.

At last some sence spoken, in GKP and AFR and XEL not this pile of poo.,.

ditto

I shall remind the two of you about those remarks later....

Yes revenge best served cold, and all the sweeter..

In the mean time SP down 30% or so since pre official news. But Proramper told everyone gas would be good news, market doesn't seem to agree. If it gets down to 50p could be worth a dabble, at least they found something.

So what you are saying is if it gets to 50p the market will start to believe it?..

I'm saying two things, Proramper is full of crap, the market isn't impressed by a gas find. I can go back and find the posts if you want. I'm also saying that st 50p this stock may have some merit in having a punt. Just my own opinion, I have no interest in yours, you don't seem to get much right, I, on the other hand, do. Ta-da :)

How the feck do you know if i get anything right?, just because i don't shout it from the rooftops like YOU do, you've definetly got a VERY big arrogant chip on your shoulder..

In other words you're a tosser!!..

Look : this was a major gas discovery !...now none of us can influence the market...what we can do : is to invest for a better return at some stage and this is what this share has to offer us....market cap is minimal with cash in bank and a big gas discovery under its belt (pretty much certain)....and this next drill could be something special......it is way undervalued as it is in british waters....the world is in turmoil and people are worried and cautious...that is why the sp does not rise as it should...patience ...real value,.. will in the end send the sp higher...

RF - Loligo is NOT a "major gas discovery", or at least has most assuredly not yet been shown to be so ..... as it stands, the jury is most assuredly out until such a time as some meaningful conclusions can be drawn .... the market has it spot on

Grannypoodle, you're very quick to hand out the abuse, apparently black down is a dork for daring to voice an opinion contrary to yours, I mean prorampers! Chip on MY shoulder? Lol, that seems to be your problem. I post my thoughts and since doing so on moneyam they have mostly been right. If you want to check look at Xel, Blnx, Cey, lloyds to name four. I don't over trade so don't expect many tips. You on the other hand have posted what? Pmsl, no chip here, just making money thank you.

Hi Blackdown,

Just seen your post, "Production is years away and the extraction costs will be relatively high".

Oil exploration is and has always been a risky and both a time and money consuming industry, so your comment is an obvious one and to be honest pointless.

Not so. Some (on-shore) fields can be brought on stream fairly quickly and relatively cheaply.

Clearly not the case here and so any valuation of the hydrocarbons (when proved) will include a significant discount.

Cynic...it has not yet been classified yet as one but it will be as the rns implies....this is just the beginning and I'm very surprised that the sp is not much higher...

40p on the cards soon.,.

ah well (RF), you have long worn those rose-tinted specs so you will no doubt continue to be surprised for at least several months more

No abnormal pressure was stated RF, this to me implies that the gas find won't be major despite the size of play. More needs to be known before a firm decision is made. Like Cynic says the jury is still out on this one.

It could be huge and looks to be a monster of a gas find but we need more meat on the bones.

I wonder if that is why ARG is pushing up so much recently? Hopeful of a commercial gas find anywhere in the Falklands.

Pro -I have been asked can you update the header on the xel site, otherwise there is talk of opening a new one.