Indeed but if they ultimately come up with the goods, who cares! |
Getting close to declaration of commerciality and great news MOU3 going first. You know they love the top shallow bit on MOU3 and that could satisfy the CNG alone but it will require a second drill into that sand for CNG development which is fine if she flows this month. Conventional testing is good news I feel too. Many sands in MOU3. "Whatever it takes".
Glad to get the update. |
The Markets Didn’t think much of that update. I bet the share price will just be stuck at this level for months!! |
Although they have just set a new deadline in 11 days time. Let's see if this one slips... |
I have to say, this bod has an excellent track record at timeline push back. |
You're welcome |
The force is strong here.
How is the share price chart doing?:
free stock charts from uk.advfn.com
There is a singularity approaching.
When the short, medium and long term moving averages and the share price coalesce.
Will the share price go higher or lower?
Watch the Bollies:
free stock charts from uk.advfn.com
The share price is locked in a narrow band.
When it emerges, up or down, the change will be dramatic.
Make sure you are on the right side.
There's a big bang coming your way.
Be careful. |
Upwards and onwards as they clearly didn't make much of any money out of it! |
I would be interested in people dealing yesterday being checked up on as that was a large amount of shares that went through so some were dealing with knowledge of the delay! |
At last the BOD are Alive !!! Thank you for the update!! |
Thanks for the update!!! 😉 |
Guercif will be sold to a big buyer imo within the next 12 months.Multinationals in the energy industry are looking in |
Can anyone clarify please. The company contacted a French Sandjet co for rifles testing without a wireline logging unit. So presumably they were paid from the recent fundraise and effectively sat idle for the term of the contract.Who have contracted for the conventional perforation gun test. Do they still get paid if they sit idle because the wireline logging unit isn't released on the 10th ?Rigless testing MOU-3 using conventional perforating guns is currently forecast to begin on or before 16 October 2023, assuming that the wireline logging unit is released from its present contract on or before 10 October 2023. The Company will provide an update if there is any change to this date. |
So why are you here? |
Until they get it proved it's still pie in the sky and nothing more than a waffle talk. |
Those shorter wallies have soon disappeared!? |
Prove it, sell it... Go Elephant hunting... MOU 5...Titanasouras
All good. |
Good progress has been made on opening discussions for the offtake of gas on a larger scale than was previously envisaged by the "Proof of CNG Pilot Concept" strategy.Financing options are being crystallised which will allow funds to be re-purposed for further appraisal drilling activity and value accretion through drilling success."What's not to like here :) |
'Discussions opened to sell the Company's share of gas at the well head' |
puphead: The company, perhaps? With its strong balance sheet? |
Good update, testing mou 3 first in a weeks time and in offtake discussions. Strong balance sheet with the GBP 10m raised recently which is sufficient to test 3 wells and drill one new well.Happy with that |
Now they are going to test MOU-3 instead of MOU-4 using conventional perforating guns with a follow-up Sandjet test. Who is gonna pay for all this? |
puphead: "you couldn't make this up"? But you did.
The RNS mentions the company's "strong balance sheet". What is your motive then for speculating about a possible placing? |