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Ice9

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  1. Ice9

    AZZ

    I'm back in this morning...........I have upgraded the foxhole (but don't expect to be in there too long). Traditionally, AZZ has done well in the run up to the AGM........this year we are expecting FD3H ip data at the same time.......and the major drilling campaign is underway.........will be interesting to see what else they have to add : ) Hope you guys are well. GO AZZ! Regards, Ice
  2. Ice9

    Silver

    Macduffy, I think the nypost was the only mainstream media outlet to mention the original story? If this gets serious, the mainstream press can't ignore it. Andrew McGuire: love your work! Great to see!!! Regards, Ice
  3. Sharkie, Heather Ridout was a member of the Henry tax committee..........hardly an independent observer! These guys have another way of viewing this new tax: http://www.moneymorning.com.au/ Regards, Ice
  4. Ice9

    AZZ

    Hi Fraz, Short answer, sold the foxhole AND AZZ......and I HAVE got a McLaren Mercedes (in need for speed most wanted, on my sons PS2). Basically, I'm delighted that AZZ came back from the dead and I was able to recoup my paper losses. I'm just not pushing my luck. I really believe that they have finally found their company making project and should break out of their boom/bust history. I expect this drill and the next to live up to expectations and following these wells the reserves will be upgraded. In my opinion, if they are going to get taken over, this will be the time. The only reason I'm not still in is because I've lost my appetite for risk. The market in general has become a joke.........the world is laden with debt problems, the media is promoting a recovery that is clearly not there and even though the main governments of the world are determined to manipulate markets higher, at some point, reality will prevail. IMO we are moving into a period where there will be downward pressure on US gas prices due to oversupply and Northern Hemisphere summer? Long-term, these shale plays are a bonanza, but short-term I'm not so sure. Anyway, I still love this stock and will be keeping an eye on it, but just out for now.........if the general market holds up, it should go to the moon.........Just dangerous market conditions IMO. Best of luck to you guys........It's been an amazing rollercoaster! Go AZZ! Regards, Ice
  5. Ice9

    AZZ

    Hi Albion, I agree! Takeovers aside, the only piece of the puzzle that is missing at present is financing. James has a finance background and would surely have given this some thought over the past few months (considering how likely success was)? As I have said previously, they wouldn't have commenced operations at 3 and 4, let alone signed agreements with nabors and haliburton (for 9 more wells) without having plans in place for finance. The uncertainty regarding finance could be one of the reasons the price didn't go nuts today.......but it could also be that the market was smashed, or that too many people planned to sell into the expected rally? As you know, this stock isn't always predictable : ) ---------------------- Mr Walker, I realise that the 35 well target is related to acreage retention. But, in relation to proving reserves (or whatever they have to do), now they have some actual flow rates, is that all they require for this to take place? And, if 3 and 4 aren't about delineation of the resource then they must just be the first cabs off the rank? 10 wells per annum, that's quite a lot of activity? So will they use debt or equity financing? Each well should pay its way within 6 months, so that should provide some options? James must be acutely aware of dilution and desperate to avoid it? In any case, the concept has been proven with the drill, the rest can be arranged. Regards, Ice
  6. Ice9

    AZZ

    Hi Albion, I agree..........they just painted a big target on themselves.........it's only a matter of time. The financing side of things will be very interesting...........they wouldn't have committed to FD3 and 4 without plans in place. One would think that FD3 and 4 are aimed at delineating the resource........ Regards, Ice
  7. Ice9

    AZZ

    That's way more than expectation? Wahoo..... Just need some financing and we're away! : ) Go AZZ Regards, Ice
  8. Ice9

    AZZ

    "Remove the foxhole covers....caution - wear sunglasses " Hi there nuke, Never thought I'd see the day........the long awaited company maker has arrived. 52 wk low 3.5c, 52 wk high 77c - Love it! Should be an interesting announcement Monday? Inital production rates and the forward plan? I guess we'll find out how they're gonna pay for FD3 and 4? Every dog has its day! Think I might fill in this foxhole and find somewhere else to live for the next decade? Way to go AZZ! Regards, Ice
  9. Ice9

    AZZ

    Yep - should have taken a longer holiday! Looking forward to an exciting announcement next week? Now we have a timeframe, maybe we'll get some share price growth leading into the announcement? You never know? Regards, Ice
  10. Ice9

    AZZ

    Are we there yet? : ) Regards, Ice
  11. Ice9

    AZZ

    Holidays over.........announcement due. Hope it's a good one (like my holiday) : ) Best of luck chaps. Regards, Ice
  12. Ice9

    AZZ

    "Maybe if we don't get any news at all it would be better?" Maybe? Another strong day today - 70c - never thought it would make it back to that mark. I'm going off the grid for a week - having a well earned holiday - hopefully when I get back there will be a $1 party going on? Announcement can't be far away..........will be interesting to see what they have to say? Anyway, best of luck guys..... Regards, Ice
  13. Ice9

    AZZ

    Hi there Carsha, Yep - It never gets any easier...... It must be the time of year for it.......I'm off to a foxhole in the Whitsundays on Saturday (for a week)..........I was hoping for some news before then to put my mind at rest : ) If you're interested, here are some interesting posts from that other forum from yesterday: ----------------- I emailed James Cruickshank at AZZ today and got a reply, can I cut and past his answer here or do I need his permission?? thanks diazo ----------------------- Proga: best to get his permission to paste the whole email but your allowed to summarize ----------------------- HummerBoy: I think you should be more discreet unless the information in the email points to a dire situation ----------------------- In a nutshell, He said everything was going to plan and that a lot of information would be released in January including but not limited to information about fraccing, FD2 operations and advice of the progress with FD3 & 4. A very upbeat email. Waiting on permission to publish in full cheers diazo ------------------------- Proga: thanks Diazo. Nothing surprising there. I'd be surprised if there was anything surprising, bearing in mind ASX compliance rules. Hopefully something official will be out tomorrow. The finger nails could do with a rest from the mauling. -------------------------- Sounds positive (if it's credible). Have a good holiday. Regards, Ice
  14. Ice9

    AZZ

    Wednesday announcement? The suspense is killing me. Fingers crossed. Foxhole, Ice
  15. Ice9

    AZZ

    Yeah - I would be happy with $1. After we all sell out it will set sail for $3 no doubt? But let's not get ahead of ourselves........One would expect an announcement early next week and we'll go from there.... Happy new year chaps. Regards, Ice
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