Member Info for dai2belts

Orr, have lithium, or so they say, Primarily Gold, the Lithium a late mention, could be jam..

I have forgotten why I posted Orr here, all I can remember is 2024..

Its spike twice now off 0.11/0.12, funding an issue, upside deemed massive

Talk of New Gold District, and recently the mention of lithium,

Unusual trade prints, too many unknowns, 2 you would expect to be buys, 1 a sell.

The others smack on the mid.. 6x 1,000,000

Unknowns make up 10,840,464, of the days volume 19,608,445..

Vol. Sold 3,806,148

Sold Value £37.40k

Vol. Bought 4,961,833

Bought Value £50.94k

So, price was kept flat all day closed on open Mmmmmmmmmm

We have 6x1M trades, if part of a buy order being filled the MM would need to keep the bid below 1p until filled, and did so..

Could have dropped both Bid/Ask, but 6x1m, plus 4.96 prints recorded as buys suggest strong demand...so not so easy..

If it was a sell order, then the higher the Ask the more they make filling it...

Thursday, same bid/Ash all day, same as Friday..

But looks like buys below the Mid most of the day, probably 0.985

Wed, trading tight either side of 1p

You have my luck

UKOG, might get a spike,

https://www.wealdactiongroup.org.uk/2023/02/wag-welcomes-groundbreaking-development-in-horse-hill-case/

Lol, I like to confuse people, Feb was to date, so from 1st oil until present...

I think its about $500k a month, guesstimate, with no tax to pay at the moment, and no debt, estimated £5m in bank..

I was using 50/50, too

For in head calculations, but when I thought I had better set my breakeven price I come up with £2.38.

I think I worked it out I needed to buy my 500 pre-consolidation at about £2.07 to breakeven at roughly fridays price £1.98

Aminex, 1p, big volume friday for price not to move ??? see the crosses, where close=open price

https://invst.ly/10779x

Worth reading, still got to November to drill, according to last years date...

Maybe 20-30%

Not sure about even, it all depends..

lets assume you own 500 shares, paid 225p each, total £1125

So 110p +115p split

But after consolidation you end up with £575(500 x 115). and 235 shares.

So breakeven share price is (1125-575)/235=234p,

Pre-consolidation 500 shares at 207p, would be about even today, at 196p

Got caught with that Divi, consolidation because although we maintained the same proportion of shares they gave back less than half.. Initially it sounded a 50% div for half your shares..

I paid 223p so 115p div is +50%, but post consolidation breakeven is 238p

I had 500 @ a cost of £1134, paid 2.268 with costs

Now have Divi £575, and 235 shares

So now need a share price of (1134-575)/235=£2.38

Only another 40p to go or 20%

Should have been a dentist, you have teeth, probably..

https://www.youtube.com/watch?v=60NSM_EHmuw

EOG, sellers in at 1.41 and down to 1.35p,

déjà vu

https://invst.ly/1071ii

Easy to see in the print, sellers dont pile in, waiting on buys to strengthen the price a little

https://www.lse.co.uk/ShareTrades.html?shareprice=EOG&share=Europa-Oilgas

The ceiling will probably have to be raised as they need to pay their debt(bonds) if they want to carry on borrowing..

The US markets may become volatile, and the traders make good returns out of the panic pushed in the media(probably II analyst reports swaying to and fro)

Pump its going be raised, dump its not , pump it is and dump before the final pump before the good news, ceiling raised

Something like this happened in 2021

https://invst.ly/10716p

https://www.investopedia.com/dec-3-2021-debt-ceiling-deadline-looms-5211014

Did'nt this play out recently, Sept/Oct 2021

Divi paid £575 as Horult suggested..

Interesting, paying above price for buyback..

I wonder why the buy back average is above the average for the day?

May 25th

Shares purchased: 175,628

Lowest price paid per share: 193.80 pence( low of the day 194.0 ?)

Highest price paid per share: 197.00 pence

Average price paid per share: 196.29 pence

https://invst.ly/1070l4

Possible 1000 bbls/d from tie in the EOG

But Tuesday somebody was confident, could be Mike after becoming COO ;)

23-May-23 15:19:20 7.20 1,000,000 Unknown* 6.80 7.20 72.00k O

23-May-23 15:19:14 7.10 1,000,000 Unknown* 6.80 7.20 71.00k O

Thanks both...

Just need Ryan to win the Euro Millions and retire :)

The 2.6p valuation in the video, is that just on Wressle ?

Still below placing price, new low first thing before recovering

https://invst.ly/106-2-

26/05/2023 0.0485 0.0473 0.0488 0.0453 211.42M 0.00%

25/05/2023 0.0485 0.0505 0.0513 0.0471 229.06M -3.96%

24/05/2023 0.0505 0.0510 0.0517 0.0500 183.89M -0.98%

23/05/2023 0.0510 0.0525 0.0540 0.0504 401.33M -2.86%

22/05/2023 0.0525 0.0515 0.0540 0.0515 199.24M +1.94%

19/05/2023 0.0515 0.0510 0.0530 0.0507 447.89M +0.98%

18/05/2023 0.0510 0.0525 0.0550 0.0503 595.30M -2.86%

17/05/2023 0.0525 0.0525 0.0550 0.0500 937.62M -0.94%

16/05/2023 0.0530 0.0475 0.0540 0.0500 1.61B -53.91%

Interesting posts today, talking x10 2024

Buying EOG at a penny would have been a nice earner, 30% a few times a year..

Hard to work out if this is a blip, or more.. should have sold at 1.35 every time so far, and would have turned to profit , MMMMmmm

Debt free, and no tax to pay at the moment, I guess thanks to Serenity..

No need for any fund raises..estimating $4.2M FCF end of 2023,

https://www.youtube.com/watch?v=9P5QE00-fjw

Interesting now news rise, suspect takeover speculation..

EDR, which owns 30% of the Wressle oil field has been made an offer, EOG 30% too..

Wressle being touted as have a long life, with UJO claiming it had produced $13m revenues Feb, so I guess about $9.75m to EOG, with just a £11m MC..