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3 now at 1.9p on the bid. Finance now sorted with overhang lifting hopefully the turn around has begun. WTI at $88.6 which will make our billion barrels highly attractive. Still £15Mish. Craaaaaazy
We've had a MM at 1p for weeks. Interestingly now all at 1.5p plus...
Just said to my partner that's we're uo 20% and she said I will only care when it's 10p.
Fair play
Stupid valuation but 2.10p is being paid
Has been priced as though WTI is $33.
That has to change...
3 MM on the bid now.
Let's see
Just went blue Hay....
Let's see. At £15M MCap this is ridiculous now
Easy that is insane
No worries then prophetus. Looks like it could turnaround soon as Ask going up on some decent buys
Not that I'm in...nonetheless that is some whoooosh
Wow
That £33M debt was a necessity to buy Atomic. CUDA purchase $18M again was part of the road map along with the GSS. The rest was plugging funding gaps and corruption. Now let's mature...
Well Steve at least we have a road map. We've achieved 2,500 bopd without the GGS. We are profitable as a company at 2000 bopd. JV aside. When looking at some of our 'brothers' in the swamp we have PANR, ANGS, MATD, 88E, BOIL etc. Yet realistically it is probably only going to be a couple including COPL that ultimately will become a profitable producer and that is only focused on our BFU. The GGS was the holy grail to profit and we are on our way
2.4p This should be just under 4p and would have been have JBER and Anavio not colluded. Dirty dirty bugge**ers. Always corruption when money is involved
I also see AM's legacy apart from the CUDA capture as a shameful quest that not only has he embarrassed his follows but he has embarrassed himself. Not quite sure that is how as a man he wants to be remembered for. Therefore I fully expect him to deliver on the JV. 12 months in and with a LOI signed and the fact they are still under NDA suggest that closure is very close indeed
Regarding the funding announced at 4p. To execute this at 2.6p is borderline illegal and JBER have been implicit in this. As a governing body in the last few days the FCA have been put under pressure to act on the apparent shenanigans and as a consequence I think JBER will realise that they are now being tracked and phantom borrowed shares for shortly is actually illegal.
Add those two factors into the mix with anticipated production increases and one starts to see a major turning point on the horizon.
Look forward to the synagery of these events which at last begin to reward SH patience.
GLA
Lowest volume week for sometime yet finished 10% up on the day. GLA
Just hope most LTHs didn't throw the towel in sub 2p recently. I know many that have been adding. Let's see what happens. Exxon are buying up lots of assets at present. Any connection with then officially and skies the limit
Lush Shouston.... If they are done then watch this fly
Someone just moved to 2.95p was that JBER?
L2 switch....Next MM at 2p.
Back to 2.6p for starters once clear