Sorry, guys. Busy cutting wood yesterday and then reading the latest on ECHO (see link on ECHO board), didnt have chance to check in till later ;-))
Looking forward to news on all fronts.
(And my CORO shares)
Nice to see a few old friends still looking in. Im firmly in agreement with B_B on the future of the SOU stable. Looking forward to SOU news, ECHO news (up again today), and my CORO shares landing on the doormat (buy more when they relist!). Overall has the makings of a very good 2018.
SOU at £2.018, ECHO at £20.18, and who knows where CORO will start (and end up!)
Hope we all live to tell the tale.
And , remember the SOU £1 party ? Well I sold a few at slightly less than that to spend on a mid life crisis (Westfield 4.6 V8!) thank you JP :-))))
But, still got my core holding, and holding fast.
Luck all, TP
With regards to the Saipem Drill, maybe another drill anticipated which we have not been informed of or it could just be cheaper for the operator to leave it dormant until our next drill rather than pay mobilization costs to ship it elswhere if no other work booked in for it.
My thoughts are based on the number of rigs lying dormant in my neighbouring Cromarty Firth. Some have been dragged here and left for over two years now. Won't be every day that there is a call for a Saipem Drill rig me thinks.
Maybe we could negotiate a sneaky second drill in the interim just to keep it from being idle
Merry Christmas and a prosperous 2018 to everyone, (Yes............even you CWT!!)
BB, on the iii home page click on log into research account.
In terms of idle speculation Ive been wondering why the Saipem drill is being kept unused near Sidi if the next Tendrara drill isnt starting until April/May. Perhaps there will be another drill in, or near, Sidi before Tendrara? maybe the much hinted at extra acreage RNS will reveal all &, hopefully, in time to be a topic at the next chat on 28 December.
Unless I can shear it, feed it (monetary top ups aside!!!) oil it, paint it, screw it , or patch it with cement and plaster I'm pretty well pharked.
You and me both brother
Happy Christmas and lets hope ii (and our shares) do better in the new year ;-)))
Hi, WU, sorry to hear your having problems even at the log in stage. Ive had no problems working through the reregistering process and new password system but have found the trading platform and portfolio service very poor. No historical records, no average price paid, and Ive heard horror stories about trades going straight to fill or kill automatically or being poorly priced.
So, maybe you wont want to log in !!
Add to that the lack of efficient bb pages...no ability to post buy or sell reccs and the age old problem of inaccurate last trade prices, etc,etc,
ii are a bit like Ryanair. The seats are too close together, the inflight service is poor and pricey, the wait in cold corridors uncomfortable, the staff are badly treated, but we still use them cos theyre cheap and go places others dont.
So, you pays yer money....
Im hoping they resolve their problems and have resisted messaging them to give them a chance to get it right but my patience is wearing thin.
Hope it works out for you but it must be frustrating not even getting to first base. They must have so many angry customers ringing and messaging them just now. More staff, engaged to get them over this hump, might help.
Yes, both our accounts are caught up in a vicious circle. After a very long wait I got to speak to the help people who couldnt fix it now elevated to the IT team to resolve.
There is a problem within I I Is system.
Has anyone else experienced difficulty in logging in to the new III Trading Platform?
I am still unable to proceed past the last four digits of my mobile number and am unable to get an answer from phone numbers 03456076001, 03452003637, or 03452003637 despite hanging on for 10 minutes.
Any help/ suggestions will be appreciated
I like JPs presentation of the 3separate companies al at different stages of their development but all workin towards the sameness endgame. He is clearly building his own empire and this will make him every rich. I guess he wants to retire in a few years but his personality will drive him to carry on. I predict hes the type who wont know when to stop and hell still be doing the same when hes 70. But his drive and determination is infectious and its no wonder his fan base is growing.
The future of the companies is unpredictable because its all a high risk game. But the rewards are likely to be high too. And , yes, there are a lot of details missing. But, despite the openness there is a lot that has to be kept under wraps for commercial and regulatory reasons.
Im in all three (courtesy of the SOU distribution of 1/5 from the CORO deal) and might add more CORO when out of suspension. Some say they might take AST and move into the Balkans. (May even be targeting FRR as their JV partner though the timing doesnt look right) Also, Theres a lot of gas on the former soviet Stans. Who knows?
