Member Info for steakpie

Next month sounds interesting and this will add an interest and oil in the 80s as l speak ! OPEC could cut output and just needs share price to reflect improvement in production now .

It would not go down well if not presented so presume that is not an option ?
Let’s see

Unfortunately away in Barcelona so no for me !
But l hope that there is some juicy news ready to attract some interest .

Gritstone ! We can only hope for a Christmas cracker as lm just trying to put a positive stance on things for holders here ! John do the best !!

Why ?

Calm before the storm Maybe ?
Bottoms up in my opinion ! Share move l mean !!

Update given and nothing negative so far ! I am just listening to RNS statements as these boards and posts are just not where we are at .
I’m ignoring the past till the results are here and as l said many times show me the money and l will wait .
If good and flowing above expectation this will be a popular punt and price will retrace for many and that is my angle on situation as it stands .
What l do then I’d dependant on good or ok news .
Till then just let’s tone Down the negative till proven so just speculation .
My opinion

Well lm banking on the above statement , feeling good rates and further news on additional drills at Cinnabar ! In my opinion given gone quiet and slow trades , Mm need news to shift these and with nothing new for now hence the trading slow down to nearly stationary ! Once speculative we should quote should move depending on how good the news on flow rates are . Here’s fingers crossed ! John good one please .:))

I’m hoping the flow rates are as expected and the next weeks/ months will hold good news for share holders as l think the market has had there share !
Cinnebar could be the stable wells we need and then would justify site work and income increase , any thing else to me is a bonus well overdue in my case .
Here’s hoping and expecting news ASAP please .

So. Now with the placing done and the list from RNS on the 27th Oct mentioning
2. The cost of bringing the Cinnabar-1 well into production, including a new flow line from the wellhead to the existing production infrastructure;

3. Refurbishment and upgrade of the existing production infrastructure;

4. Progress the examination of the feasibility of workovers at Arco-Fee G-1 well ("G1") and Arco-Fee G-2 well ("G2") to increase production;

5. Commence planning activities in respect to the next Cinnabar development wells;

So of l read it right we should have report on production and the ability to start up G1 & G2 as both have been drilled to depth of 10000 ft ?
Question would be cost of producing from G1 & G2 and is there any allowance in placing for that ?
I am after the ability to produce a higher share price and the above with consolidation in the near future is the way forward .
This is dependant on the above being good to better or excellent .
Aus potential l have not included as l feel that is speculation till title agreements have been agreed and we are in a better position to be included in the whole exploration thing of sorts .
Date for the above would be appreciated BOD

Back to my posts and vote for consolidation to raise price ! No pain no gain !
Too many shares and players just do what players do!
That is my opinion though and what do l know .

We seem to be stuck somewhere between A and B ?
Churn shares and news on flow rates when confirmed , this is just stationary on prices M/Ms are showing .

He is over at CINI world doing his worst ! Although he will tell you otherwise as he is warren buffer !!

Last post was to read do you have a positive vs negative

FD
In reply to your reaction to my comments l don’t use the term crooks and if l feel l need to comment on my investment l will on an open forum , my point is clear l have lost 85 % of my investment and this is due to dilution and l voiced this many yrs ago . End of that point .
I expect to get it back as to why l am here but share price rise to a dilution is not a fair playing field to none assuming investor of which l am .
Rise on production is the only way l see my investment will return to original but daily churn rate are just loosing me any chance of that .
Do you have a negative on current situation or a comment on what will return profit to investors ?

Great philosophy not so on the delivery !

Interesting point is Da Gee the placing with these cowboys who are making more than the company l would imagine , had a purpose at the beginning as the risk was 100% but last few yrs we have income from operations so why are we still using Friday loans company ??
Structure of income and expenditure l would imagine does not meet the criteria for more reasonable rate company ?
Bod need to address this to reinstate share holders value which has been lacking for yrs and l can voice this as that is why most have invested early !
John is a certified accountant but if he looked at my investment performance he would advise what ?
Need stable borrowing and growth NOW

This is why l have been banning on for yrs re production growth vs cheap confetti !
Well managed loans are the way to go if you have the resources that is the key to any investment !
Funds are required but we must surely after yrs been able to grow away from Friday loans !!!
Bod let’s see the self funding growth and give investors a return they deserve it by now !
Big RNS awaiting ?

Agree and expect the price to move with associated RNS on official news by BOD as and when .
We require news on results and numbers not hype !
Mag does get overexcited on most share movements whoever CINI or others .

The drills financing must be related to production income as you say , so the planning ie drill allocation and negotiations with drill operators is key to moving on to a stream line operations .
The EP145 needs to be again structured as the shelf it is sitting on is bending , again negotiations have gone on for yrs so ,maybe give the local land councils a part in the success if that happens ie small percentage as a sweetener .
This is what BOD should be acting on ASAP as this is the millions that we are talking about , and before any one says but this costs ! We need to separate EP145 and either raise through IPO or other option.
If the above is not possible we need to decide what is our growth prospects on actual number as soon as they are available to keep investors in the mood .
Here’s hoping for big numbers