Member Info for bluemoon71

There was something afoot yesterday. Couldnt buy 10,000 but at same time was offered at bid price when i offered to sell 100,000. Someone wanted shares

Not given up hope yet....another 100k(45+55)at 29p avg although not showing on trades here

Report on Advfn of drill problem, dont know if anything in it but someone's reacted by selling

Haha, that was good timing

Could be IE4 spudded but not sure why it would cause the rise as it is expected any day soon

Something afoot? Pleasant rise

Who isnt nervous at this low price? My main concern was time, cash burn and another call for cash. Current strategy seems to be managing all these well so post the call im less nervous than i was before. Value is there, time is potentially the enemy but if they can match investment income to g&a thats a plus for me and will continue to hold.

Irrespective of content of such calls, was pleasing to have leadership team who understand importance of speaking directly to investors on a regular basis

Positive call i think overall. Investing minimum of cash(c$19mm) to provide income to cover g&a, on track for 2019. Upside to 1.1 tcf expected but not full 0.7. Does seem getting to 2tcf or thereabouts important for fid, anyone else take that read? Strategy to take cash burn off table so can monetise in whatever timeline seems sensible and on track.

Im listening it started on time

We're off

RNS was quite clear, " did not make additional commercial discovery: Well to be plugged and abandoned" Why say those 2 statements if anything possible to come out of 310 find? No find at IM6 alone shouldn't reflect sp where it is. More worringly market seems to be pricing sp as if fid wont happen anytime soon. Big telecon tomorrow, hopefully more answers than further uncertainty

Thanks Marmited, was aware of this but cant find anything about what the final go ahead is contingent on regards volumes Tuesday call may enlighten, cheers

Lots of chat(and comfort being taken) about Blvn share value of Etinde and how this relates to SP when added to cash. BUT key risk here i guess is, is there sufficient gas/condensare already found to go for FID or do we need more? If latter, then if IE4 draws a blank theyll need more drills for which Blvn isnt carried. Big telecall on Tuesday if this is the case. Any views?

I had hoped that COC were the pros!

Interesting, put large amount bought yesterday at 27 on limit sale at 31.25 and within 2 minutes large sells went through to drop price. Coincidence?

2 possible reasons. They need the time to finalise log analysis so can give definitive volumes or they want 4 days negotiating with new age,lukoil on a buy out price. From here a quick 45p would be tempting for most i suggest

Well COC are underwater at current price so hopefully their next step is to solve that little problem first

Agree 1msn. Nothing additional, which is disappointing and may lead to negative sp response, but Etinde still commercial and we have 25%. Never easy following Bow!

All possible reasons but i dont think they relate to 15% drop on such small volume. Manipulation for me by MM. Time and a few rns may enlighten. If nothing else dont see why company wouldnt say they know of no reason for large fall.