Member Info for Rubey

Don't they carry about 220? I don't think there's a limit on vehicle movements, is there?

Don't be stupid.

Uggy. A couple of points. Coil had long gone when people were saying he was still selling. The big seller at the time was someone else. Second, I know who leaked the first placing, and it definitely didn't come via the company.

Thanks for the reminder flatearther. Excellent interview, wasn't it.

I see you don't deny my accusation, persimmon, but prefer to make personal attacks instead. Sad individual with no moral compass.

If pushing water up hill is like trying to get morons like you and persimmon to post without deceiving people, then yes, she is trying to push water up hill. But it's her investment that's being attacked, and nothing would give you or persimmon more gratification than UJO shareholders losing money.

As I pointed out, feelinlucky, from the start for California, monetization was going to be achieved by producing oil, NOT selling the assets. THAT WAS THEIR BUSINESS MODEL.

With subsequent investments - Rathlin and Corallian, the business model was to bring the assets or company to point of sale. Nothing has changed.

Maybe there will be involvement with Europa, but for Corallian to RTO next year?

You seem to be making a case for not investing in oil and gas at all. Showing your true colours as a tree hugger persimmon.

As I said, the fact is that his facts are out of date, and the oil price has risen hugely since.

feelinlucky, as Sachin Oza stated on California from the start:
"We aim to take advantage of the fast pathway to monetisation of these assets by utilising that cash flow to partly fund later wells in the earn-in programme. We continue to assess a number of further potential investment opportunities in line with our strategy of delivering shareholder value."

It was always about production, not selling the assets.

Jimmy, the fact is that his facts are out of date, and the oil price has risen hugely since.

Feelinlucky, sorry, but I feel I need to make some observations.

1) Maybe, but if there is nothing concrete to announce, shareholders moan they are doing interviews with nothing new to say.
2) Why? California is profit making.
3) It costs a lot to set up a loan facility. They'd only use the loan for an emergency, so why set up a new one?
4) Why farm out before concluding testing and CPR? Why not sell when the full value has been established?
5) Victory isn't being drilled. WNB-2 is planned to follow the EWTs, so they can select the best route for it.
6) They've said the 'liquidity event' is expected for early 2022. The CPR helps put together the FDP, and the 'liquidity event' would follow the FDP.
7) 'reduced rainbow-chasing acquisitions for the time being!' I don't think they've done any new acquisition since Rathlin. What is in a position to be sold off?
8) The WNB-2 well would be designed as a production well, and they need to conclude the EWT's first.
9) This 'dabbling' in California is called making money.

IMO

Haha, persimmon made to look a right moron....again.

Hello Heidi. Idiots aren't they. x

Fancy being as thick as royoboy, persimmon. Because Heid copied and pasted my post as soon as it appeared, your low IQ suggests that we must be the same person. Anyone with half a brain would realize the opposite would apply, but it seems to excite you, so, whatever floats your boat I suppose.
Farmer? wtf are you on about, idiot.

Prick.

Are you referring to me, shlt for brains?

So you think you are being unfairly no platformed like so many great people are nowadays at our universities. That's interesting. So you think that you, a conman using a bulletin board to try to get investors to lose their savings, should receive the same sympathy as the likes of Sir Isaac Newton, George Bernard Shaw and Trevor Phillips?

Not particularly tbh. It's the planned liquidity event expected early 2022 that's the big value driver, as far as Corallian is concerned.

What about it persimmon? The false accusation was that the CPR was OVERDUE, not delayed. Of course it's been delayed. I don't know if you'd noticed, but everything is being delayed at the moment. Companies are trying to catch up following lockdowns and restrictions on movement of workers.

IAmAnIdiotPersimmon

'Corallian plans to submit the Victory Field Development Plan to the OGA by the end of 2021, with a Competent Persons Report (CPR) expected to be completed in the Summer of 2021'

From June 10th 2021 RNS. Keep up persimmon. This has been pointed out to you numerous times.