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Free Carry
https://www.voxmarkets.co.uk/rns/announcement/4cb95929-6f06-4c6b-90a2-efbe4acc41ba/
Thanks GB.
Games
Seems to be a seller after every few buys, and now Ask has dropped to 0.69 but you can't buy, when MM must loaded up..
Sure He1 have forecasted drilling for July, lets see if that to encourage people to take positions prematurely
10th July I believe the NICE final recommendation due for the stroke test
@LW
What news?
Now on the move following the recent placing. Expecting some big news on 10 July I believe.
I actually posted up a link previously to the Zambian licenses MoM to see what was required in the submissions and I suspect the ML was rejected as they simply haven't done the drilling (yet) required to upgrade the license from a EL to a ML
If AA actually get on with some drilling that should then get upgraded.
I did the same as you trading wise.
It's will probably contine to be a bit of a roller coaster until some firm drilling news is released.
Had this on my potential 'baggers' for 2024 at the start of the year.
It's no good if they move it up 100% then push the spread out to the widest I've seen on this stock to completely kill the action.
Seen other stocks where nothing is happening at all apart from obviously forward selling taking place getting nice and tight spreads.
I think mischief may have had a punt in here also.
What is your take on ARCM right now PP as I sold out previously for a very small profit @ 1.83p as timelines didn't seem to be clarified but with mention on AA mobilising now and buy offers around 1.5p it does appear a better time. Do you think that the licence rejections add unto much and can they be rectified and how much does it affect the JV if at all? Regards Swissy
One day spike... then straight back down.
The spread is killing it.
Back up and running
Looks to be moving a bit now
maybe the mm's trying a stop loss grab first - not that they would do such underhanded tactics of course
It dropped on opening…. I guess the money issue is holding people back. I hope the ceo does an interview to clarify the money situation…
Funds are always tight - especially mine! 🤣🤣
nice that they indicate contractor can immobilize in July - hopefully we see a spike today
PHE may also get another spike today, kiln has arrived onsite for its demo unit
Tight sorry
Great update!!!! Finally on the side of a good rns lol
Funds appear right so one not to hold long term maybe?
It seems that they were looking to pull out of Norway back then maybe….. seems a very good licence I’m surprised a bigger company didn’t pick it up
Typo
So could be they have...
9 TCF Asset(~ 50%), plus a discovery Assets, MC £9m
So could be they have...
9 TCF Asset(~ 50%), plus two discovery Assets, MC £9m
One to watch, what turn around..
But 500k trade at close( sell ?) today....about 6/7% of todays trades
Interesting, DRO = Discovered Resources Opportunities being awarded
The bid deadline for — two DRO clusters (DEWA Complex and Ketapu) offshore Sarawak, East Malaysia — was 15 January.
For these assets, MPM envisages awarding the PSCs in April or May and signing the PSCs in +June+ this year.
Longboat (DEWA)Companies House, updated today... ?
https://www.upstreamonline.com/exploration/malaysia-to-unveil-2024-licensing-round/2-1-1587111
https://find-and-update.company-information.service.gov.uk/company/15623739/filing-history
Find Courtesy of Zengas LBE BB
I think sometimes it’s how trendy a share is, some shares go wild whilst others hardly move. The helium plays should do well and Pred has done well previously so hopefully that will take off when they get the rig from sound energy
Knowing Matd the well has collapsed and needs redrilling in 2025 lol
LBE have 9TCF, 50% interest, looking for JV , MC £9m
DELT have 318Bcf, 25% interest, JV sorted MC £8m
UPL, Not sure what they have( give up, no cpr, or presentation I can find) MC £40m