RE: Summary!27 Apr 2018 19:19
Great update Fad and I did post earlier in the week when Sparkler I think accused you of being a paid agent of the firm but the post never appeared. I have never suspected you were a paid ramper... just saying! I think you shouls have taken JN and the dog into Covent Garden / HELL and they could have guarded the car while you fought you way through the savage hordes.....
I think there are quite a lot of private holders who sell into a perceived news gap. Today's RNS was expected and the new deal with True takes the 'Sexiness' out of the current 6 well campaign for those in the 'Short-term share game'. So as usual, today's drop seems bonkers and is painful on paper. The sellers hope for a gap before any more news.....We have obviously been having a very shit time of it on the share price front and with my average of 26.8p i can tell you I am not fond of the process.
However, I too, along with many others have become much more happy with this new deal and I DO think it will appeal to the CITY TYPES. It's a safe deal. They like SAFE. it's a NO BRAINER. No placing, no risk of capital, just some cash coming our way soon.
When will the big DTU deal drop, when will we drill Montana, how much will the mystery 3rd stage flow, how close is another Denver acreage deal.... and when will Cantor's issue some research?? I don't know. But I do know that if i had just been watching this and waiting, and watching and waiting and watching ..... then my finger would be hovering over the BUY button right about now and I reckon there are a few savvy people out there in the shadows, maybe even choking on their breakfasts, who will be having some of this because at this price it is a very nice buy.
Shadow has posted that his broker has a 15p target on this having dropped from 20p. I don't think so... i think we may paddle about between 20-22p for a bit but the next bit of good news with pop this up, how much depending on what it is and the drill progression will start to take effect over the weeks. What's on the Agenda at COGCC on Monday peeps??
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