The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
"GOGL is involved in advanced detailed farm-out discussions with national and major oil companies around a farm-in to the Dido Lilo and South Samgori Areas".
Looks like they have already done their homework on these 2 areas. I don't think the market has fully understood the scope/potential of our assets yet. But I'm sure in time the size of the prize will become clearer.
I've got a feeling that this is just the start of the positive news flow. All the pieces are coming together. Onwards and upwards!
Thanks for info staypositive ! I'm sure you'll be a happy bunny at 10p :-) News has got to be due on B1 sidetrack and JSR test results any day. The wait is boring but we are all hoping it will be worthwhile . Yaaaawn.
So yesterday we had approx £15k more sells than buys and down 10% Today approx the same i£15k more buys than sells and up 2%?? So roughly even stevens over the last 2 days and yet down 8%? WTF is going on here. Maybe an update in the morning. We are supposed to be spudding WR-B1 in November.
The 1 mill and 2 mill trades today are both buys. It's just a waiting game as boring as it is. Let's see what these immediate 3 wells produce to add to our growing production numbers. Maybe that news will kick us off before the serious workovers begin.
Totally agree Rocklawn.
I'm not parting with one single share till 20p . Pat E1 gas development should see to that :-) hopefully positive flow results next week to kick start our rise. Have a good weekend all!
Just about back to the lowest SP in the history of the company. Unbelievable. Wtf is going on here. We are producing substantial revenues with now very small debt. Something stinks. We have still about £110k more buys than sells since yesterday morning yet the SP is back to where it was. Bullsh*t AIM at it's finest.
Right back to where we were yesterday morning. Yaaaaaaaaaawn
Don't they want to easily double their money?
Who the f*Ck is selling at 0.27? It just beggars belief.
It's quite comical that whoever bought at 0.32 earlier is already 20% down. Absolute joke.
"In the twelve-day period following completion of the works described above, net gas production averaged 7.9 MMscf/d and net liquids production averaged 320 bopd". Maybe someone has the time to estimate our revenue based on gas contract price and selling the surplus at market price.
Have you forget the gas??
Whenever a company announces a placing at a discount to the current price, the SP always opens at that price immediately so how come we haven't moved up to 0.45 immediately? Strange world we live in. Btw thanks Marco for your contribution to the Echo SP over the last few years!
Goza we may be diluted but it is for a reason. To get rid of a shed load of debt. Now let's get production up and increase revenue. Get Campo limite tested and finally start moving up ..
All passed. Onwards and upwards!
You don't read it correctly. 1 per cent combined. Columbia decreased and Argentina increased (where Echo is) just in case you thought we were also in Columbia!
Thursday is normally a popular day for block to release news. Maybe we will get a busy last hour after all!