Member Info for Brentw1

Totally agree Kaeran.

Some of the observations on here this morning made me wonder if I was watching the same interview, reading the same RNS and tweet. The reaction with the sp this morning is not untypical for a low liquidity share of this nature with a disproportionate number of traders.

Do I like what happened? No.

Am I concerned? No.

As a LTH, I was delighted with the news this morning and do not see anything that would delay production and revenue generation. Anyway, still looking forward to Inez proving to be as good as Linda when the top interval is perforated and the reserves updated. In the meantime, I did take advantage of someone's stop loss this morning! Apologies if it was yours!

I think that some traders selling dropped the price and that may have triggered a load of stop losses. SL's are not a good idea if they are too tight on a share with limited liquidity. I think this might surprise a few people by the end of the day.

I think there was an expectation that both intervals would be perforated but there is no bad news and nothing that would delay production in any way. In fact, the results from just one third of the intervals is fantastic confirmation of the size of the resources in the south done. All good for me!

Thanks deep. I was struggling to do it on the phone.

New tweet……….we have a posh new shed.

If they are getting those flow rates from 55ft, there’s another 100ft or so still to perforate. That may make Inez comparable with Linda. Brilliant news.

PI, is t too much to ask if you could post just one relevant and useful comment on here?

I might even dip a toe in the water here after ALL the CLN's have gone. Judging by the impact that they have had so far, should be able to pick up a million shares for a grand.

No.................pretty unlikely at this stage PI.

Chill, you have zero patience.

Beesty, he's a trader. Plain and simple.

I think you are spot on Trek. £100m MCap just over 50p which is not a million miles off with the right Inez news imo.

Now there's a polarising view................Troajan's bottom (LMAO?).

Given that we are all waiting patiently for news (well, probably a few who are not that patient!), I personally find it helpful to remind myself what we have here.

Two things re-assure me hugely here. First is the investment from Drachs, which despite resulting in an increase in shares, led to a rise in the SP. One or two people at the time commented that they had never seen that happen which in itself is remarkable. Drachs are no fools and do not appear to be interested in the short term. I can't think of a better investor.

Second for me is the people involved (especially Bo) who have played as straight a bat as is possible in my opinion. I know we are slightly past early dates indicated for production, but many things outside Hex's control are at play here with delivery of equipment etc.

All of this is supported by the fact that there are three wells ready to plug into a plant that is very close. No results being waited for, ready to go and produce revenue even in the very, very unlikely event that Inez is not what we would hope for. Talking of Inez, risk for me virtually zero and I believe that we would know by now if there was an issue. Similar wireline to Linda, same formation not that far away and with the potential to book much more in the way of reserves.

Volumes of trades have been very low for a couple of weeks now so we have seen a bit of drift as people who are perhaps not as well researched as some of the LTH's here are sitting on the fence. That just says to me that when this gets positive news, things may get quite exciting!

Anyway, the usual caveats and only my opinion. GLA.

Despite BBobert's desperate new account postings................tumbleweed.........................gently rolling past.....................no trades......................no interest...........................what a surprise.

Troajan, if you have not come across Bagzzz's book before I can really recommend it.

'TA and trading for beginners; a for Dummies production written by Dummies for Dummies'

Not really fascinating Bagzzz.................I think you are half-way through Chapter 7 "Subtle de-ramping for beginners".

It's so transparent its funny................lol

It's not quite as bad on this board tbf but some boards are unbelievable.

I think a lot of people are chatting and posting elsewhere Reddingtonr.

Fed up with the traders and the trolls which seem to infest LSE.................

Big buys?????? you are jesting of course Toffers........................small beer trades, hardly 'mopping up the shares'.

This has become traders only territory and any LTH's are going to have to wait years for any revenue here....... and that's going to be after the further carnage that the remaining CLN's are going to cause.

I actually think that we would know by now if flows were an issue so my money is on them still awaiting assay results, and I don't see any red flags on that front with the wireline logs and stated similarity to previous logs from Linda. Also bar in mind that MOnday was a holiday in the US.

I also doubt that Drachs are sitting there wringing their hands and chewing their fingernails! For goodness sake have a little patience folks!