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Something going on. I think the Chines want us.
Coro up but only by 8.33%. Sometimes these rises come just before a placing but not usually by this much.
I only got these on Monday...about time I made a profit...hope I haven't sold too quickly..they are already past they 1.6 I sold at
Good luck all
Or Shell?
Forget 60% up 88% on Ig !!!!
It's 88% up over something - but what?
The spread is quite tight for this size of an unexplained rise. 1.69p to buy and 1.61 to sell.
up 66% and climbing.
Maybe Chinese buying us out?
Surging for some unknown reason at this point in time
Clearly something is about to land big style
up 63%
up 60% now...
My average is 2.5p and I've not given up on seeing that back. Not a big sum though.
booooom
wow big jump
up 55% now!
Up 30% on IG, something is up here?
https://yourir.info/resources/3f46e16f9e883e80/announcements/crd.asx/6A1134506/CRD_Investor_Presentation_February_2023.pdf
‘Gas sales agreement (GSA) slated to be completed by end of Q1 CY2023 with a tripartite engagement among Conrad, a Singapore gas buyer, and SKK Migas (the Indonesian regulator.)’
There is only one buyer now in play and Tom Kelly has confirmed to me that negotiations are nearly completed.
GSA agreement could land anytime this quarter as per the recent Conrad RNS. This will be the catalyst for EME to hopefully start to appreciate some increased value. The Mako project is incredibly significant for Indonesia and upon the GSA being ratified I can see some more corporate transactions with the licence. We may even see EME relinquish their share for a cash consideration.
The company is laser focused on drilling Topaz, which is a world class opportunity.
Any sniff of news and we won’t be at these prices anymore.
Hi Gary.. yeah been there a few times won it a few too. I like my horses. I do have other shares but not in aim
My Lloyd's are doing well after a 38p buy a month or so ago.
Never gonna make up for dire decisions in amc and kefi...yet at one stage especially amc I could have come away with loads of cash as they hit 44p
Sorry to read about your AIM woes Noexpert.
There is a well known national race every year at Aintree, a very grand affair.
The AIM is just like trying to pick the winner of the said race, but I don't need to tell you that.
I may be NOEXPERT but I have spotted the potential in EME to get back toward 2-3p and am willing to hold them for a while until they release the GSA news or they attempt a drill of Topaz.
For those of you who feel sorry for people with massive paper losses on AIM my portfolio looks like this
AMC.L down 75%
ARCM.L down 97%
KEFI Minerals down 98%
EME.L down 10%
I can only see hope with EME the others are lost causes.
Earth calling the Bod,Earth calling the Bod---Is there anyone out there? Just nod if you can hear me.
I reached out to Tom kelly the other week and he kindly replied. I was keen to understand where we were at with various projects and that as shareholders we needed a comprehensive update. Reply details :
> two parties have signed HOA's
> escalating gas prices have made the GSA negotiations more complex
> any agreement requires Indonesian Ministerial approval
> recent ministerial approval for the Plan of Development means that the operator is now very focussed on the GSA
> Topaz is still considered a world class conventional oil target
> working towards various options to commence drilling of Topaz as soon as possible
Duyung GSA is out of the hands of EME, so we have to just wait for further progress. Plenty of work going on behind the scenes to drill Topaz.
Tom is cognizant of the fact shareholders need a comprehensive update and this will come when there is tangible detail to report on both projects.
One of the most boring part of this share(and there are many) is their predilection for dry holes.
Boring share, won’t get what I lost back 90% loss. Good job I was in matd. Bye