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Daz, regarding your other question "Ramper?!?!......Are you able to demonstrate where I have ever ramped before, or was that just a tactic to falsely portray me, or anyone like me, as an investor in denial?"

No it wasn't an attempt to falsely portray you. For example here you are ramping away on the 9th Apr, although there was plenty others to choose from.

Daz "with results coming next week, and a hint at something seismic in which to shift the SP northwards, folks have less than one week to jump in, with a potential huge rise through the duration of the pre news countdown. Blue skies ahead fellas....can't wait to see what'll happen once the news is announced. We're gonna be flying next week!...."

Daz, the shallower the well, the less the reservoir pressure which drives the production. So a shallow well in that part of the world will be lucky to get 150 bblsd. So more than an educated guess, I'm afraid, its the laws of physics.

Daz, can you define what you mean by "work out". I would say a very , very good result for SWP would be 150 bbls-d in the first well. But sorry to say even that best case scenario that will not get you close to a 500 MC company in 3 years, even if you drill a few of these a year and we assume (wrongly) that each has a 100% CoS.

So yes you are also being delusional with SWP.

Daz, production dropped by over 10% . If that is described as "slight" then I don't even want to see a "moderate" reduction.

Leo has missed this target by a country mile. Implying he missed this deliberately because oil prices were not favourable, is nonsense. And it is something I can't understand about rampers. It is your money and your investment, you only hurt yourself by hiding.

Do you agree he will miss his "500 million MC" in 5 years by an even larger margin, given that after 2 years it now stands at 23.5 ?

Daz, Regarding point 1, Leo has missed his target of 1000 bblds by end of 2018 by a country mile. And in this respect I can't see how he has performed that much better than Ritson to be honest.

https://www.thisismoney.co.uk/money/investing/article-6936433/SMALL-CAP-MOVERS-Online-Blockchain-taps-gamers-bid-boost-Bitcoin-mining-profits.html

ross, what will you estimate the cash position to be at the H1 half year stage

Volume and interest up another for another day. Take off soon.

Chesh, do you think it could go lower than that ?

I'm guessing this could drift down to 2.3 maybe, unless Leo gets some news sorted.

mike, spread is too wide to make 10%, and there is no volume so traders aren't here yet. But they will come.

offerman, it might be a little more than 100 IF they hit oil, but it won't be near the range of 500-1000 that you were quoting.

This will rerate once the traders arrive. Best to get in early

offerman, a shallow well will never produce 500-1500 bpd. Lucky to produce 100

Got to rerate sometime after those results.

Next news will be what. The full year accounts in June ? I watched the interview. Leo is saying second half for the first drill and not explicitly Q3. I would imagine the SP will drift down again, if he doesn't work on the newsflow.

Well if that was a positive RNS I certainly would not want to see a negative one.

I would think the SP will fall back into the 2s tomorrow. The bopd average was a shocker.

limo, what is positive in the RNS ?

Average production down 10%, cash down, SWP not happening in Q2 and that's just the bits I've read

ptrotter "topped up at 3.2p now maybe top slice at 7p tomorrow"

really funny going through all the comments from the rampers now.

Can anyone beat trotters "top slice at 7p tomorrow"

I would sell that news. Average Q1 production down.