Member Info for wordog

Quite often too much ramping has the opposite effect!

You're completely right mate, but only if we find the black stuff. I'd like to think that some failure is factored in here given the COS.

Ah, a multi username user. I knew he was garbled on iii? What do companies do when they gain a poor reputation, that's my opinion on this subject.

My guess would be some time in October

this is true momentum, most haven't caught on yet but looking good so far. 15p pre spud IMO.

Currently 2.44%, something's about to give.

I wonder how long this will continue. Maybe a profit taking dip soon followed by a push to 15p pre spud?

Im in profit!

Is anyone selling this stock? Can only be positive really.

Unlike Paddy Ashdown, I'll eat my own hat. Lol.

Your trades are well documented and I don't doubt that you are in deep here and backing the company. I'm just saying that whatever you have heard must be taken with a pinch of salt.

Assuming he is telling the truth, why would he have brought more? Be careful, as King said, this is a gamble and no amount of inside info will change how much oil is in the prospect

Just read the new presentation which I feel makes the terms of the deal very clear and provides an idea of where we will be if Rhea is successful. I thought I had missed the catch but there doesn't seem to be one, it's there in black and white. Still a gamble, as ever with exploration, but I feel at these levels there will be a chance to skim profits short term and a huge long term potential.

Back to pre farm out. This is madness., I know the deal is long term returns but come on, we have more cash, a free drill and costs covered up to production then 5% gross thereafter! 38% chance of this being huge, yet the SP was pumped and dumped back to where it started.

That is really odd

Huge income stream once it's in production. Only $800000 per year until then. This is a long term investment no matter how you look at it.

Anyone who was invested in TRP this time last year will remember a similar issue with the BOP, it took 2 weeks to sort and commence drilling - that particular well was an absolute duster, so it isn't an indication of oil.

Pre spud would b nice, I could skim some off the top then.

Insane amount of buying today, must give us momentum for another rise tomorrow.

More tomorrow and I break even!