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Ice9

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Everything posted by Ice9

  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
  16. Ice9

    AZZ

    Sorry I forgot about you barley. Are you still in there? You forgot the broken stim guns? Anyone reading this thread, who hasn't been through our campaign, would almost certainly wonder what the hell we're talking about. This is like a reunion of sorts. How about gerkin, are you out there old chap? By the way, I tracked down Sue12, he was somewhere in the middle of the nulabour.............I knew he'd be keeping an eye on this quality stock. Now all we need is something to celebrate? Regards, Ice
  17. Ice9

    AZZ

    Hi Carsha, Yeah - Yogi - what a champion.........but I'm sure that was years ago that he said "this time next year AZZ will be booming"? And Metro, unfortunately he passed away a while ago...........very sad..........he had a truckload of AZZ and was a true believer.........he would be impressed with their current position..........he new James pretty well and had a lot of confidence in what he could do. Gamekeeper posted a while back and was talking it up a little.........don't think he was running out to buy any though. Where is Sue12, the old drillers mate? Probably in his caravan somewhere? Hope he drops in on us sometime. Sorry Fraz, I'm with Carsha, after 10 years, I'm ready to climb out of this foxhole for good. Let's hope this story has a fairytale ending. Best of luck, Ice
  18. Ice9

    AZZ

    Carsha, Long time no see. How have you been? Are you still holding shares in this dog? I thought you'd given it away long ago? Who would have thought that it would ever recover from that terminal decline.......$1 to 3.5c........and back up to 60c+? Once again we find ourselves on the verge of greatness.........will they surprise us with success for once? We will soon see. I don't hold as many as I once did, but have enough to be delighted if it makes it to $1. I don't have much confidence in the ability of the general market to sustain this rally, so I am just trying to maximise short-term gains. Anyway, hope you are well. Best of luck, Regards, Ice
  19. Ice9

    AZZ

    Hi there Fraz, Perhaps management are just preoccupied selling their foxholes before the market is flooded with them : ) But seriously, I really don't expect an announcement until full trading resumes next week, but who knows? Will be interesting to see how it goes in the US tonight: http://www.google.com/finance?q=azzef I love this stock when it is rising! Best of luck, Ice
  20. Ice9

    AZZ

    AZZ looking strong........decent volume considering the time of year? Announcement due soon...........is this the company maker, or just another broken dream? Regards, Ice
  21. Ice9

    AZZ

    Hi there fraz, haha I'm just about to list mine on ebay - hopefully a 7 day auction will give azz enough time to fire off some huge announcements? I've just got to say it, this stock is unbelievable!! Earlier this year, even the most optimistic holder must have seriously wondered whether the company could survive.......they were running out of money, convertible noteholders were hovering, going concern qualifications on the audit report........and now we're all kicking ourselves for not loading up at 4c? I lost my nerve for a while there at around 30c (but that was mainly due to overall market weakness).........but now, even though I think the market will tank in 2010 (and I don't have one other open position), I've got that reckless AZZ feeling back again........the sky's the limit really..........they just need this initial success and we're away (yeah, just like many times before).......is this time different? Got to be in it to win it? If FD2 is a cracker, James is sure to milk it for all that it's worth.........he's done a sterling job so far, let's hope he can finish the job in style? Personally, I would love to see an Oyster creek + Petro JV + Yellow Rose super announcement........but perhaps we can get an ASX speeding fine or two and a trading halt first? Yes, I know, am I dreaming, or is this what we've been waiting a decade for? Some nice hints in the Patersons research report........let's hope the next announcement by AZZ re FD2H confirms 10 wells in 2010! Merry Christmas remaining AZZ holders, let's hope it's a happy new year. Foxhole Ice
  22. Ice9

    AZZ

    The anticipation is certainly building......... Looking forward to a positive announcement. Best of luck chaps. Regards, Ice
  23. Ice9

    AZZ

    Hi Mr Walker, Yeah - love the pictures! Provisions aren't a problem - have been in this foxhole for 10 years.........a few more days won't matter much : ) Interesting they mentioned the EOG result - word on the street is 1000 barrels of oil per day IP. This is to the north of our acreage and supports the theory that the condensate content increases as you move to the north-east? Regards, Ice
  24. Ice9

    AZZ

    You're right Mr Walker, FD 2H is all that really matters - proof of concept.........the rest is just cream....... Bring on the news. By the way, my foxhole is pretty deep : ) Regards, Ice
  25. Ice9

    AZZ

    One day in the next few days we will wake up to a very BIG announcement.........just hope it's a positive one. Today's announcement re the "unsolicited" investment by Galena was encouraging. As I said previously, there are three important pieces of news due: - The company maker - FD 2H - initial flow data - condensate/gas content; - The dark horse - D457 1H - petrohawk jv frac scheduled to be completed a month ago - no data released (for one reason or another) and AZZ's % interest after payback is yet to be disclosed; - Left field - Oyster creek stabilised flows could surprise? All my fingers are crossed...... Back to foxhole (for now). Regards, Ice
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