Member Info for Yanis2005

Is not MM manipulation. Buyers dried out due to lack of info. Also, the warrant holders are sitting on hefty profit and are likely selling. Need somebody transparency to keep buying interest going. Needs an update.

SP back down to 2.20P … damn annoying.

Not keeping the market informed is never a good idea. Unless there is nothing they can do about it and is doomed, they should inform the market even if there is an issue. If there is an issue then say what you are doing about it.

We are down today on relatively small volume for such a drop. If we don’t get an update then we are likely to fall much lower.

I am getting really tired of this.

Serif, there is one big difference now though from where we where pre-Serenity - we have double the number of sharers.

If Serenity flops we will end up at a far lower SP.

And right now there are a lot of shares available for sale, looks like BGF are still selling.

I can buy

250k shares @ 2.80p (at the ASK)
500k shares @ 2.81p
1 mil sharers @ 2.815p

SO, thanks a lot.

Looks like the problem here is the placing. With thinly traded EOG shares it takes a very very long time to clear the confetti.

Last TR-1 from BGF Investments showed that they still had 57 million shares as of 2/9/2022. If they keep on selling in this thin volume they will take the SP back down to where we started.

To me it is extremely disappointing that EOG did not announce the spud date yet! And, yes I know I3E is the operator but announcing the spud date is price sensitive info and is EOG responsibility to announce it for the EOG shareholders.

Baits, no disrespect intended. My concern on circulating those figures is that they could be misunderstood and negatively impact the SP.

As I explained in the tweeter link below, the circulated figures with (significantly) low volumes are basically sampling data and the indicated volumes are the sample volumes, not the SFB flow.

Let’s be patient and wait for the Angus RNS.

Distributing information that can be misunderstood is not doing us any favours. Yes, we had some warrants exercised yesterday but this information circulated today may have also contributed to the pullback on the SP.

Apologies if I appeared to disrespect you, it wasn’t intended. Wish you the best.

PS:

https://twitter.com/yanis_2005/status/1567157252406087680?s=21&t=ZMdmoL7wlS-mqSGXHWJ5kA

BV, people circulating these figures (which don’t appear to come from the NGG website), both here and on tweeter, are running the risk of spreading misleading information. These figures could be misunderstood and inadvertently show low flows.

We don’t yet know whether both wells are on line - we haven’t been told this.

Best thing to do is wait for the stabilised flows. I am sure Angus will issue an RNS as soon as they are stabilised.

Baits, that is complete and total nonsense!

Wait for Angus to announce stabilised flow data.

Morning Selfish, got my feed crossed!., Bid 2.80p, Ask 2.90p now. Looks like an opportunity to add!

Drop in SP is not what isn’t what is meant to happen leading up to the drill!

Large sells after hours down to 2.65p (1,000,000 @ 2.66)

Pre-open bid 2.75p, Ask 2.80p ….

Morning BV, is going to be a blast today!

L2 strengthening up … Bid just moved up to 2.90p ….

3p+ today?

L2 at 07:43 AM

Bid 2.80p …. Ask 3.10p

Bamb, 23000 MCM will blow the roof off lol … will see the SP at over £1 …

23,000 MCM equals approximately 8,280 million therms … we are hedging less than 2 million therms for this month?

Baits, iMCM = 360,000 therms

(See bottom of this page https://www.sefe-energy.co.uk/help-and-support/other-useful-information/energy-glossary/m/ )

So, 2,000,000 therms equals approximately 5.56 MCM

You will be disappointed if you are expecting to see 23,000 MCM. :)

It is simple guys … 150,000 MCM equals (assuming standard cubic meters)

150,000 x 1000 m3 = 150E6 x (1/0.3048ft)3 = 150E6 x (3.28084ft)3 = 150E6 x 35.315 ft3 = 5,297.25 E6 ft3 = 5,297.25 MMSCFD

So the answer is 150 MCM = 5.297 MMCFD (note 150 MCM = 5.3 MMCFD, not 150000 MCM)

Morning BV, some people never learn :).

We haven’t had it so good for a very very long time.

The SP is going up and some people instead of enjoying the ride are asking for news. Personally, I don’t want any more news until we are at least another bag from here … :):):)

Nice healthy rise today …

We hit the resistance at 2.825p and bounced back in a healthy way … we are still up more than 11% after the intraday pullback … all else is smoke … smile :):):):)

Corry, the 15th came from the Simon Oddie interview.

Thanks Giblets