We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Excellent time to buy.
Nothing adverse in the news so just help yourself after the dregs have trashed the company.
Thanks!
It's easy to not see the wood for the trees at times.
Posters will be screaming about how the company is a 'joke', demanding more updates and compensation from the Government. It can build into a self fulfilling narrative and the Market Makers know this.
That's what they're doing now. They're making money by encouraging trades, dropping the price to fuel the Bulletin Board hysteria and crank up investor anxiety. It's what they do for a living, literally.
In time everyone who's going to sell/bail will be out and they'll start to crank it up again. Expect some spectacular intra-drill drops too 2-3 weeks in to take out stop-losses, then, Hey Presto... up again to where it started.
It's a game so know the rules and try to win.
As far as I can see Heron is going to come good and the company and its shares will respond accordingly.
Anything else will be a (very big) bonus.
Decline has halted and price paid starting to move up.Lets hope the share recovers throughout the day
Thornogson- I love you posts , such clear sensible thinking . Everyone take note and calm down.
I think they should have work experience/open day style opportunity for shareholders to see exactly what happens in a company on a day to day bases. Every 6 months they should have a week of open days for investors to see and decide if its a right company for them and maybe have an input to improve the company operations.
Hoping this does bounce from here but until LP comes or positive result from velo it’s just a cash burn I said it would drop if they released more news without lp
Velociraptor spud came sooner then people's expectations and I think same will happen with LP now,
Yep its crazy... typical over reaction and the mm's taking full advantage of it.. stop losses being triggered.. we should be @ 7-8p right now but hey ho
Block 5 could be the biggest find in Mongolia.
Still a good chance.
I think 3 weeks and price should be up . Anticipation for both the results and LP
If the price magically recovers by the end of the day then this will be a classic mm spike down in order to catch stops and to allow them to complete their accumulation process at as low a price as possible. It's always the excuse of ' news ' which is used as cover for this process.
The market is madThis morning.Bought another 400,000 as the price is so low and over the next period of time I am sure will correct itself.The derampers on this board are having a field day and it is very sad however it opened up a further opportunity for LTH to increase our stakes
PM has indeed nailed the timing this time. Just as announced in the PRs. This shows that PM is trustworthy and sticks to the things they announce when they are not dependent on third parties.
Mr Buck is doing what CEOs of Oil Exploration companies do, he's drilling for oil.
They've spent years working up the seismics and working out where to drill.
At this moment in time I suspect Mr Buck is like a 5 year old on Christmas Eve.
The rest'll come in time and I suspect in plenty of time to get a Heron makeover done this year to start the revenue rolling in.
The shares were cheap several days ago and they still are.
By all means play 'chase the football' or just make a decision to be in or out and wait to see how it plays out.
When is the next cabinet meeting
.... how these sort of stocks go down when they RNS good news!
Never makes any sense to me.
Hopefully the SP will rise steadily over the next 30 days as Velociraptor drill progresses and we approach TD.
Personally I think I will watch carefully and try to de-risk on the way up, depending on if/when we get LP, but if we don't get that before TD will defo de-risk, couldn't afford to see this go to 2p or less on a duster.
Here's hoping.
Filling my isa today!
Amazing opportunity guys.
Master82 chill out man, keep digging see if you find anything re matd over the next week or so your good at that, LP is coming looks like urban land development know what they are doing and I think they will draft up the certificate get comments back from ministrys and submit to cabinet who will spend 10 mins and sign off
This could be done this week or in the next couple of weeks
Share price will sort It self out over the next week then await LP for mega rise
Velociraptor is the big bonus here if it comes in
It's just feel like we are a football, being pass around.
Still no sign of news on new blocks or JV deals.
What does he do all day long.
I seriously think if MB doesn't deliver revenue by 2024 he should go.
Shambles, Lifestyle share for MB and co.
MB needs to start putting pressure. Compensation should be on the table for PM. Loss of income for the complete shambles in the Mongolian laws .
Being passed from this agency to that agency.
Which new company in their right mind would invest in Mongolia.
If no LP by end of july than this year would be wasted .
We will have to just hold and wait till oil is out if ground.
Block 5 might be a winner too.
Can't get a Sell price on ii so couldn't sell any
@N1shares
The mms wont let it fly until t.hey have finished their accumulation stage.
They trade their own accounts, and in terms of their other role of 'making a market ' they are the same as any wholesalers - they reduce their risk through buying in as low as possible. It's the same principle as someone running a corner shop in that respect.
Exactly, there are certain rules in this field that do not allow for a higher quota. This was already discussed in detail by MB. In an unexplored oil field, you cannot expect a higher quota, even if the chance of success is far higher. Therefore, one should not focus too much on these 20%. Therefor, I rather see the chances at fifty-fifty.
Haha wait for it, MMs will be trying hard to load up. Normally end of session the fireworks start and then 2 or three trading extensions.
You can't argue with one of the largest possible onshore discoveries in the world should we be lucky enough for it to hit oil. We know there is an active petroleum system
Best of luck to the long term holders, this has been a long while in the making. Absolute company changer if it hits the motherload.
Good luck matadors