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Have a look in this doc Olderwiser posted...
https://www.pantheonresources.com/index.php/investors/presentations/666-investor-presentation-april-2022/file
Page 26, 35, 39 for some idea
@Olderwiser, Not sure, 88e show two separate formations, Upper and lower SFS just as PANR do for the BBF. It is a little inconsistent if sometime PANR refer to a formation as upper and lower, and other times as just one.
My impression of PANRs SFS diagram, is that they have an interrupted hydrocarbon column, so a discovery at two different levels in the same formation, rather than upper and lower..
But you could be correct, and I wrong..
The flow test is the important result though, fingers crossed its over 100bopd, as then the horizontal stands a good chance of flowing commercial rates as its length is increased along with the number of fractured stages
@Olderwiser, .
In that document I see there is mention of an Upper and Lower formation for the BFF, but just one for the SFS ? I don't see anything to suggest PANR tested a separate upper and lower SFS.
I assumed 88e were testing only the Upper SFS because PANR had flowed the original/lower SFS, so its flow rate is unknown, and not down dip from PANR
Well can I still buy 160k max at 3.499 tomorrow, as somebody bought 140k, and the price ticked up.. So maybe the seller at 3.499 has been cleaned out... But similar happened with the 300k buy
20-Mar-24 13:38:36 3.57 30,000 Buy* 3.40 3.60 1,071 O
20-Mar-24 10:29:30 3.499 141,297 Buy* 3.40 3.50 4,944 O
20-Mar-24 08:58:40 3.425 10,513 Sell* 3.40 3.50 360.07 O
@Swissy, last placing the price fell, so the II investors had to wait..
QED has frequently rallied on speculation..
So the funding RNS says "The signature of a binding agreement between Quadrise, MSC and Cargill is expected by end of Q1 2024"
And the investor meeting just adds to that speculation ....
But "Expected" is a forward looking statement or a get out
Could this reach 1.5p, filling that gap on FOMO Friday, news speculation Monday/Tuesday,,
If the BB flaunt Monday, then people may buy Friday, Monday off-load
There was a large trade this morning, delayed print at 10:42
20-Mar-24 08:27:37 1.266 7,754,058 98.17k
Either side were these trades....nice gap to make it hard to determine..
20-Mar-24 09:31:50 1.265 100,000 Sell* 1.25 1.30 1,265
20-Mar-24 09:30:59 1.267 130,000 Sell* 1.25 1.355 1,647
20-Mar-24 09:30:34 1.2665 120,000 Sell* 1.25 1.355 1,520
.....................................................................
20-Mar-24 09:07:41 1.288 155,279 Sell* 1.23 1.355 Ignoring spread these look
20-Mar-24 09:06:09 1.288 18,672 Sell* 1.23 1.355 like two buys on price increase from 1.275p below
.......................................1.266 £98.17K.......................
20-Mar-24 08:19:18 1.275 784 Buy* 1.23 1.275
20-Mar-24 08:19:18 1.23 1,239 Sell* 1.23 1.275
I thought it was a sell, not so sure now as sells at 1.26 are not until 09:30 ???
That would be a huge buy at £98k ??
What's the thoughts
So KOD and QED are offering news speculative rise for FOMO Friday..
But QED has those placing shares, but maybe they are in tight hands ?
88e, has already done two runs to 0.36p, once from 0.24.. that's two chances at 50%
https://www.lse.co.uk/ShareChart.html?sharechart=88E&share=88-Energy
Wish I had loaded up at 0.24 as 88e has the volume to sell big, but I held the 1st rise to 0.36p, and thought the 2nd was not going to happening...
Its not easy when you play...
BCE, I think could be good, as its been pumped before and the story is still intact...
@Swissy QED pump, started by QED,
Interim RNS 18th( Boring)
On 6 February 2024, Quadrise announced the signature of a Collaboration Agreement with Cargill and MAC2. This is a critical milestone towards the production of MSAR® and bioMSAR? fuels for the Company's forthcoming vessel trials on board the MSC Leandra. """"""The signature of a binding agreement between Quadrise, MSC and Cargill is expected during the ""coming weeks"", along with associated binding agreements for toll manufacture and fuel supply."""""
Raise RNS 18th(imminent signing)
On 6 February 2024, Quadrise announced the signature of a Collaboration Agreement with Cargill and MAC2 in respect of the production of MSAR® and bioMSAR? fuels for the Company's forthcoming vessel trials on board the MSC Leandra. """""The signature of a binding agreement between Quadrise, MSC and Cargill is ""expected by end of Q1 2024 "", along with associated binding agreements for toll manufacture and fuel supply during the same period.""""""
Investor Presentation Tuesday 26th
Speculation is the agreements will be done before the presentation, and QED being funded was a requirement for those signatures
@Tro, are you still holding 88e, going for flow results ?
Must have been a lot of Alcohol in that cuppa, he has not posted since 15th,, Do you think has joined the Ukrainian Foreign Legion ?
Where's Horult, ?
HUM late RNS
https://www.lse.co.uk/rns/HUM/response-to-corica-mining-statement-tb365pzodg9yee9.html
Another rule of 3, like 3rd day
3rd sudden drop
https://invst.ly/142j2y
@Swissy, you could be right there.. speculation..
But there should be a surplus of share , like 100m, looks like the smart money is holding some, probably find our MM is the book runner who gets to comment on the RNS before release, to ensure its clear plain English ;)
Missed the HUMs 4p, had to go out, but PortfolioPowers probably timing his exit...
looks like council may have spilled weed killer across the pavement, greasy shiny liquid, under trees while every has dried after the rain.. So been washing the dogs paws thoroughly . Lady outside her house said the weed killers guys had been near there...
AIM yes,Mmmm
I have just glanced QED trades list, 1st impression its mainly selling, bid goes up and selling increases. but the bid is still increasing ?
the chart is all over the place
https://invst.ly/142gzn
Its as if there are a number of MM, with totally different ideas on the price, one is pumping, and waiting for the others to clear
Interesting, are you saying they have 27m or owe the contractor 27m ?
What's your view on QED share price movement today, it is moving up too easy, there should be a surplus of forward selling shares to hold the price down along with the delayed Christmas announcements(yet again)
20-Mar-24 08:27:37 1.266 7,754,058 Unknown* 1.265 1.30 98.17k O
https://invst.ly/142e1b
@Swissy, 250k buy at 1.4 on the chart..
Looking good for the OO as its already a discount, looking bad for my big top up
Most Vol this mornings, I think its flipped shares, looks sell to me on price at the time, some say buy?
20-Mar-24 08:27:37 1.266 7,754,058 Unknown* 1.265 1.30 98.17k O
But it was printed late, which allowed the price to continue climbing, printed with a buy trade which gets that 7m added to its volume as late prints don't get the price charted, just vol..
Then the chart shows the spread widens
QED, seemed to stall yesterday, just shifted 40m shares.. Only 18 trades by 10:52 today, and the price has climbed.. After yesterday you would think it would move side ways, must be no rush to flip those shares.....
Bid/Ask: 1.275 / 1.395