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Live bid creeping up, word must be getting around.
looking in to this now looks a steal quick study on directors assets and all
Ian - fantastic point.
Worth noting that potentially that seller has now gone.
If you look at previous trading days the seller has offloaded between 3-5m share per day.
If you look at previous trading days the seller had a signature 500k sell trade and done this throughout the day.
Without trying to jinx anything no 500k sell trades today.
Been holding a while now and still believe this is very cheap. Its only down here due to seller. Happy to wait.
An absolute must listen and read for old and new
@accipiter - Indeed - the main man himself!
Good work Charlie. Is this the same Richard Sneller who until recently was head of emerging markets at Baillie Gifford?
Nice one Charlie, good to have you on board mate
And again Charlie ... Great stuff
Brilliant post Charlie ...just my cup of tea style
Thank you
Good call Charlie, looks well under priced.
Usual loons selling after tiny rise, only have to buy back in higher and lose money twiceover. Just wait until at least NAV is reached?
I am in both COPL and SENX
I have had my fair share of oil and gas companies that chaise rainbows and don’t deliver.
I was in MSMN at 11p to 50p plus, all on hype and speculation
How many shares like 88e, UKOG etc have risen on anticipation of hitting it big and hitting a duster or hitting the PIs that support them with dilution to fund a pipe dream.
COPL and SENX are completely different the have producing assets with revenues and looking increase those daily bopd figures.
More for looking for the diamond in the ruff these days, like this one, it has true value it just need buffing to see it’s true worth.
SENX is not on many PIs radars as most buy absolute ****e on hype without researching, following the herd, they know nothing about the company, it’s assets or the financials. They just see imaginary pound signs that in most cases don’t materialise.
Once news drops next month and word spreads the herd will arrive. This will fly.
At the moment I am happy for a steady and gradual rise.
We have oil and gas, we are producing, we are debt free, production to be increased to 7,500-8,000 bopd, low costs under $9, infrastructure in place.
Most importantly a CEO that has a key understanding and knowledge of O&G as well as the financial side as he has also been an investment banker for Goldman Sachs- he knows how to make money, he wants to make money and he knows how to make money and return shareholder value.
What is presented makes this share a no brainier a clear STRONG BUY imo - GLA
This was 3.90 few weeks ago and went down with no reason . I hope it will test 4p first soon and 5p before Q1 results. After that who knows what .
for anyone worried about buying in whilst it's already up a bit today, the net asset value of SENX on 2P reserves ALONE is 5p!!
Production growing considerably no debt and low operating costs.
Glad I stumbled across this wee gem, nice you tube video Charlie.
Get in .... I’m not far off break even now.
Great interview here guys for all this looking to get in.
https://m.youtube.com/watch?v=VA3M8ijRGCg
Excellent interview if you haven’t watched it Jeffery Auld a strong background in O&G and also been an investment banker for Goldman Sachs - to quote him he is in the business of making money. Touches on the recent placement (2020) and how that was used to pay down all debt.
This flows nicely into this interview
https://vimeo.com/530202441
And another consideration and point I like to highlight is share hold on sticky hands and those with significant holdings:
STOCK INFORMATION
Presentations
The Company has 1,140,660,629 ordinary shares outstanding.
As of 05 January 2021, there are no shares held in Treasury. The percentage of shares not held in public hands is 8.02%.
There are no restrictions on the trading of the Company’s ordinary shares.
As of 05 January 2021, significant shareholders of the Company are Richard Sneller (11.33%), European Bank for Reconstruction and Development (9.96%), Marlborough Fund Managers (9.44%), Kulczyk Investments SA (8.02%), and Quercus TFI SA (5.86%).
I calculated all significant holders totalling
= 44.61% of all shares in issue
Hope so alwayz, been a number of false dawns but this does seem a lot more measured. Regardless, I’m here for the long term so will only sell when we hit double figures.
it appears the reversal is well and truly on now
Just over a year ago, this was nearly 14p, could see some upside rapidly.
Took 30 mins to fill my order.
Hi Pred, looks like a good share that will see some upward movement.
Hi Shaa i bought some yesterday too GLA
NT to buy
Bought in today. Looks undervalued at this price and set to go.