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Another 1,000,000 shs at 2.3p. Time will tell but this has the true potential to be one of the best performing oil small cap shares of 2021 on the back of the Buffalo deal, with others to come. Don't think we will be below the 2.6p raise price for long and taking advantage of this short term opportunity to top up.
SEA7 I have been building a large position since the new board arrived, these guys have skin in the game, a clear strategy, have closed the first deal with a high impact appraisal well with incredibly high CoS, why invest in any other small company with no asset or a Much lower CoS.
your trade has shown up after hours SI
I added another 750k today, can’t believe this price!
One buy was blue and showed up after hours , other 2 showed as red sells earlier on?
FFS! I can’t believe this is still getting sold at 2.29?
So far there are no doom sayers on here? Does that crap only start when the real money starts to flood in here and shares start to change hands?
Give it time lowboy - they will be here soon enough, when the price has risen, proclaiming tales of doom, just as an attempt at getting in cheaper.
i have added again this morning another 100k shares.
Well done SEA7. Others might differ and only time will tell, but for me anything added in the low 2s has a very limited downside but massive upside potential. Keep things simple and do your own research sticking to the facts: first deal done with an appraisal well with a CoS far greater than anything else around for a small cap with our market cap and we know they are looking also at other deals. Add the fact that we have an experienced board with skin in the game who done this before. Listen to the following if not done before and other interviews https://www.youtube.com/watch?v=dbFLPCnQAFw
thanks SI
just watched that one and onto the other one2one interview that is on you tube.
in the one2one interview, Leslie mentions that the rig they have identified is in the area already and has four drills to do -buffalo would be drill number 5, before the rig goes back to base, as cyclone season arrives. He indicated that there was discussion over slots .
Jack up rig, noble tom prosser is rented to santos for drilling in that area - i think someone mentioned this on here earlier - possibly that rig?
we should know soon.
agreed oiler, should have an rns imminently, is that the petrofac rig?
https://s25.q4cdn.com/270220413/files/doc_downloads/fleet_status_report/2021/05.04.21_FSR-vF.pdf
nobles fleet status report indicates expected completion for noble tom prosser as jan 2022
Holy s***! Someones been accumulating today, huge buys.
RNS due?
Those buys must be an II???
Hopefully, we are ready for lift off! :-))
Some trades have expiry dates, you can either expire them and take your profit/loss or Roll them over to a new expiry date.
I use rollovers in options trading but you can use them in FX etc etc..
So how do you know those large trades are roll overs?
At a guess SP didnt move and the guys with L2 wouldve spotted the trades..
I added another £5 to my holding today.
Average is under 2.4 and will continue to add.
Juat waited for another stock to sell up soon and will double my holding here *fingers crossed*
I'm excited about this share as anyone, but we need the permit to drill before this really takes off... patience required for now.
Loz, did you really mean £5?
Lowboy - look at the trade times - both trades are for the exact same amount of shares, within a few seconds of each other and the price is usually a fraction of a penny difference - most of these are T20 roll overs.. in other words buy stock, with a view to paying in twenty days, if the trade hasn't worked out, ask the broker to sell the stock and immediately open a new position, payable in 20 days - you invariably only have to pay a small amount to cover the difference.
Lol
Nope I meant another £5k :)
T20. Lowboy I personally just buy shares I like in a standard fashion, and done so for 25+ years, as a medium/long term investment, rather than a short term trade. Out of curiosity had a look at the T20 concept mentioned by SEA7 and noticed that it costs could be up to 4.5% for 20 days and therefore definitively not for me and definitively a loss making strategy if the trade doesn't make a decent gain above costs short term. See for info http://www.cfdsurvivalguide.com/cfds/trading-aim-shares
SEA7 and SI, thanks for trying to explain.
So has any individual or institution actually bought all those shares?