Member Info for wraith

Yes, looking at the history, it is good to have Mr. Anthony Potter back, (RNS 13-Feb-13). http://www.bloomberg.com/research/stocks/people/person.asp?personId=292822&ticker=MVN:CN BW

We have -" A second Jurassic prospect identified by Kosmos has yet to be reviewed by McDaniel pending receipt of additional information. Sophisticated additional detailed seismic analysis is planned for 2015 to mitigate drilling risk among the top three identified prospects including trace inversion, AVO mapping and modeling, spectral decomposition and attribute extraction " - this news to come. Source: http://www.marketwired.com/press-release/antrim-energy-inc-announces-2015-first-quarter-results-tsx-venture-aen-2024434.htm BW

Have not seen a Spud date published, Rhea is 6 in drill order. BW

Yes, & even at this level, our Market Cap is only £21.61m approx,... looking forward to the drilling of the first exploration well to test the Rhea Stack. BW

Just been reading back,.... for clarity, share your views, on this thread. BW

Tuggy,... share your views. Have a good Bank Holiday. BW

Yes, agree with you, I also think its looking good. BW

eegbvi,... our BOD have outlined their future strategy ("4.Ongoing activities and strategy" in the 13-Apr-15 07:00 RNS LICENCE PL001 FARMOUT AGREEMENT ). If this strategy results in a further licence,..... we were exploring how they may go forwards, I was looking at the route of minimal dilution. BW

Ginny,.... This could be an alternative approach ;- First Farm Out, as we know gives 5% Royalty ( Argos will retain an overriding royalty interest of 5% of gross revenues from all hydrocarbon discoveries developed within the Licence (the "ORRI") ),....... we already have additional 3D over Open Acreage, we apply for licence over this Open Acreage, then repeat similar Royalty Farm Out in due course,... acquire further acreage & repeat, building a portfolio of Royalty licences. BW

Have no intention of selling ARG myself,... interested to learn more about the 3D seismic data in open acreage to the north of the licence, that ARG aquired in 2011, to identify additional prospectivity in the northerly continuation of the Basin. Have also topped up here since RNS. BW

Rhea is 38%. (The risk factor is the Geological Chance of Success also known as the Chance of Discovery. There is also the additional risk of Chance of Development, which is not specifically quantified.) BW

Lets hope we all Enjoy our spring here, & -"The New Day"- bears fruit. Enjoy the weekend. BW

Ha ha, I remember he was not very popular last time. Tune foe weekend, https://youtu.be/YgFyi74DVjc BW

squeky,.... RKH were very kind to me last time, I am not holding any at present. I am holding ARG, BOR, & FOGL,..... increased my FOGL position on Thursday & Friday by 75% (started buying back float position there),... of the Funds I have allocated to the Falklands, this puts my Funds Invested Ratio at : 11.15% approx ARG, 14.35% approx BOR, & 74.5% approx FOGL. BW

correction,.. should read 218.86m Shares in Issue. BW

Still here waiting,... with our acreage & Market Cap of £13.13m (only 218.86 Shares in Issue), I am not going anywhere. Have a good weekend yourself. BW

I share your view on FOGL & ARG having more potential % upside. Welcome to LSE boards. BW

Yes, i remember it well,.... costly experience. Not holding RKH at present, mainly in FOGL,.... I do hold a position here at ARG also. BW

Yep,... I would want to see at least an even share swap, to protect against SOU paper reversal to 52 Week SOU lows. BW

Yes, in this market you could be right,..... I am still sitting here with a virtually free shareholding, so well positioned to pick some more up sub s/p@3p, if we get there. BW