Member Info for Timster

It's all about the wait the longer the better.... I take comfort that if it was to fail it would fail quickly (relatively) and they would of had to inform the market. So although it's frustrating waiting they must still be testing something. Wish I hadn't put my echo money in here though:(

Do they even need to RNS it each month anymore. If they are paying in cash then that's already been RNSd effectively. It's only share issue that will require an RNS. Probably...

I'd go with that some nice buying. But of course there is no insider trading on AIM so it cant be because someone knows news is coming

But did he mean 12 months from when he said it or was it an arbitrary date in the future some time ;)

It's like groundhog day :) We are close(ish) to something maybe. It's being held up by nda yada yada ****** it is....

I've been using the 8th as a start date which puts T-45 at 73 days but some think the clock started on the date of that RNS so 43 days and does the clock reset when they add zone 9 (doesn't sound like it) "The intention is to continue to test the combined flow of Zones 14 and 15 and within a period of approximately 60 days, perforate and stimulate Zone 9 and produce from all zones together." but I think it will with zone 13 added

It's all lined up for July though.... The results won't include anything other than results!!! What matters at the moment is flow rates when flow rates from t-45, dino, t-39 and UD2 are released then it may be transformational for the SP But trouble is no one knows the real time scales as I said yesterday with the oil does the 40-60 days include addition of zone 9 and 13 does the clock reset when (and if) those zones get added to the test? No body knows. I believe it will come good but more bloody waiting is required oil and gas is a complex heavy industy and rarely moves quickly. FRR must and will have a very comprehensive set of test data though when it's all sown up be it bad or good

Financial results. (Which will be shit) Not flow test results, which is what we all want!

What dyou do that for? much better to moan on here day in day out ;)

They are using the 10bbl a day to fuel zaza's Bentley :)

I think T-45 is at 65 days ish so long enough for an extended test. and I posted this about UD2 this morning: from 8th May - Operations and corporate update RNS Mtsare Khevi Gas Complex, Well Ud-2 Extended testing program commenced on 21 April 2018. The Company perforated and mechanically stimulated 9.5m out of gross interval of 27m situated between 2519m and 2446m of Middle Miocene aged Zone. At the moment the well is in the clean out phase and, once stable natural gas flow is established, the Company will update the market in due course. 58 days into extended testing as it was on clean out phase 8th may, give it a week to clean up it's been testing for 5 weeks since clean up. could easily be testing well into July or just as easily finish tomorrow

let the big boys in!! happens all the time GKP etc etc

before #MASSIVE news tomorrow obviously

Lol RNS within two weeks. But it could come at any time! Hold onto your hats.....

Yep it's all becoming aligned for a month in the future (maybe)

the only extended well tests finishing soon (maybe) will be T-45 and UD-2 by my calculations 65 days and 53 respectively Dino 2 - 36 days in T-39 7 days ish so barely started then there is the confusion as to whether the clock resets when they add Zone 9 to the comingle, then does it reset when (and if) Zone 13 is added. too many unknowns at the moment

is the SP has stopped declining 2-3% a day and seems to of leveled off here. the weird cancelled trades seem to have stopped too. is that because it was a transfer and that's now done? or because the FCA have had a look at it? or because Christmas is only 189 days away?

Nice .... :( I calculate I've got at least 40 years left yet I'm hoping news before then :)

Like watching paint dry just like our SP ;)

from 8th May - Operations and corporate update RNS Mtsare Khevi Gas Complex, Well Ud-2 Extended testing program commenced on 21 April 2018. The Company perforated and mechanically stimulated 9.5m out of gross interval of 27m situated between 2519m and 2446m of Middle Miocene aged Zone. At the moment the well is in the clean out phase and, once stable natural gas flow is established, the Company will update the market in due course. 58 days into extended testing as it was on clean out phase 8th may, give it a week to clean up it's been testing for 5 weeks since clean up. could easily be testing well into July or just as easily finish tomorrow