The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Its all down to trust
So Mike your happy to say Matd will reach 15p on oil shows but not Bloe with oil producing - strange.
"Mike31Today 10:35 Matd
RE: Onwards and upwards.
Sentiment will drives this up more than 15p on oil shows. We have 75 cos"
Nothing wrong with a different point of view Mike, if you're in Block I wish you well.
MP
magicpuppy, FRR is not the end, altgough I have written that off already.
I do hope Block proves up all the said resources. However, I do advise to stay a little wary until those guys release some official news. Imho guyd
Mike, appreciate you got badly burned on FRR but BLOE is fully funded for another 4 wells going after lots of oil and gas. Let's see what happens but I think Block is a different proposition.
Hey FRR may still come good if some of the rumours are true.
MP
happy I scraped, begged and borrowed for my last top up at 7.1p last week, never for one second doubted the future prospects here, only disappointed I had already used all my funds at 10p average. Otherwise I would have gone all in at 7p and been even happier. on modest success with next 4 wells and gas then the market cap and therefore sp will be well north of here. remember 16z is flowing commercial oil AND gas folks, that is promising for the upcoming wells IMO. I thnk the oil will be a nice earner and if we manage 2000bopd from the 4 wells will be great, but the GAS is the prize in my eyes. onwards and upwards and keep the faith.
bigoffer, time will tell.
I must point out last time everyone were expecting good news from 16a and it turned out not so good. Hence, majority on this board are locked in having bought at 14p or higher.
I not sure if I would agree with the bad news already out the way. The BOD still have not made any clarification. We still don't know the actual production figure from the Well. Everyone is expecting the figure to increase, but forgetting they can go down as well. Also, they have hired an outside expert to look at the well, why do you think that is?
Mike, the bad news has already arrived. it was a thought that the one well we have supped wont ever increase over 300 bopd and that is something I cannot accept because it isn't true. The one well is already increasing and we have another 3 wells to go at plus gas. Calculator time chief.
The problem with the derampers we have had on here is that they say things and its taken as fact such as there is a problem with the well and that's why we have brought in an expert. Not true. The well is recovering and is currently making money and will only get better along with well 2 that is about to spud and another 2 wells and loads of gas. Just for once imagine things don't go badly and imagine they go half well or really well and this becomes a billion pound mcap company. At present levels of 300 bopd on one well, we are undervalued. Four wells at 500 bopd each is 24 million quid a year profit for a company with no debt, money in the bamjk and gas to sell. Sit back and watch the fireworks.
Just for a bit of balance, the same applies to bad news and you are locked in. Only have two choices, sell at a loss or a long hold for it to go back up to your entry price.
Sorry to keep saying this but for the inexperienced investors who don't know AIM that well, just be careful with the MM, they will play you for your shares. When good news comes, you are locked out, simples. Don't sell and keep the faith.
NT for anything amount of shares now. I think Milton is now done. Back to 11p soon, the ii that bought will not lose out, they never do.
MP
NT for anything over 2000 pounds worth of shares. Tic up coming.
MP
5 out of 6 mm's on 8p plus tick up time
offering above the sp for 50k , they want your shares guys
Tried to buy more on HL and NT on £600 .
Last time that happened was before a rise.
They pi ss me off at times
NT on ii as well... for 7.4p...last 10 mins!
RNS on its way?...a good one at that?
NT on HL platform for £1000....interesting!