Member Info for bonker99

of a bounce c81p?

I mean it's, er, worth a look at that price - i.e. a buy, however, as alluded to on my recent (mammoth!) gold analysis, I'll be holding off gold stocks until I see what the gold price does around $1,200, if it gets there - all these goldies are going sideways for a reason ...

question time then ... So, they've bagged a sh*tpot full of oil - fab. What's the financial makeup of this crew? Do they have enough cash to get the oil out or do they need a load of wonga? Are they independent or backed by majors already etc? I ask cos it's been put to me that the SP may not hold up after the news (sell the news) and I totally get that but as there's no higher SP history here, I'm somewhat minded to think a proper rerate could be on the cards (80s???) - it would be even better if that happened without the typical cliff face drop-off as soon as the company says they need some cash before production in 2052 ala (insert your fave AIM oily here) ... So, what's the cash situation and when are these guys purported to be getting that sweet oil to the market? Cheers.

of the most challenging charts on my (formidable!) watchlist ... I can't tell whether it's going to do 13p or 29p but obviously worth a punt at 19p if it gets there ...

dithered on this fecka at 13p ffs :) 17.50p if it keeps going next week imo ..

530p ;)

at c550p methinks ...

Yes a big spread unfortunately, presumably cos the vol is so low - and yes, the counter-benefit to that is that just a few trades can really move it as I and a couple of others discovered at 120p ;)

called? ;) OK then, nice sensible gap fill Friday which, hopefully, bodes well and clears the way to my (current and first) target of c250p - bit of a key point here though at the mo as it could go back to 140s/150p but that 225p gap is begging to be filled and I'm hopeful that she'll keep going from here ...

make that c92-98p :)

me eyes on this - suspect it's about to make a jump to c98p - no promises though ;)

was the line to get back above imo so this looks alright ...

you can say for sure is that the buying has outweighed the selling and there has been some *serious* exchange of shares after the news and continuing for days now. That 51p gap is a concern but imo it's only got a couple of weeks to fill it if it's going to do it and the higher this keeps getting. the less likely it is to be filled. The other thing to note here, as I try and magic up some targets lol, is that there's absolutely no chart history here so there's no horizontal resistance to target at all, i.e. there's, literally, no knowing how high it could go cos wtf would you base it on??!! All you can say is that it seems a reasonable assumption that it will be valued "much" higher than the prevailing SP at the time of the news ............ GLA

Yes, exactly, and for a good reason ... Buy (very) late imo ............. GLA

AT buying again - that's quite some signal jumping over 64, that was quality resistance - no promises but I'm hoping it's going to lock in another, higher, channel which will put some verticality into the SP, that was the plan anyway, going ok so far! :)

7s ...

Oh yes ;)

to be a serious buyer to knock out that kind of chart resistance - assuming it holds it /keeps going ...

NOT!!!!

then - I wasn't watching this before the news so I don't know the book but it looks more "normal" today - gentle rise or gently slide would seem to the the order of the day from here ...