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if I had a choice of drills over the next 10-14 days, my money probably wont be here, it would be in I3E with a 90% COS, warrants being sold and price utter madness, broker note £5plus, 3 drills in 70 days now. 90%/72%/70% COS.
after the falling here, I have to echo Mikes post im afraid.
many more safer bets, UJO, I3E and even bloe.
problem here is its s h I t or bust, no in-between and COS aren't encouraging and 30% drop off in the last week or so.
remember market knows first
GL all those still holding, I am now out im afraid
I bet no one picked up on today’s interview either that with planning approved on Wresstle it brings an instant £3.5mil cash and turns the business instantly profitable did they? ;-)
Two months and free cash rolling in
Remind me, why are we 0.30?
Best guesses on suspension? (Before we start seeing activity on site again)? Would have been nice for the interviewer to have asked ;)
Got a house move and wedding end of next month and all my eggs are here! (Stupidly some may say!)
Widows I guess it’s now a case of when they feel comfortable to announce those rates. I would be surprised if they had market accurate rates after only a few days of testing, so would expect another few weeks yet if fins adjustments of chokes etc,l
Seems the market is waiting for flow rates and/or a new CPR to push this to new highs.
Todays news superb, but I have a feeling it will be flowing and CPR that will be the catalyst, and I assume they cant flow anything now until post the 11th September when storage tanks can be brought it.
So could easily be well into October before we have an official news on flows etc
The panic has been set in by those spending the last two weeks convincing the world oil is a slam dunk. Thus led to reality disappearing from what we all set out to achieve was the gas
I said this a number of times. People setting expectations and perception based on speculation, and what they failed to see is they will now (potentially) damage the share and their own investment
There’s being excited or positive, and there’s plane and simple blinkered ramping and calling people out.
As I said all along, if people had been adults and sensible we would still be in the position whereby people see oil and a bonus, and the share price would be very stable. As it turns out, if bad news on oil does land, the share will likely take a heavy fall as naive bought in on the gangs dead cert mentality
Fingers crossed it’s good news. If it’s not then some on here need to learn to keep realism, sensibility and allow debate
(Side note has been better here the last week)
How? They look identical. Track each pipe and you’ll see. Exactly the same piping, positions, markings, added to which why would you have two separators arrive/removed. They are the same it’s just trick on the eyes with one being a lovely PR photo and one a working on site machine
Not buying the separator too small line.
Imo Rathlin wouldn’t apply for planning for more storage and then bring in a separator way too small for the job...would be a bit of school boy error.
Imo it’s either as pboo has stated, oil a no go, why waste time, crack on with gas (which we have seen flare).
Or it will be something amazing.
Can’t see a half way house, especially seeing as we are so early into testing