Member Info for Uggy100

If the EWT is a success & the Bwells are also a success then at this price it will be the steal of the century but lot's of things have to fall in place for that. That's why I've said before not to believe anything on twitter. Still a lot of de-risking to do yet.

ASo what's going on today then ? More delay maybe ? from a Co. who had told us some years ago we would have been in blue sky territory by now ? Shame on RM, under
delivered completely.

All I know is that this share is unloved & we are being treated like mushrooms. Batman & Robin need to try to rally the troops, which seems unlikely at present. API of the oiip at WN would be nice, a further update on Cali would be appreciated too. It's no good shouting from the rafters on good news & keeping stum the rest of the time. The last investor presentation gave vague timeframes. presentation was a bit of a waste of space too as I personally don't think they have any idea of the vaugueries of the O&G space. No real meaningful updates, just estimated timings.

I hope so too VHB but in life i've found pessimism & reality to be very close. certainly in the O&G industry.

Ghengis you're quite right. However we have also taken on additional risk too. If the EWT results are good it will prove to be a great decision, which I hope it is. Bad result = meltdown.

And by the way, what do you mean by threatened ?

I regard both you & Heid as everything I do not like for slightly different reasons. Either way why should anyone listen to your posts constantly telling us what the hourly sp is doing. Wde allhave a brain & it's our investment choice.

Sorry, dd my deleted post go too close to home.

Because the serial ramper complained I guess / the same argument still holds true.

Sorry that was meant to read that RBD's previous presentation bore no relation to what Rathlin said 2 to 3 weeks later.

Yes it is Heid, however Rathlin are the operators & have previously told the local community their timeframes which, on that occasion, proved to be rubbish.

Heid, the previous presentation was proved to be rubbish within weeks. Why release a new one now when tRathlin are due to have a liason community meeting in the next 2 weeks ?

As I understand it the cpr will not be released until after the EWT has been concluded & 'plugged into' the model.

I do find it dreadful that we won't find out til after the rest of the world does.

AJW
That would be my understanding too. Twitter & blogs are not to be trusted I'm afraid.

Not so difficult to understand. Some investors have likely moved funds to a co. that doesn't over promise & underdeliver or & has no concept of truthful timelines.

Rover
I sincerely hope you're right ! The fact of the matter is, however, that nobody can possibly know the characteristics of WN until the EWT is completed. It's always been my concern since they raised such a substantial amount.

Well looking at the diagram the presentation seems to indicate drilling to start around the end of march at WNB. As they haven't done the prep work for it & Rathlin estimated 3 mths to prepare it I'd like to know how they're gonna do that !!!

When you look at the recent Investor report & compare it to the previous one re timeframes it's hardly surprising that confidence it RBD is so low.

ajb
Couldn't agree more, I still obviously read the BB & twitter but tend to ignore most of the posts. To be honest I only really take notice of RNS's but they're not overly informative right now.