Member Info for Thebhoys

KP4
Sorry for got to wish you all the best my friend.

KP4 (chairman) and to all my other alter ego’s.
Todays update is welcomed and will help calm the nerves of those individuals that thought it was dragging on a little longer than appreciated.
We are now starting to climb that mountain and in the coming weeks should see the SP rise and the market’s perception, sentiment should change in the companies favour, not before time at that, and get us to that $b company status. As I have said many times thank to C.H/BOD/partnership for getting us to we’re we are and what we are about to become,’A mid tier oil producing company.

Even if a major showed an interest, in my opinion, I believe C.H would be against it as he will want to get the drilling, that is required, to be completed first. Make no bones C.H is very confident that this play is going to be be transformational to our company. The BOD have been in the game to long, over 100 years experience between them, not to know the signs that this is one helluva prospect with tremendous upsides.
All I can say is roll on the Zephyr Juggernaut and get us to that promise land of Black Gold.

I believe it will be higher Islandgirl.
I also believe that those holding midterm, 6 months, will get their rewards and our company will be a mid tier oil producing company with a product of very high quality/porosity, which has already been established, that will always be in high demand. What we need to know is the quantities to which our company has access or is being stored ready for extraction under them Utah h plains. I don’t know about yourself but I’ve always felt very confident that this is the best investment I have ever made in my 30+ years of trading. Let’s see what happens from here on in.

Islandgirl
I understand we’re you are coming from but plans have been laid out, promises made to my partner and it’s time to honour those pledges. I honestly thought the SP would be considerably higher but I’m happy to settle with my gains.

Good morning
V111
Always a pleasure knowing that you are still slugging it out. When I see your posts it takes me back to your post on the 11th of October which I found entertaining.
For those that never had the benefit of seeing this particular thread I will copy and paste it.
It sums up pretty much what all of us LTH feel/ hope f will be achieved in the not to distant future. It is as follows-:

I have NO plans to sell ~~~

"Send down that cloud with a silver lining, lift me to Paradise
Show me that river, take me across
Wash all my troubles away
Like that lucky old sun, give me nothing to do
But roll around heaven all day "

~~~ One day that sun will shine on me ! ~~~ and you :)

Excellent post V111JAS and enjoy your weekend pal.

Non core assets are what’s pulling us through, without a doubt, but we are still undervalued, SP should be around 6.5p - 7p, based on our portfolio. As we wait for our own production to kick off we still have non core assets building the coffers, still have other wells to come into production. So it’s common sense that as soon as we start producing black gold we should hit double digits almost immediately. I am not basing this on hope but just facts and it doesn’t take an Einstein to determine that.

Good morning all
Blissful
Can you explain your reasoning, Utah being landlocked, why a deal does not bode well.

Good morning all
Islandgirl
I agree it does take time to prove up a new basin but their BOD have over a hundred years of experience between them .
It’s been a continuous drive since the Rose days but C.H when he joined the Rose BOD, back in early 2019, started provisions for the run up to development of the basin. He is one intelligent cookie, using all the data and bringing our partners onboard, the very people that know the Geology of the area and got us the grant for the drill.
The reason I am selling is to fund plans both my partner and I have allowing me to retire over a year earlier. I was convinced that the SP would be into double figures by the first week in January. The reason I am holding onto the 250k shares is purely until the SP goes above 10p, which it most certainly will and some, then I will offload the remaining shares.
I’ve been very, very fortunate with Zephyr investing at the right time and believe that those invested at present will reap the same rewards.

Islandgirl
I will be selling at the end of the first week in January. I only have 1.25m shares left after selling the rest, in order to purchase place abroad.
I believe, hope, the SP will climb over 7p by then but you are correct as I will keep 250k shares and let them run. I honestly thought we would be into double figures long before now. As we all say patience is a virtue and certainly does apply here but I honestly believe that it’s purely down to delays outside the control of our BOD.
What’s your take on it?

Ezhik
Decent post and points raised. I believe 3 months will suffice, 6 months is a nice conservative timeline, given the rig contract is completed very soon. I am pretty confident that cyclone rig/team will be contracted. What they did over that Christmas period, getting us to the desired depth, in record time might , their knowledge of the area would be one helluva an advantage for the company.

The SP, based on our non core assets, is below what it should be. It reached 6.3p which is around what the current value ,
should be and those investors with an ounce of common sense will know that. Let the MMs manipulate, as is their right, I would do the same, but let’s get that drill down and the game changes in our favour. It’s all about holding on, be patient, keep one’s holding, trust C.H/BOD/partners to deliver, and as my father would say,’BOBS YOUR UNCLE.’
Almost there folks.

Blissful
Do you really expect anything else at the moment other than the SP going back and forth around 6p?
The MMs will have their way until that drill is in the earth. As soon as the SP hit 6.3pit was inevitable that it was going to take a trip back as this has always been the pattern. Rig contract is looming so won’t be long before the SP climbs and stabilises a little better.

I agree with that whistler.
Just let’s get the update, progress, webinar confirmed, within the next week to further strengthen those insecure investors beliefs that we are indeed on the crest of a wave.

Good morning all
KP4(chairman)
All good news my friend this will put those newbies and those nervous individuals at ease now and can enjoy what is to come. The next couple of months will bare fruit and start the company on another upwards journey.

Adon30
You are spot on with that thread pal. Unfortunately there are some individuals who are getting a little uneasy.
I’ve always had total confidence in C.H and I am pleased that he gives us timelines, regardless if there are delays, as it shows that he is on the ball, confident that we are ready to go, getting the company to the next stage of becoming a mid tier oil producing company.

Setanta1
I believe that payment to Kirkwood will be included within the 50%. That’s the way I would have concluded the business pal.

Setanta1
There will not be a placing and that’s nailed on. They have got an agreement with Kirkwood 50% and the monies that are being made will get all developments done and will get the company to the position of being bought out. I was hoping that this would have happened prior to me selling my holding but it appears that C.H has got big plans and expectations for the company..

Good morning all
KP4(chairman)
Nice to see your thread and more important is that your increasing one’s holding. That 2years has soon gone and I must admit it’s the best run, benefit, I’ve had on a share in 30+ years. I was thinking of joining the telegram group sometime ago. I might just do that and we can catch up. As for being my alter ego this just goes to show how some individuals minds work.
I believe it was the resident psychologist RB1, supposedly has a masters degree, that was insinuating that we were one of the same. As one of our members quoted, Papaduke, theyknowitall, V111, Adon30, I can’t remember but stay frosty my friend and I may just catch up with you on the other site my fiend.

Good afternoon all
Setanta1 we know that the SP is being suppressed/ depressed by the market. They are well within their rights, as you know, and it’s purely down to those that invest to stick with their own gut feelings, game plan, not to listen to negativity, be patient until that good news filters through.
C. H/BOD have been wrongly targeted with negativity around their updates. All that’s happening is they recognise that we are all in the same boat, own a company with marvellous prospects and in his excitement wants to share that with the shareholders. I’d rather he kept us up to date and be a a few weeks out on prospective dates than just keeping completely silent until news is received. I see C.H as giving us some feedback in order to keep us positive, focused, upbeat and in the know and should help those nervous investors from offloading their holding. That’s my take on it and no doubt others will see that as nonsense, ramping being the forever optimist etc.
I have come to this above conclusion based on emails past, present and most recently.