Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
I agree, no rush, gas prices rising, looks like the timing for a massive gas find gets better every day. Sure the team know what they're doing, just need to trust them. Foreplay is more fun than getting it done quickly.
Bognor Regis 11C, and mostly sunny. Sea calm.
At this price its a screaming buy. Gutted I bought more at 37. Need more money, this will be back to 40 by spud.
Must be a seller in the background because it looks like mostly buys today. Anyone with L2? Not that it matters, im just interested.
Think all the pr happened too early. In the doldrums this week but next week the countdown will really be on. 13 days ish to spud. Not long.
My point Marineville is we dont have cowboys drilling for us. Schlumberger are highly respected professionals who we are paying to do a first class job rather than the crew who were running the show before. That being said 2 weeks is a long time on aim so I will turn off until next week. Hope we dont have to pay for a second spudding ceremony.
Great news, and lets not forget the drilling team are part of schlumberge, one if the biggest and most respected drilling service providers in the world. These guys know what they are doing and don't get involved on a whim. Great news, looking forward to spud.
People talk about this drill as a one hit wonder, its not. Its the first of many drills, this just decides how deep we go in the furure drills. Either way r1 and r2 will be exploited with further drills. Hits deeper down will make the drills much more profitable.
Great update information wise, David looked uncomfortable but hes not a pr person so c'est la vie. Very happy spud on track for early Oct.
May be too little too late for some, but some of my faith has returned too. Regardless of the Bod, the oil is there in the top layers which can be developed to increase production and shareholders value. If the oil is deeper this will just happen much quicker. overall its win win and dividends, thats why im still here.
Have to say the way Jp gets excited about sound and our acerage is very catchy, and the way Jp conducts communications and interacts with shareholders is excellent. My experience has me trusting what Jp says and I hope he is correct about the outcome. I am a big Jp fan and I don't see anything wrong with that because so far over the last 5 plus years my trust hasn't been broken. Lets stop attacking people who are fans of Jp because like me we all understand this is an investment and not a teenage crush... I have golden tickets at the ready and in Jp I trust ;-) lol.
Thats an interesting article, good spot. Little concerning for Phe if the technology takes off quickly. Seems to me the first to market may dominant for a little while. Phe may have a small window of opportunity before something better or easier comes along. However I feel that the technology in the article is a few years off. By which time we should have a few plants in the making for early addopters. Delays aren't helpful though.
Thank you jabberba and sharesport. Hadn't read the agm notes so that is excellent. Seems like a win win company, lots of risk out of the way, patenting being thought about to protect the design, lots of positives. Sure the rest of the world will catch on but hopefully not before I have a few in my isa.
I am aware this share has almost got a 12 month delay from expected timescales which is why its down to 0.3. Good time to start accumulating in my mind but is there news in the next 12 months that is expected to move the share price in a positive direction, obviously further raises or delays may do the opposite. Thanks.
This low risk drill gets more and more risky, delayed by over a year and now this! Its like a Greek tradgedy, reminds me of that astroid film with Bruce Willis -armageddon. That turned out ok, but Holywood tends to have reasonable endings. In the Congo im not sure! Need an 11th hour hero. If this comes in I might write a book- it will be an epic at this rate.
Given the steep drop in price you would have thought a clarification is in order by bod. I don't expect news for a week or so. This could get messy! :-(
This company is still early days even though we feel like its been a long time. Sales will come either now or next year, I am still accumulating so a lower price won't kill me in the knowledge that this time next year we should be significantly higher and when the dividends kick in I intended to be holding a truck load of shares. 100 years of product!
Quasid /yp has loads of these shares, but I suspect he buys on a monthly basis and prefers to keep the price low.
Yes, that and we haven't started site preparations or got agreement from the other parties so still in limbo limbo land. How low will it go?'! Hopefully news Monday.
Well if thats the case so be it, but I kind of think with the first 2 Wells successful and commercial, any further drilling may not happen with good seismics showing what should be there will ne all thats needed for te11. If delays are about making sure we fully understand what we should find when drilling then so be it. No more badiles would be great.