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Maybe they did not want to give the company away. To be at this stage and still have 100% of the drill. It is higher risk but the rewards are huge if it comes off, investors will not be moaning about not getting afar in then.
The MM always have the upper hand, they don’t get caught on spikes simple they can’t fail. Considering no news it is holding up well. This could well go down to 1.5p news drops in within 15 minutes could be 5p and still going up. It is the spike above 7p you need to watch. Sit back relax patience required its not rocket science.
No news that is why it is so quite. This is why patience is required, just waiting on RNS once that arrives fully expect new highs pushing on to to 10p. In the mean time expect it to drift lower all about timing.
Agree 100% I would be really worried if we did not have these derampers would reduce holding but thankfully they keep me holding. Keep up the good work derampers 1p by Tuesday ha ha.
Excellent nearly 500 posts on a Sunday rampers/derampers should see us break 10p this week bring it on.
Live on AIS looks like she is heading back to port. It will be interesting the next few days to see if the Rainbow Warrior follow when she leaves port, hopefully not.
They will do DP tests in open water. Should go without problems the Engineers will have plenty of time to plan. It is a workout for the engineers it is carried out yearly it a class requirement. Example being complete blackout then has to be up & running within 30 seconds, having to hold within a certain position. It is a hard 12 to 24hours but very interesting/rewarding really puts the vessels through it. It really is a safety stamp of approval. Stena are top end of the market very professional.
Tugs will be a requirement in this port with a fee of about £10,000 each good work if you can get it.
The drill site is depth water 520m good luck with anchoring the R.W.
The RNS what are people expecting it ticks all the boxes, just confirming once again what we already know. Everything is in place the contractors we are dealing with are world leaders in the oil industry what’s not to like. It would be a different story if this was done on the cheap, with little known contractors.
For what it is worth I think Potter & the board have done a fantastic job. The one thing you have to remember we own 100% of the drill. It would be a different story if we had farmed out & only had 20% of the drill. Let’s be greedy & have 100% of the pie. The board have a lot of skin in this drill Potter alone owns approximately 1.8% of the shares plus a load of options. Love it when you see the board heavily invested.
Earlier RNS stated on site 15th Dec then 3 to 4 days preparation before spud. As for sailing economical speed (save fuel) approximately 10 knots Icemax does not not need to leave before 29 or 30th November. Although they may want to sail earlier & hang around drill site before charter starts.
Hopefully price will be in the 6 to 7p range end of this month, exciting times ahead.
Thanks Paul that makes sense.
On HL the quote is 3.35p sell 3.45p buy on dummy sell 3.42p on buy 3.45p this is on 500,000.
I have heard a very tight spread is a sign that MM are short of shares, if that is the case why not let you only sell?
Maybe a more knowledgeable poster can shed some light on this, thanks in advance.
Really pleased the way it is going up with all the news to come.
I have just over a million shares average 2.7p fairly sure I will end up taking a lose. But always look on the bright side YOUR HEALTH IS YOUR WEALTH. Hopefully over the coming months we can all get back to normal, not much good making a pile of cash & can’t spend it because of many restrictions. Not my idea of fun not being able to go on holiday cannot go to the pub, can’t take in going to live sport, having to wear a mask when out and about.
As it is hopefully the company can come out with some positive news this week, as masks are still going to be required.
Today is just proof have a balanced portfolio as you don’t know what is round the corner. If only I had sold half when up over 100%
Mistake should be NCYT
Checked NYCT Feb 17th to 20th 4 days only approximate figures from chart (small scale ) 17th high of 150p low of 65p. The rest is history hopefully similar story here, this is about all I can take comfort from after today.
Russky I remember that tree shake well in RKH at the time I had 50,000 if I remember correctly it was over about 4 hours. It caught a lot of stop losses out. Just like here have been tempted to try to day trade this but common sense prevails, plus I am just not good enough at it. Exciting times in this share let’s hope it stays that way.
If he said it would get dark tonight I would not believe him.
Harry you have nailed it with that post it is as simple as that. I am well invested hear it is how well I play this that counts. Time will tell certainly not a boring share but maybe not for widows and orphans.
Just the start over the next 3 months this message board will be a crazy place, it will get far worse. A lot of people with an agenda, the worst thing you can do is take them on, that is giving them air time. They are trying to sow the seed of doubt just fishing and it is very easy catching some whoppers. if you feel you must engage STOP THINK DONT ENGAGE just filter.
Not that I am ramping but with a good result 50p end of January 20. Only joking it will be either 0.5p or 20p as with reward there is risk you decide.
in4cedros I don’t see that I am spilling the beans. I don’t see that I am trolling or deramping, check my other mails if you don’t believe that. I still stand by that statement I don’t think the group would allow it. Remember the offshore industry is on its knees . I am invested here maybe a little to much, but the plan is to top slice just before the spud.
You said trolling is an art form no I actually think they are sad bar stewards.