Member Info for Thebhoys

Good morning all
Malcy is right when he says it’s a 5 bagger at the moment because it is exactly that. The presentation slides has it down as a 4.4x earnings. All those invested will reap the rewards soon enough if C.H/BOD are allowed the time to get us to that mid tier oil producing company that we should be. I’ve been part of this company for many years and no one has been produced and the belief, the seismic data and previous production tells us that wonderful quality of oil beneath our feet and all we need to know now is how many millions/billions of barrels that there is. For those willing to sit it out, be patient will reap the rewards when we are purchased by a major and I still believe that major will be BP.

Islandgirl
We will get taken over but when that’s another topic. I think it will be in the next 12 months, obviously depending on C.H getting the drills completed and production estimates. The porosity/quality of our oil is excellent , hence why BP jumped in and purchased 50%, and I still believe it will BP that will buy the company. It’s just my opinion.

Setanta1
I have read your thread multiple times and it implies that we were not told the truth that the Paradox would not produce oil. That’s completely wrong and I reiterate that is not the signs of a person invested. Purely because it is false.
I am not the only one that has picked up on that Setanta.
V111, indi.
dsrt2012 what do you think they have been planning and what are they doing?
We’ve just been given the permits. What is it about individuals that just wants to be continuously negative when there are nothing to be negative about.
What else can C.H say about 16:2 that he hasnt already said? Nothing that’s what or at least until the drilling is complete and we get confirmation of what can be produced from the well.

Setanta1
I never implied you said that, it was Armada.

Armada
The last time you added out to this forum you mentioned that no one is buying because of Williston then why are the buying if it not for the core assets. I purchased more because of the core assets. I know several individuals that purchased because the core assets were valued at more than the 4.4p they bought in at. Th e value of our core assets are 6.4p to 7p approx.
Did you have a look at the presentation. The value of our possible assets given by C.H are a very conservative 4.4x.

Setanta1
Why are you spouting that nonsense, ‘if they can’t pump oil from the Paradox we should have been told.’ Why have you even posted that nonsense. What is the truth, truth about what, they couldn’t pump oil that’s scaremongering.

Volumes are subdued because most individuals have got their quota. I do not believe it is to risky as the company has spent the last 4 years de risking with the 3d seismic all up to date.
All we need is to get the drilling done. There is oil there what we need to know is how much.
Let’s hope it’s a billion barrels..

P

What’s the feeling on the up coming webinar guys and do you think it will happen next week?
I’ve got a feeling that it’s going to be Thursday/Friday. I have emailed our wonderful leader to get an update, if that’s possible of course, because it’s overdue. Do you think he will wait until after spudding?

Papaduke
No negativity taken, it’s right.
There has been many hold ups but whilst we were waiting on permits and contractors etc C.H was conducting business to continue moving the company forward. When he purchased the infrastructure, pipeline, the extra acreage was absolute genius. This shows how eager and professional our CEO is when it comes to our company. The strides our BOD have made are nothing short of marvellous. We will reap the rewards eventually. I have just under a couple of months and believe our CEO will deliver the gods by then.

Chain
I agree with you that will not sell until the wells are drilled. C.H made it quite clear that nothing is off the table when it comes to moving the company forward. I think it was Kennymac that asked the initial question. That said I believe he will want to maximise shareholders value, thus increasing his own but I believe he will not let the company go until it is many multiples above the present SP. We are sat on a company that has many years ahead of it, that is only based on non core assets and then we have our own production. If I was in CHs shoes would Waite until the company is at least 10-15 times current value before considering a takeover.
What’s your take on a reasonable value?

Papaduke
I have been very fortunate with my holdings in the company over the last decade. There were many investors who lost a lot of money but as you know time is key, attached with a little bit of fortune of course, but when our previous CEO decided to step aside and arrange the present BOD headed by C.H, I knew with all seismic data that we had, then forging the present partnership, which C.H arranged, I knew the management meant business and what a wonderful business/company it is going to be.

Papaduke
The only issue I have with C.H is when the SP was at 7p he should have incorporated the webinar which would have carried us midway 7p-8p. The drop in the SP is not justified but it never has been. The MMs know that day traders will always be here, which is their right and don’t seem to do to bad either, and help their cause in buying and selling on the day thus depressing the SP even though buys outweigh sells.

Ezhik
Thanks for the kind words my friend. As you know I have relations in Michigan, cousins, who have an interest and he said that news on his front is very positive. Although we chat frequently, enjoys being part of our company, is building a nice holding, I tend not to discuss what we discuss purely because if it is mentioned on this forum it seems to cause other individuals to start slating me. So it’s better left alone. It’s always nice to read your threads pal.

Geentee
I need the cash to finish a project that was started. The contractors gave me timelines for funds to be paid and the 7th - 14th Jan is the deadline. I was hoping to hold 250k but that’s not going to happen due to escalating building costs. The SP will determine how many is being held but it certainly is not going to be that many. I recon around 100k. I’ve had a fantastic run and it’s thanks to C.H/BOD/ partners for helping me begin preparing for my retirement 3 years sooner than expected. Papaduke knows how this has been possible, he has kept his holding and knows the profit, I decided to use mine.

Ezhik
How you doing? I must have been writing the thread when you posted. Brilliant sense of humour my friend.

Geentee
All credit for mentioning Ezhik. It doesn’t surprise me coming from Ezhik either because he’s a knowledgeable guy, good sense of humour but more important, a decent guy and addition to the forum.
Don’t get wrapped up in the present SP as this will change when we get the updates and hopefully an interview with C.H in the coming days pal.

Bubble
There is around 1.1 billion shares in free float.
Maybe I am not grasping what you mean pal.

Good morning all
Yes it’s a nice start to the day Tyndall adding 0.8% that’s another 12m shares.
That does indeed send a message.

SCE2AUX
C.H hedging our production for 2years was a stroke genius, especially when a barrel was costing the company on or around the $16 mark. The management team have been chipping away at deals but when they came up with the deal on the pipeline that was priceless to say the least.
Let’s hope that drilling runs smooth and we get continuous feedback, progress reports up until Xmas week with the usual very well executed webinar to boot.