Member Info for BarkingCrazy

SBB1 - I think if you check it is still at the Quay side in Port Gentil. What makes you think other wise?.

The RSI is currently 48.05 so I think your statement of over bought is somewhat misleading. Actually no it's not misleading it's absolute BS.

Has now moved from anchor in the harbour to along side the Quay. Loading of the rig can now commence.

Well theres a blatant untrue statement in the RNS. It states " and is currently being loaded onto the Kota Bakat." Well as the Kota Bakat is still anchored in the harbour and not yet docked how can this be the case.

So whilst it's great news the cargo ship has arrived in Port Gentil it is infact anchored in the harbour and not docked at the port. So the question is how many days do we now what for the docking, loading and departure to Pointe- Noire.<br />Could be a few days yet so lets not get too excited just yet.

50,000,000 probably a sell as there has been loads of stock available to buy over last couple of days. Lets hope seller has now finished and we can move on from here.

As an add on to my last post it shows it's destination as Port Harcnia not Port Gentil, v strange.

Have i got this wrong, when you put in search for the cargo ship ( Kota Bakat) in marine traffic it shows it moored in Port Harcourt. That is some distance from Port Gentil where it is supposed to load the rig tomorrow!.
Surely not another delay coming.

I thought they said on the conference call that the pressure in well 102 had a surprising high reading. they now say there is an absence of gas. Doesn't quite add up.

Well the much anticipated conference has been and gone and the SP remains static and the volume is £10k worth. Must have been a stunning presentation. This share is like placing your bets on a roulette table. More and more chips keep getting added with each piece of news, which of course increases your chance of a win, but it's not until your number comes up will you actually get any reward. Until then it's just more money being risked on potential.

Well the SP is no where near as excited as folk on here!

They look like a rollover to me.

Am guessing we may see a few Flippers offload some now as CC didn't provide any really positive news

Will be in August now.

Yep iii have done a Maersk of bulletin boards and made completely the wrong decision. I found the conference call mildly encouraging but still a bit woolly, with funding defo on the horizon and contracts of any kind still jam tomorrow.

10p end of year. Get real, it's such a hot stock this one that not 1 share has been traded in first 15 minutes of todays market.

So despite all the hype and constant ramping the SP goes nowhere infact a down tick seems more likely. The .6p placing shares still seem to be getting flipped for the 17% gain.

"The management have been working very hard, spending time in KSA," That is exactly the same statement they kept saying on the conference call just before the KSA trial was scuppered. Basically means naff all new has happened!!

Possibly! or then again maybe not.

Probably a delayed sell from hour earlier when price dropped. SP is reacting as you would expect pre placing which is probably going to be around 7-8p