Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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How is the news?
don't say its pump because rns has the the information you need to research it.
GLA and Dyor before its too late
Just look at their job with Orcadian Energy, many people boutgh above 10p and now it is back to 3.xp. Don't fall for their "advice" on crazy target prices that change by the minute
Wait for the USA market to open.
TEXAS, Houston.
let this sink in.......
multi bagger coming
Petroinvestor, why are you following others and trying to de-hype every share they are posting? Your posts are just as bad as the pumpers you are calling out.
If people believe it's a pump and dump, then it's up to them to make their own minds. People can still make money if they get out at the right time, unless you are looking to hold for a big reward.
Ria made some great call too.
Great start for the first two hours
You fell for these pumpers, Gordon. If you read the RNS carefully, it says nothing relevant, we just know that the RSS didn't blow up during the tests. The company mentions a "independent survey" that is not public or "continuing to engineer further performance enhancements identified during testing" which shows that the solution is not yet there. The stock is very iliquid so it sill soar with any purchasing or drop big time with any big sell.
Very impressive tech indeed and nice to have a detailed RNS https://www.enteq.com/products/rotary-steerable-system-srss/
looks to be a decent shift for the energy industry
could see this hitting 15p today
Beware of people who give you stock tips with random price targets. They are likely pump-and-dumpers who are trying to offload their shares at a higher price. Newbies often fall for this scam and end up losing money.
Operates from Houston, Texas, Usa
huge contacts around the major oil countries.
(Alliance News) - Enteq Technologies PLC on Wednesday said its Saber drilling tool met test objectives during extensive downhole drilling testing in North America, providing a "game-changing" alternative to traditional rotary steerable systems.
The Ascot, England-based energy services technology and equipment supplier said it successfully generated steering forces to change the direction of the well at angles "typically expected by the industry for many applications".
Enteq said this confirmed the directors' belief in Saber's technical ability to provide a competitive commercial solution, with an independent survey also taken to validate the changes in trajectory.
Enteq will continue working with strategic regional industry partners to operate the Saber system, the company said, intending to conduct customer trials in a "commercial environment", while "continuing to engineer further performance enhancements" identified during testing.
The company said Saber has the potential to disrupt the RSS market within the drilling industry, which it claims is worth more than USD2 billion per year, claiming it can bring about "new levels of performance, both commercial and technical, for operators and service companies".
"With its ability to operate in high pressure and high temperature environment, Saber is suitable for use in geothermal drilling and methane capture, positioning it to support the energy transition," said Eqtec.
"Equally, it is intended that Saber will offer significant advantages to oil and gas operators, reducing operating costs and improving overall cost of ownership."
Chief Executive Officer Andrew Law commented on the testing results: "We're delighted with the results of the SABER drilling, demonstrating that the Saber concept can steer effectively in an operational environment. Enteq are proud of the team of engineers who have worked persistently to deliver this success, building on the original concept developed by Shell [PLC].
"We look forward to working alongside selected customers and industry partners to bring this technology to market and to deliver a positive and disruptive impact."
Chair Martin Perry added: "As an independent and agile company, we are positioned to play a disruptive role in the downhole drilling industry. Throughout this project we could see the potential of this technology to make a positive change to the sector. There are exciting times lying ahead for Enteq with the game-changing Saber tool's commercialisation."
The usual suspects- ramptastic
I paid 9.8p
saw it late, Rns
Welcome aboard Gordonbennet1 this is still very cheap and has a long way to rise
Hey Earl!
It does, and peanuts for an Mcap! Understand the position of the co being early stages but the tool itself may be transformational too many big players!
looks like I paid 11p could have been worse, serves me right for dithering at 9p earlier.
Up 33 percent
Welcome Gordonbennett.
this tiny Company has worldwide clients
look at the website
11.00 taken out
Placed a 3k trade at 10.5 still not gone through so looks like ive been mugged.
Https://www.enteq.com/about/
client list on the website
20 Bagger potential easy just need to hold.
Up 32 percent
Leaderboard now
Up 30 percent
Could you show where those "big clients around the world" are mentioned by enteq? Otherwise you're plainly spreading false information about a public company. Interest among potential customers is not the same than having signed actual clients.
Up 27 percent now....buys getting stronger and chunky