Member Info for VerbierDave

Milbo - if you want to be pedantic it didn't actually say 'wasn't finished' it said 'finishing up' - we can split hairs all day long but as long as people say "it's the way they read it or in my opinion" then they aren't quoting fact.

Spike - thanks for your constructive response, I'll keep this in mind for around the 11th or 14th then. Cheers

Drewky - do you think 7 days from restart of drilling to Djeno as it was mentioned before 14 days...... what are peoples thoughts on this?

Yes although depends on how crazy he is, he could have sold two days ago taken 50% profit and then bought back in on a T trade and diversified with the other 50% into another stock. Not saying that is the case but could well be.

11.40 v 12.00

looks like the brakes are off

Steady - I think you are more on point there and I think along with the new licence there will be something in there to do with own percentage of the field and then I agree I think the Logging results Monday am as 7 sections to log is a lot.
All just my thoughts and it would be nice to have the licence nailed down before the logging results as then the figures are a different ball game and a new CPR would be needed.

Or it could be about the licence renewal and possible deal with regards to the $10m the company is owed, it did seem on the last interview that something was pending in that light and they did say that the licence was virtually a done deal.

I’m really looking forward to this next 7 - 10 days as we should hopefully have great news on the wireline logging and fingers crossed for news confirming the license renewal.

Looks like my prediction first thing could be on the cards. 👍

11.25 paid off we go again

Look like they have been cleared and we are ready for the next leg up.

If this gets through the 11p today then we could see it move very quickly to the 12.25-12.5p area, I can’t see it passing that before logging results.

Spike I looked at the charts and it’s alrea broken the main trend line from the 15.2p mark but to be honest technicals don’t really work that well on an AIM like this as there isn’t enough constant volume due to most movement being news driven.

Live 10.50 v 10.75 This will do 10% today min in my eyes as people use the last chance to get in before logging results.

Someone posted this on Twitter recently after having a conversation with DS which should clear that question up. Also don’t forget that in the last proactive interview DS said they were owed £10m that he wasn’t prepared to walk away from. https://mobile.twitter.com/AIMlistedstocks/status/1078682895789817857

I think today could be the last day to get these cheap as news could come any time after today on logging results and 20 year license renewal and that could well bag these also on top of that money will start to re-enter the market at the beginning of the new year. If the logging results come in above expected this ship will sale at such a speed it's crazy.

That is 100% correct

Hey is there any of the regular posters out there that have comms with DS that could drop him a text and ask when they started wireline logging? Cheers chaps, I just know there are some in regular comms that will get a quick answer.

DS said around 7 days in his last interview on proactive investor

DS said they would take about 7 days to get the results so I’m expecting them either the 31st or the 2nd, my preference would be the 2nd. If they come in better than expected which I think they may well do then we will see the real re-rate as investors like guaranteed results.