|yesterday 20:38||rmart||Again, they don't need or want the full permit until after the process is proven. Getting $6 mill then will be a drop in the ocean.
Why don't people understand that ? It is so simple. read more...|
You cant really expect the SP to do anything dramatic until the RL capsule comes on line and proves economically viable. That said i expect Total to know long before the capsule results are made public whether they are interested in our lease. read more...|
|Mon 12:15||barkerman||Should do some catching up and close the gap to 1p. read more...|
|yesterday 12:17||kdickson||Just crunching a few numbers as I'm bored...
Latest Shore broker note had risked NAV of 3.2p. This is based on their following assumptions:-
- 126 mmbbl Holliday block reserves
- “in ground” value $1.50/bbl (Total’s joint venture deal implies $5.00/bbl)
- 60% chance of success (CoS) to valuation (this is before Red Leaf capsule
success and TOM getting all permits)
- GBP/USD... read more...|
|Mon 14:46||cheshire2||Vauch - Jorc not going to happen till capsule tested to confirm how much oil they can recover per tonn of shale. The 126 million is based on red leaf's first test capsule which we hope total will have improved on. read more...|
|Mon 12:00||freedom97||Those who have been sitting on the fence waiting for permit news are now jumping in before the mass arrives taking the SP well up. read more...|
|11 hours ago||blackss||Old posts are just that, they disappear off the page. Spec has put the correct info in the header which stays at the top of every page.
I agree its frustrating here but lets not fight amongst ourselves. read more...|
|13 hours ago||freedom97||Worth listening again to what PR said, at the UK Investor Show, published on 17 Apr 2014
At about 22min into presentation Paul answers a question about the permits and bonds.
|13 hours ago||freedom97||Re. JJ's post 1700 it says, "no later than 1st July 2015" So if they manage to complete the capsule earlier, by say 1st June and turn heat on 1 June then the other dates JJ listed would also be a month earlier. read more...|
Thanks for that info. A little longer than I thought but still not too long. I expect a lot of buying will go on when the capsule is fired up. it will be a very exciting period for Tom. read more...|