Member Info for adamk87

LOL Pilgrim.

Gregpeck you’ve seen how many buys this has soaked up the last few weeks (and some heavy sells) its a joke.

We had 250 grands worth of buys in 1 day a few weeks ago and it did diddly squat to the SP sticking to 0.60 - rns was decent enough but still no movement. Then a few sells and the SP dropped and has stuck to where its at currently.

This black hole has been soaking up buys for weeks, it just does not want to budge and wont do until some material news lands.

Todays traders will be bored come monday and move on.

Excellent progress being made here, i reckon reason for the drop was lack of clarity on the finance restructuring which imo is a case of when and not it.

SP should have rose off the back of todays update, it will pick back up soon enough. GL

Unanimous decision

I am too! Just posted mikes email to my twitter (jellarochford1) to confirm he did say this week so lets hope they deliver!

Yes and Pal was the first time i came across you, what did i call you the first time we spoke? Mr Beggar and how true was that shout. Your always begging, whether up or down. Nothing of substance just trading few % swings lol. Ohh and for the record at Pal i made 80% and since then have had a good few winners (100% + not few % like some).

Would prefer it if someone upset you again and made you sell lol - last time you ‘sold’ the SP rose so your sub 1m holding wont really affect things here.

Anyway lets not ruin what is a good board with petty insults. So i’l let you go ahead and post your predictable reply and move on.

GL holders.

Gordon IIV is a joke of a man. Anyone reading this forum probably already knows this.

Mike possibly, i use the HL platform and at the time stated could sell similar volume above bid which was 0.20 so possibly whoever that was needs to change platform or it was a delayed buy/sell. We’l never truly know. GL

Ok that makes sense.

Apologies for the running commentary but i will stop after this.

I just found the 6m sell trade showing as rather peculiar - i had done a dummy sell just prior to that trade and was offered above bid which was at 0.20 at the time for 6m shares however that trade went through at 0.19....im assuming it was a sell from earlier just being printed. Just an FYI

NT to buy any at 0.21 - strange imo

After the amount picked up sub 0.20 you’d think they’d offer buyers a few more than they have.

The way the mm’s are moving this sub 0.20 wont be around much longer with it going down seemingly to shake out weak holders and when the selling stops a couple of buys move it up again. Take advantage if it happens again, its a free hit down here.

When i say producing, i dont mean commercially. A quick google search will bring up more info.

Gordon Bhandut field is a weird one, in 2016 they started producing oil from here for the first time and the SP went from 0.6 to 1.2p on the back of that news, it looks like GSPC stopped paying towards their share of the costs after initially coughing up £35k owing £50k here in cash calls and the work that was happening here stopped from progressing.

Searching for info on the Bhandut field i’ve come across a couple of articles stating its rich in oil and there have been multiple interested parties wanting to complete a full buyout since 2017 however at first gspc wouldn’t entertain selling their stake in it (typical) until recently and nobody would want them as a partner.

With them now wanting to sell their stake, going off the last quarterly rns it looks like whoever was interested to buy their 60% also wants to take oex 40%.

What its worth, i dont know but its definitely worth something with gspc not wanting to part with it and looking at articles from 2016 it was hyped up a fair bit (oex share price doubling to 1.2p on news from bhandut).

GL

Gordon we agree on SP movement for once lol!! Hallelujah

Every chance (or not) we may get something on oz before month end or it may be the first week of December.

Im also wondering how negotiations went for our pi in Bhandut, maybe we hear something in this regard soon.

I do believe closer to the deadline this time round we’l see a bigger move and more fireworks than we did last time for Mondays.

Getting excellent value for money sub 0.20p so dont take the SP languishing here for granted, make the most of it. Couple of weeks fly by and if the mm’s get wind of anything in the meantime they’l move it up from here very quickly.

GL

I’d like to drive!

Lol

Plenty are including me and will continue to do so. GL

Saying that, this time last week i added sub 0.20 and i have done again today. Clearly the mm’s dont want to drop this too much with whats potentially company making news around the corner.

The drop is justified, its more a buy opportunity at these levels than it is a sell given price.

We have news due on multiple fronts and i believe the sp will start to rally once it settles down. GL

I agree with you Matt, the rns comes across very lazy with little insight into reason for delays hence the market reaction.

At this stage i wonder how much they’re actually allowed to say given we are technically under a bid situation. I cant imagine it being a great deal, however much us pi’s would like to be kept in the loop more. GL