Member Info for cperkin

Tick up due, over full ask paid.

Much can be learned from watching the book, buys outweighed sells yesterday and the same again today, but manipulative trades in place to keep the price down.

12-May-21 09:16:08 1.15 350 Sell* 1.15 1.20 4.03
12-May-21 09:16:08 1.15 115 Sell* 1.15 1.20 1.32 O
2-May-21 09:16:08 1.15 50 Sell* 1.15 1.20 0.58 O

And yesterdays efforts
11-May-21 08:43:13 1.25 140 Sell* 1.25 1.30 1.75 O
11-May-21 08:43:13 1.25 820 Sell* 1.25 1.30 10.25 O
11-May-21 08:43:13 1.25 1,913 Sell* 1.25 1.30 23.91
11-May-21 08:43:13 1.25 180 Sell* 1.25 1.30 2.25 O
11-May-21 11:06:35 1.20 242 Sell* 1.20 1.30 2.90

Not you is it Caddy? ;0)

End H1 fast approaches and as posted many times before, if no "Sensible Ruvuma offer" by end H1 then lets hold for the huge CH1 drill.

They will for sure keep the 1 million options but I have no idea how much of the 21 million shares they will keep, not a great deal I wouldn't have thought, depends on if they have made enough to fund what they see in front of them I suppose?

I wonder if the BOD are still off loading?

Really, try reading the L2 book at the time.

Some big buys going through now & big volumes again.

Seriously, it's a tiny amount V the volume trading. The warrants volume was traded in value well within the first 40 minutes.

Swallowed, gone, tiny.

Great news about Total in Tanzania this weekend along with the export gas pipeline from Tanzania to Kenya, SCIRS 2 commercial production wells waiting along with a 3rd drill post H2 3D.

Well good luck with your target Colin, I seem to remember you sold the day before it went up 50% last time, maybe this time you will have better luck? Although I think the boat might have already left the dock, even if it's not fully underway yet so maybe not too late.

Don't take your wrong valuation predictions for HE1 personally Colin, it's generally a fools game on AIM to use FTSE 100 type valuation methods at this end of the market

The BOD seem to have done well with HE1, depending on how much they still hold come drilling. Like I said last week, no issue with these guys monetising legacy assets, it's how they spend it that has been the issue.

Ruvuma has significant upside potential and is already discovered and appraised and it seems they have money for this years budget, 2022 is unknown, I grant you.

Have fun!

Well based on your other recent calculations of "fair value! Colin and your sell call with HE1 @7p per share and now 19.5p on the ask, I have to assume I should use a similar multiplier to your £5million, so around 2 to 3p per share or £10 to £20 million?

The apparently manipulative sells yesterday were laughable & a very similar pattern appeared at SCIR. Note the last column is pounds and pence....
06-May-21 16:14:47 0.70 2,835 Sell* 0.70 0.75 19.85 O
06-May-21 16:14:47 0.70 2,500 Sell* 0.70 0.75 17.50 O
06-May-21 16:14:47 0.70 300 Sell* 0.70 0.75 2.10 O
06-May-21 16:14:47 0.70 225 Sell* 0.70 0.75 1.58 O
06-May-21 16:14:47 0.70 285 Sell* 0.70 0.75 2.00 O
06-May-21 16:14:47 0.70 395 Sell* 0.70 0.75 2.77 O
06-May-21 16:14:47 0.70 123 Sell* 0.70 0.75 0.86 O
06-May-21 16:14:47 0.70 285 Sell* 0.70 0.75 2.00 O
06-May-21 16:14:47 0.70 2,025 Sell* 0.70 0.75 14.18 O
06-May-21 16:14:47 0.70 1,000 Sell* 0.70 0.75 7.00 O
06-May-21 11:19:44 0.75 500 Sell* 0.75 0.80 3.75 O

Certainly been some Chunky sell trades post SCIR's TR-1 with values such as £250,000 the other day.

Drill bit will be doing the talking there soon, hope it pans out for all the investors with a first drill discovery, all bets will be off in terms of where the SP would land.

Have a nice weekend all!

Most welcome Pelle, this quote caught my eye in the New Scientist of all places.

Selling NFT's via a blockchain network called #Tezos #XTZ

"It works absolutely great, there is no reason to remain on Ethereum. The big money is going to come where the artists are"

Lermercier

Going through at full ask, tick up due.

SCIR already have the cash or near term equivalents for the 2021 budget, their HE1 shares they have been selling were worth more than the 2021 budget alone, never mind the Loan facility they also have available.

Take a look at Tezos (XTZ) the best way to buy NFT's, the Artists preferred way to sell because its almost carbon neutral compared with BTC or ETH. BTC currently generates the same CO2 as a country like Finland. (sorry for what seems an ironic concern on an O&G stock) but I think it will do well.

They will need to inform SCIR when they have a cash call. Interestingly SCIR have been converting assets to cash either due to a cash call or at least in preparation.

H2 not far off now.

Guess many have their positions sorted for the drilling and hope have profited along the way.

Nitty gritty time fast approaches and the drill bit gets to do the talking, I for one am comfortable with my position going into the drill. A good presentation today and a nice stacked target for exploration drill #1 out of 3 or 4