Ohdearohdearohdear... |
Poor old Peo, any idea where they have "gone"? |
The force is strong here.
What a mess!
This is a good share to use in order to "calibrate".
Calibrate the hype!
Management hype.
Rampers hype.
The use of satellite information.
The surety of experts.
Remember what was said and compare to what the result actually is.
I'm still in the £42 club.
Be careful. |
Thank heavens I waited it out on this one.Always a worry when there are folk spewing fairytales about biggest race to finish line or risk of a takeover. This is a clear sign to wait it out.Cash |
no posts from all the clueless rampers
theyll be scrabbling to get out with half their dough! |
Timberrrr.... |
may trend down to 2p in time. |
5-7p
thats why im never in for results |
Mourning
Chewing gum and string outfit. |
I know I'm a sceptic but how do you think it's accumulation? |
What do you think we were told about the time to test solaris? Because i'm pretty sure that they haven't over run what was written in the rns. Don't forget that they are testing by both tradional and sandjet means. |
Accumulation continues.........but some PI's are just happy to sell to the accumlator(s). Bizarre. |
I hope so, it's been a long wait. |
This is looking like the week....... |
Yes MOU 2 the peak formation in the fan with the big trap above it could be gas to power. I was just keeping it simple for starters cause if we get 30mmcfd from MOU 3 we know there is nearly a TCF at least in the fan. |
mariopeter...what about the flow from MOU2...MOU3 SE/NW? |
Nope. It is a worked buy. Very clearly. |
That will be a worked sell from 9.30ish me thinks. |
Did not understand why the start of sandjet would mean phase 1 testing was a success (Post 6742) until I read p49 of the ITR:
"Therefore readers of this ITR should take into consideration
all aspects of Phase 2 Sandjet testing on secondary targets are contingent on the outcomes of Phase 1 conventional perforation testing."
Good weekend all but my final (maybe really hopeful) thought is if the fan flows like the Gharb aka Rharb ie 1mmcfd per metre of net sand, there will be more than enough in the fan alone to meet all the needs for cng in Morocco for 30 years. 900bcf at 60mmcfd .....30 from from MOU3 and 30 from MOU4. P17 of the ITR shows you 5 comparisons to the Rharb incl the fan. |
450,000 buy after close? |
Bottom of p35 this is what the ITR said :
The Moulouya Fan gross thickness isopach map shown in Figure 20 demonstrates the distribution of
material which is interpreted to have entered the basin from the eastern flank. The MOU-3 penetration
was drilled overbalanced to control shale cavings from the overlying mass flow deposit is interpreted to
exhibit a high-resistivity interval which is believed by PRD to be an indication of gas bearing sands based
on NuTech log analysis. The relatively thin higher resistivity sand interval from MOU-3 is used to develop
a net-sand thickness slab model which has been used as the basis for updating volumetric estimations for
the Moulouya Fan, the results of which are outlined in Section 4. |
It's not clear to me why just 5m was used in the calcs. |
Been looking closely at the ITR today wondering why the volumes were much lower than I expected.
Volumetrics in the ITR allow for a total of 19.5m of sand (P20 of the IPR) including 5m in the fan. Yes that's right five metres in the fan. They do say it's conservative! Sure is.
Some of us think the sands are all full but compare the 19.5m ITR reservoir thicknesses to the following:
RNS 13/7/2023 MOU 3 has 43m of likely gas sands (Nutech)
RNS 13/7/2023 MOU 4 has 64m of likely gas sands (Nutech)
The MOU 3 striplog of the fan p 23 of the IPR shows about 50m of sand.
In the fan alone, if 5m gives P50 152bcf in the ITR then 50m might give 1.5TCF.
The 26.5m of M1 sand in the RNS dated 11th July 2023 (MOU4 result) is not in the ITR either.
Am a bit clearer now what's going on.
Link to ITR: |
Steady buying all afternoon, which is good to see. A flat, or blue, finish after being 7% down will be quite something. |
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