Member Info for Surely

Comparing companies with peers is vital. So it is absolutely necessary to look at companies you don't invest in. Who is operating the most efficiently, are companies profitable across the sector, what is the expected margins in the sector. Otherwise how do you find the undervalued ones. I think in the interests of having a dig, you have not really thought through what you just said.

Waterflood requires expert planning, large capital investment (pumps, compressors, pipes, tanks), ongoing maintenance and ongoing surveillance. Of course it is expensive. More to the point though, if you can't identify any other company profitably running a similar business model (brownfield with waterflood), then no point accusing me of not knowing what I'm talking about. At any time please do provide an example. regarding Columbus , formerly lgo, never been profitable in it's ,what ,11 years existence either.

Eyeguy, claiming he was right ? really, lets see what he said. He said the remaining warrants were going to be cancelled on Friday. They weren't they were actually exercised over the last few weeks. So whatever caused today's popadump, it wasn't that remaining warrants had been cancelled. Eyeguy making it up as he goes along, and also claiming he has me filterd , yeah right.

Celtic, "Indonesia is a longer term play it is not the reason why we will become profitable in the shorter term" So yes you did quote that in March. It was at the time you were trying to shut down discussion about Indonesia at all. I don't understand your other bit about "quoting the same phrase" so can't comment on that

murphy, Waterflood is a secondary recovery technique and expensive, thus reducing profits. CelticHeart also posted the opinion that indonesia is unlikely to be profitable anytime soon. So not just me saying that. Perhaps if you give me an example of another AIM company that you know of operating a very profitable brown field site, and we can examine the bbls-d and how much profit it makes from it. That would be helpful and help me understand what I have misunderstood.

"none of your charts have been correct rosolanor" don't worry , I'm sure he'll post another asap, that's what the TA's do, one of them will be right one day. Aside, congrats toggers who were holding yesterday on your 10% rise, and commiserations to toggers who bought at 4.8 , currently 13.5 % down

Rexco "Hopefully the Indonesian investment will reap rewards fairly quickly and become profitable" I very much doubt that, in fact these little brown field sites are unlikely to ever be very profitable imho.

short interest now at 9.02%, going down

"The ducks are lining up..." On this board its the chickens that line up

Great to see the rampers out in full flow, bless them overestimating production overestimating revenues overestimating profits underestimating costs underestimating time taken to drill wells Happens every time, and has happened many times before just with Ntog

Great to see the rampers out in full flow, bless them overestimating production overestimating revenues overestimating profits underestimating costs underestimating time taken to drill wells Happens every time, and has happened many times before just with Ntog

Trinity up 10% , Tullow up 4%, other big Oil players up 2%, in a strong Oil price bull run RRL up 0% What is the market telling you.

19-Apr-18 15:23:46 0.24 100,000 Buy* �240 Just saying :)

Its a similar story with Stv, both could be good rebound share tbh. Anyone here ever compared them

took a slug on this drop

2re, the shareprice crashed because people only saw the debt. They didn't see that AA makes tons of Free Cash, and overreacted. The accounts release this week also described organic customer growth. You can't get better than increasing revenues to drive the bottom line. And i don't think the market expected that. They were expecting numbers to be down. All in all, we've seen a rerate from the lows. I'm not as optimistic as Billy though. I doubt this will get to 200 p any time soon.

Welcome back murphy, of course we can discuss Range. Two sells today, including a chunky 2 million one. Yet other oilers have been moving up with the Oil Price. Not a good sign for Range imho.

coe, the opposite, i said "will get more right than wrong", not just one

Drewky, Knowledgable posters who know the industry will get more right than wrong. So each to their own. Looks like Eyeguy is off in a cream puff because somebody is scrutinizing what he actually posts. That is a strange reaction.

So what's the latest Eyeguy prediction to look forward to. "Recently Eyeguy ... end of the warrants this week ...will result in a rebound in the SP" ok, looking forward to that one.