Member Info for Seedcorn

The daily increases in the oil price must be a sound base for earnings at the moment, more so now that production levels are being re established. An extra $ per barrel is ‘free’ money as no significant inputs are required to earn it. My car says keep oil prices down. My portfolio demands the opposite. Why is life so complicated?

I wonder what other patents are pending? I would expect that driving that process to be a key activity? It is pretty fundamental to have them in place to secure the prospects and future prosperity of the company.

Gr8 report on the local BBC NE news tonight re the supply of 30,000 tons of steel for wind turbine piles supplied locally and to be processed by Severfield. See the tweet on X by local mayor Ben Houchen for more detail. Surprised there is no rns yet.

Fully expected water to be produced at some point. That is normal. What I do find remarkable is the slow progress of the next stages for the development of the asset. I don’t get a sense of urgency. Have the operators gone to sleep or maybe on holiday?

Realistically the alarm has done its job. That’s why it is there and working. The oil and gas operations environment always has potential for things to go wrong and good operation is about production safety and the environment, not just the bottom line. I don’t expect the operators to ignore a warning sign and am very pleased they are acting quickly to resolve matters. I have full confidence in the operations team doing the right thing, that in part is what attracted me to this company. I feel the prospects for the company remain on target in the long term. Safety, a priority in the Oil and Gas sector, is part of the cost of investing in such operations.

The Rns today has answered my question for me! Considering all the headwinds that face the house building industry, and more especially so in Scotland where rents have been capped, I feel the Rns was very positive. I shall look forward to the September update and if funds permit may add further to my holding.

Been a follower and holder of this share for quite a while now. Not seen the share price this weak during that time. Does anyone have an overview of how house sales are going for this company at the moment? Is this just SP weakness due to a quiet news flow? Many thanks.

Sageman SS holds over 12 million shares that he bought using spare cash from the tea fund. They must have changed to a posher type of tea though because the share buying stopped last autumn. Just a token gesture, nothing more.

I wonder if this requirement was potentially expected and prepared for? If so, and I would expect nearby countries with an extensive E & P oil and gas industry such as Syria to be a potential source, how easy will it be to obtain the equipment quickly? The share price dropped I suggest not because folk think that there may be no hydrocarbons to produce (remember the high tech smelly vision logging!) but because of the perhaps unnecessary delay this is causing. I just hope the wait will be worth it!

A lesson to any company wanting to do business in Togo. Don’t bother! Hopefully we can move forward now and develop a decent, significant and profitable business in the US.

Yes best not to put the cart before the horse. If I was a Sheik in Dubai I wouldn’t rush to build the worlds next tallest skyscraper using this new product just yet. Perhaps the mechanics of mass production to ensure an adequate supply and further evidence of other product qualities may be needed to demonstrate its durability etc. I do however welcome this important progress and would love to see a recovery in the share price.

Another director top up notification. Pleasing to see. I topped up early yesterday and feel comfortable having done that. If the directors see the share as good value who am I to argue. 🤷‍♂️. I hope we start to get an enhanced news flow over the next few weeks indicating how the production rates are ramping up post shut down.

I just found oil at my local Asda using the smell test!

I rather like this new technique of logging by smelly vision. Science know no limits and this new method is likely to revolutionise the oil and gas sector. Divining rods will be thrown on the scrap heap at last. Real progress.

Thanks for doing that Robsky. Two of us in the family have Calidus in our SIPPs so the feedback will be appreciated.

A local BBC news item today stated that the company managing the Bilsdale site said the new mast will be back in use by the start of the summer. Job about done then. Well done to all concerned.

I’ve sent a direct email to DR concerning finding out about the cash raise via Twitter and not by a direct notification via their direct company email system. They used that to notify about the trading halt. Would have been sensible to give details of why the halt was needed the same way. I feel Calidus has lost its way slightly. I hope this gets them back on track.

Not news yet, but waiting, of the potential impact of the pending cyclone about to hit Western Australia. I hope Calidus manages to avoid too much disruption.

Thanks for the link. Useful.

Smithery, you hit the nail on the head. ‘………. around mid year.’ That would be roughly three months away? So what preparations are in place? Has the well site preparation been organised? Has a drilling contractor been signed up? It isn’t a question of phoning up the local drilling company guys and asking them to pop round before the end of the week. If the timing you indicate is to be met I would suggest that the planning would be quite advanced by now, materials on order (part of the critical timing path) and a detailed schedule in place. The other third party shareholders must be key players in this too. We will see. Whatever happens the outcome of that horizontal well will, I suggest, be very significant for the true value of the asset and the company. For that reason alone I would expect far more clarity and visibility if, as we are repeatedly told, they are going to unlock value for shareholders. Just my view. ATB.