Member Info for wookieemonster

Some good posts the last few sessions. Seems to me, taking an optimistic perspective regarding GGS / flaring and JV negotiations, that if the systems are working as specified then production will increase significantly ( if we are not flaring then the systems must be working ) If the systems are working then we must be producing more efficiently.

If we are doing that then the JVP will be happy and probably sign off on the deal as it’s very plausible they will be saying “when your upgrades are done and the evidence is clear that the company / asset is viable and proven up; we complete.

Then the chain reaction of greater production, positive cash flow, cash injections and justified rerate happens rapidly.

Seems to me we are very close.

I think you’re a good poster illusion :) it just got me thinking about what we put up with here that’s all. Wasn’t aimed at you at all. You clearly have the intelligence and decorum to have reasonable discussions with others.

The difference that is so clear here is that anyone who cannot clearly see the positives and only talks in derogatory terms is clearly a moron or told to do so. Why anyone would just talk a share down exclusively is just telling everyone that they’re pointless.

Of course there are many of us who has a very acidic view of the company but can still see the reasons to be invested. We vent, rant and shoot fire, but will often revert to why we remain. Because if not, we would be gone. Only a fool or a troll posts 5-10-20 times a day talking a share down.

The super rampers would be better respected if they didn’t always just sing from the same hym sheet and occasionally address the very obvious negatives.

Any poster who can’t give a balanced view, including some of the very liked posters.. is a huge red flag imo.

This share isn’t perfect. We all know that. But only an absolute maggot would consistently post negatives day in day out.

Let’s hope the company gives us something to be happy about. God knows we need it here.

Oh yay 2p.. we’ve all got Stockholm syndrome.. agree it’s oversold, but what the dickens will it take for this company to deliver some good news.

Other than carrots.

This share has to be one of the worst performing main market stock this last year!! Absolute. Shambles.

Considerably less troll posts last few weekends. Good sign?

It’s a fair theory! I guess there’s lots of possibles as ever, perhaps we will get some good updates this week or next. Be great to end the year on high.

It would be great to wipe out the bond holders before a JV and production up. But can’t see it happening personally. They’re vultures after all.

Saying that who knows what might happen, was just wondering that’s all.

But why would they agree to that if the share price could should rise to 20p+ they would be loosing out?

Why and how would they be removed?

If so shouston then that should directly relate to better production. Unless the reserves disappeared, which, with a touted incline curve it should definitely not be.

Yeah let’s see. No more room for hope and complacency. We need the company to get production up now. And by a decent amount.

Time for actual progress that returns the sp at least to its previous trading ranges.

Alfresco don’t be pedantic, you choose a lower figure to make a point that isn’t a point. Obviously the exact figure for break even / non going concern isn’t exactly known but we can assume rough numbers. If you need a more precise breakdown to understand happy to provide one.

I don’t think that’s actually likely

Or possible but can’t say I know what the company policy is on that, not normally allowed. Being given shares as a bonus, yes. Letting info slip to friends and family, almost unavoidable!

As for £1 by new year. No chance.

Even hoping for a 10 bag could be considered a super ramp!

Yet if we are allowed to rise as quickly as we fell… then 5-15p could be possible! And that’s pretty spectacular considering

Keep saying it. But nothings good will happen unless production doubles and then some.

JV, the mystery wildcard that no one can predict value.

But if you want a baseline..

15-20p pre going concern

- bonds & dilution

+ additional 500-1500 bopd

Then not a going concern again

= 8-12p ( no JV )

Odds of 2p - 100p in 4 weeks =

Does seem to getting more lively and less aggressive trolling last few weeks

Currently we are surrounded by bond bullies and vault vultures. Hence the current sp.

Personally with arts recent change of position and the fact he was in charge of the JV ( with his “friends” ) I’m not sure how anyone can be certain it will provide the uplift we need.

It should provide us with cash, perhaps enough to pay debts but at what cost? Personally I believe currently, as we are in control of so much acreage, infrastructure and knowing we have the current capacity to be producing 5000bopd ( solving the high pressure issues and climate protection ) then we have the ability to do everything on our own.

I’m an engineer with many years offshore and it’s all about production. The JV is akin to a capable friend turning up in a fight that your outgunned in, most welcome!! But, it’s your own ability that will get you out of the mess you’re in.

If we up production to what both our reserves and equipment can do we win the fight.

If the JV comes along and watches our six, we beat up everyone else up just to make sure.

What you tripping on now FF, 50% daily rises! Not all in all. Come on keep up.

There is no rerate. A rerate will be 20% 50% at least!!

You know this you berk.

Averaged down down down from the 20s but my average is still 10p+ I could average down more but my holding is 10x bigger than when I started! I need to see the company prove itself before throwing anymore money here.. the curse of LTH.