Member Info for WOBWAT

Seadog - 2nd accounts imo!

Some people need written confirmation that flow tests are starting before they 100% believe its actually happening. At that point people will take a position knowing the likelihood of a rise in anticipation of the results is quite high. Some will sell before they are announced, some will hold till news, some will hold long term!

I agree badger. I hope to have confirmation of flow tests starting this week. Worse case, early next week. Hopefully simon will back up the recent images with some videos of the site on his trip (does anyone know if he’s travelling this week or next?)

Exmex - i raised that question with Simon last week. The response was they would use previous arrangements from previous flow tests and that PVF also have contracts in place. Sure if you look through old operational updates it will give further info on exactly where it was sent in the past

Freeshare - good post. I think many of us are frustrated with the timeScales but still believe in the business model and potential market cap should one of the deals come off. I also feel it will land before flow rest results are announced. However, I personally feel there’s a big difference between people venting frustrations and intentionally putting the share down to cause doubt!

If you made the effort to call Simon, Nigel or even Minty they would explain! (Which would then make it obvious)

That’s correct Lejjb - we were not in a financial position to pay an additional salary! Also, we weren’t entering a news rich period. Obviously they thought mfdevco was going to land news soon after his appointment and it’s taken longer than expected

Well said sharelock - to add to that, bringing someone into the job who was already aware of GH and the mfdevco business model was a no brainier!

Yeah, Simon voted for May. Obviously that's a joke before certain individuals who lack personality start crying! I am unable to see who voted, just total numbers

Results of the twitter poll. The general consensus of when people felt the first MFDEVCO deal would land 38%May 23%June 17%July 22%Never (for Bob bless him)

Likewise Gggg. Great posts. The trolls are targeting you as they also know this!

Secret - I often admire your posts. You give an educated view on the state of play and seem very knowledgeable. However, I really disagree with your post below. Rising prices are a positive for Nuog and mfdevco! It doesn’t limit fields, our unique ready made consortium makes them more profitable! High oil prices increases those profits!

Sterling99 - what was your old handle? Always suspicious of a new poster who comes in to let people know they sold with a subtle cross ramp! Good luck!

My understanding is that they are covering costs, we have invested close to 20m over the years and own the well/lease and already had most of the required equipment . In therory most of their costs will be man hours and any replacement parts. We get 50% of all profits,

Seadog - we’re doing well at typing at the same time! Taxi - isn’t that out of date? 2013 valid for 3 years and the focus of the consortium has dramatically changed! Thank you for wasting an hour of my life researching something you completely tried to mislead us all on!

So 2013 not 2015?

Can you post a link?

Seadog - I agree with your post. I do feel an update statement covering many of the points mentioned in 2015 could be very useful for us all!

I’m referring to this one. https://www.investegate.co.uk/enegi-oil-plc--nuog-/rns/chairman-s-update/201507310700276483U/

Taxi - are you referring to the chairman’s statement rns in 2015?