Member Info for Thorpedo

@Seadoc Yes SS does know something that we don't that is why it is a closed period and why he is not allowed to convert.

This planning is on the back of the success of Portland. Wait until Kimmeridge is tested and then see what happens to the plan.

Frank
My opinion of the investment is similar to what lignumviae has posted.

I wont be putting in any more in as I have enough in. I want to but for me, there has to be limits on AIM.

Frank
What I posted in July has now been RNS'd "Customs Clearance - The Company is pleased to report that all approvals have been received and that this has been the position for a number of weeks."

Thanks, I call this completely different than the Market/MMs, I am invested here up to my risk level, would invest more if I could but I have set limits which I wont go beyond.

Of course it isnt. Directors Loans are not the best way to fund any Company let alone a listed one. But currently he is offering Banking facilities until new ones can be put in place.

I did say several weeks ago that the customs clearance had been given :)

BOD giving interest free loans.

Progress is slow and information given to PIs is disgraceful but a great project which in mvho will be very profitable.

Scandic
SS took £240K salary in 2017. Hardly "crazy salaries".

Tanker movements wont tell you flow rates, we dont know how they will be testing, choke rates, pumps, shut downs, freeflows. Also how much they are keeping in the onsite tanks.

There could be a shut down and no flow one day and 10 tankers the same day emptying the tanks. On your logic you would say 2000bopd when the fact was Nil.

Comparing Apples and Oranges.

Rodders
You have already posted this today. If you hare that bothered go and look yourself, 8 hour round trip or not.

Both scenarios are positive, taking away remaining Portland = Good
Taking away Kimmeridge = Good.

Address: Horse Hill 1 well site, Horse Hill, Hookwood, Horley, Surrey RH6 0RB

Go look for yourself.

Scandic
SS received a salary of £240K in 2017, hardly an "absurdly" highly paid directors" imo.

I thought, could easily be wrong, that it flowed to the surface due to the gas content. Therefore would expect Flare Stack to be hot if testing had started.

Is there a heat haze at the flare stack?

I am confused with yesterday and today's tankers are they Portland or Kimmeridge? I presumed yesterdays was Portland clearing out for Kimmeridge but todays?? I guess it does still tie in with the Bopd from Portland.

With no flare stack then imo clearing emptying tanks for the massive influx expected from Kimmeridge.

Empty thanks and the addition of a new huge tank suggests they are expecting it to gush.

Presume its presume its clearing Portland Oil ready for Kimm, don't want to mix 36 API with Kimm 40 API.

Also I think that the timings of the tankers will be around swampy activity, if they can get it through the gates then they will if not they will store it and get it out once police have cleared them away.

*Analysis

Yes, I agree Portland is still being tested - it is at the data Malaysia stage of testing.

I also think Kimmeridge is being tested - it is at the Work Over stage of testing.

That is just confirming what has been already RNS'd.

Are people really invested here on AIM whithout understanding the basics. The warrants were issued a while ago as additional payment. It saves cashflow at the time. They have now been exercised.

They have probably already been forward sold. You dont exercise warrants unless a) you plan to sell them or b) they are about to expire.

Scandic
Ukog bought shares in HHDL which is not a listed company and therefore there cannot be any "insider training"

My presumption is that SS knew that Portland is commercial you make up your own mind. I bet I know which way you will decide - why dont you ask TW which way you need to decide.