Member Info for SecretBlueprint

Cased hole logging is to correlate the magnetic signatures of the casing collars with the gamma ray signature of the formation to be tested. That can them be aligned to the open hole logs.
The perf gun is positioned using a collar locator to be exactly right, rather than just relying on measured depth
A cement bond log will probably be run as well.

"SP normally explodes +600% before delisting to let the insiders or bods friends out with some kind of profit."

Remember the "disappearing " fake news report that Xcite Energy had secured funding for Bentley, just days before the liquidator turned up? I would treat any unsubstantiated report of finance for GTW as highly suspect.

The SP is too close to the nominal value to allow a discounted placing, which must now be pressingly urgent. So despite the recent EGM, the board will now have to convene another general meeting to approve a financial reorganisation and consolidation.
Even if they get that away, who will buy the placing?
It would not surprise me if Scotton resigns, after the farce he has orchestrated.

There won't be a UK in 2020 either , but that will be political change, not climate change.

Barry
PVF were sold a pup by Minty. No hope of getting their expense back from production at GHS when it was impossible to produce anything from an overworked, moribund and impermeable reservoir. That will be the court argument IMO.
The tale was that a dropped tool had to be milled out, but there was no tool found. What they did find was a so called salt plug. which they tried to remove. No oil ever flowed , even though you can see PVF swabbing the well without success.
There was a **** and bull story put out in an interview about some equipment needed from Alberta which never arrived.

Barry
What on earth has an exploration programme in Kansas to do with NUOG ?
The GH flow test did not stop suddenly...it never started.
Go to the Nuog office ? And see who? You won't get past reception before being escorted out.

JH

Wash your mouth out. No need of vulgarity here IMO

Glide
A lot of folk might agree, but a year is a long way away, and protection of capital is the current vogue and I expect every single IPO investor will cash out over 1p to preserve capital. The fact that a load of professional gamblers in a Twitter group were able to take part in an orchestrated buy of IPO shares or CFD positions via a Gibraltar nominee speaks to the naivety of the company's board.

A lot of gamblers have and still do make a fortune out of this IPO and those who think the company has a future are being stamped upon every day. It will take many months to get rid of the Gib gamblers. Meantime preserve your capital.

And Gibraltar is the betting capital of Europe.

But there isn't 10 buys yet today

I do not believe that any jurisdiction would allow a subsidiary company to operate an oil production licence without a parent company guarantee in place to cover the various risks including litigation.
I expect Mcadder knew this.

The company has told the market that a placing is coming and the scale of dilution is 35%.
No-one will buy any shares in any volume until the placing price is known. Therefore it is proving impossible to sell other than to market makers who are looking for massive discounts. Even their patience will dry up this week in the face of Saharan liquidity.
Complete botched job by the board. Suspension of trading is the only sensible thing to do while the finances are sorted out, otherwise it's a race to the bottom.
GS and DM are out of their depth now and a lifeguard is needed.

I think the Chairman has believed the OO ****** from Novum ( the advisers he talks of) , and he is hoping to get a placing away at 0.2p with a PR pump about the cash generative opportunities in undervalued Central Europe assets.
It will confirm that there is little hope of Newfoundland, Brazil or G2W coming to the rescue any time soon.

Seamonkeys

Your chairman has already told you in his hesitant podcast.
He wants to farm into an onshore oilfield in Central Europe to generate some income to pay wages. Azerbaijan is the new big idea. The placing will pay for it.
Shareholder lions being led by nodding donkey directors IMO

They raised the ask to .22 so the mid point moved up

It'll be CJ, Darth Trader, AIM Investor, Doc Holliday and Bluehourse

Raydaar
There cannot be any serious money in gamification , just pennies from an advertising/promotion budget. Gaming is where the big money lies. Where are the big games for big platforms that make millionaires? Vanguard is not out front there is it?
Perhaps the company will explain the business results and put these fears to rest. We need to hear about the money not gamification partners

I have tried Educate and I thought it was nothing special. I have tried all the games and it is not disruptive tech. The Swinton Insurance bike game was not much better than a ZX 80 tennis game

A disruptive technology is one that displaces an established technology and shakes up the industry or a ground-breaking product that creates a completely new industry.

I don't see that transformation from some clever gaming software. TBH

"Dev Clever is a bespoke software development company", from the company page 1.

How does that become serious disruptive technology? It's media content.