Member Info for burnemc

We will probably see this to Permit then we should see huge upsides up to drill date. Good opportunity this as it was last year with timing being critical for entry, addition and potential exit

On track it claims!!!

Now we move again. Need the Permit to really cement this movement north...

What a surprise - the only losers here at this current time are the weak SELLERS. Patiently waiting here - you can imagine how this will increase once a permit arrives and I cannot see any reason why it would not.

Those in the know - are you for real - they have been spooked that's all and are weak Sellers - that is fine takes all sorts - I am buying more at this price....

take 2 million off me at 0.52p

it's starting to move - thank God...

Going in the right direction after months of dropping - we now await news and positive PR

Good find for those who are considering investing in ECHO and for those invested as a reminder that there is still an opportunity here - hope PR in 2022 will be better than 21.

God knows......

Agree Eats - buy on the way down if you believe in the fundamentals - if you don't then why stay here - we know that positive news will drive this - look at where we are currently in terms of the new COVID fear and ask yourself why oil and stocks are going down a little whilst we try to ascertain more info on this variant - this will re-rate as producing and $7 million MCAP is ridiculous.....

You ever wondered why there are so few of us commenting on this share anymore? Answer: it is for kids and in the words of Dragons Den, “I’m out” - there are other more insightful forums where honest debate and observations are accepted.

Seems some are invested and have lost big time and are bitter and others who only see the good - there are 2 sides to every coin!

I now have 6 million shares at 0.67 so think I will be ok for a profit at some stage and I will buy another 3-4 million at end of month but these are my decisions and the ramblings of a strange self interested group on here will not sway my investment decisions so see you all on the other side and I wish you all good luck with your strategies……be kind to each other we are all human after all!!!!

in terms of support level it has found it Goza - with news this will creep up now - nothing really to stop it unless there is bad news on wells reopening...all fundamentals are there and a good tailwind - all in my opinion obviously.

good luck mate I have a sizeable shareholding here too and it was obvious that there was a good buyer this week - let's hold and wait shall we and enjoy the rewards together regardless of what some would like you to believe who cannot get over the past and are not looking at the fundamentals playing out here in this turnaround business. As I have said before i am more confident that this will rerate than anything I have owned before there is a huge tailwind and we will see it move from these levels soon then we will both be in profit - I am at just over 0.70 average.....Good luck!

Agree

agree it cannot go under the radar - after all are we not looking for Institutional investors too.....

As someone who runs a $40 million business in EMEA in this space let me hazard a guess with my MD hat on and by the way I have 5.5 million shares in this so I am invested but I do take your point and this is how I rationalise but I do see good upside as fundamentals are good and improving here:
- History has not been positive in this company and there are probably some investors who have read, digested and probably thought it is not for them
- MH is still in a turnaround position and some potential investors will probably want to see more wells opened and actual output before diving in
- The PR around this company has been very poor and IMO continues to be so - they need to articulate the strategy and tell the story of the journey and that is not an investor presentation on an average website
- Some may be waiting to try and achieve lower entry levels although there does seem to be good support at this level currently
- Some will be worried by the debt being kicked down the road until 2025 and will want to see overtures around how they propose to pay this back - I do think it was the right decision though and a coup for MH here

There are some other reasons but shares are popular for different reasons - we are producing and generating cash and yet little interest currently - look at 88E and UKOG for 2 companies that generate huge interest but for years have not produced a viable drop of oil - strange thing this AIM and we cant all back winners but for me this is as sure as I will get that I will generate a return on my 0.70 average and I will get out (probably too early) but I have my exit strategy - everyone is different and you are right to challenge Util 1 - We can only make decisions for ourselves but I wish everyone good luck with their investment here and their strategy....

Things starting?

still mopping up all the SELLS.....I wonder why???

If you think I will be here until 2025 then you are wrong - I will pick (as most will) a suitable target figure to sell on - never been in a share for 4 years - if it gets to 2p on my 5 million then I am out so restructuring the debt has done us short to medium termer shareholders a favour, as this will re-rate and we can then move on....apologies I speak for myself but sure others may be thinking the same....