Member Info for willec

If this was doing so badly why is it for the last 3 trading days virtually everything has been buys

Just shows JohnBriggs doesn't have a clue

Farmout by the end of the year. Bahamas is a completely different story with no one else interested in the region. Just look at see how many majors are interested in Uruguay it is a completely different story.

When we get a farmout at both OFF -1 and OFF-3 this will have looked redicilously under valued at this price. We will more than likely been between 5-10p with 2 farm outs? Thoughts

Are you just basing this on one drill in the Bahamas - seriously, if so you are the deluded one. Please enlighten me on your reasons why a farm out will not be delivered?

Eytan buys more and farmout before the end of the year.

If Eytan was not convinved of a farm-out why buy more.

Easy STRONG BUY from here

It is so very sad and pathetic how people like JohnBriggs can not see how good this is going to be. Looking forward to the farmout in next few months.

JohnBriggs is a joke - he bases this in one drill in the Bahamas. What about all the other operations since like Trinidad, Suriname and the good dealing to get Uruguay so cheap.

Move on from the Bahamas, CEG has.

The fact is Uruguay has the backing of many majors. Why would majors go in if nothing was there. It is nothing like the previous drills and also we have turned Trinidad into a profitable area.

Why would Eytan buy more shares last week if this was going to the wall. Come on guys Uruguay is a fantastic opportunity - lets see how much oil we can gather in 2024.

We also have the second highest amount of acreage in Off Shore Uruguay after Shell which is a great positive for 2024. I wish I could understand why everyone on this board is so negative over the future of the company.

Yos3mitesam - if you firmly believe no oil is in OFF 1 or OFF 3 why are you invested here?

For the deramping idiots here:

Statement :

' I, the director am buying more shares as I am confident in the future of the company and the great prospects ahead' this is a good example.

The way you sad folk read it is:

'I, the director has purchased more shares knowing the company is going bust' - this makes no sense.

So, all you pathetic derampers if you have a brain between you would is happening - YES Eytan believes the company is on the verge of massive things - why else would he buy so many shares now??

Why would he be buying in 10 million chunks unless he knew good news is around the corner - promising times ahead and a very STRONG BUY at these levels.

Wait until the Uruguay farmout at the end of the year

Well done mcadder good entry point. Remember all the deramper Eytan brought in the other week too. Uruguay is going to realise the true vale of the company. Looking forward to the farmout soon.

The problem with the BB's people only see the 24hrs ahead - sad pathetic losers. Shares are long term investments not 24hrs gamblers predictions be patient.

Not ramping - just facts

We have $2.2m on the balance sheet at the end of 2022, with an extra $3m this year which equals $5.2m by the end of 2023.

Cash burn is c $2.5m/yr, so enough money until the end of 2024 / mid 2025.

Fully unrisked Uruguay NAV is 8.4p on a discovery.

We have enough money end of.

Farn out by the end of the year and Uruguay definite oil, look at Total in Namibia

Looks very good - a lot of very sad derampers do not have a clue - looks like a great few months and the audio by Zeus rates a successful drill at 8.4p per share compared to the current 0.0675p per share.

Looking forward to a solid 2024