Member Info for Bebeto

A major will make a move on us before Xmas. IMO

Another week chalked off as the stakes just keep getting higher for massive gains coming here.!

We'll have to wait for the financials, to get a poper run down on Revenues/Profits. I'm pretty sure it's not just a case of anything over $20 a barrel (the breakeven price) there's definitely a formula which includes a takeout from the Egyptian Govt. Badger99 has a good handle on the figures. I'm guessing around $10 a barrel are Profits.

The vast majority of private investors would have invested between £5k - £50k in a share like this, (I know there's lots have more too LOL). The highest trades I've seen on this share is under £35k , which suggests it's definitely not beyond PI's trading.

Companies only list to raise funds.! GGP looking more like a takeover or sell off than needing to raise funds. IMO

Thanks Sonicview

I've been looking to see when they sold can't see where it says 23rd June. They only represent less than 1% anyway and they are flying today unlike us for some reason ;)

Thanks iPad, less covering will make a big difference drilling and added value if it was to be mined.

Interesting ending to the RNS :

. UOG is listed on the main market of the London Stock Exchange by way of a standard listing.

The directors of Gunsynd accept responsibility for this announcement.

Levi welcome to AIM aka the Wild West,

vwt25, thanks for the heads up :

Gunsynd (AIM: GUN, ISDX: GUN) announces that it holds 6,058,599 shares in United Oil & Gas plc ("UOG"), representing approximately 3.01% of UOG's issued share capital. The aggregate cost of this investment was approximately £160,000 and the Company paid an average of approximately 2.7p per UOG share.UOG is an independent oil & gas start-up established in 2015 by a former Tullow Oil team. Its strategy is to acquire assets where the management team's experience can drive near-term activity and unlock previously untapped value.

Is the depth the same as Havieron.? I thought the covering was significantly less which would help with either more drills or results per timeline for Havieron.

Ah yes, but the selling has been going on long before RKH was a holder.

The company register was updated on 13th August 2020 and RKH still holds 114.5M shares.

The seller(s) is nothing more than rinse & repeat trades. No trade flags to say otherwise.!

Sooner or later, as the company grows, more and more of the free float will be taken up and the sells will have a lesser impact.

There's several factors why the daily shareprice fluctuates / retraces. It's an old wives tail to blame the market makers as they have their role to play in creating a market. Just like people who uses the charts, the more people involved who are following and using charts the more accurate they are but if less people use them then the less accurate they become, literally because they are not following suit.
The bottom line is, buy when the price is in your buy zone and sell when the price is in your sell zone, up or down. Everything else just clouds your thoughts.

Great post.! I've got to say, I'm reasonably confident that they are going to start back drilling in Egypt in the next few months. We know the oil surplus is getting used and it would be a master stroke to have another well online just as the oil prices shoots further upward.

Americans are buying more/in and they will continue to do so. IMO

Agree, if Newcrest thinks they are in the driving seat because of the J/V then they'll need to think again as all the Majors will be watching this one. IMO

Definitely happening, does anyone still believe that they are waiting for the interim analysis results for COPD P2 trial.? ;)

I deal top up opportunity today.!

Well done gibo333, There's a lot of money to be made in the market right now.! Bringing Profits here will also prove to be a great decision.

Agree, after the financials showing revenues and generating Profits, it will be interesting to see if we start to get some TR-1'S coming through. This would also make the shareprice less volatile.