Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Hopefully finish even today then start to climb from tmrw as peeps take positions for the inevitable flow rates :-)
Hi cm, yes he did manage to get the essence of the story over very well. Impressive!
Looking forward to not only C-37 / C-30 but the direction of travel after that ..... do we hit Zardab once again or onto the marshland???? Decisions decisions ;-)))
Wow - that was a great interview AC - hats off to you. Yes I also picked up on where the sp should naturally be so happy to hear that.
Need to check the back of the sofa for any last coins !!!!
1) Any thoughts on the potential size of the prize at C-37 from the 3 new structures (I recall 16M payzone)?
2) Will they therefore be able to predict the size of the current producing zone at C-37?
3) I assume if the answer to the above is known we can make a guess at potential at C-30?
Thanks in advance
Please read the RNS from yesterday morning :-)
Hoping to grab a few more today.
Maybe we’ll get another tweet of casing completed or even concrete fill etc. Flow test can’t be far off so next few days should be interesting.
A decent flow rate is welcome, but the other piece of additional info is the no. of barrels of oil in place from the 3 new structures that we can add to the current reserves (31M+ ;-) ..... also upper C still in play so a fuller update would be nice. On we go ...
H74 - I would ignore the noise .... same story different day.
250k Buy at end of day tells you all you need to know. We know where this is going (but happy to pull back to allow me to top up please ;-))))).
Anyhow C-30 works progressing and as our more learned posters have highlighted casing could be completed this week so on we go. Flow rates another day closer:-)
The Shares truly are changing hands from the impatient to the patient ;-))))
Ignore the noise - the sp will take its course - holding tight!
And great to see the PR machine in full swing!
Fantastic work ZEN! Thankyou
Just read the RNS :-)))
It’s getting better and better .... with operational success st C-37, the high price of our oil and reduced debt ..... well, stars are aligning :-)
Hopefully another good day here .......
Yes definitely time for abit of a catch up to the other markets!!
Can you believe the potential here:
With each additional 100 bopd our total revenues increase by ($69x100x365) $2.5M !!!! So just imagine even half of C22 .... ($69x350x365) $8.8M !!!
And that’s just at C-37, then much of the same at C-30 ;-)))
Roll on .... DYOR
Not getting excited yet .... we are an existing producer and at today’s price we are already bringing in (270x$65x365) $6.4M total revenue ..... and hopefully about to add a significant uplift in bopd :-))) ....
Please DYOR
Nice!!!
Thankyou ZEN - much appreciated. Onwards and onwards
Would be nice to get a tweet of the casing installed ... flow rates not too far away ....
As expected !!!
Good time to announce a bumper crop!!
We also need some info on the A100 rig and where it’s going to first - hopefully Zardab and Z-21 - but let’s see.
Plenty of news items to stimulate the sp. holding tight ;-)
Hope we have a great week here.
Agreed Zeb, if nearby wells produced upto 700bopd I do hope we can get a minimum of 100-150bopd (however am quietly hoping for a lot more at this transformational well :-).
Could see a spike in Poo tmrw - who knows!
Hoping for some news this week to kick start the rise with the inevitable flow rates due. Then it’s off to C-30 for much of the same and hopefully more :-)
Will be interesting to see where Urals and poo open up on Monday morning !!!!
It would be a good time to announce a substantial flow rate or another piece of good news. Maybe some will start to look at alternative options for oil production considering today’s issues and ZEN is perfectly placed ;-)))) ..... feeling very positive about the future here. DYOR
Yes we need to make up some lost ground on the sp :-)
Hopefully very soon C-37 will be put into production and oil will be flowing directly to market and proceeds into our coffers. Let’s get those all important flow rates and off we go. Then Straight onto C-30 for much of the same, what’s not to like ;-()
Anyhow enjoy the warm weekend all. Onwards and upwards next week. DYOR