With respect Red. I totally disagree with your statement. Just look at the effect on that poorly worded RNS. At least DW's dusters had a SP run, so investors could make money. 88 killed any chance on our most positive well and we only got to BOP stage and that RNS sent SP south, where it remains.
Can't you see and understand this. Why are you so protective? Didn't you want to make $$$. You fail to acknowledge anything I have said as truth here. I know exactly what's going on and again remain correct. I understand every part about drilling for oil. What is there to seriously talk about, damage imo is done for 2023. Couldn't care less about 2024 today and wanting to see how 88 take months to present wire logging results etc etc.
Do I really need to present an argument to you Red stating the obvious. Really, surely you understand.
I was correct and said the drill was initially encountering issues and delayed, copped flak for my comments.
Then BOP RNS, not going to repeat the obvious 3 parts that killed our SP.
88 tried to update against their own RNS statement in an attempt to resuscitate a falling SP after SMD's. Too little too late. Market sentiment totally gone. Don't believe me, SP speaks volumes. Now all SMD's potential hydrocarbons lost now, means absolutely nothing this year for the SP, as the exit is now happening imo, this year is a waste of money and time for investors.
We will be lucky to see any SP growth for the rest of this drill as 2 things are on the market's minds.
1. drill might run out of time, as clearly said by 88 during BOP RNS and is nearly finished.
2. SMD wasn't a very strong indication imo of commercial hydrocarbons as we need wire logging etc and not going back to flow test if at all until 2024.
SP run only slight chance of a few pips north, as next month we have to wait 11 months or so before they re-enter if at all. SP will again be back at 0.008c levels.
Again, we are here not because we like 88 or believe. We are here to make money and 88 ruined this big time imo and again imo out of one's depth and lacking experience totally agree. Our SP wouldn't be where it is now if 88 didn't say what they did. Own it and take responsibility. Not going to argue about the obvious here Red. You believe whatever floats your boat. I believe in what is real and what happened and what could and should have happened.
There's a lot more issues than just failure to effectively communicate imo, which has had big impacts on SP. I can't believe you can make excuses for the gross mistakes made imo, as we have spent millions on this well and drilling in the most remote part of the world, we all expect no silly basic errors as what we have got here imo. There is no excuse for this and now 88 has to be held to account imo. I call it the way I see it.
Next year people will all see this well and go what happened here, why didn't the SP rally like most of your comment "of DW dusters". At least these were profitable. Maybe someone else needs to wake up here. History has been made Red..... All the best. You vote your way, I vote my way. Sad looking graph isn't it. Waste of a yearly drill imo. Opportunities big time lost here and the holders and market aren't to blame. Most of us know exactly what is to blame. Night, done posting for a while now. Focus on my exit!
View attachment 5170297
(20min delay)