The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Am not why that is happening Alta, usually when you log back in the people you have filtered remain filtered. My mistake is not logging on all the time , seeing some nonsense from a certain player and then engaging with him. But sometimes his nonsense does need to be challenged, he is notorious for making his stories up to suit his motives but tries to play it like he’s trying to help.
Anyway I have a similar story to you, been here 9 years and still hold more physical shares than I ever have!
Well Jiz it obviously does who the email is from, it was you that brought it up you complete thicko!! To quote. “ Not impressed with the email from Sarah. Is she actually qualified enough to send a PI a technical explanation of what they think they have discovered so far?“ . So it must matter for you to say this. You make it up as you go along, you don’t know ya ass from your elbow.
However if you do believe what you say, why didn’t you sell up last week and buy back on the inevitable retrace that you keep going on about ( after the event mind ) . Better still sell up and buy SDX and put your money where your constant flow of diatribe comes from!!!
Strange couple of days for posts vanishing off the board. Yesterday’s posts , can’t remeber exactly who or what it was , strangely vanished and I don’t recall it being offensive or other. Guess that’s the nanny state we live in.
And now today’s rather strange post by MTT has vanished, anyone else see it? Why has that now disappeared?
For me the graphic is merely there to represent the part in the RNS that’s says about gas shows below the base of the sandstone sequence. Further work required ( also stated in the RNS ) to date and identify exactly what zone/structure it actually is. Anything is possible
Hi PNE , if I remember right the TE7 drill included a 70 day EWT following all the work. So that’s why it was a long time from start to final results! So am guessing the gap between the start and final results on TE10 will be a little less. But TE7 did have the necessary testing equipment on site unlike TE10 where are waiting for it to be mobilised!!
Anyway hope that helps. GLA
SG47 The market likes proven, not so much the potential these days. Not like it used too. So I would agree that the SP is under written at around this level. However that’s not to say that I don’t think we have lots of potential to be much higher. And that’s why I haven’t sold a single share even when the shit hit the fan recently.
This is either people getting back in and taking a position due to the rewards far outweighing the risks. It’s not rocket science if we are pretty much under written at these sort of levels , the risk is surely quite low if your prepared to see it thru to the LE.
But equally, just like plenty were spouting off about leaks from TE9 when it was going down, why could there not be bits of positive info leaking out now to family members and friends. Quick enough to moan about it when it’s going down, haven’t heard them same people mention about positive info leaking out. Surely it works both ways!!!
Hi Jag interesting calcs and guesstimates . I sincerely hope that is the case , obviously the more the merrier! I know all of it is just rough workings using both facts and also scraps of info etc. Are the 5p-15p figures for our unproven gas value to Sound, or do we still have to take into account the 47.5% of sounds share etc etc. Sincerely hope that has already been taken into account and it’s the final value to us. Genuine question from a LTH with what a decent holding! Thanks
Shpunken, I think you are correct in what you say. They will flow the well when they do the rigless testing, for this they will need additional equipment which needs to be mobilised. I guess that equipment is being moved now ready for when the rig is dismantled and taken away. Just a shame that they didn’t have that kit a little more on hand, especially given the circumstances with timelines etc ( time is money ) . Plus having the likes of Schlumberger as part of the set up, they aren’t exactly a small outfit. But at the end of the day I am more interested in getting the results we all want. GLA genuine holders.
Timster I would guess that they will start ASAP when kit is on site, and the results will be sometime in February. But I agree it isn’t very clear!
Shaun I think your mixing things up a little mate. STZ or Crude have never said or intimated they have info from the drill site, they have only given their opinion or thoughts ( not that am I fan of STZ or his brother, I think they blow each other’s trumpets. If ya get my jist!!!! ) . I digress. As I was saying the difference is that MTT professed to have info from the drill site and that is the fundamental reason why Hawthorne is saying a case may be made. But I do agree that it would be liking moving the moon to make anything of it. That is of course if it wasn’t info from the site! Me personally I just deal with facts via RNS’s!! All the best and GLA
PNE79 I totally agree mate, from one extreme to the other!
As for LE expectations , they are now approx 50% less than they were before the confirmation of what each “Gross” TCF means for Sound following the previous ambiguous explanations ! But anyway that subject has been battered and I am not trying to kick it all off again. Just explaining why my previous expectations are now practically half of what they used to be. Nowt to do with current SP.
GLA genuine holders old and new. Everything crossed for a stonking result with TE10
Is it the interpretation by the geo’s, is it the processing by whoever (Shearwater or Western Geco ) , or is the actually ‘shooting’ of the entire campaign? Am not entirely sure of what the entire process consists of, who does what, and at what stage. But I tell ya , something isn’t fundamentally right. First the delays ‘ to shoot more lines’ across the A structure ( just to further increase their confidence in the drill!!!! Hmmm) , bringing onboard Shearwater to ‘help’ with the work load ( panic stations), being way off the mark with TE9, decreasing COS’s, change of plan on the drills and the obvious recent lack of confidence in seismic by virtue of comments/answers from the management. But where did it go wrong? If we have a great team of Geo’s , which I believe we do, where did it all go wrong? To me it appears to be from the route/source of the data being used!! So was it a complete cock up from the start by Western Geco? Am saying yes it must be. What else could it be?