Member Info for abzzba

Seems to be a lot of confusion as to how long fracking takes, i am no expert at all but from what i have read and managed to get out of oil industry colleagues its not a long process so it would certainly be good if this was cleared up once and for all.

They drill water well :))

There are several sites that "supposedly" breakdown ECHO share holders, they differ greatly in the breakdowns, see a couple of links below.

https://simplywall.st/stocks/gb/energy/aim-echo/echo-energy-shares/news/who-owns-most-of-echo-energy-plc-lonecho/

https://finance.yahoo.com/news/really-owns-echo-energy-plc-090506794.html

In this case i am all for momentum.

Question is which will be fracked first ELM or EMS

Any reason we do not make it into share risers

Aye, its not been a bad day !!

https://www.energyvoice.com/oilandgas/north-sea/187080/cluff-makes-breakthrough-in-hunt-for-north-sea-partner/

Think i might concede it looks as if the recovery will be sustained,

Excellent news

Hopefully this upward movement can be sustained, lets see what the coming days & weeks bring.

WT, thanks for the reply though i cant say i share your concern regards a take over.

This was always going to be a long term bet

Lets hope so, time for CLNR to shine

egg, thats a lot of trucks per day, question is will they build a motorway or install a pipeline !!

As WT says below we must await EMS 1001 RNS as there is not enough info to make an informed decision, i would however ask WT why withholding that information could be considered as protecting shareholder interests, can you enhance or give a scenario as to why you say "but then you run the very real risk of share price sensitive news leaking out which could have unforeseen and even catastrophic consequences for Echo and its shareholders", i ask as its quite obvious the lack of information has done nothing at all for the share price or investors other than those lucky enough to be be getting in at current prices, there may be some reasoning i have missed.

WT, I am aware of JBs enthusiasm, the Edison report and June RNS stating possibly transitional find however until that converts to lots of oil flowing out of EMS the only reason for me wetting myself is the current share price which sees me with a considerable paper loss, this said i am enthusiastic to see the results and know more about what sections of EMS well will be fracked and what sections have been perforated, i understand there are constraints on what the team can tell us however i thoroughly believe they could be telling us a lot more than they are.
My saving grace is i can hold for the longer term if needs must.
At present i am "mulling" over whether i should buy a wad more at this price, it goes against the grain as i am already overly exposed here, but truth is even if EMS turns out to be a fraction as good as suggested the SP can only go one way from here however my June RNS thoughts of 30p this year are out the door, 100% sure about that, but buying at the current price i do believe this could easily double or more from here once EMS & ELM are fracked and producing.

Lets hope it well worth the wait

MoneyAM both 1 million trades show as sells at 15.57.32, there has been mention on this board about JBER, they are also being mentioned on MATD board.

Thank google who i think did not do a great job, either that or the guy that wrote the article is a clown