Member Info for WhiteNight

Here’s to another red day. Roll on the RNS!

The sp is going to look a lot lower when this sidetrack doesn’t deliver.

Why follow the money when you can follow the share price, surely a fool would know that’s a better indicator of performance. Doesn’t matter a rats azz if someone drops 100k into a share, if the price is down the price is down! No two ways about it!

Well it basically is sheet or bust, regardless if they have other prospects. If another raise at this level then it kills any hope of a return for anyone already in.

Down another 10% today, not looking good…

12% down now. Leaky ship!!!

Apologies, let me correct myself….now 10% down

The imminent news is so ‘good’ the sp is down another 5 % today, hmmm, I wonder why….

We’ll soon see John bell….*

Quite simply? Based on the current sp. If there is so much anticipation of positive news and 250bpd then why is the so languishing the way it is? Why is down 5% today? Why is it significantly below the price it was before oil was even found??

That’s my reasoning in its more basic form. And if you don’t take that into consideration when investing (short or long) then you really should be revising your strategy.

Ha! Okay, well on that basis (using the best drillers in the business) I’d say it’s fairly safe to say that BCE will be absolutely dead in the water if these guys can’t deliver. And that’s exactly what’s going to happen, trust me.

no direct experience sheephatch, as l suspect you don’t. does that mean that one can’t have valuable insights/knowledge on an industry, business or commodity? people invest where they see opportunity, and i see an opportunity here to short and make money. i can confirm that this has paid off so far. unlike anyone who has gone long here, happy to be proven wrong but at such a low price, who has made money here going long?

to address ‘here for ****’ , no, i am not ****ting myslef, the only people who should be are the ones holding longs here.

either way, we will soon see who is laughing. give it a week and you’ll be wishing you’ll have listened to me.

You’re right scarlet, definitely something negative brewing.

Where is sheephatch at now? Spouting 3p nonsense the other day!! What a joke. Like I’ve said from the beginning, this is going nowhere, the company is a sham to get mates rich quick, at the expense of noob pi’s.

Do yourselves a big favour and get out now or short.

Yup

Wouldn’t want to be in this over the weekend.

Original…..🙄

Regardless of all the BS, whether my opinion or anyone else’s on here, all that matters is the sp - that’s telling sign here, and the way the sp has performed over the last 6 months tell me one thing, this is going nowhere. The increase over the last few days has almost been negated today and yesterday (no doubt the rampers will disagree, but the numbers don’t lie). The sp is a fraction of what it was before oil was even discovered!!! And even if they can get 100 or so bpd out of this duster, it’s going to require significant capex to commercialise it to a point where it may make a profit. Don’t listen to the rubbish Sheephatch spouts about it being self funding over 150bpd, the BoD will simply lap that up in performance dividends.

And right on queue, down she goes. A mere 8%, plenty more downside to come when this sidetrack fails to deliver

You’re putting words in my mouth sheephatch, it’s really not how I put it, you know that, you’re taking the usual gaslight approach to come across as the moral good guy. Take all that bs aside (it’s not fooling me), all anyone needs to do is look at the share price, it’s movement over the 3 months and the scandalous placing they recent completed. Period.

P.s. For clarity to the noob investors here, no, I don’t think this will be around in a years time.

If they ‘only’ need to get to 150bpd to be self funding (which by the way it total rubbish in my view), will you finally concede that it they do not reach that target then they are dead in the water?