Member Info for bobbbyrash

false spread all day, totally corrupt if you ask me. the recent 12.18 trades are buys, just did a dummy buy. so it looks like 95% sells all day when probably 50-50... might as well state buy price at 50p and sell at 2p. what is so difficult about showing correct share price. ?? positive rns this morning so nice not to see 20% drop.... joke market makers... september will be better. plenty good news flow to come now.

I only watched a presentation from Fiona yesterday where she said EMS was worth 100 million NPV to Echo (only talking about Springhill what was in CPR) because this was before it was drilled so while Fraction D is a disappointment it is only small fry. Frac C seems to have a lot more potential and if these 2 wells test positively then I look forward to the forward work programme to release the roughly 300bcf that they think they have over Frac C. Don't forget ELM should flow after fracking and the 'Los Joaqines' well that they substituted might be drilled next in same structure so that is de-risked. we have a lot of 3D seismic to come on Frac C ! we are just unlucky to have 2 disappointing rns's in a row. I think its time for the good news to start flowing and the potential to be released here.

agree with everything you say grippa about the echo team but are you honestly trying to say that we will only be 25p (100 mill market cap) after ELM proves up and EMS tests commercially ? the springhill alone in EMS is worth about 100 million to Echo plus Tobifera monster. if that tests on a large scale and opens up the area like they seem excited about I am fully expecting 50p minimum. basic logic must mean 200 mill + market cap min if EMS comes in.... COME ON ECHO we need some good news soon :-) roll on successful work overs!

i read you had nice profit on AST, I'm in that too but still down... but good times are coming ;-)

i suggest also that todays fall has been overdone AGAIN !!

also don't forget everything in CPR was based on 45 dollar oil I think. now over 70 so its all good news. just a small stumble but I don't like people buying in lower than me after being in for a year

about 25 million pound cash in the bank approx... plus the full seismic paid for or budgeted for (correct Marky) and the Bolivia seismic info which must be worth a few quid. i would say updates every 2 weeks now on completion... then ELM is probably worth 25 million approx with the 8m pay... so way undervalued me thinks ;-) just wish i could have topped up today

i will post it if i find it, i have watched all the interviews and presentations multiple times. i heard it on one of them...

lets face it Fiona said in previous interview she hoped/expected 2 wells from 4 to come in. with ELM and EMS I think we can all agree its still all to play for and I'm sure we would all be ecstatic if these 2 wells were commercial. forget the other 2, move on , there are bigger fish to fry. I'm not here to make 10% I'm here for 500%

totally agree minermate. 3 successful workovers in next 6 weeks, increase production, frack ELM and get it producing a handsome amount to pay the bills :-) then LA BOMBA blows them all away and blows this pittance of a share price out of the water, we will be laughing at todays events in a few months.. I'm still totally confident... just AIM makes me angry but it will also be my saviour !!! GLA and TAPI is getting closer by the week

me too metro! all funds used up between 11.7 and 18p previously... there is NO WAY that success of this well had been priced in at all so all this drop does is allow others to get in on the cheap. it's disgusting.. forgetting the work overs and ELM (which should all be positive shortly) lets see if EMS tests successfully and if only the springhill was worth between 60 million and 100 million to echo then we have a nice section worth say 200 million to echo from the tobifera, lets see the day the RNS is released if the share price jumps to 50p plus (its only fair when results come in to achieve a realistic market cap) if these disgusting games are being played now with 2 x 20% drops for not good but not disastrous news on small wells.... time will tell. I'm still hoping for a very happy christmas then AIM can go f*ck itself once and for all. GLA

and don't forget at the moment we have still about half our market cap in cash so all our assets and bolivia seismic (which shows apparently a good structure) and all the knowledge we have to date about the other licences and potential amounts of oil and gas in place is valued at about 30million by the market? crazy I think . another thing I find crazy is whoever is selling now at this price and with so much transformational news around the corner. but each to their own, as i have said this next test result is important not just for the gas and the success of Frac D but for the belief that everything else will come good and we are on to a winner here. excellent board, excellent results so far (considering its a new play type) and excellent growth to come IMO :-)

well said Apache, we are back to similar market cap from start of the year, after the successful workovers and 3.5 successful drills. if no positive results are priced in yet then if these next 3 tests confirm what we all hope I'm expecting over 200million market cap. EMS alone best case (springhill was worth 100mill net to echo approx. plus the Tobifera 120metre min! expecting HUGE rerate if tests prove commercial

"For comparison, the Laguna Maria well, located around 18km from EMS-1001, tested a 4m interval in the Tobifera at 300bopd in 2016".
Is it too simple to work out if we have 120m net pay from EMS and it flows beautiful light oil that we could be producing 30 times the amount than that from Laguna Maria so 300bopd x 30 = 9000bopd? any wiser man than me please help. I know it sounds crazy but how does the maths work here.

just for info. i just did a dummy buy at 13.98 so the first "sell" at 13.98 at 8am is actually a buy. dodgy mm's again trying to trick us and make us think people are selling... unbelievable!

I'm hoping my Echo beach ain't so far away ...ahhhhhh dreams, the only thing that helps me pass the time is dreaming of visiting the Ferrari garage :-))

maybe the 70k buy is expecting it to drop to 11p NOT . COME ON ECHO lets move back up where we belong. this drop has been overdone

as a heavily invested LTH , I could have traded this share countless times and been far better off but decided to hold as after all the good news flow I fully expected to be in the 20's pending the results, how we can be back down at these prices after all the positive results so far is beyond me, surely after positive EMS results we have to be up to 50p if they confirm huge find and commercial... I look the other day and 1TCF of gas equates appraise to 170million barrels of oil which equals about $500 million net to Echo so work the share price out accordingly.... its all a waiting game

i think and hope it will come back as i want to get back in :-) but who knows in this wild west called AIM, it follows no logic whatsoever

lets not forget that Tapi Aike is the lowest risk possible for drilling according to all the presentations, trap, source, seal etc all present, just the deliverability to test so when Tapi comes along surely it must have the best chance of success that and drill ever attempted :-) IMO