Post by
gamer007 on Jun 06, 2022 4:51pm
News for drill completion and zones to test in next few days
Management has not dissapointed to date...............and I expect update news in next few days !
As step out was only 25 meters, off same pad............and directional drilling away from RCE 2
The same structural zones are expected..................ALL music to my ears...........
East pepper tie in is getting closer for announcement................more gas production is welcome !!
Stock recovering from oversold condition on pullback from touching 33 highs...........Trading at 18 pence on AIM...............or 30 cents !
Next well should put us over 2000 bopd.............nice solid cash flow at 120 brent !!
GLTA
Comment by
EagleHasLanded on Jun 06, 2022 6:27pm
From zerohedge, quite high and greeting higher U.S. natural gas fundamentals remain bullish as above-normal temperatures drive cooling demand and dwindling supplies that would've been used for the next winter season cause market tightness, sending futures for July delivery soaring 9.5% to $9.340/mmbtu as of 1315 ET.
Comment by
deet on Jun 07, 2022 9:59am
Exactly. Sometimes you just have to be patient and have faith in management's expertise. Again, I dabbled in ATH when it was in the 60-cent range and sold the last of my shares for $1.50 (or something like that)...thinking I did OK. Won't be making that mistake again with AXL.
Comment by
EagleHasLanded on Jun 07, 2022 10:30am
Spot price today is $7.40/GJ highly interesting Pepper wells in the future