Member Info for Credit_Limit

SP got to hold this.

Kenya is the big news here. Confirming a bopd, fine-tuning the detailed plan, conveying the size of the easy first oil will be to get. It is definitely in the shop window now for a partner. Rahul has worked Africa and all his quotes and RNS's have flattered the various African governments and conveyed that these projects are as much a benefit to them as TLW. With regard to Kenyan this week someone posted a link to an article that showed that all the land for the pipeline was sorted bar one tribal ground. The message to the Kenyan government is get this final piece of the jigsaw and this will fly. Hopefully like the sp. GLA.

I'm sorry to see you go NOFEAR *_* you've been a great source of knowledge on this forum. As you say - the influence of institutional shooters is a problem and one to be wary of. I've been in fettling my investment here continually as it stagnated but am hanging in at the mo. The charts looks favourable with the 50 ema over the 200 ema finally, the day MAC turned and volumes on the rise. I think this time 52p might fall. But as with all this s**t ,take it with a pinch of salt - for many times this fool and his money have been parted! I hope to catch you on another b.b. C_L

I hope you are well NOFEAR. I've been following your posts. Keep it up, it helps.
I predict it'll come back up. There is an inevitability about this rise. These last few months have been quite the chore but things feel like they are picking up.
That said I looked at the Nasdaq chart over a thirty year span last night and it looks a proper spike at the moment. I wouldn't be surprised if there was a market correction coming.

Feathering the 50ema. Crossing this would hopefully confirm a change in sentiment.

If the SP holds the 50ema could cross the 200 in the next few days. The last time the happened was back in Sept '19 and the SP went on a 25%+ run. Gold fingers crossed.

Hydro - they say beware of new highs on low volume. I imagine the converse to be true too.

I've just put thru £27k of buys and they are really making you pay over the odds. This low price is a mirage.

Can't get a price on a £15k buy at the mo.

Dear MMs, Thanks for the cheap top ups over the last few days. Nice doing business with you.

I last topped up on 24th March. WTI was fractionally over 59$. The SP at the time 20.1p. The rise of WTI to 67$ was not reflected in the share price at all. Go figure.

SP is holding steady but a finish in the mid to high 43s would defo present an improving picture. It's under the 50ema but Stoch and MAC are turning. So the jury is out on the charts but given how long the SP has been in the doldrums for me this could well be on the turn. For a while it was following the ftse but has been decoupled for a good few months so is due its day in the limelight.

Brad68 I don’t want to pick you up on your spelling but have you not been watching Line of Duty recently. Are you the inside man?

I wish all my shares would move north this slowly!

It's been a while since I posted but I'm still invested here. A little too heavily. A quick look at the chart shows we still are straddling the line between up/down - it feels like we have been fence sitting for at least three weeks - but hanging on to the uptrend started back in Nov - just. The 8ema and 50ema touching and with coming out of weak selling on the MACD, it is all finely poised. I'm hoping we're going to the upside rather than the darkside. A 44p finish will be a start.

Still above the 8ema. Still positive.

Well it is Easter.

Big day tomorrow. Can we punch through the 8ema line in to an official up trend? Finished right on it this evening. Fingers crossed for everyone.

The narrative is all about debt and (fortunately) our debt is in dollars. The US treasury and govt are printing dollars like it is going out of fashion. The debt will be getting smaller by this simple undermining of the dollar value and the respective push up in the POO as a consequence. Thank you Mr Biden. I think the purchase of GE and the new cash raise is hugely beneficial for ENQ in that it indicates ENQ is back in the growth game. Psychologically that is very important for investors. Where most companies (across all sectors) have been battening down the hatches ENQ is looking to grow. It indicates the company is in a great position. People will eventually catch on and the SP will reflect this new direction.

I've been burying my head in the sand a bit re: CPI. I took a bit out a few weeks ago (as was so heavy in the share) but added a bit today. It is possible to look at the chart favourably and argue it's just bounced off the up trend dating back to Nov. If you also look at the Jan22/25th low it was a heavy sell off and then the start of a new uptrend in to the recent highs of early March. Today and yesterday looks similar. Just looking for breaks in the cloud!