Member Info for smasher

Surly if what casp are saying that a turnover of 416 million and profit 363 million and they get that for I think I'm right in saying 29 years then that's a 10 billion pound asset without anything else added to that thereafter. I don't get this 2p per 1000 bopd . That's roughly 34000 bopd over that time frame. 68p a share I think not

It looks that way to me or why bother. It would look pretty good for the Zimbabwe government to open it up and hand part back to the us, it would show they mean business.

Keeping in the background . Yum yum

Disappointing for Char this morning and goes to show what a nightmare oil companies can be. Bloody pleased we got oil and just need to find the best way to get it out. News soon on that front and let's hope good after last time.

Surely if we get the 3 deeps flowing at 8000 bopd and the shallows as it stands that's nearly 11000 bopd so come January that alone profit is roughly 145 million a year after all taxes paid . If they get the 3 flowing without mishaps on a steady basis I would like to think they have cracked how to drill and completed the deeps at last. That changes everything and the market will respond to it knowing more deeps coming and one any day plus in fill as well. We will find out very soon on the first 2 deeps.

Well come Monday will be into the 7th week of work on the deeps. 801 and A5 must be completed by now surely or very close to it . Just hoping we get a few Rns and not just one big one. If both are flowing and go on test you've got to be looking at over 20 plus especially if they are flowing between 7and 8 thousand bopd for the 2. Looking forward to fingers crossed all the good news especially after the last bit of news. Let's hope news next week.

We will most probably get news saying A5 has been back on testing for a few weeks and 801 successful but waiting for high pressure testing gear as we forgot to order it in Advance but have been assured it will arrive by Christmas at the very latest. We have also spud a couple of wells but for the life of us we can't remember which ones or where they are at this moment in time yet we have every confidence of finding them soon . CEO. comments Thanks for your patients and understanding while I finish my steak and ale pie and loosen another notch on my belt. It will take time for my food to digest sorry I mean the market to digest this news but we should see good movement soon in the share price and talking of movement .......

So working on the deeps come Monday for six weeks and we haven't one single bit of news on how any of them are proceeding. I'm getting to understand why you long term holders get so frustrated with this company. If it's all good we are in for one hell of shift in the share price.

Loaded absolutely loaded.

Must be close to 801 sidetrack being completed if not already done plus A5 being cleared . Could be hit with a barrage of good news any day ( fingers crossed ). I'm in I'm loaded I'm ready. Excited you bet I am.

Assumptions Domestic price per barrel US$20 World price per barrel US$70 Net world price per barrel US$40 Conversion to full production status Jan 2020. $'M $'M 2018 2019 Illustrative income 100.6 416.8 Drilling costs -39.0 -43.0 Infrastructure -25.0 -10.0 _______________ 36.0 363.8

5 Weeks Monday, can't be much longer for news on one or more of the deeps. Come on you beauty and catch a load out.

Well we know a lot of news coming over the next few weeks on the deeps that's for sure . Good news on any should shift this .

Just looking for the 2000 bopd from 801 and anything more is a huge bonus for us. You would like to think we will get an update on both very soon.

Does or has anyone asked why the sidetrack of 801 has been extended by over double the original length . Do we not pay for experts to work out what's needed to bypass the problem only too out of the blue extend it without a reason behind it, were they that wrong in the first place as that's a bloody expensive mistake by them is it not. Does others here think it doesn't sound right .

So it took 3 months roughly from starting sidetrack to the beginning of 90 day flow test on A5 of which a month on waiting for high pressure testing gear to be set up on site so do we think around the same for 801. Casp mentioned it should be done quicker but obviously have extended the drill depth of the side track ( or have they ) which is not far of the same as a5. A5 and permits needed should have been done by end of March so if coffeecups is correct in how it will proceed it should be a relatively quick process should it not.

4 weeks will have passed Monday so you would like to think news very soon and personal hoping we get news first on 801 and it's been successful followed by a5 is clear and resuming meaning 90 dayflow test then a week or so latter 801 on test. Just wondering if they have got the high pressure testing gear for 801 instead of waiting for a few weeks like a5 .

Could I do a better job than the bosses, well actually I can't do much worse can I. ( billions lost on the share price and let's throw in the Italian Fiasco as well which was only 500 million) .

Absolute they do lamtree but you have to agree the work force has done a brilliant job in adapting to that change on a regular basis. I firmly believe it's the managment that's stuck in the past . Who makes a 500 million pound f up and keeps the jobs.

I'm sorry but you are wrong on so many fronts.