Member Info for rsproson

It is just the first dip since the rise. Everyone knows this is going to 20p + before drilling starts.

I took a small amount in the IPO due to the hype. I wouldn't touch it with a bargepole even at these levels.

Full ask just paid. Not much left at these levels.

Rising without people talking about it. That's when you know. Especially when markets are down today. Something is brewing here. Positions being added before drilling starts around the end of the month.

Everyone knew a placing was ahoy, Dalt. It doesn't take a rocket scientist to come to that conclusion. The point is most people keep negative thoughts to themselves - wait for the placing - then buy when the price has dropped. This maintains sentiment much better and reduces the chances of such a low placing from share bashers like yourself. CMET are still on the open market - let me be first to say they will indeed, at some point in the future, raise again. Shocker!

Yup, funded for the next year so it is onwards and upwards. Good news flow to come and patience in this stock will certainly be your friend. IMO.

They were always going to place and it is required to get the ball rolling here. Nothing wrong with that. Shame it is as a discount considering the low SP already but they don't seem to have a choice just now. Still have ambitions plans to make serious progress this year so all that going to plan and everyone will have forgotten all about it in 3 - 6 months time. Todays pricing is offering a good opportunity to buy in/top up, re-asses the situation. GLA - onwards and upwards from here!

Possibly so. Hard trying to time the bottom! Either a large seller or multiples of shaky hands. Either way I am hoping to see double figures again when we finally get the sampling news and drill starting.

50% down from a premium raise at 14p. Warrants at 18p. Down due to delays. Looks like a decent punt and definitely in the oversold territory!

I had pencilled in wsbn assay results this week. Lets see if I am right.

Don't really like the word 'duster'. Not saying it isn't. When they are exploring a new field they drill down and identify zones. They normally perf and try and flow from this but it is never optimal. A lot of the exploration is finding what is where and identifying the best locations and zones to focus on next. In this case they may well decide the location is not optimal, or if they think it is they could drill a horizontal well in the best zone. Going back to the A1 well we know that the test was cut short due to finding liquid hydrocarbons. So if they prove that one they might find a location between. The problem is the field will be worth more if they know the extent of it. So rather than 1 well pad if they know what is North, East, South and West then it will be worth a lot more than just flowing from the centre. That said WNA could well pay a good dividend in itself so fingers crossed.

Looking good for a reversal. Things seem to be on track.

We had an update. They were moving to perf another zone and test. Since then now know the flare is going. There also seems to be a Christmas tree on the well. Wouldn't expect any news to land this week based on the recent operations. I would expect them to continue testing this new zone for a while longer to produce accurate results, would you not agree?

Big expansion in planning. Councils seem to be behind it.
https://drillordrop.com/2021/08/16/councillors-ask-rathlin-energy-for-community-fund/

If it goes that low my neighbours dog will be buying these. Anything under 10p is a good buy. Mcap now just 16m. Peanuts for the postcode we are sat in.

Yusss! Back in, game on!

Well the placing price was a result of BMD. The biggest raise done yet at a price probably 20/30% lower than it would have been without his meddling.

33m mcap just now. For a gas play of this size and quality right next to Humber with plans for a blue hydrogen plant. The value will be what the value is but I just think this is ludicrously cheap for what it is. Next steps could well be a JV to continue drilling and proving it up. If majors are not watching this closely I would be very surprised. If not just for the asset, the location is bang on the money.

Mental comments to make. They never perf all zones in 1. That would be mad.

As for "Gas ain't worth ****" - probably the best one yet. Guy must be off his rocker. Gas right at Humber - surely everyone know the deal with this? If gas could be found anywhere... this is probably the number 1 best location.

Short RNS but all good. Sounds like they have had a time getting it going but now they have liquids to the surface. The gas is there and good quality/recoverable. Seems fairly de-risked on that alone. Pressure could be different at every zone depending where the gas is sitting. The higher zones might well flow better. That's not to say the lower zones won't. Sometimes it takes a bit of stimulation but when the liquids start to move the gas can come down and help with pressure. These things take time to happen. If we have a continuous gas column from WNA - WNB (as it seems) right beside humber where they are developing a blue hydrogen plant then we are LAUGHING.