PYX Resources: Achieving volume and diversification milestones. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
seismic interpretation is this what you guys on about on earlier post?
7.5 - 8.5p.
Great day--Great post DR. But you can see how the MMs DO try and manipulate things when you see those late BUYS have been held back from 15.30 etc and if you look down the trades there are few more BUYS 100k that were held back. But a lot of good news to come that hopefully will mean toadys excellent price is a thing of the past
I think 100%+
Me thinks
Lots of hidden buys showing now.
Cheeky MM's, hopefully another bog blue day tomorrow and on to 30p plus
Should be really interesting tonight.
Asx 100% up
Good post Doctor
My god, lots of crap gets posted here so impossible to read the board at the end of the day
6.2p and we are ever nearer to 128mill barrels net to RMP. At the much talked about $3/barrel sale value Armstrong got thats over 50p SP on full discovery
If it was 30% COS predrill what is it now? 70%+? Certainly everything in place for it to happen now, including continuing to look like Horseshoe
So with a 70% chance of 40-50p, 6.2p seems very very cheap on a risk/reward basis
Also full wireline will take 10 days but there is a "first pass interpretation" which i guess takes 2 days so RNS on that friday or monday at latest. Then they will clearly be going over the Nanushuk area and analysing that first before the very big Torok so it will be RNSed fully before the end of the 10 days.
So when the wireline is very suggestive of the big find, porosity good etc then what price? It'll be 90% derisked of hitting 40-50p so price should really be 30p+ on that
All in all its mentally cheap currently. Fill your boot territory to 10p pre wireline, then fill your boots to 25p
What a rollercoaster past few days. Maybe it’ll hit 10p tomorrow and so on..... just maybe this could be the one. Gla
VERY good day but looks as if MMs dropped the price lower than it should have gone, not that many late sells--showing anyway
+87.9% ….not a bad days work!
Great day here everyone.... well done to those who took some took a bit of profit which is fair enough... personally nothing sold by me as I'm convinced there is much more to come over the next week or so. Volume is key... and if its positive these things have a way of leaking out some how......Cant for the life of me think how! ;-0
Now showing 6.2 post auction.
Wireline results mid next week. Can see the price go up and down a bit in that time!
Decent close for the day, all things considered. Stops things overheating a little. Would've preferred to hold 7p, but still decent.
to 6p!!
Someone loading up again...look at all the 60500 trades piling in. lovely.
Since my target is 75P I don't think I would bail out until it is acheived.
Didn't know you could block people, but in my case it could be better is I could allow people, otherwise I will be here for a week getting rid of people.
And it’s all eyes peeled for the first logging results and in an oil rich region it has to be a yes!!!
Realistically momentum alone will take this past 8-9p, anymore than that need wirelog results, then IF what we are expecting, astronomical.
Horseshoe 1 well drilled in 2017, located 4 miles east of Wink-1 200m oil column across Nanushuk fairway oil type sweet crude oil of recoverable
https://www.asx.com.au/asxpdf/20171101/pdf/43nvwgl0r48s95.pdf
Also good price for Winx-1 recoverable oil
http://www.livecharts.co.uk/MarketCharts/brent.php
It wont be long before this breaches 10p.... mon or tues next week.... 25p the week after! ...on positive news from wireline logs of course
Well done SharesDealer ... always stating the bleedin' obvious.
After that horrible crash down to 1.40 last Friday, I'm very pleasantly surprised by this fantastic rise up to these levels this week! I thought I'd have to wait months till my break even point at 3.33! I did say last Friday that if I got my break even point I'd sell up and run! However, I am still holding and holding my nerve and hoping the SP can get to 10p(or a little more) before I sell any. Doesn't look like that will happen today, but with a bit of luck may happen by the end of the week. But am still a bit cautious, as I know what can happen with these shares sometimes - if there's any bad news then the MM's waste no time in crashing down the SP! Either that or the SP starts drifting down. Hmmmmm...... let's see what happens. Am keeping a very close eye on the SP movements and keeping my fingers crossed!
Mr p,why would it be heavy oil,check repsol/Armstrong well is not heavy,its light,and four miles away.