The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Thanks petrol. It is good to share knowledge and for everybody on here to learn, rather than make false assumptions based on ignorance which is the modus operandi of many.
So, when you say "Perform well test", when do you think that will happen, or has it been performed already in your opinion?
Everybody knows what a slick line is. That wasn't the question.
The question is ..........what is the testing sequence, if it was initiated last Thursday at the latest. I am assuming that there is a standard sequence. You don't appear to know the answer, which is OK. There are plenty more qualified folk on this bb who will know.
Why doesn't it give any information? The main information (which you might have missed in the two sentences) is that testing got underway on or before last Thursday.
So the question, to qualified people such as ddboiy, Soundingoff, Ducati etc, who understand the testing cycle is where on the testing cycle might we be. I am assuming that the testing will generally follow a standard sequence, unless some problems are encountered.
JP's reply to an investor was:
"Hi xxxxx.
As we announced the operation on testing (it starts with re-entering the well with slickline as the first stage of the test programme) is underway. The initial phase doesn’t require all the kit and it is true there is a phasing to the delivery schedule.
James "
the well was re-entered with a slick line last Thursday (at the latest........could have been earlier), where in the testing cycle do folk think we now are?
Threatening to beat up a woman might be a "bit of fun" in your household, but it certainly isn't the households of civilised people.
"perhaps because as you suggest they could be underwhelming and open to misinterpretation "
By folk like you, who has just posted another interpretation based upon no substance whatsoever.
"If they'd stated at the outset that results would only be issued on the completion of the entire programme I'd be happy "
They have already told us what results to expect and approximately when. The Company cannot me held responsible for folk not being able to read and understand RNS's.
"I've seen responses posted here on other questions with excellent detail but mine have been nothing but evasive."
Dry your eyes.
I will join you for a few drinks at the LE trellis and help celebrate your recovery!
Trellis, your last post was almost as nonsensical as your posts pre The Events. Good too see you making such a good recovery
It is precisely BECAUSE this drill is so important to the royal family, the government and, more importantly, the country, that leaks will most certainly NOT be allowed to happen.
Is Fell talking about her old man? Blimey. I'm not surprised he needs something to excite him!
Stupid Jez. Do you know where the Company RNS'd commencement of testing? Illiterate Jez. Could you tell me where I said unstimulated results will be released within 2 weeks? Will leave you to search. But I have much better things to do than to chat with somebody like you. So please excuse me.
"Shaun - if the unstimulated results don't come within 2 weeks, may I come on this bb and call you a numpty?" Jez. Are you illiterate as well as stupid? Where did I say the unstimulated results will come within 2 weeks? You numpty.
Ziggy. Thanks for confirming that we should listen to official Company communication as opposed to a penniless, middle aged, baldy who is living the dream with his equally unfortunate brother in a grimy bedsit. So to confirm. Initial stimulated results within two weeks. Very exciting times!
"Shaun,
I disagree with your supposedly clear statement"
Jez. I am not in the slightest bit interested in what you agree with or disagree with. Thanks anyway. I think.
Blimey. Folk seem to have difficulty reading a very clear, unambiguous RNS. No wonder they struggle so much with slightly more complex matters....matters that require a bit of thought. The RNS states (very clearly) Initial stimulated results will be released end of March. Will possibly be delayed by a week now. The RNS states (very clearly) Final stimulated results will be released end of April. Will possibly be delayed by a week now. Is the above clear? I wrote as slowly as I could.
HT. Anybody who THINKS we will get FINAL stimulated results first week of April is a raving idiot.
How many more times do we need to go through this?
"I think we will get final stimulated results 1st week April"
No we won't. We will get INITIAL stimulated results 1st week of April or earlier.
FFS, give it a rest everyone. Rather than spend another day posting rubbish, try and find something more useful and healthy to do in this nice weather.
Thanks WTD. Not sure that means that testing hasn't started. Is the piece of kit required at a later stage? In any case, the results RNS said that "testing is underway". As usual....more questions than answers...