Member Info for zatcha1980

bought small amount of WLF this morning.See how it finish today.

you thinking of taking profit at 15.25p?

Cant believe i missed the boat here. Come on WSG and HUM :)

80p + for me. No less.

agreed mat. TRAP should now have £15m in the bank.

10.8p. MCAP now at £25m. This will recover most of the losses today.

What you doing on here? thinking of buying?

You are a twit...

No, the issue is that TRAP has given a low ball reserve for Athena as BOD was being more cautious than Ithaca. Each day they produce dry oil makes it alot better and more chance of TRAP to increase the reserves same as Ithaca. This would mean that the deal made for Athena is a good one. As were not had Water contact makes it hard to determine how much oil is underground. Hence why all partners are eagerly waiting to see when this happen so that work can be carried out to identify how much oil is there still. Also i see same partners signing up for Brule and Bordeaux License as they are very close to Athena Field. No development cost as can be tied in to existing Athena FPSO giving it longer lasting to field. like i say you will see above 15p before Scotney if youre only in for short term. However as long term i expect this share to be triple by end of year or be bought out before then.

To be honest I am here for a long run. However I would see it hit 23p + by June / July time as we will have money in bank half of market cap. At the moment Athena field is producing dry oil and no water contact. Reserves will be upgraded by TRAP will can spike on news.

There are plenty of news to come from TRAP whether Scotney will be success or not. Revenue not published from Athena. I say with now have £14m in the bank and increasing every month. Further news on Trent. and on license from DECC etc. As your looking for short term increase i dont see this going to 20-23p before Scotney results. By the way have you seen any drilling which is above 50%? 33% is better than 20%. I think you should do more research next time if you are looking for short term trade.

About £14-15m end of this month. End of November we will have £30m in the bank easy.

Me too mate. Bought LOGP today for CPR release next week.

Cash flow from Athena not recorded on Results. I think peeps were expecting this to be shown. It wouldn't as results is up to December. £2m per month from Athena and it more than likely that reserves will be upgraded by TRAP would make this a good deal. Plenty of news to come IMHO. So either top up or if youre happy with your holding then sit back and relax

Rude not to :)

Alot of news still to come. Magnolia wasnt a biggie for TRAP. Scotney is. Nice cash pile in the bank and further news on Trent and on other license.

What a move...some sort of news must be coming or being rerated

Were expecting £25m to £30m cash in bank . Athena still producing dry oil and no water contact. http://boards.fool.co.uk/trap-update-12769710.aspx With market cap of £35.02m you have to laugh.

Check it out http://boards.fool.co.uk/trap-update-12769710.aspx Cash year end hopefully to be around £25 - £30 Million.

being worked on. Dont be fooled with the drop.