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.
back to 0.5p again in the blink of an eye - where it came from! with the extension sorted news must be imminent
still seems to be a seller . need news on drilling to move. very low mcap though so can easily multibag. not a one trick pony
Steve, thought the same on a few shares but did average down, which worked for me. What is your average if it is not too indiscreet?
What I have learnt in my few years of investing is not to build big positions. There is someone on Twitter trying to build a 12m position - that is far too big for my porfolio for instance. 1 to 2mil is enough for me.
Boom boom my a**, been here 100 years on the gravy train.
Still in the b****y red, don't think I will ever get my money back, but still hoping.
You got to find the oil not the duster, since here trp can't find oil at a garage.
Totally agree dnd. Perfect time to buy down here. I need to start to build a position but not sure when to pull the trigger as there is still a seller around - been watching the rounded sells for the past 2 weeks. Do you think the seller is nearly gone?
Hmmm, some time I think Santiago, I hope I live long enough!
I’m wondering how long we’ve to wait until this will hit 5p ?.
they did say the rules are making it difficult and there is a way round this. just a matter of time for drilling news then the rise begins on sentiment. been in these positions many times often get caught on the duster news so i always sell before the result now. perfect time to buy down here imo
The fields already discovered by Total have the possibility of making a serious dent in SA demand for imported oil as they can feed an already existing Gas to Liquid plant so I think environmental issues would take a lower precedence.
Seems to that probably the second of those two possibilities is the reason @lsetown. Just a matter of conserving cash flow by Total.
What we need here to spark an upward move I think is news on Cameroon. JA has plenty of his own money and warrants etc at stake so he must be keen to get it moving too. Although small, at a reported P90 it must be a decent risk for a partner so it is hard to see what might be holding it up. Maybe Cameroon has very strict Covid rules on who may enter the country.
Other reports suggest it is because the Regulatory Environment in SA is too slow or that to save costs they want to focus on the two existing discoveries.
Could it have to do with environmental lobbying?
https://www.iol.co.za/capeargus/news/small-scale-fishers-cheer-totals-postponement-of-gas-drilling-393001f7-eadd-45cc-9f83-5c555130a290
Total's finds are so large that SA will surely find a suitable alternative if needs be?
Have a look at the map attached showing the position of our block in close proximity to Total..
https://images.app.goo.gl/xz7h8Ri8sv2z4dg77
Apologies, please ignore..
This was for Eastern and Western Cape Region, completed unrelated.
Type total s africa drill news postponement
i carnt find anything other than major gas discovery back in oct
Google total s africa should lead you to the news on it.
What is to do with total?
Anyway ,are we depending on them or something ?
I haven't seen anything about this have you got a link?
Total suspends drilling off s Africa, brullpada,what is this all about one wonders?
0.0040 paid in full
crazy to have dropped from 0.6 when Total found billions of barrels of the stuff on the block next door! mkt cap is tiny when compared to peers.
No RNS , Maybe a rumour or it’s just another share that is oversold And is booming
What happened? RNS?
.