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Certainly not overstating the remarkable assays. These ares good by any standardss
Now make us an offer for W.Newton that no-one can refuse
This buyback is a drop in the ocean but every little helps. Lets hope this strategy and profits continue because ultimately I feel this is how our share price will rise to reflect the company's potential.
re: BOIL 350% of very little is extremely little and if you are clever enough to catch it which is nigh impossible. Dealiing in the 'penny dreadfuls' on AIM is a very risky business especially if you have put much money into them. I would admit that there is money to be made but at very high risk down among the 'dead' men.
will probably be followed by the usual snake as the short termers take their miniscule profits.
Bit worrying if guys on here are sinkiing their savings into this share and can't work their divi out
At long last the message might sink in that this is not only undervalued, cash rich and has a promising future. But it probably won't even with divi being paid.
and it works exactly the same way on here with peoples' investment. Unless of course they live in the area it might happen . The irony to me is the largest onshore oil production field in Europe is based at Wytch Farm and its been there since the 1970s producing away. Set amidst a large number of important conservation areas including marine areas. It has a pipeline to Fawley which has been in operation for yonks Extended drilling wells burrow under some of the most expensive real estate in the world, namely Sandbanks yet this aspect is never mentioned. At its peak it was producing over 100,000 bopd This is chiefly because this large field development happened before the Greens were invented. Most of the population of nearby Poole are neither aware or care about the fact even now that this field has been producing continously since the late 1970s under their noses. Hardly ever mentioned, its a pity the Greens don't drive down in their motorcars to protest. Just shows how ignorant they and many others are when it comes to oild production. For all I know they might have done a bit of fracking round Poole Harbour in the past.
I think this achievement is remarkable but am not a naysayer but this sidetrack is 'not a walk in the park' as has often been implied on here. I am sure it will come right but its not just just a simple sidetrack from what I have heard and read so far. IMO the potential of ANGS is tremendous but tinged with a note of caution.
why don't you just sell up Uggy and go away, simples if you don't like the company get out and put your money elsewhere
Oh really Hun so you know about these things then?
Given the choicoe I personally prefer former as it 'should' stabilise the company SP ra,ther than us being at the whim of traders and MMs. It may make the SP more attractive especially if they go for a dividend later on down the line. Gotta do something will all this cash, preferably sooner than later.
No 1, simply this the Aim Casino . Happens all the time.
Seems like this BB know more about the operations than those carrying them out !
It seems a bargain but we're not exacly flush with cash so maybe there is someone behind this who is. Hope its the right decision in these difficult financial times but then the climate has changed somewhat in the last week by a degree undreamt of. Has to be worth something.
You don't like him do you BB ?
H-So I right things like a plonker.. Having nothing like the depth of knowledge that those on here so obviously possess despite having worked offshore for 22 years perhaps you might be prepared to accept that I righted a typo and what I should have righted was:
Reabold aren't too flush with cash and (I) don't really know anything much about the operator Rathlin. Once completed the well has to be proven up and if good then a major would be interested in today's climate but its still a long way to go.
I shall now right out several times I am a plonker, I am a plonker, I am a plonker 100 times in order to deter me from participating Deep Thoughts and the pearls of wisdom contained within this BB.
That iis what I intended to right but made a typo but then Ms/Mrs/ Miss Perfect never rights typos. It must be nice to be perfect and possess such wide experience and in depth knowledge of the operations which I readily admit I don't. But then I am human and occasionally right typos and even better admit to righting typos. It wiykd be really great if some on here watched their language and effectively grew up.
I am so sorry that my comment does not meet with your approval. What is it with you people andd snide comments that go with it? is it just innate ridicule of others or what? PO
Up and running in no time? Big oil Expro are often a myth and it took a private operator on the Buchan, North Sea, to prove the massive oil potential of the Forties not BP who took it over and took all the credit.
Thanks TAC but horizontal wells come expensive and are not necessarily straighforward. Often turn into a cashburn situation. My understanding is that this have been a complete change of tack from vertical to horizontal and whilst well proven this does mean a whole new ball game from the original intention. I would support getting in deeper if we up our share. Reabold aren't too flush with cash and don't really know anything much about the operator Rathlin. Once completed the well has to be proven up and if good then a major would be interested ini today's climate but its still a long way to go. If its all as good as they say it is. Thw link with offshore Hewett gas field (produced for many years) is pretty reasonable but personally I feel this change of plan requires more finance than is comfortable from the point of view of Reabold, Victory or no Victory and those negotiations will take time and now the pressure is on to get on with WN. Interestingi times ahead but by no means , as always in expro, a forgone conclusion. We have to hope that Wressle continues to be the cash generator it is proving to be now.