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Thank you, very true hardnose. I really cant afford to lose anymore money on this share. I will sit this one out (for now). If there was any glimmer of hope for the end of July target to be met, the sp would not be where it is today. B
Quiet scary watching the fall, i wanted to buy some but not sure what to do. This has already cost me £65,000 when I sold at a loss at 1.6p after buying in at 3p. I wanted to try and make up my loss, but not if that's possible anymore. Thoughts welcome.
As scary/ nerve wrecking as it is, SP only indicates lack of interest. It does not indicate lack of oil. Patience guys, try to relax and cross all your fingers crossed. It's all about chances and this is as good as any. I have a good feeling.
Judging by the price action and L2 movements (without going into too much detail), I do believe someone (ii? company?) is accumulating shares without wanting to affect the share price; i've seen it before....we will know in 3 weeks or so I suppose. This is by no means 'pump and dump', that's not what it looks like.
My take on things for what it's worth; we should see the sp move higher than 6.65p by Wednesday next week indicating oil in the first target. If it is still below that we would need to wait until the end of November for a similar move. I have to admit I am nervous...no oil would mean waiting until May 2019 for a breakeven and any profit.
I wish i could have bought at these prices rather than have an average of 6.3. I do believe in the CEO and think we will hit oil at some point within the 4 drills. At least with WH all will be revealed in the not too distant future. Good luck all. The bigger the the bigger the reward...