Member Info for Wigster77

"The RNS is brilliant"

Stop it, my sides are hurting!!

"Heron 1 could be producing 1000 Bopd by January ✅"

TBT - emphasis on the word "could".

From the horses mouth: "We are very pleased with the performance of the Heron-1 well so far and we are encouraged that higher than expected stabilised flow rates may be achievable. We are looking into this as a matter of some urgency, although if surface modifications are needed, these will likely have to wait until after the winter operational shut down".

Winter shutdown is until March/April IIRC.

TBT - emphasis on the word "could".

From the horses mouth: "We are very pleased with the performance of the Heron-1 well so far and we are encouraged that higher than expected stabilised flow rates may be achievable. We are looking into this as a matter of some urgency, although if surface modifications are needed, these will likely have to wait until after the winter operational shut down".

Winter shutdown is until March/April IIRC.

Looks like our seller is back.

Less than 2p now...the market must be a neg too.

As a change from all of the bickering. I had a spare 5 mins and remembered some of us making predictions for 2024 at the end of last year. Makes painful reading. I wonder if any of these lofty targets will be met during 2025?

Predictions from Dec 2023

Researchandhold: LP sign off 8p. March DQE JV 12p. April H1 onstream 14p. H2/3/4 online by August 22p. Add renewables etc for 24-26p at end of year

Cybertron: 15p on production

Manxkippers: End Feb 12p. End June 35p, End Dec 60p

Doc83: 30p, 60p no chance. LP Signing 8-10p, spike to 12p. MB to announce raise at 6p

Hamm: H1 Production 30p+

Brazilbumbum: Happy with 35p by end of the year

WiseOwlSpeak: Guaranteed super-duper-uber-rockets-everywhere-mega-multi-bagger-not-enough-numbers-on-your-calculator-sir-be-wise-invest-or-not-up-to-you

...and Mine: LP sign 7.3p, Oil flowing 12-14p ish, More wells online 16p ish

At least we're starting to get noticed and generate interest. Reasonable RNS and 2 (count them) shares bought this morning so far...

I reckon we might hear something tomorrow or Thursday, Merlin. There's clearly been/is a lot of work being done so there probably is news for us right now, but MB likes to save a lot of it up and put out a comprehensive RNS covering multiple things.

Yes L200, there's been more trading and deals done in the phonebox across the road from my house this morning.

It'll pick up soon when MB gives us the blockbuster RNS.

90000 bopd? Could see us finally over 3p

FWIW, I think it could be a lot more than 30p eventually, but doubt it this side of Christmas. Maybe this share has just beaten any optimism out of me...

If only they let it get to 2.71p...then I'd have had a long-forgotten taste of being in profit :-)

Couple of healthy buys in already...

"For some reason, the site has got rid of all my capital letters!"

For some reason It does that when it censors one of your words

What price (SP-equivalent) would you deem fair bigbench?

Fundraise at 3-3.5p and SP to recover to 8p on trial news is my guess.

60p, £1.75, £2.50+ would of course be extremely welcome.

ATB & GLA

Also, hopefully the upcoming Budget is kind to us (I'm skeptical)...especially people currently waiting with money in their pockets ready to invest in small oil companies...

Thanks I33 & Doc, appreciate the info.

I33 - Are you saying it was obvious RR was going to 8-bag? Forgive my ignorance, as I've done no research into RR at all, but back in Oct 22 were there obvious catalysts suggesting the SP was about to take off (pun intended)?

"Let’s get a dividend in 2025"

Best yet.

Even better than "100 bag potential"?