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That will be it! Already have holdings from low 40's and just taking up position now for the news. Did everyone see the reaction with Mossman energy?
The other buy showing is for 201k on NEX/Aquis for 0.49p at 8.56am. Could that be it?
I also use Halifax as a broker and got another top up buy at 49p before though it isn't showing on the trades for some reason yet. I've been on this share for years on and off and has a history of rising on news and great opportunity for a rise here with the license news imminent . At this price it is just cash in bank so massive upside from here
Got mine via Halifax at 0.49p just now. Looks like the spread has narrowed though the published spread is large
Buy of just over 201k on NEX/Aquis. Also just bought some more myself 300k shares. Deal done via NEX/Aquis.
Still controlling this tightly .527 to buy even tiny amounts
Yeah bordom definitely the case here. Bought several times but in the red overall. Expected the Permit to come by now but i suppose covid has delayed things a bit. Either way i reckon the permit should be here in the next few days, at the latest by the end on this month. Priced at cash and low shares in circulation, i am surprised the sp is still at such a low level. I believe this will change over the coming days as people see the value here. So many shares have mutli bagged with positive news recently and here 2p+ seems a reasonable price with good news.
Aside from boredom it makes no sense to sell any.
We are priced at cash so the only real question is how much we rise on news. 2p seems a reasonable estimate...
Same here. Just waiting for the big push up which can come any time now imo. The Ask has been creeping up over the last few days but the spread has been kept wide. Does suggest MMs struggling to get people to sell now and are squeezing more out of those wishing to buy in...the calm before the storm...
I’ve been trying to add under .5 and it’s been nigh on impossible.
Got a decent holding now so it’s sit on hands and wait for the herd to arrive on news....
Agree. Permit news must be imminent, been a long wait but expecting a big push up in the sp very soon. Looking for a multi bag here. The MMs have kept very tight control on the sp and it has been in quite a long downtrend but i expect this will change very soon.
IMHO, we all saw how MSMN went through the gears.
We are valued as a cash shell so permit news is min a bag and likely more if/when herd arrives as there appears to Be little stock
On offer from mms as they know news due
My small Buy at .519 went through as a Sell. Happens a lot - does it matter? Who watches those feeds anyway?
Yes this is an exciting project and not the only one they seem to be looking at.
Straight off the bat. This will move quickly on
Any meaningful volume licence renewal should be any day
Being targeted as structure 6 times the below.
For comparative purposes, the currently best-defined structure, the Doran Prospect that is located immediately adjacent to the west of the Cliff Head Oil Field may have a closure extending over 35km². Cliff Head, that has reserves of 18 MMbbls covers less than 6km².
Yes they paid $150k for a piece of work associated with the renewal. I agree, it or quite close now
Should not be long now this is just a renewal and as per below the requirements for renewal were funded by RMP.
During the quarter, Red Emperor funded the completion of the existing committed work programme (comprising geological and geophysical studies) required under the final year of exploration permit WA-481-P in the offshore Perth Basin. This work, which was managed by Key Petroleum, was completed on time and on budget (A$150,000). The existing JV partners, Pilot Energy - 60% interest and Key Petroleum - 40% interest, duly applied to the National Offshore Petroleum Titles Administrator (NOPTA) for a renewal of the permit prior to its scheduled expiry date of 19 February 2020 and are still awaiting a formal response.
IMHO have v little shares,
Easy 2 bags on news here....maybe more
These low prices are allowing people to accumulate with minimal risk, as at these levels valued at cash in bank
The 200k buy was me. See somebody else bought the best part of a million shares as well. This share has a reputation for being a bit lively on news so getting on board now.
A biggish sell yesterday but a bigger buy today...i wonder if someone is building up a stake??/.......permit news must be due any time now imo. Positive news will propel the sp in a big way imo
Keeping an eye on this license should get things moving
agree one which is already producing revenues