Member Info for sandcrab

Difficult to keep up with it all, but wasn't one well shut in for too long a period? I assumed the problem was flooding

Definite red flag

If the thing was too risky for IPO speculators, then it's too risky for me

I suspect they weren't comfortable with the flooding, and judging from the Texas flooding debacle, I'm not surprised

I would have thought the company would have been listed on an IPO

And I thought half the point of this deal was to bring some experienced heavy hitters from Great Bear over to Panr?

Precisely my fear, olderman. Wasn't one of the Texas wells messed up because of flooding?

And what's all this about a failed IPO?

Thanks for that GG

GG I recall you saying that at 18p, Alkaid was all in the price

Is this still your opinion?

Before writing complete nonsense, could you remind us

a) when PP was purchased and who was in charge

b) when this $30m was put in, and who was in charge

c) the date AP was appointed

Thanks

I well understand why you call yourself Fantasy

1) Before AP RP carried out 3 ruinous death spiral financing to keep the lights on

2) 'pp revenue would have seen vast through. '

You can't seem to get it into your head that PP cash is locked in Zimbabwe

3)'Cash hole was created by delays in BP licence. Mercuria left the table for a reason.'
A statement of the obvious

Fantasy, do you have psychological issues- on medication?

Your posts over the many months are not 100% rational

Thanks fools. Very useful and helpful

Pity TbtT that you weren't at the meeting to point out the obvious errors and nail the misconceptions

So all this talk about valuable slots was basically just moonshine?

Is anyone going to ask Bill Cole what the hell is going on with this clusterfcuk ?

Saw a video of him 10 years ago

The guy looked shell- shocked then

I raised this question on Tyler a while back, suggesting that the company should stop messing around, and have a decent rights issue for the sole purpose of drilling Tyler. This suggestion was not well received by the cognoscenti on Advfn

As it is, half the company has now been sold for a punt on Alcaid. I for one would very much welcome GGs notes on Alcaid

The real issue here, as has been the case for the last 3 years, is why the company has never bestirred itself to drill the

central basin in Tyler, which has always been pumped as the company's crown jewels

Yes. Very strange announcement that does not augur well IMO

Nigoil, do you have any sensible comments on GGs remarks, other than mindless ramping abuse?

Worrying post by Scotty on Advfn

Sarah, it is my understanding that the company intends repaying the SSGI loan either from the new offtake or from the share issue. Perhaps even from the cornerstone investor.

I think the company intends following the scenario you have outlined

Quite right. He was totally responsible for the further 6 month delay by the Romanian authorities, and also for Mercuria pratting around for another 3 months

Also for the lack of cash flow because of previous management's wise decision to contractually be obliged to plough all Pickstone Peerless income into Eureka

And of course the diamond development, which probably alone makes up for you 40%, had nothing to do with him

Filtered

The sentence you left out alters the whole implied meaning of your post

Are you happy you can sell BOD when the time comes. The trading seems very thin