Member Info for Bio_tango

Tomorrow is the 25th, mann123. What did you have in mind? Strangely enough, there were a few trades today-very unusual for ACO...

Seems the seller is done and with another proof of concept, we could be on the move. Ticking up nicely and only limited volume available to buy online.

Quote from report:' "Secondly, we need to tackle the supply problem: we need new drugs to replace the ones that are not working anymore because of resistance. We have not seen a truly new class of antibiotics for decades. It is in policymakers' hands to change this. We have recommended that countries must review carefully how they buy and price antibiotics, to reward innovative new drugs without encouraging unnecessary use of new antibiotics. In addition to this work at the national level, we need a group of countries such as the G20 to get together and provide for a reward to developers of new antibiotics after they are approved for use by patients. These market entry rewards, of around one billion USD each would be given to the developers of successful new drugs, subject to certain conditions to ensure that the new drugs are not ‘over-marketed’ and yet are available to patients who need them wherever they live. It is great to see this idea already being discussed by senior G20 officials. I hope this discussion will translate into tangible action during their Heads of States’ meeting in September." Guess who is working on multiple treatments to tackle all superbugs. The new changes could make REDX a takeover target for a larger company.

Seems to have bottomed out. Buy price increasing for every trade.

http://af.reuters.com/article/energyOilNews/idAFL2N18G0WB Argentina announced a new program on Thursday to boost natural gas production through a guaranteed price system, in a bid to cut liquefied natural gas imports and reduce the country's long running energy deficit. Under the program, which began on Thursday and will run through December 2018, the government will compensate producers launching new natural gas projects for the difference between what they receive in the market and $7.5 per million British thermal units. Energy Minister Juan Jose Aranguren said last week that he expects Argentina to stop importing liquefied natural gas in five or six years.

Final results should be published next week. Expecting revenue to be significantly up and a good surprise on EBITDA. We could move in a new trading range as early as next week.

Where is the floor? Will keep an eye.

Chart is primed for a breakout on volume, we need a return of the automatic trades though. Although most of our current production comes from Argentina where the price is $68, we also produce in Columbia where the price is linked to Brent oil. Brent has moved from low 30s at the start of the year to almost touching 50s now. This has yet to be reflected in the price and we are lagging other producers. Great economics in Columbia where OPEX is around $18.

The finals are due soon. There should be around 400 to 450k in the bank (accounting for Nathan's salary and other expenses, Giles and Rupert don't take cash salaries). Superb assets here but main worry is if a proper update on Manadiana/reverse takeover is not included in the finals, the MMs will take it down.

Apparently, Malcy is meeting Alejandro (CEO of Andes) this week: Alejandro Jotayan is a Industrial Engineer with a Masters Degree in Business administration. He has 20 years of experience in the oil and gas industry in the Americas and Europe. He was Head of Strategy and Business Development of YPF until leaving in 2012. Previously, Alejandro had held several managerial positions in the exploration and production departments of Repsol-YPF working on the commercial development of Vaca Muerta in the Neuquen basin. He had also held managerial positions in commercial analysis, strategic planning and control and shareholder reporting in the Techint Group of Companies (Tenaris, Ternium, Tecpetrol). Alejandro is well recognized in the industry as a professional leader in the conventional and unconventional hydrocarbons business, having comprehensive knowledge and experience in technical, commercial, economic and regulatory aspects.

Some buys going through on ISDX, including a 52k earlier today. Chart is looking nice. Would be nice to see the automatic trades at work tomorrow...

Nice sunny day today and noone turned up for the trades. There's always tomorrow. Strong fundamentals, growing production and company has always bounced up hard from sub 20p (check out 5year chart). Some warrants at 26p but most warrants are 40p+.

Dare I say boom boom boom. Volume has increased since last week and difficult to buy volume now.

You brought luck with you. One of the highest volume day recently. Let's keep quiet about it now...

NT to buy even £3k now. Bid has gone up...

AP, completely agree. Expecting good % increase in revenue. At least, they have reduced the spread today. Feels like PPC at 4.7p :)

AP, some trades are going through on ISDX-mainly buys. Some aren't even showing anywhere.

1) Strong production performance from conventional a) Diversified production base of 3,300 boepd from participation in 150 wells and 8 fields, in two countries. It gives a stable and diversified cash flow necessary to grow, as well as operational and technical capabilities b) Development plan in Chachahuen has delivered outstanding results and continues to beat expectations and support growth. Development plan for La Brea and El Manzano (targeting Agrio Fm shale) c) Development of current reserves can increase the production a 50%. Current Conventional Exploration upside could more than double present reserves and multiply production by 3 or 4 d) Track record: Production increased by 10 times in the last two years  2) Developing world class position in the Vaca Muerta. a) Current Andes’ shale resources are 20 times the present reserve base and could multiply by 20 current production b) Productivity is increasing and costs are in a reduction process in the country. New Government will incentive investments c) To have in mind: the revolution of the shale in US has been done by independents companies, not majors. Then, majors bought successful independents at high premiums and/or farm-in its assets  3) Benchmark with other Independent public companies operating in Vaca Muerta: a) argest acreage position in proved VM acreage and highest quality assets, located 90% in the oil window b) Highest number of shale oil discoveries; 500 million equivalent oil barrels of certified resources c) The only one currently producing from Vaca Muerta d) The only one with a local top management and with a group of well established local shareholders. No cultural barriers; no complexities with unions and regulators and no difficulties to execute. e) The only company partnered with YPF (the most active player) in 4 licenses in VM and 8 more in other plays

Short term, looks dire here. Unfortunately, see new 52 weeks low. Will keep on watchlist for when market conditions improve.

Bid being dropped on low volume while ask is still high. Some will get frustrated and sell.