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Thanks for the reply tip-top. I do understand drilling costs especially offshore but as per aim admission doc and company objective this was ‘low cost’. The point I was trying to make is we as shareholders need some clarity on what compo deal is / was / will ever be agreed . DS has been very quick to blame the rig but what has been done and how the 4.6 mill to complete was arrived at. You even stated prior to Xmas reduced rates etc? We’ve still been told nothing apart from ‘we need more money’ . The latest from DS on djeno rns was ‘ Due to poor performance of the rig throughout the Well, the Company has decided for safety reasons not to attempt to drill further with this equipment. Accordingly, the Company intends to commission a new rig to drill TLP-104’ . I haven’t sold a bean , mistake maybe , but feel the sp is where it is due to DS ? May come out in wash but don’t really think he’s handled the last few months well
I hope it’s not with same rig. Every rns has berated the poor performance/ problems with rig yet no one seems on here seems to acknowledge. What compensation is due ? Why was 4.5 from 6 mill raised to complete well ? - supposedly low cost on shore ? Doesn’t add up , maybe why the sp is where it is
Still holding but still puzzles me that after recent placing still can’t get my head around 4.5 mill to complete well? Surely after problems with rig from start and all the way through the cost would be massively reduced. What is going on with the rig contractor ? We’ve never actually been told have we?
Woody - trying to understand your last post? You seem to post your opinion on this B.B. quite frequently , yet you make out that you haven’t read the last 2/3 rns’s with expected drilling depth? Or were you just provoking the expectation of we are close to it?
I just can’t see , after the interview , how DS is bulls...ting , if he was he’d be toast. Said before , he must have had content of interview cleared by the nomad ?
Same to belcourtoi on Twitter with his drill timetable
Not seen it yet, 278k shares at 8.4 ave after originally buying at 12.2 ! Nerves are jangling now though , aim has pulled my trousers down too many times . Want to buy more but don’t think my heart would take it at my age ! Can’t wait to watch after what’s been said on here today
Has this been confirmed as started? If so is it around 5 days for results?
Close to me that cf63
Dl is chairman of dor, who’ve 10% of Brockam licence
Why does everyone go on this B.B. or ukog and compare. The difference is 70% of pi’s bought in higher than ukog current sp. a mcap of over 500 mill? Look at companies on aim with a third of that value who produce and are profitable . Mcap for angs is a bargain . No comparison . Mms and traders love the ukog faithful , making them a mint
Just for a bit of balance for rtc - mickey1122 3dip started early April on firetower . We’ve been told results being interpreted. If they were as ‘excellent ‘ as you imply on your earlier post GH would have announced them . Judging by GH previous over zealous enthusiasm I’ve discounted firetower. They know the results . They’ll be buried until eg results