Gazza, I've thought long and hard. Yep certain things have p!ssed me off with the main operator. But overall this will be an awesome share believe me on that.
ART I'm still waiting for a company ?
Honestly, who cares what the sp does short term. Come 40 days where be sailing home with the treasures......selling gas soon.
That's sp is lower than 11p and will be selling gas in a matter of days ?
Is when they stimulate this well.it would be crazy flows, the pressure under those rocks will release that gas thick and fast. Just require small amounts of patience it will come good. The CEO states this is not an ordinary discovery it's a significant one.I can honestly see this sp going crazy once when they have tested the zones.
Meaning, they will stimulate the well in Q1 is that January, February, March ?
Q1 2018 that can mean anything
Let the dust settle and I shall be adding to this baby. All the pieces come together now. Yes slightly p!ssed how strachan New the info before hand. Never mind this will be a monster after the WST
Jack, stop telling porkies.......they don't need a rig for hydraulic fracturing. This is max another two three weeks off and News shall land.
Chris I can tell you why sir, because when you have tight sands most likely version of fracturing would be hydraulic. Therefore you do not need any rig. You will need heavy duty pumps, slurry blender etc.....so basically no need for a drill.GJ is most probable right. This is a significant gas discovery
So the significant gas discovery is on....lol stick your neck out and say second week of January Ness should be out x
Drilling permits only take a week the division must respond within ten working days or the permit is automatically approved. Check the site out
So hopefully permits don't take long at all. " As of July 1, 2015 all WST performed in California must be permitted on a individual basis......blah, blah blah......Well stimulation treatment permits will be posted within 5 business days of issuing the permit" www.conservation.ca.gov/dog/faqs
Yes I admit I said 7p might be on the cards. Let's just wait to see what timescales GJ gives us.....if it's mon to Fri 9-5 then 7p I reckon will be on the cards. If it's a quick turn around then I'm not sure but I know it will go single digits. Why don't I sell ? Cause I'm nursing a heavy loss. I will make my judgement to average down and get out once when they release the timescales.
Chris keep up man.....my averge is 19p......the report came out yesterday morning when we were around 14p I was at a heavy loss why would I sell out.....I can hold no pressure.....please read my posts don't just to assumptions ffs
Riz, basically strachan report stated it's" sub economic at current rates" I believe he mentioned fracking also in his reports but also balance that he said it will be highley likely commercial......that's not the point. The point is how the heck is he getting this information and relaying it to a few before the main market.Why couldn't the company give us an RNS
Kaba, are you going to tell everyone how yesterday I warned everyone about the strachan report being out. Yet you came along saying its all bull and let's wait for an official RNS from the company. Then SGC released an RNS after close of play so people could think about it and then make their decisions. Yet us poor buggars for dealt with a massive blow. SGC protecting their own. Why don't you admit and tell Everyone you rubbished my comments regarding the strachan report which was identical to the rns be a man.....for anyone else go back to Thursday night at around 21:30 all the posts are there
Learn, you have to pay and subscribe to his reports. Someone posted a snippet of it.....It's near enough identical to the RNS yet everyone seems ok about it.
Do you feel happy ? You was ramping this share yesterday and even after the market closed you said big morning coming. But look the sp dropped over 20% do you like sucking hard working money into a plunging share. Shameful
Look at my post earlier. I said it was a pump n dump....remind what the sp is