Member Info for Splice

Scenario:
The next RNS says: drilling has resumed on mou-2 and they have switched out the mud/ chemicals to address the encountered issues.

Where does the share price then go?

Keep in mind we will then know there is likely a good top seal and they are close to the predicted pay zone. I think it would actually be more derisked them before.

Anti ramping message: it's possible they have encountered mud / issues they can't deal with and there are further delays.

Does this derisk the top seal component of the COS?

We have seen a reaming, that's for sure. My sense is they solve the mud issue based on what I've read. Not dumping my stack, going to wait this out.

Name I stand corrected, good point. What I mean is people vote for politicians with stupid plans and they get stupid policies. Ireland should be looking at modular reactors and nat gas if concerned about carbon.

Climate Change is followed with religious fervour. You could argue that it has replaced organised religion for many. However much sense securing nat gas makes for Ireland, they will only do the sensible thing after they have exhausted all the other options. People get what they vote for.

Nige, I think some of the satellite cameras are thermal and can pick up heat

I bought a small position in early 22 and sold when it went south because I didn't like it. The 3.5 was a long time ago and I never owned back then. When I said I was waiting for 3.5 it was because I was waiting for 3.5.

I change my mind all the time. If it hit 3.5 I would have bought and that was based on Trinidad. I never got in and went onto something else. It would have turned out great for the wrong reasons, I am usually very lucky.

Did I post that?

Bob it's best we don't go down the 250mcf rabbit hole, I can't quite handle it myself. It's around the current market cap in revenue every 10 days. This is an hyper-extreme bull case.

If they end up selling 250 mm cfgpd, the smallest holders on this board will be millionaires. I would love that to happen but think that is obviously an extremely optimistic best case.

Expert views are interesting to read. But frequently you have two experts with the opposite opinion. We saw this with aspects of covid. What do you do in this situation? For me the only answer is I we need to follow my own Reason.

Trifle don't forget Grf-1

What the chance of success?

I have done the calculations

Flatheads running in the garden

Trust in Nigel

SOB
SPLICE

Anti ramping message: there is risk attached to this stock (operational risk, geological risk, commercial risk etc) but I honest believe mou-1 / mou-2 are both successes. Grf-1 is part of this and the results from mou-1 previously is also obviously a big part. I just like the bet here.

I am against ramping but I will take 100p

Adult diapers solve this

I don't think the market actually knows anything in this case, the volumes is terrible, no conviction either way

Majestic dogs

Few know

Some have done their research

SOB
SPLICE

Agreed trifle, it's a risk reward calculation everyone needs to handicap themselves. For me it's very appealing and I need to be part of it.