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Great RNS, couldn't have asked for better, hopefully a more detailed analysis of the reservoirs will follow soon. This share needs updated quality and quantity estimates of the oil we have ASAP. But looking very positive indeed for the future. Hopefully the sp will start to reflect an oil discovery.
Noba ,
US markets opened 30 minutes ago mate.
Would like to see this break through .7 before end of play on Thursday.
Got a feeling we'll have a sharp rise Thursday afternoon and then a really nice rise on good news Tuesday hopefully we'll have a re-rate and end up somewhere inbetween 1 and 2 pence
For me i think they have decided not to drill kup because they are more than happy with the initial findings and believe they have a good result, drilling to 12500ft is just risk they now don't need. I don't really understand why the sp hasn't started a slow rise today i can only think its being purposely held back and at some point it'll fly. The bonus will be if the next 2 zones give encouraging signs of oil
It just can't break through 0.7, good volume so the interest is there but the sp is static. Imo i don't see us moving until the blow out preventer is in place and tested. Then i think we'll start moving in the right direction. Once we hit the smd zones i think this will fly. Fingers crossed
In extreme conditions vehicles break down so if this is even true it will have already been fixed and the convoy will already be at hickory 1 location. The next RNS will be that we are on schedule and the rig is onsite people will always jump on the de ramping bandwagon
a mixed bag RNS but there are definitely positives to be taken.
I'm happy with how it looks going forward.
When oil is higher uganda sale has been finalised and covid is under control things will look a lot brighter and the sp will be alot higher
I agree if they do not happen then this company is in trouble.
Every investment holds risk, if you can't afford to lose it don't invest it.
My point is though at 7p the potential returns are huge and really should I be shouted down for that ?
I'm in rkh with an 8p average
Well happy !!!!!!
I've never known a share be de ramped as badly as rockhopper.
I appreciate that alot of investors are in the red with this share, but at this price I believe it is an absolute bargain.
A 7p sp and you surely can't lose .
Even if you're in higher it's a chance to bring down your average.
If the stars align and nav sign, the fig sign and they win obrina mare arbitration this share will absolutely fly.
Saying this on another forum I've been hounded none stop.
Any thoughts ?
What's everyone's opinion,
I do think this share is heavily undervalued.
I'm in with a 14p average and holding but truly do not know where the sp should be.
Do we expect the share to start rising on anticipation of what news may come out on the 29th ?
Do we think we may get news on expected drilling timeframes in guyana ? Could positive news start moving us into the 40s ? Who knows,
Tullows a top company the sp should be higher imo.
If oil holds around 43 and the sale is announced then surely there will be a rise in the sp,
Hopefully after that it will keep rising or hold its price in anticipation of a good news on the 29th then we could get a nice spike and hold a better sp.
The SP will eventually rise maybe tomorrow or when they release news on the 29th.
This share is far to low it's being held back.
Good news on the 29th and I think you're going to be looking at 40p on the day. Then hopefully onwards and upwards
Tullow is a great share to be in at this price, This is a huge company at a small price.
Even without Uganda, Guyana has huge potential and we could announce drills at anytime even on a drill announcement the share will spike, we will be bringing a new well online in the Ten Feild, There could be a Kenya RNS anytime, A new CEO at the helm to give stability.
The share will rise on a Uganda sale. We have licenses not a million miles away from sealion. And alot more, The oil price is only going to go up now the world is starting to open back up. I'm in this share at 14 pence, my exit is 1 pound and I think it'll be here within 12 months, Chin up everyone this share is only going one way