Member Info for Surely

Agnetha, You are very knowledgeable about the history of this board and yet only a member since 20th March. How come ? It's also very amusing to hear a "member since 20thMarch" talk about posters reincarnating themselves. Anyway regarding your forecast and the bet, well it's a lame excuse, so I'm happy to take the bet on myself.

sorry April/May 2018 , should have said.

Rainbow, "Surely, are you referring to May 2019 " no it is April/May 2017. That is the target Agnetha thinks is achievable, after doing his research.

CH, with all respect , you will say and make up absolutely anything, and so it doesn't surprise me to see you argue that black is white. But let me explain for the last time Depletion is simply the removal of Oil from the reservoir. You cant replace that.. Injecting water does not replace the removed DEPLETED Oil. Maintaining reservoir pressure through water injection does not reverse the Oil Depletion. It is simply reversing the pressure decline that has resulted from the oil depletion.

Agnetha, unfortunately it is yourself that is not quite understanding and confusing concepts. Let me explain again. As soon as you remove a volume of Oil from the reservoir it has depleted by that amount. Water flood cannot reverse that absolute Oil depletion. "Depletion rate is the rate that the oil reserves are reducing " "Decline rate is the rate that production is declining " Hope that helps. Sorry also to say I'm pretty sure I'll still be posting after May. Indeed I can see why you haven't taken up your side of the bet, and made a lame excuse instead.

"he has the same expertise as yourself" Agnetha, thanks for that ha ha, yes I really don't have your extensive knowledge about RRL and waterflood. So just for you I'm going to take the bet on myself. If RRL are over a 1000bbls-d by end May I will not post here again. (btw As soon as you extract Oil depletion occurs. Because depletion is simply the removal of oil fluids from the reservoir. Waterflood can only delay the depletion rate, it cant reverse oil depletion like you are thinking )

Athnea, perhaps you could clarify your statement "1000bpd seems achievable by April/May" Is this based on "guestimates or direct knowledge"

slip, Your responses are embarrassing. Every one of them. But good luck with your investments. I won't be engaging any further with you.

Steve, by "junk" what do you mean. AA bonds trade a full par in the debt markets. Meaning that they aren't worried about AA's ability to pay them back.

CH " I believe we will close flat again today. " I believe that we will finish down. I stated this view yesterday: "Less than 8 million traded at close, so the perceived rise is overdone IMHO especially in light of the after hours trade 2,272,286 Sell* 4,590O posting a strong sell, because at this price it has to be. Just my view of course" Athena, please keep it on the topic of RRL, I will not be bullied.

slip, i'm invested in both, because they are both good shares. What seems to have happened is that me mentioning that i "sold" a few has upset you. I have long term and trading pots for both. It's a good strategy for these AIM companys. Regarding Hurricane , there are quite a few there who have very large pots. I was merely curious about how they spread their risk. Why so much in just one share even if you are convinced. No offence intended, no recommendations to buy and sell. So I dont think i'm being a DH. Just some are very "precious" about the shares they own. Never a good idea.

ha ha that's not telling people to sell hurricane. Post the rest if you like. You are being a muppet.

what ?? please do paste the post where i said to "sell Hurricane" ( But yes i did say buy Blvn when it was 30p a few weeks ago ) fyi, i am currently invested in both. I just took some profit from Blvn after the 25% price rise. Nowt wrong with that. And so far seems a good decision.

CH "Buys going through at 0.2 (Full ASK) again now" Buys are going through at 0.1984 , which is not the full ask. ( I guess we are just now trying to forget the post about the "Resistance level of 0.224" , good idea )

Athena, please stick to discussing Range. And not me. The "ha ha " was a reference to an utterly ludicrous misleading post. Have you no views on that instead of me.

CH "our Resistance level of 0.224 back in January has now become our support level." All buys and sells today have gone through under 0.224. Seriously what are you talking about ? ( In fact the bid has just dropped to .015 ha ha , talk about misleading other posters )

i took a tranche off the table yesterday, the buyer has disappeared for now.

Volume has just died in the last two days. Strange

athena, that's what bounty said, didn't think i would have to explain that to you. anyway, why do you think nobody has taken me up on the target bbls-d challenge. With the targets that you set as well. Goodness all that research and nobody has a target that they are willing to stand by.

bounty, "I try to be arguably the most balanced view on here," thanks for the laughs bounty, that made me chuckle. It is certainly not my view. ( btw, you do realise that CH thinks he is balanced too ).