Member Info for Zebra04

The plan was to test them together and prove up the linkage and predrill hypothesis on the field. Paul got what he wanted from mou1 to make him confident to go drill mou2. Now mou2 has a delay he has decided to test mou1 to unlock financing options whilst they wait on mou2. To me that appears logical, it wasn't the original plan but it's making best use of it.

You've interpreted it as mou1 is a duster, so paul depsite knowing this is chancing on mou2, mou2 is stuck and so now he has decided to test mou1 and prove up it's a duster. In the off chance it proves up commercial, Paul will take a break and not commercialise. He will also Ignore mou2 as well despite proving up mou1 is commercial.

I suppose balance is good

Mem
I have no interest in meeting you, I have better things to do with my time. It's ridulous you presumed I want to meet with you.

You're acting in your lone capacity. Many folks acting individually can have a collective affect. You're already aware of that so why am I telling you.

As a single person no. But joining the trolls when a delay rns is published helps drive fear in a tiny mcap and thinly traded stock. It only takes 30k shares for mms to move sp.

Everyone here has you figured out already. What's ridiculous is your lack of shame.

Jimmy if mou1 flows no one will care about funding.
Like Paul has said there will be plenty of options for funding after that.

In the unlikely scanerio it meant a placing that would be at a much higher sp. Paul is not going give away shares for cheap this close to the goal.

Mem you could've made more than 25% by now if you bought 2 weeks ago instead of trying to drive sp even lower.

Jimmy its not investors worried about placing its traders.

Folks like mem hoping to make a quick 25%.

Not sure why you guys entertain them.

@colon

Agree, it's definitely the most bullish and confident I've seen Paul since ipo. He's very usually very conservative.

£25mil mcap despite all the progress and data from guerciff is crazy.

Upside here far outweighs the downside.

On positive results even a 4x in shareprice takes us to a paltry £100mil mcap.

@oilyfred

More likely than not, it would take us back to pre-rns levels. All positive so far from drill data and it has lowered the risk of hitting the jackpot.

Share price should be higher than pre rns.

Mem

"A massive clay seal capping a larger area, deeper, under high pressure, possibly significant larger volume of gas across a greater area…."

That was already known last week when you called for a 3p Placing. The sp is up 40% since then as well.

Back to predrill prices and above.

At mumbo

'I am not sure what the rig booking situation is like, it may get sent elsewhere if we are not able to produce something in time"

Information is out there. Paul said we have it for months. Sdx has no short term plans. Rig stays in morroco.

Mumbo
You want to dilute yourself 25% to presumably overpay to try get there quicker or just incase something goes majorly wrong? Even though mou1 test results are next.

Sorry but that is ridiculous.

clearly not an investor.

Mumbo what if an earthquake happened and the well collapsed?

What if whilst you worry about what ifs the company successfully passes the seal and hits the target?

Mudwork isn't my expertise but if those experienced in the sector are not worried and buying, why are u so worried?

If a placing was carried out it would be a small amount at a higher sp. As you worry the sp has goen from 4p to 6p.

Thanks to Billy Ray for transcripts

"We’ve increased - in house - the chance of success because we now have a perfect seal model that we didn’t have before because gas was escaping all up the section in MOU-1. We have evidence of far better reservoir development and lots more sands here. So from that perspective we see the chance of success has increased. How much? I won’t put a judgement on this because weighted against that operationally we have to get to this target"

And lower sp.

The sp shouldn't be at these levels.

Predrill risk of lack of seal has been eliminated. Paul is more confident now than before drilling started.
A successful find is worth multiples of current market cap annually.

Mou-1 results to look forward to and then the sp will really take off.

So you did watch it but it appears you failed to comprehend what Paul was saying.

You want the company to do its largest ever placing at these low levels when there's no need at present.

Just buy already mate. Few pennies here and there won't matter.

Mumbo why don't you just watch Paul's interview instead of posting rubbish.

Raise 5mil at these prices? Don't be silly.

As an investor that makes no sense. As a trader it will give you an entry point or help make up losses for those that panic sold.

Anyone trying to bring the sp down isn't concerned about others temporarily having paper losses if a placing happened.

They just want a lower entry for themselves.

Bob

A placing is all they have to bang on about. It's getting pretty boring now.

All the rest of the information that has been released by the company through official channels, points towards this being a life changing investment.

I've followed Paul for years now, he is easy to read and he is definitely excited the closer we get and he has decades of experience as a geologist, this is what he has done all his life. He's not a lifestyle/city type ceo. He's an expert in the sector running the company.

His reputation and own money is on the line. He's invested far more than us punters into the company.

I've said it before, if Paul's calm I'm calm. He owes 45x as many shares as me.

Two days in a row we've bounced off intraday low and closed blue. Bullish.

Traders who don't want to wait exited this morning.

Fair to say those who are unhappy with the update have sold out by now.

Onwards and upwards.

3p brigade, keep dreaming.