focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Looks like some interesting news could be on the way. SP looking decent given the recent fundraise, MMs have been NT to buy @ 0.75p since the 3 decent buys this morning, Bid is looking decent and if they allowed people to buy I think we could easily get back over 0.80p and onto breaking the 1p barrier
A surprisingly disappointing response, however unfortunately it coincided with the LVG deal falling through and a large seller deciding to reduce their holding giving the MMs an excuse to drop it and scare ill researched PIs. I feel the recent news on the O&G deal completion, potential reworks f O&G deal and further TR-1s should stabilise us / boost us up, ready for the next news on current O&G, new O&G and post COVID-19 Gold news. Crazily we jumped to 1.4p prior to the announcement of the LVG deal and only fell back when there was 0.80p mentioned for the funding, then the deal gets cancelled and we drop to 0.70p - Could only happen on AIM - Remember that MNRG is valued at a ridiculously low value.
A nice 1m buy @ 0.695p and then another 2m buy @ 0.695p delayed by the MMs so that it shows as a sell - Looks like the overhang is cleared from the recent seller and we can move up. I wonder if the recent TR-1s are looking to add more?
Nice update as expected - liquidity event within 12 months of the investment
All sounds good
I wonder if news is on the way as volume suddenly increased and somebody paid 1.40p for 450k when the Ask was 1.35p........
Chartwise, broken out of the pennant, next stop 1.60p - if that coincides nicely with the expected news next week, then we will smash through 1.6p and move up towards 2p and above.
Has been NT to buy most of the morning - MM should equal Market Makers, however more often than not they are Market Manipulators ! ! ! So frustrating - allow people to buy
Fill or Kill is the only way to buy shares @ 0.65p now - will either execute or the MMs will have to move the Ask to 0.70p
NT to buy anything @ 0.65p - asking 0.70p - should tick up again soon.....
MMs have gone NT to buy @ 0.55p now after that flurry of buys - looks like a swift move up underway - if the MMs allow buying that is, looks like Fill or Kill is again the only way to buy shares ! ! !
Agreed Kencarv, charts are looking very strong for a move up - Fill or Kill is the only way to buy any shares < 0.50p now
Ask moved up to 0.50p - 300k bought and now NT to buy @ 0.50p - Here we go - this moves very fast and can easily retest 1p
I wonder if he has been given the nod by one of the BOD ;-) 14.35m shares is not chump change. This really feels like it is warming up now......................
up 6.67% on low volume - MMs were NT @ 2.50p for a while - they look short - looks like a leak as that was a sudden move on low volume and charts now look very good ! ! !
MMs have finally moved the Ask up and asking for a premium for any volume over 400k shares - few more buys and this will fly
NT to buy @ 0.55p - looks like the CEO has mopped up all of the spare stock in the market ! !
https://www.londonstockexchange.com/news-article/MNRG/oil-gas-transaction-completion/14828550
Nice to see a PI taking a 3.89% stake in the business, firmly believe that this share will reward many multiples over time. Keen to hear the next project and I wonder if the LVG acquisition was shelved because a more attractive project was offered to the BOD.
Looking very strong now optimist13 and expect it to make a move very soon, moved nicely off the recent lows and it wasn't that long ago that the SP was up around the 1p mark, even a hint of good news from Acuity and this will fly, we know they have exciting news in Jan-21 and the clock is ticking