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Hey Faz,
Nice to conversed with you once more hope you’re keeping well my friend . Equally I like reading your posts as well and having met you in person and the genuine guy that you are .
Yes it’s a bit of a shame about the Drop today and the last few days . This just goes to show though power of the M&Ms ( bit multicoloured aren’t they !)
On very low volume They can manipulate the price so much . Personally I think they know there is a large corner behind the scenes and my guess is it’s Schroders still And so with that they are keeping the share price is pretty low . I have seen it many times before when they get wind of a seller they lower the price collect them all up then sell back of my higher price so I think any with a good news they will rocket the sp be selling them off at a much higher level . Of course our resident large seller will probably be offloading which will The SP unless we can find new blood and equally large buyers to offset then that way we might be able to create higher support levels .
What would be bonus Is that we get the 11.8 on LC but one or two surprises within the other two zones would do wonders . Let’s hope the topology within the fractures are solid and allow easy extraction of the black gold .
Hi offerman,
Enjoy reading your balanced posts.. having spent time with you in person, I like your genuine approach as it Much needed here now as things are getting very uneasy for us all.. this drop today has upset me a little. But still hoping. I thought saffron would be our green light for all systems go.. but it’s still amber by the looks of things.. still waiting on Leo Koot to deliver something other than a cheeky smile !!
Evening GRQ
I agree with everything you said there. Good post.
We have a class team but we need class RNSs discoveries to match the team. Hand in hand.......
Offerman,
I generally don't comment on the daily swings of Sp and the thought mm's 'manipulate' the share price but I do believe the price does get walked down when spud news is announced.
It's probably easy for them to drop the Sp (from point of spud news) till the release of the results.
Any positive news will only, may be at best, take the price back up to where it was on the day spud news was released.
It's a sad fact the murky world of AIM sucks, and small cap companies only dig their way out of this when they hit a lot of black gold.
RKH was a prime example although that was at a very different time.
We will have to have some pretty news worthy results for us to get back up to 6 or 7p.
I'm not trying to be a doom monger but we need some pretty solid Rns' in the interim in order to stabilised or uplift the current Sp.
I know I'll be labelled a dimwit deramper so I'll put my blindfold on now and ask for a cigarette...
Also today’s action on SP proves mms can do what they want on very little action . These modern days are very very different than yesteryear with punts and explosive SP action upward .
We have a great COS even if only in lC but maybe MC UC surprise too.
Hello,
An early indicator could be trade patterns either way. A sudden splurge of buys COULD ground workers tipping off friends family etc. Splurge of sudden sells could be other way .
Look for a pattern may be the way as early indicator .
News always leaks people will always talk on the ground in the bars etc too.
They may text folk and gets the ball rolling either way.
Aimho of course.