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These IG charts a hit and miss, sometimes they update live, some times not.. Can run two side by side and they show different volumes for a quite a while
Old DM is using his OLD He1 lines, in his past life he was probably a used chariot seller
https://www.lse.co.uk/rns/ufo/mining-lease-granted-8211-han****-project-a81x6rysa4ca9g4.html
looks like they are selling the news, i wonder if this is what's been behind the rise
ufo, rns just in.. han**** lease
Something not right with that update ?
Last year there was that dispute over who owned the rights to the oil. T he oil naturally flowing to surface belonging to another drilling company, and bituminous non flowing oil belong to QEDs pals which I thought required steam to make it flow... It appears the current drilling phase does not have permission to steam as those permits are being applied for ?
88e having a bit of a rally after clarify how a 50 bopd rate gave only 4 barrels..
Seems risky as its still requires a farmout and another year or so for the next tests, but could it go on a run....its AIM after all
Utah was supposed to add some revenue before the latest fund raise, £1m.. so its still dependant on future happenings..
Curve ball, I don't get how they mention looking at commercial marketing to the marine sector when is that what QED have been doing for many years but needs approvals and testing....
@Swissy, Mmmmmm, still no funding....
I guess TOM needs revisiting, they have been waiting on funding, sure it relating to UTAH not having permits, maybe trying to sell drilling land with no permits...Cant remember,,,
But that could multibag if it is dependant on permits
Tell him £20k is just an initiation fee :(
Broker ratings lol
Insider trading probably fits the bill
Well the [price is not moving so the need to drill real slow, or I will be holding for results again..
Hard to tell, a full Q2 to trade, makes me think if it seems to be holding above 10p there could be a bounce and some momentum for the flippers to off load into...
Sidetrack
April
14 days
1 day drill 100m
1-2 production liner
1 day set up pump to put onto production..
What's the other 10 days?
100m section will be open for 3 days ?
Thr did it multibag back in September ?
The, did it multibag back in September ?
BCE, those low volumes and that 5bn placing keeping the price down..
But if the BOD have their sidetrack, drilling and expectations spot on, and asuming their expectations are as the PI, it should bag on results...
But if those HNW guys are holding for results they will be getting the best prices..
Hex, Anybody know which 10m block of shares Trek is referring too ?
Last two trades, I guess £10k is a PI selling and the £50k II selling as it seems very large for a buy but could be..
18-Apr-24 12:24:40 10.25 500,000 Unknown* 10.00 10.50 51.25k O
18-Apr-24 11:05:09 10.05 100,000 Unknown* 10.00 10.50 10.05k