Member Info for Wontongue

How did you get on with your buy this morning Yoglet?

Https://twitter.com/Share_Talk/status/1699059058446315747

These results imply significant upside to the reserve range assigned to the Stockstadt Mitte segment in the CPR published by the Company in December 2022, and this will be the focus of one of the post-well projects.

Is my math correct?

So going off original pre drill estimates of 2P oil reserves of 3.784mmbbls we can work out the profit margin by adding the profit per barrel (50 dollar) by the original figure 3.784mmbbls = 189,200,000

And the reserves seem to be now estimated at SIGNIFICANTLY higher than pre drill estimates?

Never been my strong point but popped in to my head earlier.

GLA Wontongue

Definitely the calm before the storm.

everyone holding on tight to their golden tickets eagerly awaiting the illustrious red dot.

Wontongue

Until we get a whiff of news this should stay at the current level, P,I's and I,I's quietly loading up before the transformational news lands.

They will then decide to go all in once the figures have landed and can be 100% sure the same as the rest of the eagle eyed punters who will be wishing they got in earlier as always.

GLA Wontongue, news this week IMHO

Only using parts of RNS to me seems negative, the company will update as and when they can.

I'm sure your doubts will be gone when the next news arrives keep it together until then for your own sake.

Your Agenda

HMS stop leaving out important info that does not suit our agenda.

The electric wireline well logging has now been conducted in the well and is interpreted to have encountered good quality oil-bearing reservoir in the Meletta and the PBS reservoirs with porosity ranges above pre-drill expectations. The initial evaluation of the logs over the PBS indicates a 34-metre gross interval containing 28 metres of oil-bearing net reservoir, with porosities averaging 18% and up to 28%, all of which significantly exceed pre-drill estimates.

The update will come when the company sends it, a good company does not update everyone to satisfy their insecurities about their investments.

They update when they have news to update.

GLA Wontongue

Apologies SIGNIFICANTLY Higher was the term used.

It will come stop freting about it.....

The last info was that reserves where considerably higher than pre drill estimates.

That is all i need to know to be sure of the company.

GLA Wontongue

Definitely a show of confidence from the BOD with the tweet, They have seen the results and are preparing the RNS, if the results where average there would be radio silence until RNS yet we have had multiple press releases stating well above expectations along with a good SP spike recently.

Bring on the flow rate RNS!!!

GLA Wontongue

Self funded, the best companies to be in.

Very reassuring that they would only raise if they was to accelerate a projects potential.

Nice.

GLA Wontongue

I think it was set up for a false drop this morning from the MM's afternoon push yesterday to get some shares moving this morning.

Onwards and upwards IMO

Some very good sentences there Buzz.

You had me with unusually pure 🤣

Wontongue

How refreshing i is to see a CEO who is very happy, informative and beaming with confidence about the prospect of the project ahead.

Thanks for the info good times ahead.

Stupidly low prices here compared to 6 months time.

GLA Wontongue

Thanks for the info.

And also with the price of a barrel going up in the winter months we could be on more of a winner with the 2nd well.

Wontongue

Thanks Casper

What is your estimate from the below figures?

I've seen some valuations mentioned over the past week.

Wontongue

Very promising, sat on the fence for a while and got in a bit later than i should of but wanted to do my research first.

Looking good on all fronts.

GLA Wontongue

Ronnie SSSHHHHHHHH its a secret Get in quick before the crowd no about the SC6 in that's been produced in the lab 🤣

GLA Wontongue