Member Info for BumblingFool

I’m not generally one to focus on individual trades but I notice a large trade yesterday has only just appeared today at midday but time stamped 16.14 yesterday. 1619949 shares. I would have thought this was beyond the reporting requirement for the trade

I’d agree overall a positive update, things are moving forward, not unreasonably slowly. I agree that it’s disappointing that submissions for permits have not all been made, and I would have liked a clearer explanation of the reason for that delay. I think the well is good news and I’m pleased to read that they have a plan B water option too.

Yip 24p is well below potential but I’d have a smile on my face with profit in my account and plenty of other opportunities out there,

Just dipped under 13p WTF

The BOD are an interesting mix of unrealistic plans and timescales, failed targets and great deal making. The have both failings and successes. The company remains debt free and fully funded undervalued and full of potential that’s why we are mostly happy and annoyed.

Looking at the planned timescales, think we will get 4 at worst. I’d be pleasantly surprised if we get more than 8!

I like this page for oil prices and related articles

https://oilprice.com/

Thanks Gerry very helpful

Your right that such trades would show as Automatic, however I don’t think that’s what ppl are referring too. Banks have trading boxes, usually LUMIX that carry out millions of trades over very short time periods. They do this using algorithms.

I guess what’s been suggested is that if a II want to take or reduce a position such boxes can be employed to trade in and out to maintain a price range will accumulating or offloading at the same time. I don’t know for sure if they work that way, I know someone who programmed them in the past so I’ll quiz him next time I see him.

Think it’s the 9th, not the 8th. I’m not convinced the impact on SP will be significant as there isn’t likely to be any surprises. Q1 figures might have more upside.

As some of you know I’ve been in and out of STOB for some time. Mostly in and current in at 212. I’ve been considering an average down but at the moment my exposure isn’t that great so I’m not overly concerned about the current SP but I would be if I committed more cash and there was greater downside. The positive here is for sure Southend which is doing well and has great potential as outlined by Gerry. The negative for me though which I’m struggling to fully grasp is Carlisle, it’s been delayed I don’t know what we have spent or what we plan to spend. It doesn’t have a major urban hub near it and I’m not convinced it’s going to be successful. Can anyone shed any light, I may have missed something

Over 69, strongest first Q since 2005. Bullish case strong just now could see 75 in q2 65 average for the year being predicted.

https://www.independent.co.uk/travel/news-and-advice/flybe-heathrow-newquay-cornwall-cancelled-flight-coach-delay-birmingham-amsterdam-a8848701.html

Yip that’s a Flybe plane being replaced by a bus!

Also easyJet warning today weighing on sector.

Think it might. Have been shorts closing that pushed this up. Above the offer. I sold out, think the fact the board is so quiet suggests most others have too.

Showers

Good luck with that

I quite agree, although I recall the net pay was very small. The N sands was a big disappointment as it had been approached with a high degree of confidence and mutch spent on civil works, Lucky AMER was not a one trick pony so has bounced back with some great deals and on going production as well as a discovery with ONGC. AMER are looking forward and working hard to build something significant here. There is a huge bonus in being fully funded from on going revenue and being debt free as it reduces downside risk to short term blips when we have a set back.

Rhodi the other drill which is being referred to Is I would assume is the N sands which were dry, the same drill made a T sand discovery which we were told would be put on test, but of which there has been no further news. We were at the time signposted that a decision on further drilling T sand target would be made in 4 weeks. My guess is the T sands suffered drop off in oil and has been swept under the carpet but we just don’t know. The N sands were a primary target and it was that failure that triggered the drop to 10p

All this anxiety about getting bought out for some figure upwards of 20p. I expect the vast majority of us have averages well below that. If we get taken out for 24p+ I’ll be up over 50%, hardly a disaster! True enough the company may have the potential to get sold for lots more if things go well but if we get sold soon, for 30% + gain so be it! Plenty of other opportunities out there.

It’s dry