Angus Energy shows a good risk vs reward at the current 1.35p (£7.3M mcap)
Balcomme application will be handed over next week. things will kick off here from January 1st. Expect shareprice to be 5/6p by then. Saltfleetby will commence mid 2020. Again this will add value when commencing. Brockham - Either come back to the Portland and back to producing from here or a sale or farmout of this asset. This news could come anyday. Then there is the uknowns - Another asset?
So from 1.35p now i would expect a 300-400% increase in the shareprice come January 2020.
it is the online limits the mm's will give via RSP to trade electronically at any one time. It is usually an indication of demand for the share at the current price. when the buy limit is low and a couple of small buys go through the price is soon moved up. Looks like the bottom has been tested a few times and most of the selling has been finished for now and the shareprice could bounce back up.