Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Revenues X TEN Royston for free Cretaceous for free, ask ExxonMobil if this is worth a punt when there wells down in Surinam pumping out 100k boed. Let alone production wells and Casadura probably only scratched the surface.
Joey: Have a good day. Having held this since first day of trading in 2014 I am pretty aware of its trading ranges and where it has been sitting. It has moved off 70 cents. That is called a reversal and it is now in an uptrend after grinding brutal down trend for 16 months. And imminent first gas at Coho has influenced the timing of the reversal. I am just happy about this. It is actually early in this story and the next chapters will be interesting and the shares should move up if there is smooth progress at Cascadura. There is no exploration risk to the next few chapters.
There was a lot of uncertainty with the coho hook-up and the EIA so folk sold and few bought. The SP dropped on low volumes.
I am not complaining as I added at 56.75.
Now we have had time for the market to absorb that Coho will double our boepd and the EIA paperwork should land on 15th Sept. The T&T govt have probably woken up to the thus far missed opportunity with the gas price. The vandalism costs were minimal and should be insured.
Well it’s all adding to a change in sentiment and that means a higher SP. I see this run taking us back to 114. It’s likely we will need more news to surpass that.
Cascadura when producing will move this into a completely different SP.
Most importantly for now the downside v upside risk balance has switched into our favour.
Wish I bought more but 100% of my ISA is TXP, rest is in Mrs Treks. I hope to eventually beat her exceptional performance with my single bet!
Usual caveats
Trek
Problems with EWT were also down to stuck equipment in the hole
Please explain how the intermediate section (shares flew on results) is a duster??
I think the share price dropped as the "results" hadn't hit the hyperbole (Paulfoolery) that implied "better" results however to say it wasn't commercial, is incorrect. All IMHO, DYOR and "pub talk". (Copyright dunders).
No gambling here, just a dead cert for those with patience and doing there homework and waiting to get more than comfortable. It starring you in the face.
You are lying you’re calling royston a duster, the company have stated it’s commercial. So who’s right Joey or TXP? Gambling? You’re invested in the same share ?? You don’t even make sense. Oh and I can’t see many “investors” agreeing with you ?? More saying you are wrong about royston …
No I just stick to the facts and looks I was right :) You can’t even read an rns to help you understand that royston isn’t a duster. But calling others childish. Not driven by emotions just like to call out people lying on the boards..
All the best
Joey weren’t you predicting coho not on this year and no EIA? Oh and royston a duster. You said you wanted a spike and you’d be out well it’s up over 50% since you said that …
In mid-July there were a lot of posts saying Coho coming on line would not move the share prices. Just too small a volume. Well that seems to have been incorrect. And it is not on-line yet, just very close.
96p will seem like the bargain of the century in the weeks ahead
Yep. Production coming on line. No more dilution. Only 211m shares in issue. Royston to be proved up and added to reserves. Phase 2 exploration, Krakken plus at least two targets bigger than Cascadura. Lots of excitement in the next 12 months. I expect the shareprice to have multiple catalysts.
I guess they know that if they do nothing for the next 12 months, chances are their 100 will become 250-300. Not a bad little earner Terry.
Big buy at around 11am. £100k. Someone is confident.
mass,
Nice first post but not the best trading tactics, watch the volume and 87p is hardly the moon! Lol!
Usual caveats
Trek
Good explanation Ezhik,
I use that data all the time but you for got to add…..
Make sure you hit the refresh button and not the buy/sell button by mistake
As one numpty once did!
Usual caveats
Trek
MMS are pushing price up on sells. They want your shares!
Short of stock, MMs can do better with price.
MJ. By entering a trade in the online share dealing account, you are given an execution price to either accept and complete the trade or ignore it. The price offered may not be the same as the prices shown on L2, could be more, could be less. You can (usually) only obtain a sell price for the stock that you own, therefore if you own quite a few, you can judge whether there are buyers waiting by offering a decent number of shares for sale. If you get a price at the advertised bid or above for the entire number of shares offered then there is demand and the share price may be going up. If you cant get a price, try the process again but reduce the number being offered until such time as you get a price. If you still dont get a price when your offer is down to 100 or so shares or the price is rather dismal, the MM's don't have an immediate buyer. The reverse is true for 'dummy' buys. Many people have unfortunately managed to obtain their price to sell, not intending to complete the deal and then muscle memory or subconscious takes over and they hit the accept button and lose their stock :)
Probably a 100 trade plus day and the only stock with the exceptions of the majors that a calculator does not work when forecasting future revenues, nothing simple here.
And not difficult at all, no one insinuated it was difficult..
Dummy sell is just the quote when you go to sell, no intention of selling just to get most accurate price
What is a dummy sell or a dummy buy?
Don’t you guys just see the lvl 1 or lvl 2 order book and place your limit order xxxx shares xxxx price online digitally which either becomes part of the book, or gets executed immediately, or a combination of the two? How difficult is this concept?
How can you place a dummy order?
Was going to say, can sell plenty on dummy sell so clearly a buyer, looking good so far
It does look like it’s stepping up today in anticipation of coho news early next week