Member Info for ARahim

It it black smoke but they have just cleared the cylinders. Good positive news ahead. We are in a new era.

ranger, as you already said it . get a life and stop wasting your time on something that does not concern you.
This is not for kids or old retired fellows. it is investment with all the risk and rewards associated.
posters on this board are just trying to stay on line with their investments. they are not wasting their time as you do.

Ranger, you,ve being advised many times not to post here. Keep quiet kid.

with $27,900,600 expected by year why bother about sp, let the traders at bay. 200% return on investment each year is very good deal. a fair price should be at least 10p. some people are wishing a 2p sp but we did not steal our money. It is well earned. if it is not sp = >10p then dividend is well welcome.

here is what is happening with small trades;
first as I explained before trades cost fees and taxes and only large holders can use small trades to manipulate sp up or down to sell or buy, since small trades are not profitable for themselves. In this case they need large repeat small trades to influence the graphs. this only can happen when volume low and they need to attract traders to push sp up and sell later. This can be done by IIs who hold large amount of shares or loans to be converted to shares. In our case our lender has no shares and there are no agreement to convert shares in the future.
what is happening is: traders hold accounts with multiple brokers and when volume is low there is always the shortfall to match sells with buy hence those reminders will appear as small trades. Probably bought or sold by brokers to fill the original order. this is why they are always at the bid or offer price. for example in a quite hour of the day there are:
£500 to buy at 1.1p and £495 to sell at 1.1p will generate a £5 sell at 1.1
In our case they are normal. No one is behind it.

Damn cheker. Storm ... Looming.

The calm before storm. Update is looking
Keep kool.

proof; number of trades is 47 if you see a massive surge in number of trades with this small trades you may start to ask the question who has benefit to do it?

nothing sinister behind these small trades. They may just result from luck of liquidity in trades.
I have an experience with hundreds of small trade in a single day. That was with kod and RF finance. They used to walk sp down to convert part of their loan to shares then walk it up to sell at double the price using hundreds of small trades to influence trades through the graphs. They managed to do it time and time again till they are done.

ranger, you are wrong just by posting on this bb. You are not adding a thing here. Just disappear and stop this drivel.

exactly that is what we want. long production life for all the wells. like any miner petrol companies do as well publish estimates of their discovered reserves and how much they think is recoverable at each price.
I wish echo as well does provide more info to share holders to boost the sp.

abzzb, definitely increasing production is going to push sp up. but we still at 150% return on investment instead of reflecting the x17 multiplier. this will come only once the production wells are proven to have longer life.
petrol investors are looking for the long term return not one or two years. that may suggest that the majority of investors have not yet gained faith in the long term wells production. Once this proven sp is likely shout x10 or more. as someone has already said: sky is the limit.
Do we have any idea about the expected life of wells in production?

The market is setting sp at expected revenue this year - debt = mcap.
That is: $30m - $12.5m = $17m ---> sp = 1.05...1.20p
upgrading the pipeline news and new well will force movement upward.
It is a bit odd to set price at 150% return on investment given the sector multiplier is x17.
but we are in Latin America not the middle east or Texas.
wait wait and wait. if it is not sp it will be devidend.

for me it is just a case of hold and wait. If it is not sp it will be dividends at the end of each year. Happy to have 100% or more each year as a return on investment. Hold for gold.

debt EUR 12.5m scheduled to start payments by 2025.
revenue estimated at EUR 30m a year before upgrade. starting from this year.
Mcap EUR 18m.
sector multiplier is X 18
The question is why echo is sitting here while ukog jumped just from the reputation of Kurdistan oil history?
I guess part of the answer lies in this document.
https://www.maalot.co.il/Publications/MT20180422155940.PDF

with $30 m expected this year before upgrade sp should move to reflect 1 year return on investment worth:
150% sp = 1.30p
50% sp = 4p
25% sp = 8p
very cheap where it is now. dividends are much appreciated at this level. keep calm and wait.

No trace of procurement news yet, but I expect it won't be very demanding as locals can do the job easily.

who said 2p will be enough. I wont be happy for sp bellow 4p at least. How many days left to finish the 45 days pipe upgrade?
It won't be long now and more cash will be injected.

These shares has being sold last week as sborts. What impact do you expect t today?

This is the original message. This is not a bone ranger don't try to bite it.

current full production estimated at $ 22m
On uplift of production estimated at $ 88m
Mcap sitting at $20m
rerate is just waiting for a Triger after this warrants fear is gone.