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rrs chief reports encouraging production test, page-65

  1. 22,267 Posts.
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    Right again whisky49. Ask ANY small oiler what it's like when their "mates" are no longer there. People are using AKK as an example and that is a classic case of a company getting caught with their pants down and having no choice but to rush cap in hand to their SHs with another massive diluter, because their "mates" are still having their fingers burned from the SI placement, at a higher price than this one, only 3 months ago!!
    They'll have an I.C. of 2.6 billion shares and their S.P. is still .01!!

    Now those two words you used should not be ignored "cash cow". A nice analogy.
    Now the overall size of the udder is most important, as it gives the farmer an indication that his cow has at least got milk. But, what brings the cash in is when the cow is actually milked, otherwise all he's got is a cow with a full udder.

    And you can see how the market loves to see flowing oil not just reservoirs of it.
    The size and numbers of the reservoirs will provide you with the P.E. for the S.P., but the flow rate will give you the initial S.P.
    The logs will tell us the size and numbers and, if positive, will certainly move the S.P., but the flow rates are what will spike the S.P. the most.
    The questions that we should now be asking is when will the flow rates be announced? And we can't use the timelines of A4 as a guide, as they were completely distorted.
    So, could the next ann be a double whammy that will fire everyone up? I'll leave that to the techno boys, but, they've had the logs for nearly a week and you just never know, they might do a flow at least just to keep HC quiet!! LOL.
 
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