Member Info for Shakeyerbooty

If we get assets under management of say £100m,then our 2% plus recurring revenue at a P/E of say 10 should give us a price of around 20p.We can all work our own figures depending on the size of contracts and that would just be the first.Great potential here with Danny Swick at the helm.

Well,let's take 750bopd (25%) x $65 net profit x 365 =$17.8m (£13.6m) approx.Assume P/E x10 eg gives m/c £136m divided by 382m shares gives a share price of 35p with Brockham to follow where we've got 65% and a production licence.So easy to see that this is truly undervalued.

realise how big this is.This is just one horizontal from one Kimm layer at Balcombe.It looks like Nutech were right and there is a humungous oil basin in the Weald.When a CPR is eventually produced it will prove DL &SS were right and those SP idiots were shown to be idiots.Where is Djmtrading91?

Operations completed safely to the highest standards.Had to reduce output to 3000 bopd because of limited storage capacity.What will it flow when adequate capacity is there? Onshore UK with costs low and oil prices rising.All this from just one Micrite layer.Brockham next where we have a production licence and 65%.Now we know what normative means and it's true that horizontals produce 3-5 times a vertical.Energy security for the UK beckons.

All this from a single Micrite layer as well.Something tells me more people will now stay in for Brockham.

UNBELIEVABLY FANTASTIC! What the hell will Brockham produce?

Given that HH flowed 901bpd from a 88ft vertical,I am expecting a lot more than 1000bpd from a 1700ft horizontal in the sweet spot.JMO.

What do you mean imac1? Still no news? You got news yesterday,jeez!

So,if all permissions received last Friday,is it possible that the flow tests commenced Friday p.m or Saturday? If so we could be on day 3/4 of the test.

Djmtrading91-you should replace the j with an i.

One would hope the market rewards a producer bringing in revenue more than a company that doesn't.

that straight after Balcombe,we move onto Brockham and hopefully into production.Very dangerous to sell on Balcombe news here.

Moving up nicely.

Well,if you don't give a FK,why are you bothered where he is? He explained it last Thurs.I believe he is still posting on Twitter and still accumulating,but obviously you're not bothered.

So,it looks like Sigma were selling.Who the hell took the share in the placing?

He's already said he wont be posting here for a while.Stop stirring euclid55.

It will be interesting to find out who the new shareholders are.As far as existing,I reckon Sigma have taken a further tranche as presumably they were finding it difficult to buy on the open market.However,I wouldn't expect things to happen before October 1st,but you never know.

Not necessarily flame.GKP placed and then announced the Shaikan discovery a day or two later.It looks like things will be happening near term here.Patience required.

One rumour started by Diamond Horse on Twitter and suddenly it becomes a fact.What a joke.He openly stated he opened a short recently.These people really need reporting to the FCA.

Hmmm-the same thing was said on Angs by TW and BMB who have subsequently backtracked saying it wasn't true.Blatant market manipulation.However,if it is true,it makes a mockery of those posts saying ALGW had declined the offer of an II placing.Not bothered either way as it would provide more liquidity and cash in the bank to conclude more deals.I think this is a case of whether you believe in Danny Swick or not and with his track record,I am happy to believe in him.