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Ain’t geting mine anytime some soon that’s for sure nice try though!
In a short while.
Some just want a cheap entry. Look how fast it bounced. Watch the big biys load up
120m traded already great liquidity. 260m traded yesterday! 100 times more than daily average
Do not be surprised if it finishes blue. Mm's have mugged peeps on huge news
Taken a couple more for fun at 11.2 doesn’t dent my average of .85
What a scam. What’s going on here
Looks like a break out
Nicw time for a bounce
Nt over 1k and now 11.5 to buy another under, wat if them rise this and stick the fingers up to those who sold very unfair imo
Books r turning a little! Was 10.3 to buy at a one point now 10.99. Toxic drop from the Mm to get rid of those blocks. Now they are done they are looking for buyers again. Muggy dirty tricks
Urgh, well this looks worse than I thought after my first meeting...
Fingers crossed it bounces again now.
Good luck Hokders
Hottest basin in the world right now! Bare in mind whilst someone sold some one bought, but who? This is going one way from here north. The mcap is peanuts
Gil Holzman, CEO of Eco Atlantic said ...... ‘this is a farm-out basin opener and as we knew and expected everyone will now rush to the Walvis Basin, after Chevron showed has signed up for this block........... (Malcy)
This is a post from “hereandnow” on the ECO chat board regarding Chevrons announcement. GBP is in a similar position to ECO in the Wallis basin regarding their seismic data in a massive license block next to ECO.
From Galp's results yesterday,
"The exploratory activities identified significant oil columns containing light oil in high-quality reservoir sands and confirmed a lateral
extension of one identified target. The reservoirs log measures confirm good porosities, high pressures and high permeabilities in
large hydrocarbon columns. Fluid samples present very low oil viscosity and contain minimum CO2 and no H2S concentrations. The
flows achieved during the well test have reached the maximum allowed limits of 14 kboepd, potentially positioning Mopane as an
important commercial discovery. In the Mopane complex alone, and before drilling additional exploration and appraisal wells,
hydrocarbon in-place estimates are 10 billion barrels of oil equivalent, or higher"
And now Chevron is the first major to farm into the Walvis Basin. Eco's blocks surround PEL82. ECO's blocks have had tens of millions of dollars spent on them on seismic acquisition working up drilling targets.
So, ECO has farmed out 3B/4B to Total , has a free carry and will harvest plenty of cash along the way. ECO has got over ten companies in the data room re. Orinduik farm out, 3/4 serious contenders will offer deals. Now Namibia is seriously in play.
Multiple huge discoveries in the region. Venus, Graf , Mopane. Many tens of billions of BOE. Chevron has just farmed into the Walvis. ECO has the most acreage there.
By year end , three farm outs in place with majors. Visibility on drilling on all our assets.
ECO hit a market cap of £360m back in 2019 on the Guyana discoveries, no reason they cannot get that kind of valuation again.
You see this is another one with low cap these can go 100% up no problem and the next day down again
Sellers trades washed out now! Let’s get going again.
My goodness look at the size of those dumps in the 1st 10 minutes of trading that are now showing up!
7.3M & 6.6M, I wonder what else is still to appear.
Glad I did bank a profit for once, feel sorry for those left holding the stock, been there done it too often now.
Will buy this back when it goes quiet again.
I wonder who it was that spent about the last 3 weeks quietly buying up 1.5M chunks or so at 0.06p as soon as any sale went through?
I'll be watching for the signal the next time.........
LOTM
Don’t have l2 have live Bloomberg data and it’s starting to perk up a little. Be good to see if a big orders caused an artificial drop.
L2 information anyone, if you got access to it?
Santiago another strange creature, watched your posts over on TRP ramping endlessly for years and now your downing it? Strange, did you sell?
Any busing and this will return to 13/14z
What would be funny is if this share broke out and started rising while you are shorting? but unlike you many of us are rooting for each other not pushing faces in the mud
Would be funny if this will drop logged in yesterday’s open
Some just like to lose money 😂
A 20-30% drop after a 100% day when there's no direct company news is not unusual.
This share is still very low Mcap and with the activity in the region there could be a substantial rise as interest increases.
I still think this will go back up from here. Just depends when the MMs have had their fill,
I should stop lurking and get some work done now.. bloody meetings all day.
Good luck holders
Ah the two for one comedy club, don’t worry I have been watching your posts laughing over event days. Davey couldn’t catch a cold. Imagine going round to your mates to look for matching trades davey? What a loser!!!