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hey scooby....as per usual, im just venting.......i think its crazy buddy, makes no sense at all.
just want to see some more people, other than us holders who have faith in the future by buying in now at these prices...........im actually ****ting myself, i hold a lot of these haha.
Would have loved for the sp to open at a much higher level following the presentation Andoman but it is what it is. The market will do what the market does but based on what was said at the presentation I'll be staggered if we don't see a sizable climb over time. Fdp approval was muted as 2025 ( so that's not too far away) and before then there are other likely rns's that all could / should add value. Downside from here?.. Not too much you'd think, upside? who knows for certain. Happy to hold and wait, would add a few more at these prices tbh if I had spare funds.
Bought in here last week for my SIPP as I like the medium to long term potential
Is it unusual for the stock to be NT at certain times? No online quote this morning but no event would seemingly cause this (unless yesterdays presentation has caused huuuge pent up demand, or failing that AJ Bell are poor)
TIA
After the fantastic presentation yesterday this is a buy at these prices!
Looking forward to more positive RNS over the next few months.
GLA
SP & Market feelings dont lie though....
We just had potentially the biggest and best RNS in company's history and as stated, From the horses mouth " This is a gamechanger" regarding the PING deal............well, UMM, im afraid its not, it appears nobody really cares or gives a S%*T, the SP will tell us what the general feeling towards this company is and its not bloody great it???
we are too close and i do like positivity but its wrapped up in sheer hope.....
SP doesnt lie.
If we cant move with the recent RNS of licences , deals complete , massive asset potential then what will happen that does move this............NOTHING!!!!
Just watched, very happy with everything that was said, fantastic to have the opportunity to ask questions direct to Steve via the investor meets platform, and totally relaxed with my holding and the future of the company. Cheers Steve and Team Orcadian.
SpArmada
Posts: 614
Price: 11.50
No Opinion
RE: Cash raise?4 Apr 2024 17:05
They have to pay back to Shell and they have burnt money like teenagers
Steve cleared that up, nice to hear that he does pop in to the chat sites, nicer that he rubbished ill founded cash spend post
Wooland Capital's 3.8% stake in the company should not cause a nearly 35% decrease in share price when they decide to sell their shares in Orcadian.
It's a shame that Stephen could categorically not rule out a potential capital raise in the near future, that would have been a game changer.
From the presentation any good news to come adas ? Or are we waiting 2 years for oil to arrive ?
Not implying that orca could or will be bought for £8m spring water, was highlighting that at current market cap at this level it would not be unreasonable to think someone might consider all options... I'm happy to wait until first oil, would expect us to be far higher than 10p by then.
I will be steadily rolling profits from elsewhere into this and begin to accumulate a decent holding.
My view is that the market deems 2025 for FDP approval as being some way out, irrespective of the current MCap.
There are numerous moving parts to this so it may be a mistake to consider true value coinciding with FDP.
This has a great deal of potential.
Yippee a huge buy of 1767 shares just went through! Well its a start anyway!!
GLA
Good assessment mangio. The market will rerate the sp in its own time, hopefully sooner rather than later!!
I guess that ppl have bought at this level as it is at this price for a couple of days..... perhaps they stay put in case of a dip and then maximise the profit? who knows..... I loved the presentation. For sure Steve knows what he is talking about AND he is in first line with lots of investment himself and family..... no like other AIM cr*p just there for robbing ppl. Time will tell .... rome wasn't built in a day.... lets see how the market reacts .... if any reaction .... the future is bright.... GLA
Would have thought there would be increased interest after the presentation. The sp is ridiculously undervalued.
What is share pad???
250 million barrels of oil in their ownership. At £70 a barrel. 100 million on the Ping deal at 18.75% license. Free carry to first oil. The other 2 license are on partnership deals at 50%. The Ping deal is signed off. Waiting for them to appoint an FPSO team. Another license also awarded. A third to come.
This market cap is an absolute joke. This CEO is the real deal. Delivering on time et he says. I will top up as soon as I can. Will look towards doubling my holding in the next 2 weeks.
Have a target of 2,60 yes 2 pounds 60 as i said loading u soon
Zeus Capital
Where did you get the 84p from? which Broker was it?
If you can’t access, You’ll be able to watch it on YouTube in a few days I believe.
InvestorMeet. You’ll need to register.
Where can i watch the presentation ?
Broker note issued this morning.