88 Energy Share Discussion Threads

[timw3] 13/11/2017 23:20

O/t Schroders and L&G coming onboard in JOG as per after hours RNS.. Think i will need to start reloading here on the back of them two big guns buying.

[ocso1979] 13/11/2017 20:17

Looks like we get an Aldi voucher from DW for Christmas again.
Same old DW over promise under deliver.
Remember he earns the big money already.
Tick tock longer is take the better for him. He doesn't give a toss what the share price

[lithological heterogeneities] 13/11/2017 14:59

Hardly surprising with no testing until April minimum.

[ocso1979] 13/11/2017 14:50

I have to correct myself it's going to be 20%. For the balance.
Obviously LTHs will say wouderfull top up opportunity. Lol

[ocso1979] 13/11/2017 12:12

Fake news is fake news lol

[vikingraidertoo] 13/11/2017 10:40

There was a good reason - a (hedge?) fund bought in for at least £30m last week, filled order by Friday morning. Look at the volumes. Good news is that at least some bigger player sees value over 1.6p. May be similar rides coming if anyone others buy in. Ignore the trolls with fake news.

[kaisersuzae] 13/11/2017 10:11

Placing coming imo rises with no reason and a presentation slides done by management- tick tock.

[ocso1979] 13/11/2017 09:54

And her we go another lot get locked in.
Welcome in the club. Hmmm 10% down

[ocso1979] 13/11/2017 07:50

Nice re rate coming 10-15% at least.
Them 1.7p ramped price will be expensive.

[ocso1979] 12/11/2017 13:55

Calm down tiger. It will come good just teasing you.
You can buy an another round of kebap for PB soon that's what is so about back patting club.
Call it the well done club. 0.3-4p and didn't sell any club is it Mickey?

[enewman36] 12/11/2017 11:39

pmsl, that did make me chuckle :-)

[spooks4] 12/11/2017 05:38

Osco you are a fully ignorant twit who has no effing idea at all. The idea that AE will close if ice 2 does nor deliver is as deluded a statement that an ignorant clog brained cheesehead like you could ever drop out of its rear end.

You continue to lie and act dishonesty and attempt to mislead it is clear that you have no idea at all.

Cash in bank after paying for ice 2 and 3D = what, go on try and work it out.

Already the recovery in the share price is now making o it attractive for Options due in Q1 to be converted how much does that give, ok go on, see if simple math is beyond you. I expect it is

Ho much is credit balance when SOA is refunded during 2018. go see if you can do simple subtraction, I doubt it.

3$ pb benchmark now set up by neighbour to the western area for proven reserve of CONVENTIONAL. We have leads for 1.1$b and with 3D the means to attract farm in. Not to mention a new significant lead.

You are an un-researched dullard and dolt who continues to act dishonestly.

Compulsory sterilization to ensure you cannot breed is the order of the day. The share price will get smashed if the Ice 2 fails, that does not mean the cash is gone you fool. You think the share price changes the amount in the bank or the costs of drilling, you are thick as well as dishonest.

You have disgraced the proud colours of orange turning them into a sickly pox marked vomit yellow to match your spineless colours.

[ocso1979] 11/11/2017 19:58

spooks4

You do speak rubbish again if IW2 won't work we can close shop share price would be back to 0.1p!!!
That is the cake the rest just hot air.

[spooks4] 11/11/2017 02:04

dave19w

If we knew what ice 3 is going to be then we may get a clue.

1/ will ice 2 go straight to horizontal and call it ice 3, we need 14m$ for that we look about 7m$ short

2/ Will ice 2 get extended flow test over several months, puts money in the bank, with Poo up and probably hold due to Aramco float. Added advantage is end of year options would get converted add another 1m $us into the bank. By year end 2018 the credit from SOA on the BOA loan will also be in. The Q1 Options will be in the bank as well. Total funds 17m$, whilst sale of oil from the flow test covers daily operational costs and pays for lease rentals and market regulatory costs. 100 bpd at 60$ = 6000 x 30 days= 180,000$pm for 6 months flow test to prove decline rates etc over 1m$ gross sales.

3/ Assume 2 above probably allows allocation of 14m$ towards costs of conventional wells. 7m each for Bravo and Charlie, Bex covering the 3m balance and a farm in partner for another 10m$ per well.

The flip side is that ice does not work out despite best efforts and they use all funds on Conventional so 3 above comes into play but see reduced AE contribution to 5m$ per well.

I am thinking that funding may not be such a big concern for 2018. even if ice 2 does not deliver.

[rossowheels] 10/11/2017 20:37

Excellent share price performance almost doubling from Oct 2017 low.

[dave19w] 10/11/2017 15:02

Probably they will use the cash in the bank.