Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
I myself think Oil as flowed and now they are pressure testing over the next two days then a day or two to get all the results together for the market. You do not look forward to providing an update if next RNS is going to be 5rap
You do not tell people you look forward to telling them bad news that is for sure, and you do not say we are pleased to provide if it is bad news. They need all of the results before they can update the market and that is what is happening right now. The RNS in my opinion was just to inform us of the delay they encountered with the cold weather, but with hints that things are ok.
I would not like him to invest in anything without doing his homework first Brombarb. I just mentioned HE1 because it would be a good place to start. The well as been drilled the results where astounding and they plan to test the flow rates 3rd Qtr of this year, he as lots of time to look at what they have.Yes they will need to raise money to do the testing but that is the way of things on AIM To be honest their share price could be anything from 40p to 100p if their test is a success.
If you are new to shares if you make some profit from these shares take a look at HE1 their share price should move up a lot when they start flowing their helium, reprted to be a huge helium well,world class. I think they will be testing within the next six months.Good luck with your investments.