Member Info for Bluechipz

GiGi - All good points and they give credence to the point that we seem to be massively undervalued at the moment.

I'm hoping that tomorrow is the final catalyst for the SP finally breaking out of this sideways action. Otherwise I'm at a loss for why we are still only 2.5p.

If a take over is real possibility then that could be why the SP is being suppressed. I can't see any other reason why certain investors would want to keep it low. Even the MM would struggle if there was a huge influx of investors.

There are sellers who regularly start selling as soon is the SP starts moving north. Why wouldn't they just let it move and make more money?

I know some will say this is our true value at the moment and many will say that we are still massively undervalued.

I personally did believe that we would at least be at the 5p range at this stage on the verge of production taking into account dilution from the last raise.

Tomorrow will be very interesting because if the SP barely moves given confirmation of production and massively positive and long awaited news being pumped out, then it's just beyond strange.

Keep them fingers crossed that we break out soon because this has been beyond tedious since the last raise.

GLA and especially fellow LTH.

Volume of buys is 5 x that of sells and this is still 2% down for the day so far.

I wish we knew for sure what the hell is being done to this SP as it's ridiculous that we are still below 2.5p now.

@Lockie - Same here really. I have a 4.5p average and have missed out on a lot of profit in the past when the SP here went much higher on less significant news.

Even with dilution since via numerous raises though, I'd still expect this to go a lot higher than 3.5p on confirmation of production this year and PC deal etc.

I'm also done with the AIM after this either way ...

GLA

Dazzer - I've been here since 2019 and I'm probably more heavily invested here than I'd like to be. I've missed out on a lot of profit taking from previous spikes and suffered raise after raise as have many LTH. The only regret I have at the moment though is not taking very decent profit when I could have done as I would have probably bought back in again at a lower price as I still believe this will eventually come off and have a substantial SP rerate.

There are numerous RNSs due, and hopefully once we get one saying that we will be producing Oil for certain this year then the rerate will make it worth all of the LTH pain. Still not entirely sure why the SP is at this level to be honest. Either the market simply wants solid evidence that there will be income this year, or something stinks and people are in the know, hence all the selling. We have been much higher without having anywhere near as much good news in the bank.

Wait and see what happens and keep our fingers crossed. We're closer than ever now. I really hope we all get something worthwhile from MB before the end of this year.

GLA

As per usual, someone selling 500'000 chunks yet again.

Not sure what brokerage people use, but I am on IG and out of interest I tired setting a Sell Limit at 25p and they refused to do so saying it was too far away from the last traded price. They even did so for 5p. I thought it was a little strange given that it shouldn't matter either way to the brokerage.

Anyway, better start for the SP today. Let's hope it continues.

GLA

Agreed Jimi. It makes sense that the market wants 100% proof of income and not the chance of another raise in 2025.

Although ... we have spiked much higher before with much less positive news confirmed. SP pump and dumps.

If the PC deal is announced in an RNS the SP still acts the same as it has the last few months, then I'll be a loss for what is going on.

Yup, all buys so far today and the SP drops 2% ...

The SP is indeed baffling as it seems to defy any logic most days here.

£145k buy was great to see yesterday anyway.

Hopefully we get a blue end to the day today.

It simply doesn't make sense. There have been many a day were Buys have way outweighed Sells over the last few months and the SP has still dropped.

Granted that today Sells outweigh the Buys, but the SP always reacts much more dramatically when that happens.

We are also now seeing yet another positive RNS having a negative effect on the SP.

I'm not 100% sold on MM manipulation either way, but I can't make any sense of what continually happens to this SP so maybe it is ..

We are finally on the verge on pumping oil with many other potentially good RNSs imminent and yet the SP is the lowest it has been in 2 years ... ?

I'm not selling my shares either way as I do believe this will come good, hopefully sooner rather than later.

We have all seen how fast the SP changes, so hopefully we will soon see a dramatic reverse in it's direction yet again.

It went from under 2p to 5.6p in the space of 2 months back in 2022 and that was without the LP, Oil being pumped, Gobi et al happening. We are in a much better position now and with money to keep the lights on for good while.

I've been tempted to top up yet again at these low prices, but I'm already heavily invested so I'm just go to wait and see where we are over the next few months.

Looking good. Hopefully we'll see an RNS this week detailing where we are at, maybe even tomorrow morning.

Thanks for keeping us posted Master.

GLA

Over 7 million shares bought and just over 2 million sold, and yet the SP is down yet again.

Happened quite a lot over the last few weeks.

Wonder if MB will deem it to be RNS worthy?

Hopefully he does to get some juice back into the SP next week ...

Great find again Master, thank you.

Might still get an RNS later in the day. Happened before. Had one at 3pm not so long ago.

Fingers crossed ...

GLA

Finally some PR!

Looks like it was written by someone not familiar with social media or even technology, but we'll take it.

At least we know something is happening.

GLA

I wonder if MB will release an RNS to state when work starts on the block, or just when it has been completed, or even both ...

Also what each RNS would do to the SP.

Hopefully we'll find out soon.

Just need DQE confirmation of dates and then the SP will then start motoring way north of where it currently is.

Until that happens, all we can do is wait. Yet again ....

Hopefully not long now.

GLA

We need the RNS with confirmation of dates for DQE starting work for us to set this SP free.

The 4'000'000 trade is down as unknown on ADVFN Level 2 as well but the volume for the day is still over 28 millions buys to 25.7 million sells.

Could just be profit taking but either way, the volume of trading and buys, as well as decent sized buys is re-assuring.

I've been here since 2019 and have seen many a day when we didn't have a single trade in the past. It does feel as though things have finally changed here and major progress is finally about to happen. I won't believe it till I see it non the less.

Come on MB, give us that RNS ....

GLA

Indeed ....

Make that 23.5 million buys to just 7 million sells today. Over 2 million added right at the end.

Nice strong close going into tomorrow.

Let's hope something is brewing ....