Member Info for Welshshark

RNS imminent

cash in the bank??cheers

this is bound to be huge

Will shoot up mkt cap£133.5m production 2000bopd And has it own rig.

Heading £2 imo

1.21-1.22 can sell all,big buyer around takeover??

@£1.22

1.15-1.20

1.50 today without rns??

News imminent here on cpr,usually intraday rns here.

So I’m guessing 5.8p

The Board anticipates that the full Competent Person's Report will be available in the early part of 2018. Further announcements will be made as appropriate.

and that could take us to orbit

2200x86=190k barrels,todays is day86 so rns any day,190k@$70=$13.3m

that 84days ago,last tanker carried 190k barrels, 84x2100=177k so were about 10days away from another shipment and around $10m payment.

Look at their website and look into last set of figures,producing 2100bood and debt $3.8 from $12m,also paid dividend recently,currently drilling aswell.

Next shipment,oil up 35% since October,

Around current mkt cap,with more wells coming online soon,so have $3.8m debt down from $12m previous year.

After taking into account all duties and taxes, transport costs and demurrage, the net proceeds from the shipment are expected to be approximately US$8.5 million, representing a net back of US$45.08 per barrel. This represents an improvement of approximately US$14.18 per barrel, when compared with the net receipts from our first tanker export in June of this year, which was affected by the fall at that time in the international oil price, as noted in our announcement on 28 September 2017.

Yepp agree currently producing 2000bopd,should be at least £3,and more Wells to come online.