Member Info for VerbierDave

I’m expecting a blue day today after yesterday’s carnage, with a rough guess close will be around 11.10p and then slowly slowly up to around 14p over the next two weeks.

I smell bulls**t

It seems most news from MATD is released in the middle of the month, let’s hope we have some good news very soon.

I'm really chuffed that I've managed to top up another �4850 worth this morning at 12.5p, I didn't think that was going to be possible the rate the SP was attacking 13p yesterday. I think this will probably be my final top up before spud but lets see. Fingers crossed everyone gets their position they want and everyone makes their desired profit. Now fingers crossed for the next RNS, hopefully with the following info; - Visa's issued and crew in country - Well pad construction complete - Rig mobilised to site - Spud date - Wild Horse EA issued - Rig tender for XX completed - Drill sites for both XX drills confirmed - EA paperwork for XX sites admitted - Rig info / Mobilisation dates for first XX drill As you can see we have a lot of news to come and fingers crossed we get a chunk on that in the next RNS to really kick start the upward movement of the SP.

Hi Jndavid - It is true we can't go off last years rise and I'm sure we all have individual ideas on where the SP might go to pre spud. I personally believe it will all depend on the speed we get other news along with the spud news for Snow leopard, if all we get is news on snow leopard then I'm thinking around the 16-18p mark however, if we get the Environmental Authorisation for Wild Horse and second rig contract finalised and an idea of drilling time table for the XX blocks and confirmation of the fourth drill location then I believe it will be much higher into the mid 20's. As with all of it though we just can't predict anything for sure until we get news flows in the form of RNS's. Fingers crossed they come the end of this week to give me chance to top up my final tranche early this coming week. Good luck all, I hope you all get the SP you are looking for.

Great post 2010PM, this is what a BB is about; giving theory with data to back it up for discussion be it good or bad.

I honestly believe there would be very few posts on this board each day if we took out the number of posts that were just childish bickering (it's like being in a school yard). Can we just get back on track about MATD and posting information be it good or bad, worst case best case they are all relevant ideas for people to make their own judgement. I hope everyone manages to get in at a price that suites them, remember everyone has different appetites for risk and their own reasons for buying or selling, no two persons situations are the same so who are we to tell someone they are right or wrong. May you all make a healthy profit at an about that you are happy with. Good luck and may good news come soon.

Yes I’m confident of at least 70-100% upside before spud but that’s just my own opinion.

Well that was a top up of mine this morning £8990 I’m hoping for some more before the next RNS but waiting for funds to clear. Fingers crossed

5% swings with a spread of 3.45% lol yeah going to make a shed load of pocket money out of that LOL But then I guess it's all relative depending on what you call pocket money.

You’re not your

I was thinking more on the lines of tracks for the rig to be moved on, it’s a lot of lorries involved in moving a rig and camp.

I know this is a long shot but does anyone know where the sinopec yard is that the rig is being kept at and the Latitude/ longitude of the first drill? It would be interesting to know how far the rig has to move and local infrastructure at the drill site to see the amount of ground works that will need to be done before the rig can start its journey. On a working oil field with good road / tracks infrastructure a rig move of around 20km can be done in two days and drill pad be prepared in about seven days however, we don’t know how far the rig has to move, what the infrastructure is like and how much local knowledge is in place of building well pads by the local contractors so my guess is think four weeks and anything quicker would be a bonus. Oh then add a week for rig-up and safety drills and inspection before spud commences.