well with production packer and Christmas tree? So I have to assume it flows, just what is it flowing? I ask for comment from those on this board with better experience in the oil game than I.