Egdon Resources plc (AIM:EDR) announces that its Preliminary Results for the year ended 31 July 2016 will be announced on Tuesday, 1 November 2016. An analyst meeting will be held at 9.30am on 1 November 2016 at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN.
Oh sure I totally agree this stock will continue its overall rise. I'm holding at the moment as I really do expect an announcement by Javid on 2nd Cuadrilla site within next few weeks and that'll give more confidence.
It will touch 20pps again, remember it touched that last time when we all thought that PP was to be given, but it has only been shelved one month. There is money to be made just before and perhaps after the next announcement, but it has got to tail off again, because they are not in production. Just a question of hold, or sell next month !
The MMs are really not getting the SP right. They dropped it far too quickly from the 20.5p and killed off any new support. There was a strong level of support at 15p but they killed this too. Volume will be low until next piece of fracking news but right now this stock is 100% a steal.
Money in bank, increased conventional oil t/o due to kick in early 2017. Increase in oil price worldwide and now talk of stabilisation. 2nd largest holders of fracking acreage in UK (not counting the private… Read More
I think it's a bit of a combination of bit of half a***d announcement by govt last week combined with the deferral on the igas planning decision then on top of that Third Energy waiting till December to hear from court if (think FoE lodged papers) have been successful in their appeal.
Personally I think the council will award iGas the right to test site as it's not awarding full fracking rights so very hard on a legal technicality to reject (then face hefty costs awarded against council in… Read More
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