Member Info for BTFATH1

Krakenoil I could not agree anymore enquest is mega undervalued

480 million in capital expenditure 2.8 billion of debt is a write down of 1.5 billion anyone that thinks this is a decent update might need to read it again.
Surely in time if oil stays at 65 they will add on the 1.5 billion on the balance sheet.

Might have a quick trade if it hits sub 40

Mark Simmonds, who joined the company last month and previously was a minister in the U.K. Foreign Office when David Cameron was prime minister, will lead the investigation alongside Tony Hawkins, who is chief executive of another U.K.-listed oil firm, Columbus Energy

Worst case they sell off their 17% stake if funding does not happen which it will.

I think you might have missed your chance this will bounce back to 3.4p minimum tomorrow. 12 million mc with 200 million in net assets.

64.84 dollars dyor it’s now the same valuation as some cash shells.

What the Brent price again, 12 million for those assets is beyond lunacy even if it is a volatile share.

Averaging 2.56 should see a very nice bounce tomorrow imo. It always ends up on the intra day low at 4:30pm

At the bell, 30% bounce plus with ease. Risky but now a takeover target 12 million mc with 180 million of assets

Got to be done :-)

Madness and like something you see off facejacker.
Long term holders must be furious 184 million quid of funding for a 600k up front fee wtaf

But reset at 2.46p

How often do intra day tanking shares finish around the lows at 4:30pm. They need 38 million dollars for the next stage of their drilling which is 2022.

Don’t get me wrong I’m in for a quick bounce trade but it’s not one for the faint hearted

Million I meant - juggling work :-)

Mc nearly tried to buy another 100,000 shares a few moments ago and it won’t even let me have 15,000.
Boy this looks primed for a rise above 1p

Unbelievable price thank you market mafia

They owe 38 million dollars for their drilling operations and have 2.7 million in cash.
I have reset it for 2.55 for a 2k trade.

Only for the brave this one imo

Only a quick trade and with 2k as it is still highly risky. reading the rns a few more times I think a placing is imminent.

very well sunshine I see you are still your happy chirpy
self :-))))(

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How did they drop it to 0.72p expecting a try on 0.90 later 3.5 million is farcical