Member Info for ToxicBull

Why is the sp going higher?

Been two weeks since testing began, they suppose to test both wells with 4 weeks.

Look at these chancers taking their free blows today.

https://x.com/JubCapital/status/1911683752335487077?s=19

Lee

Its unbelievable, they have 1.6bn contingent resource. They will be drilling another well in summer. In grandscheme of things they jave bigger fish to play with in acreage.

Sea

Lol agreed, wont want to be him today... Directors always know more than us, im convinced few of these zones will flow oil.

He purchased 1m shares which cost him £700k at 70p.

Hes bullish nothing changed in grand scheme of things. Onto the next one...

How can 1/6 flow test result wipe off 50% of mkt cap?

What about the contingent resources proved up in other wells, successfully flow tested.

If the 2nd flow test is successful does that mean mkt will ramp this up 100%.

Its crazy with mkt cap only 300m with so much oil...

Matty

1 post, rofl go away..

Hopefully common sense prevails.

They will test 5 more zones in this well.

Drill another well in summer

They already have billions of barrels recoverable..

Remember director purchased 1m shares at 70p in 27th march 2025.

Added around 91k shares.

Mkt will settle down

Poor results today but plenty to play for, out of 1200m of net pay this was only 200m. 5 more flow tests to go in this well.

Mkt has over reacted big time.

Well obviously...

It has 5 more zones to go..

Will recover.

Dawesa

THIS WAS NOT PRIMARY ZONE!.

OVER 1000M OF NETPAY IN THE REMAINING 5 ZONES..

PLENTY TO PLAY FOR...

They have 5 more zones to test and upto 1000m of net pay of oil.

Remember just 1/2 of these flowing will be very good result.

Next test is the "Lower Prince Creek" flow test.

Whats interesting is that the flowrates were over 1000 barrels a day, its positive for the next zones.

Theres 5 more zones to go.

Let flowtest the next one

If TS1 flows then we goin higher than that, its a bloody large accumulation down their. :)