Member Info for Cloudwatcher

Absolutely agree. Watched this last weeks activity with interest. Real news is what's needed to move this stock but when we get that news I'm confident it will move big and fast. JV or other news on Dunrobin could come anytime and will give a leg up, News on Chud probably still 12 months away but then we will see real returns. Patience is the key.

My takeaway from meeting from John Wakefield.....'years away from monetising the assets' Bottom drawer then.

Having only just seen this I can understand why the market clearly doesn't like it. I was hoping for a much longer extension. This time next year .5p or .05p? Red or black. Place your bets.

PepeM,

Like anything else the value is what someone is prepared to pay for the asset. Sadly, at present, that appears to be not very much. The sad truth is that we may find ourselves in a very weak negotiating position unless multiple bidders emerge.

You mean you want him to say something when he has nothing to say? Why? When there is news I'm sure all will be revealed.

Some much larger buys going through today. Wonder why?

and for many on this board the 3p-10p is dropping even quicker! Still holding, missed opportunity to trade, expect .5-.7 sometime in next 6 months.

Are there so many tiny trades under £50.00 on this share? Codes some-one said- Don't believe it or lots of people talking in code.

Really puzzled as to why people think this will rocket so quickly. Leaving aside Dunrobin which is the nice sideshow, t.here was a quote on here recently which to me sums up the need for patience and a bit of luck, something like Chudditch needs an exploration well drilled which MIGHT show if it's commercial, That's why I still have a 12-18 months timeframe in mind. Any offer to buy Chudditch prior to the exploration well is bound to be lowball given the risk involved. I still hold my core investment and hope the CPR at the end of the month will give us a boost and trading opportunities. If all comes good it might indeed be happy days but it aint going to happen overnight. Patience is the key

Blue finish today/ tomorrow
Gonna rocket
Etc.

I was always told it's the empty barrels that make the most noise.

and that can confirm 30 years production in advance of the first drill?

and that can confirm 30 years production in advance of the first drill?

How is this going to be confirmed in January?

How is this going to be confirmed in January?

Glad to see some-one calling it what it really is- High risk and high reward. It's certainly not what some on here are calling it, a nailed on certainty of a multi bagger. Some seem to be taking big gambles which, whilst I hope they pay off, I also hope they can afford!

To me it is clear that there is no offer expected in the short to medium term else there would have been no need for the placing. I'd now be surprised to get any offer before june '23 and don't really expect it til post April '24. No doubt in my mind that the directors were being deliberately disingenuous in the presentation sucking investors in at a higher price clearly knowing the placement was coming. All trust in the BoD evaporated. I've been a holder since the Gold oil days. Thought Z34 was the great hope then.

Ouzo, I try to keep feet on the ground. I would loved to be proved wrong about the 10p but my thoughts align more with yours. If I was offered 2p per share now I would bite the hand off that offered it. I thinl some people are discounting the 'risk; any purchaser takes. One sentence from last weeks presentation keeps repeating to me. Not an exact quote but something like... we know the gas is there and it's PROBABLY commercial.

Personally I think talk of 10p is fanciful. Even 5p would surprise me but there is still good money to be made buying at current prices.

Tuck these away for perhaps 18 months. If price drops significantly I will continue to add as and when I can. Of course further news MIGHT come anytime.

Why so many small trades where share price must have to more than double just to pay the dealing fees?