Member Info for Yanis2005

1.55p has been an extremely strong resistance over the last 2/3 years. It will play around here for a little while before moving up. I am holding my sharers with an iron grip.

This is massive. When the second well flow is added looks like the hedge commitments maybe met without the sidetrack … wow!

Add the sidetrack and we may need bigger compressors!

Biggest problems ironed out.

Expect flow without trips soon.

Sales nominations RNS (in my opinion) straight after the Bank Holiday.

**** Flow from one well exceeds expectation ******* let it sink in

“let’s hope we are finally coming out the tunnel” - befitting Serif as Shell had to literally bore a tunnel from the sea to the Bellanaboy Bridge gas terminal to run the production trunk lines through and avoid laying them overground. The environmentalist were objecting, as usual, to running pipes over the peat fields and disturbing wild life!

I agree with you, Inishkea could be mega for EOG, dwarfing all the other assets. And, no new infrastructure needed, only subsea pipelines to connect to the existing Corrib infrastructure and then off to the gas terminal. I feel that the Irish are on the verge of waking up, anytime now.

The info on ADV’s drill is based on a post that somebody posted on LSE? Really?

I heard the COS of the ADV drill was only 20%. No comparison.

Next month we should be getting the interim results. Last year they were announced on 23 September. Fingers crossed an FSP update along with that.

Volume should pick up when the rig mobilisation RNS lands. Fingers crossed this week.

.. made Wiltshire??? Damnb iPad —-
The Irish Cabinet and backbenchers are mad about the current energy crisis they find themselves in

… it appeared that the Department of Energy, CRU and Eirgrid were “all asleep at the wheel”.
For the first time in decades, consumers may be left without power to heat and light their homes, and to power industry.
I am calling for accountability. Enough is enough.
I want to see those responsible for the current crisis held accountable for their actions or inactions …

The Irish Cabinet and backbenchers are made Wiltshire the current energy crisis they find themselves in.

Government launches review of power supply crisis as cabinet anger grows
https://www.linkedin.com/posts/iooa_energysecurity-localsupply-indigenoussupply-activity-6967434514545418240-Vk1k

Interesting …

https://www.linkedin.com/posts/iooa_energysecurity-localsupply-indigenoussupply-activity-6967434514545418240-Vk1k

Very close to the finish line now. This week will very likely be the week in which gas is sold.

Has been extremely frustrating with all these avoidable delays but the finish line, in my opinion FWIW, is in sight now. Friday’s tweet implied that all individual instrument and equipment testing was completed and they started flowing gas. They would not be flowing gas had the individual instrument and equipment testing was not completed. This implies that individual instruments and equipment are properly working.

The problem appears to be with stability of the flow and NOT the adequacy of the flow - steady state flow has not been established yet.

This should not take long. The process is not that complicated; the wellhead gas flows through the separator where water and condensate are knocked out and the gas flows to the compressor, then dehydration package and off to the J-T package. At the J-T package gas is conditioned to grid specification and from there off to export. Condensed gas dropping out of the J-T package along with condensate from the separator are routed to the condensate stabilisation package. Fuel gas and power generation should not interfere with the main process.

From what Angus disclosed it appears (to me) that their problem is with setting up the controllers to balance the flows. Since all individual instruments and equipment are working properly I cannot see what else might be.

Fingers crossed gas sales RNS within the next day or two.

Contractually, the spud must happen within 24 days at the latest (15 Sept), 3-3.5 weeks. So we should get the rig mobilisation RNS anytime now.

Relax people, as per today’s tweets we are now in a much better situation than we we’re this morning.

Hedge quantities are being transferred to later quarters. As I predicted last Friday from last weeks tweet we needed a week maybe more. Well, is not much more.

There is no issue with the gas flow not being “adequate”, the issue is with getting steady flow.

Today’s tweet was a lot more positive than I expected as it indicates that all the preliminaries (I/O testing, function testing, etc. of individual equipment) have been completed.

From what was announced so far, in all likelihood the issue (at least the main issue) is with setting up controller and balancing flows. It should not take them long now to iron out these issues and stabilise the flow.

I think this week coming is the week of gas sales. Fingers crossed and good luck.

Have a nice weekend all.

Yeah, we should be getting a rig mobilisation and spud date RNS soon.

Geeman, agree - as long as there is still one interested party and talks with them are ongoing there will not be an RNS.

If all parties walk away though and there are no talks going we should hear about it and hopefully if that happens we will also hear about plan B in the same RNS.

Personally, I believe the talks are ongoing and something will come out of it hopefully at a good price. Fingers crossed.

Wyn, no news DOES MEAN talks are ongoing … period.

If nobody is looking in then they have to RNS as is price sensitive. They will be breaking the AIM rules if they don’t.

Wyn, fair enough. I will not continue with this as I don’t want to clutter the board.

Now, another TR-1 RNS:
https://www.lse.co.uk/rns/EVE/form-83-eve-sleep-plc-17657ea6cdy1pnx.html

Alan is still buying EVE, he is up to 1.5% now. Here is one guy who is very confident in EVE’s prospects and I think I agree with him.

Wyn, I have some time today as all of my stocks are stagnant.

To pass some time, since you are keen in poking other people’s thoughts to promote proper and successful decision making, I decided to poke yours. I hope you don’t mind.

To put a basis for my point I looked at your last month’s LSE posting history:

EVE…..…. 54
AVCT……. 31
HE1…….. 11
WOSG. ….9
AGL…….. 7
SN……… 2
GLEN…… 1

You have already made it clear that you are not holding EVE stock, the risk of holding EVE is unacceptable to you, yet the largest number of posts by far is on EVE, 47% of posts. The runner up is AVCT with 27% posts. WOSG which you promoted a few posts below only gets 8% of your posts.

Would you please explain your thought process that leads you to post considerably more posts on a stock that you don’t hold than those that you hold.

The obvious answer to this is that you are going short on EVE, this is what most people would think. Are they correct in thinking this? Would you please enlighten us.

Wyn, you read it as “… this is slow and we are still losing money..." and to you it wasn’t overly positive?

Ofcourse it wasn’t overly positive since there is no profit yet. They are still loosing money yes, they chose to be loosing, remember the 2021 investor webinar?

But, as Jack pointed out “This is the third year of consecutive revenue growth in the UK&I market, demonstrating clearly that the benefits of the rebuild strategy continue to deliver and that the recovery is built on sustainable foundations”

Not only they were growing revenues but as they said in 2021 … were going to reach sustainable profitability in 2022.

There is no question about it, their statements on growth and profitability did not come to pass. Instead, we are now facing an uncertain FSP.

One invests in developing companies for the potential growth and maximum returns. Going in early before profitability you can earn a lot more bags for your money than waiting for success (profitability) when the SP will be much higher.

In 2021 EVE looked that it had a bright future, at one stage the cash in hand went up. It all looked and sounded very positive.

A lot of us fell for it. DGU needs a bit more time to come in terms with that fact that what CC & TP promised did not materialise and learn from it.

Anyway, hopefully for everybody’s sake,, this disappointment will change to delight by EVE finding a buyer willing to pay a good price. Is possible, fingers crossed.

Bladderman, a small correction …1.5 tcf (1 tcf is 50% less) :):)