Member Info for Thorpedo

bbrkhaliddih
Because you know it is currently undervalued, and whilst that doesnt stop it slipping further a £5K purchase may. Because the free float is still so tight a £5K purchase can send the SP up 0.3p. Obviously that type of rise would bring in sellers but even at 2.4p it would be undervalued so there could easily be another £5K purchase.

Your call and your investment/trading strategy, mine is dont try to get in at the bottom as I will probably miss it, buy when I think it is undervalued sit on it wait for it to get to fair value and then sell.

gaf11
Yes

I dont think that there will be a Takeover. There are to many exploration projects which I doubt an acquirer will want.

Buying out HHDL with a Production Licence is another matter. UKOG hold over 71% of that so a sale once the Production Licence is in place is much more likely. There will be no TR1s just a massive RNS and multibagging rerate which will be missed by all who arent in.

Mcap of 59m Cash of 55m. Risk free investment imo.

Looks like someone invested 32.5K well yesterday on the back of https://www.businesswire.com/news/home/20190122005559/en/Solitario-Receives-CDN-600000-Royalties-Update-Florida

JBG
SS doesnt take a salary from HHDL, read the accounts.

It is the Oil P1, P2 & P3s which will ultimately value the company nothing to do with PR, the lack of PR meant that SS was able to buy up additional parts of HHDL at a very cheap price.

As you say Brocal everyone is entitled to their own opinion and can see and understand why some are frustrated with the current PR, I am not one of them.

Brocal
He is not shit at PR just a lot more honest and less pumpy than most CEOs.

Better to say 150 EWT and then extend it in to a 210 successful EWT and Production Test.

Better to say 9 months for a Production Licence and deliver it in under 5 (as I expect to happen).

There is nothing worse for a PI than over promising and under delivering CEOs, I am much happier with SS way of under promising and over delivering.

Scandic
How about BP, there is more than one of their directors not invested.

Now, name one director on the whole whole Stock Exchange who has taken up their options early.

Newboy58
Name one director on the whole of AIM, in fact the whole Stock Exchange who has taken up their options early.

What you cant but you expect SS to?

Its not started yet, probably wont until 1 February but the build up to the Planning Permission on 20 February will see a massive rerate imo, and then once passed then a pause whilst we drill and then on to full production.

I don't know if we are at the bottom yet, it could still go lower but there is a date set which isnt far away where the SP will probably be significantly higher than it is now.

Scandic
We have a OGA Production Licence, it just isnt at the Production phase. There are three stages the third being Production. To move to that stage is a relatively tick box exercise. We need to show that all other licences are in place. The hardest to come by is the Planning Permission. We are told in RNS that we have most of the other licences in place and that we applied to the Environmental Agency on 10 January.

Snowman10andy
Good luck thanks for all of your positive comments whilst you were in - Oh just checked this is the first post you have made on this BB. If I was a cynic I would have thought that you were never invested and that you have just popped along to deramp. Good job I am a trusting person so good luck and thanks for the advice.

Scandic
I think that there could be an RNS say 20 February confirming new wells and production planning permission.

No they cant flow Portland and Kim from same well at the same time. That is why the "Comingled" KL3 & KL4 is important, they can be flowed at the same time.

PITW
He is playing it down so that it doesn't interfere with the current PP application. He doesn't want it brought up there. Once Portland planning is granted then he can announce results and apply for further PP.

and then OGA will move the licence in to a full Production Licence.

BadA "its bad news tomorrow, all uk based stocks will drop."

What even those ones who's income is in USD and expenses are in GBP?

Qwerty
Agreed IIs need convincing from RNS's but they are also slow at reacting. A bumper RNS will be snapped up by the PIs the SP will rocket to 3p+ then the IIs will come in boosting the SP further.

I am in no rush for them to come to the party. They will come in time. I can afford to wait.

Penguin

Yes 500 tonnes on Portland.

A later planning will be submitted once Kimmeridge is confirmed fully commercial.