Member Info for chrisev1

What’s going on in Aus. Now 12% down.

I was hoping for 2p at end of February, but what is going on. This share should be higher than this? Let's have something positive DW.

I agree. And also this is the last day before the weekend for the Aussie’s. I suspect the RNS could drop early next week but you don’t want to wait until then. Best get in a few days early.

I'm convinced the MM's are keeping the price down as they know what is about to happen. Very soon the price will start to rise, I believe when we get the confirmation the rig is in place and ready for spud.

I hope so, I just bought 1.1 million shares.

Anyone think today's price held up well considering the big rise yesterday?

This what MM’s do. They need the stock to move to make money. So they will take the SP down when we have good news knowing it will go up again in a few days. Don’t forget, nothing has changed with GGP.

And I wish you all the best for that. Good luck to you.

I think the same thing happened a week ago and then it took off again. After all, the SP doesn't go up (or down) the same each day. After the sharp increases recently it is expected to dip every so often. Not too worried.

The SP has gone up a lot In the last 30 days. Anyone know of any big news due in the next 30 days from GGP?

And I was going to sell about a month ago at 2p!! This is great.

Dazzle,
I have the same thought. I believe we will have a sharp spike in the share price mid/end of March for about 2 weeks. Until then the MM's will have their fun, but also have a gradual rise as some more investors come aboard (just after spud). Not much will happen until all in place.

Something seems strange here. DW only just said we are fully funded for the drill. Why should he change that within days even? A lot of you who met him in December said he seems honest. This capital raise must be for another reason. Let’s see what it is for before deciding whether it is good or bad. There are a lot of other projects going on, not just the drill. I’m going to wait for further RNS before worrying.
GLA.

Although it is difficult to work out the share price of any share a couple of months down the line, I have also noticed rise of the share price before and during the drilling in the past. Based on that, I would be disappointed if at some point the price didn’t hit 3.5/4p during spud and the first result. I would expect this to happen during mid/end March and April. After that the are too many variables but if successful maybe 7/8p and if not then back to 1p.

GLA

All enjoy the festivities tonight and be safe. Let’s hope for a good and prosperous 2020. Special good wishes to all our Australian friends.

GLA

All enjoy the festivities tonight and be safe. Let’s hope for a good and prosperous 2020. Special good wishes to all our Australian friends.

GLA

Congratulations. All the best to you and your family.

Hope you're right - that would be a nice bonus.

I really can't see the share price going much over 1p until February. Why would you invest now knowing it's going to take 3 or 4 months for results to happen. However, I believe we have a lot of oil and I can see the price rocket when the drill results are known. It's just a question whether it's commercially viable. I am waiting for a spike of 3.5p or 4p. Until then I will just sit and wait.
GLA.

I really can't see the share price going much over 2p until next summer or until the test holes are complete. Why would you invest now knowing it's going to take 6 months for results to happen. However, I believe we have a tier 1 mine and I can see the price rocket when the test results are known. Until then I will just sit and wait.
GLA.