Member Info for RogerJolly

I don't think so Dai, their wells are different according to what we've been told or at least that's the way they appear

Tommaaa you may be right that it could take months to slip further but where you talk of no evidence that there will be a placing or raise, can you point me to some evidence that they already have the funds to complete without having to do funding of some kind? If you can, I will gladly fully load up again. I've watched every interview and read every RNS and all I have seen or heard is the 4.7 million recently raised was to cover them through the planning stage. At the time of that raise they did not even know they were going to do an EWT. You can check that by reading the RNS and watching the interview at the time.

I don't believe we can find an estimate because an EWT runs over a minimum period of 72hrs to a few weeks or so.

From what I can gather there are different test packages from SLB so I think we will only know if the company decide to tell us.

Just needs sorting Skippy. I don't very often get nervous, but after the Christmas dilution and a previous time when I got badly burned with Aaog where our Miss Cope was heavily involved.

Anyway nothing we can do about it tonight. Good luck

I'd be happier with a raise Crusty. If they go consolidation that tends to lower the price and then to have a raise after that to give the backers a decent margin and it could be a double blow for us Pis. Yes, a raise could be enough to carry it through, but until those tests are complete we still have no guarantees. I'm very confident of that but very nervous after being caught at Christmas. I bought some back on Friday and tonight I'm glad I didn't go the whole hog. At least I am hedged a little.

Like you I would like to get this out of the way, I don't like the uncertainty

Skippy the movement or lack of, and the tightness of spread. Just never seen it act this way. As I stated early and this morning. It just doesn't look right to me.

As others have said normally we would be seeing swings and a spread of 1.15 1.25 I don't have an answer I'm just a bit confused with its behaviour today

Placing or consolidation before placing? Neither has ever treated me kindly.

Fingers crossed no bad news in the morning because if ever it was looking like manipulation, then today looks like it.

Like you say Crusty Fishy. I've never seen anything like this.

That's his whole point tricky. Ask questions that he knows have not yet been answered.

As for price movement it looks like the MMs don't want it to go below the 1.2 they really are keeping things tight today. I've not seen that on here before. Normally any sign of weakness and they are all to eager to drop it.

How did you manage that? Sad thing is he'll be back under another ID soon no doubt. You have to wonder about the mentality of these people

Many more of those and we will be dropping again. Need some news

It's being messed about with pocket money again. Tracking it this morning it's been a joke. Going nowhere until news

The lure of the big bucks is certainly encouraging exploration. Need to get the gas contracted here and into market. If too many are successful it will ultimately lower the price.

Greg, if you are going to criticize my words then you should quote what you are stating and post a link to where we can all find it.

There is a big difference to what they say they're going to do and what they actually end up doing. Initially we were led to believe samples had been sent off when an interview was released not much more than a week (possibly 2) later we were told the samples hadn't been sent off at that stage. Since then, as I recall, there has been no confirmation that the samples have been sent off. Bear in mind that containerized helium does not keep well so it might be expected it would have gone away immediately. It did not!

By the way I stated mine was an opinion not a fact, but I am happy to be corrected if you can prove your inferred factual statement.

As for the rest of your comment, you are saying nothing more than I was saying so what is your beef?

I think it is safe to conclude that the samples that were to be sent away, did not get sent in the end and imo, given the fact they had already carried out independent on-site testing and more importantly the decision to carry out extended drill testing in the summer made such further tests of little relevance and just an unnecessary expense.

I would also be pretty sure that they have what they think they have (4.7%) otherwise they wouldn't bother to even attempt an extended well test which is being done primarily to prove whether it's commercial or not.

Until the funding issue for those EWTs are sorted the sp is likely to remain pretty flat. It looks to me like the biggest drop has already occured and unless there is mid term news prior to the tests to uplift the sp, then the only question for me is discount or premium to this current price.

Chesh a bad point of this is that it encourages the newbies to react to none existent moves therefore creating a false indication. The only losers here are Pis who are easily swayed and more experienced who can rarely make the big gains they used too just few years ago.

I don't like them tbh, this is not a place for people to be betting their last few quid and it seem that the gambling industry has put a massive foot in the door.

As with the last string of five manipulative buys at 1.30 for a grand total of £19.99 each, is it any wonder the price is not rising and the same could be said of falling.

Too many people peeing about trying to influence the price everywhere are screwing the market up. Ever since they brought in these free to trade sites it has been a pain in the aris trying to read the direction things are going. People who don't know how it works see only the colour and react to that.

Not just this share, it's everywhere and imo it affects confidence and ultimately higher highs or lower lows wherever the a share deserves to be. Five years ago trades of sub £10 were a rarity. Today 8 of them in the half hour after 11am and 21 under £50 out of 42 trades and most days this is the case now

Hate to agree with flipflop but a seep is just a seep and it was what led to the drilling. Only the 4.7 can be counted at this stage and that is what the EWT is aiming to prove.

Let's keep it realistic guys, if it proves up the figures it wont matter whether it is 4.7 or 94.7 everybody will make money.

Roger 65 you nailed it. Exactly how I see it. If they can prove up the numbers some sort of partnership deal is almost nailed on. Sooner the better so I can pile in again and sit back and watch it grow into a long term earner

That .85 you calculate is of the total in issue. I don't know what these are gir but they will have been notified before. It is jusa state of play notice.

The 31 million remaining for issue at last nights close is worth just under £400k