LNC 0.00% 99.5¢ linc energy ltd

new completion reports - nice results, page-6

  1. 2,851 Posts.
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    Szaba,

    Thanks for letting me know I'm just another Punter Spruiking

    "Otherwise they are just another punter spruiking numbers in a data vacuum pretenting to know the unknowable". 

    I actually thought some of my cashflow and Oil analysis may of been helpful to some investors particularly as information is very sparse.


    When the September 2012 quarterly oil production numbers came out I was the only person that identified the high decline rate problem and I have subsequently been proved 100% correct.

    I got totally hammered by just about everyone on this forum (particularly from you) and yet even PB has now come out and admitted that they have a big decline rate problem at Barbar Hill.

    PB and the team were still talking up production and yet last quarters gross production was still only at 4605.


    I agree production will increase due to Cedar Point and its not easy working out by how much.
    However if you don't at least make some sort of educated guess as to future oil production and cash flow I don't see how you can safely invest in the stock as cash flow is a major issue.


    Spruik "To promote a thing or idea to another person"

    If I am just another punter Spruiking the market what would you classify your earlier comments today as.


    "I am waiting for the big reveal and I am hoping it is pretty soon". 

    "All of these things sound exciting and at least Linc arent prematurely announcing things but this is the opposite extreme if you ask me..."

    "Maybe some kind of big reveal on oil production either just before or in the annual result in next 10 days...."


    I really wonder why I bother trying to help you guys sometimes......






 
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