Lots of doubters have joined the bb in recent months as the sp has dropped from historical highs. Good to hear most peoples views (one or two notable exceptions!!). My view is that SOU and JPs stable are all a good valueBUY
Total pulling out of Iran deal ... maybe a morroco deal instead ?
China National Petroleum Corporation (CNPC) is mulling the taking over of the majority stake in an Iranian gas project from Total if the French company walks out of Iran to comply with possible new U.S. sanctions, Reuters reported on Friday, citing industry sources.
In July this year Total signed a contract to develop phase 11 of the South Pars gas field in Iranthe worlds biggest gas fieldmarking the first Iranian Petroleum Contract (IPC) with a Western major since most sanctions on Iran were lifted. Total holds a 50.1-percent interest and is the operator of the South Pars 11 (SP11) project, while CNPC has 30 percent, and Petropars, a wholly owned subsidiary of the National Iranian Oil Company (NIOC), owns the remaining 19.9 percent.
I sold out of SOU having been in them since before JP joined. I had other investments that were offering a better return. As it happens, the SOU share price is far below the price I sold at.
Im looking to buy back in, but having watched the Turner Pope presentation I just despair at the hype.
Some are even saying that SOU might sell before even drilling any more wells. They base this on the fact that JP more than once said perhaps we might not drill before selling. If this were to happen, we would be leaving a lot on the table.
Do people feel that JP is perhaps looking to focus on developing Echo at the expense of SOU?
I am having trouble understanding what the £1.50 per tcf relates to. Does it relate to GOIP or recoverable resources or actual reserves. Is the recovery factor 65%?
Two of the three drills have a best case of 3.3 tcf, but does this relate to our (net) figure or is it gross? The third, the Paleozoic beneath the Horst at TE5 doesnt have a figure.
I really cannot invest without some idea of the upside. People are quoting stupidly high figures.
Moved to 28 Dec 10am.
JP needs to cut a few more logs.
Good news about MT 2D seismic today, progressing well with clear delineation of zone.
Every small piece fitting together.
Dont you just love jigsaws?
With the next fireside chat this Friday at 2pm I'm guessing that we'll get an RNS update later this week.
As the Saipem rig is still near Sidi - and not doing anything - I'm hoping we'll get another drill (& a paying partner announced) there, before it heads off for the next Tendrara drill in circa March/April.
day cos I CUT MY THUMB PICKLING MY ONIONS but I then read this laterin the day
A man was working on his motorcycle on the patio, his wife nearby in the kitchen. While racing the engine, the motorcycle accidentally slipped into gear. The man, still holding onto the handlebars, was dragged along as it burst through the glass patio doors.
His wife, hearing the crash, ran in the room to find her husband cut and bleeding, the motorcycle, and the shattered patio door. She called for an ambulance and, because the house sat on a fairly large hill, went down the several flights of stairs to meet the paramedics and escort them to her husband.
While the attendants were loading her husband, the wife managed to right the motorcycle and push it outside. She also quickly blotted up the spilled petrol with some paper towels and tossed them into the toilet.
After being treated and released, the man returned home, looked at the shattered patio door and the damage done to his motorcycle. He went into the bathroom and consoled himself with a cigarette while attending to his business. About to stand, he flipped the butt between his legs.
The wife, who was in the kitchen, heard a loud explosion and her husband screaming. Finding him lying on the bathroom floor with his trousers blown away and burns on his buttocks, legs and groin, she once again phoned for an ambulance. The same paramedic crew was dispatched
As the paramedics carried the man down the stairs to the ambulance they asked the wife how he had come to burn himself. She told them. They started laughing so hard, one slipped, the stretcher dumping the husband out. He fell down the remaining stairs, breaking his arm.!!
"WTI $56.69, Brent $62.20 +73c, Brent $62.20 +98c, Diff -$5.51 +25c, NG $2.76 -16cFurther signs of a bounce back from crude oil yesterday as markets thought that the immediate past of a shake out had been overdone, and so it should. Not much ..."
Important message from the Financial Conduct Authority:
Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse.
This could lead to an unlimited fine and up to seven years in prison.
If you have any information, concerns or queries about market abuse, click here.
The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited.
You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong.
Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.
The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements.
Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in.
Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.