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Is stupid.... wish I had a check yesterday when the spread was far more sensible!
10p hahahahahaha Cracking joke mate
Sad you feel that way but I don't think you are right. I've been in hear a long time now and I'm still sure of us hitting the 10p mark within the next 12 months. I could be wrong, but I hope not. GLA
Of cow dung and will go to zero as will GDG
I don't know why you think the Essar deal is all that. Look at he history of Ruia. He's an idiot who's every business venture has turned to shit in the last 20 years. Telecoms Oil They are done Warned you long ago to get out. Hope some of you swallowed your pride and cashed out.
Shares in Greka Drilling won a three-year integrated drilling contract with Oil and Natural Gas Corporation Ltd (ONGC) for that company's Bokaro CBM asset in India. Indian Government-owned ONGC was the largest exploration & production (E&P) company in India and was engaged across the E&P and refining businesses. ONGC also had extensive joint-ventures globally. Greka Drilling was among 17 bidders, and it said ONGC was now completing its internal procedures before issuing a letter of intent to the company. "The LOI, which is expected to be issued during April 2017, is expected to provide, subject to contract, for the drilling of 73 wells over the next three years." The project would entail the provision of drilling and mud services along with the provision of associated equipment and was estimated to generate revenues of a total of $15m over the three year period.
A reasonable spread to look at. I'm in with a few after a 3 year cooldown!
Nothing has changed they have just brought the bid price down! So the spread isn't so stupid
We are getting hammered this week! Not the best of times for drillers with the oil price, but I don't see what's changed to drive it down this low?
and we get a volume of a million already!!
a spread of 1.62-1.7 is probably tightest i've ever seen it!!
Very cheap to buy today
AGM is going to be in September, just had an email of Greka
I am loving this spread like hell. 100% spread. Bit at 1.5p, ask at 3p with the SP at 2p. It is quite refreshing to have something like that. I can see the light coming for my weekend.
I always keep an eye out for GDL. I used to be a holder. Though at the time of that peak rise mentioned it to my Dad & (without my knowledge). He purchased at 22p & still holding. He rarely ventures into AIM & probably will never ever again! Though, if they keep winning contracts he might see his money or near as back by 2020/1.
When the contracts are in the tens of $m's then it will move, $2m is not a great deal historically for this company... Still worth the risk at these prices IMO, with what is forecast in China and India I would be surprised if we werent much closer to 10p within a year...
Early days, will rise more today and hopefully hit the heights of when I got in. Good wins
with 2 contracts awarded. this should be at least at 3.5p
would not be surprised if this was 5p in a few weeks , just need a few more positive rns
I believe 10p+ could happen before then, providing we get GDG contract to drill all wells announced by GDG in GSS & GCZ and there is evidence that GDG are able to finance this e.g. they get RBL sorted (or what ever path they chose down). I am also hoping for a multi year contract from Essar before year end which will certainly help the share price! the above is why I topped up 4-5 weeks back, assuming our ducks line up (which they havn't for some years!) it could be a good last 5 months of the year. Cheers James
by the end of next year I would hope that dummy sell will be offered 10p+ once we get cracking on the GDG and India contracts...
I did dummy sell of my 250k shares and got offered 2p.
..half million buy this morning!! Lets hope someone knows something and some news coming our way...
I guess not :-)