Well done Mickel, my congrats to you. Not sure if we will see a similar rise with lnc this month but with some good news who knows. Qtly was ok to me at first scan but will read more tonight.
As for the cricket, I didn't support mickey Arthur's apptment in the first place so all good now...
Good luck there Mickel with the tipping, nice to see your loyalty paying off with lnc. I have managed to pick up a few more shares over the last month or so after selling half my holdings around 2.90. Really pleased with the first two well results from Cedar and this looks to be a good earner...
Nice few days for Ssn holders, up around 30% and big volume. Nth stockyard is going ok so far and looks like a farmin for bluff 1-11 Ann in the qtly today. Looking forward to some good oil flows from sail and anchor and billabong once fraccing is completed in the new few weeks!
Volume and price up on Friday, encouraging signs, news pending? Drilling of NS is going ok, maybe some news on a JV on Prairie Falcon or bluff federal or some interest in Roosevelt??? At least we are near the RI price now.
Basilio,
Agree the Ann on soro 202 was very disappointing, the upper b18 just doesnt have commercial rates in this location. I have to say the lower b18 looks to have some issues with water penetration from behind the well casing and it is unproven as well. I am very doubtful that this well...
CR is on my mind as well, not the best time to go to the market for funding however. Definitely need cashflow to come from 202 real soon!
Interesting trading on the sp today, a lot of bot trading for small parcels but still some larger parcels went through as well, missed a buying...
Anxious times with the North Koreans flexing their muscles, lnc is still getting pushed down and the increased volume today on yesterday is a part of this market concern. Where is the bottom who knows, but I am looking under every rock to be ready for the reversal. In my opinion Linc still...
What are the feelings from holders (or non-holders for that matter) on support for the rights issue? I was encouraged by the instos chipping in another $500k USD as per Ann today, I will be supporting the issue, yep still a believer:o
Wrongun, do you think the third party gas plant issues also impacted the production figures from soro 201? In my research last night the company did mention that over the last few months the third party gas plant restricted their output due to mtce issues and downtime at the production facility...
Yes I read that info too Mickel, tough to take when the big boys short the stock knowing they can pick up the cb's at 3.40 in the future. It explains the drop in the sp which looks overdone to me, but the shorts have the upper hand ATM. It is frustrating but I see it as a buying opportunity all...
Nice post, thanks wrongun. Not trying to doubt your figures but in the qty update in jan 13, soro 201 produced 4.1 mcfgpd avge for the Dec qtr and in the gas plant commissioning Ann in march, they stated an avge of 3.6 on a 10mm choke prior to connecting to the new plant so the decline figures...
202 looks to be in trouble and this does not bode well at all for increases in production in the short term. The recent Ann on the 18/3/13 did mention something about they believe that 201 and 202 may not be in direct communication so I don't believe that 202 is affecting the production rates...
I was happy to buy more at the 2.25 support level on Thursday and will look to buy more in the future. It's an investor story for me and this looks to be on sale so I am happy to commit some more $$ for the long term. Key thing is to see if the support can hold and what future news reports...
Right there berbouy, no patience left for most holders of Samson! This is not a good Ann in my opinion, looks like the only cash option is to try and tap shareholders for more $$$ and most holders have lost faith in the mgmt team. I am looking at taking up the 1for 3 as the acreages are not...
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