Member Info for somm

Crunch time is looming with less than 2K barrels of fluid to be extracted (30% fluid extraction target) before connectivity to the reservoir is upon us, less than 10 days, imo. I'm expecting an update next week on how many more barrels of water have been extracted, leaving approx. 1,000 left to suck out before oil mentioned. Though it could be a bit tight if no oil molecules are mentioned in the next RNS (1k barrels to 30% target) to the next one the flowing week or so. I'll probably sell out if no oil mentioned, surely one drop would have gotten through by then, doesn't have to be flowing, right.

...about 10 days if we have oil or not. imo. ''Total fluid returned for the entire flowback operation, including last year, is now 6,353 barrels or 23% of the frac fluid injected vs a target percentage return of at least 30%.''

Ok. Just looked, 460m shares tomorrow. What's 40m

Brom, I thought it was $12-$17 million being raised? Divided by �0.0210. What do you get?

Expectations: First well vertical 100 bopd, second well horizontal 1,000 bopd is memory serves.

Does anyone know when the new 500m shares are expected to be issued? Thanks

''the new ordinary shares will be issued to new and existing investors at the issue price of 4.5p.'' So when can we expect the new billion shares to be issued for the $55m / €5m E4D swap? 3p soon.

Am I right in thinking the $55 million (£44.5m approx.and €5m) E4D will create around 1 billion new shares (€5m)? If so, when will they be issued?

Perhaps, but with E4D said to be at 4.25p (another 25% down from today) and at least 1.5 billion new shares soon to hit the market I'm not too sure we're any where near the bottom, I expect there's a much bigger dip on the way, but not a prolonged one.

I'm expecting shares in issue to be around 2 billion after dilution, and the SP to tank to around 3.5p. Any thoughts on say $70 million D4E?