Member Info for BumblingFool

Would be nice if they decide soon, then perf a bit more of Mariposa.

By today’s rise, looked like I might hit my break even for a while! However my gains here today managed to outdo a terrible day across my portfolio.

Really excited by today’s RNS, better than expectations and not at all priced in at current SP. If only we were debt free, had recently agreed a transformational farm out deal, had our own 100% operated producing field, a fully funded drill campaign and loads of cash in the bank.

Then we would be providing an exceptional investment opportunity!

I will be surprised if we don’t break 14 minimum, by rights this should carry us back past 20p although given past SP defying logic I’ll not hold my breath for 20 today!

720 and no drivel on this board, is it broken?

Great news!

I recon this should be finished byWednesday at the latest. So hopefully news by the end of the week or the following Monday at the latest.

On balance this is probably the most likely way this will play out although I’m not sure about a Labour win

https://www.thisismoney.co.uk/money/markets/article-6443791/Showdown-Stobart-inside-story-ugly-boardroom-battle-fought-High-Court.html

I’ve decided to ignore it. Lots good happening here at the moment. At the beginning of the week I was expecting 15p by close tomorrow. Don’t think that will happen niw but hopefully finish over 14 tomorrow. Think we might here from ONGC next week although I’d not be surprised if it’s the week after

All the links seem to work from the home page of the site. Seems legit to me

Don’t think fundamentals are the main influence here at the moment

It’s the same contract it’s actually a reduction in the award to PFC

I’m still down too! At 15p I’m back in the black though!

Definitely stalling for a bit, still very cheep though. Think we will get to 15p by the end of the week, hopefully sooner!

What news you hoping for? This is a waiting game, either we get the permits agreements and start mining or we don’t. Every step towards it helps, but SRES has history of not bringing projects to fruition. I wouldn’t expect the market to believe it till it happens, but then the rerate will be swift. There is insufficient liquidity here to attract traders so SP drift is always likely. If you believe the story then these dips are opportunity, but it’s a buy and hold with long periods where you are tied in by the spread so only put in what your happy to leave in the long game

They fall into a few groups.

1. Shorter
2. Bitter ex shareholder having badly timed entree and exit and looking for someone to blame or self justify
3. Environmental types anti oil exploration of any type
4. NIMBY
5. Potential shareholder looking for cheaper entry

They show in black when the deal is on the mid price rather than above or below which indicates as a buy or sell.

Why would you expect RNS? What do you think it might say? We have started 4, they already told us they were about to start 4 there is no need to RNS that. The next RNS will come when there is test results to report.

His holding is either insignificant by now or he hasn’t been selling