Member Info for dai2belts

Some posters there, talking SBDS ;(

lol Troajan, you just want our intell ;)
Thanks
No1, lets v bite the bullet

Is that the reason for the slight rise. or is it the spread ;)

@AP, no chance of de-ramping at the moment, as you say no room ;)
Distraction techniques, they come to de-ramp only to be enticed away..

Interesting company..
They did have 49.99% in Carallian, which was sold to Shell along with the Victory gas discovery which Corallian considered to be a fully appraised commercially gas discovery requiring sub-sea development tie back for production.
179bcf 2C best, or 1,790,000,000 therm(if correct) which at £2/therm would cover the development costs, plus nuclear sub to protect against Putins sailors..
Sound like piracy to me.....

RBD, also gained
The North Sea exploration and appraisal licences, P2396, P2464, P2493, P2504 and P2605 (all at 100% working interest) and P2478, (36% working interest).

Thats a lot of financing for £24m MC company, 0.2p/share company, ??
Yet the multi-million tie-back development was let go, I question if Shell would have offered better deal
Total gross cash consideration for Corallian and its Victory licence of £32 million to an oil and gas major; with Reabold's share of net proceeds being c.£12.7 million

https://www.statista.com/statistics/1174560/average-monthly-gas-prices-uk/
https://corallian.co.uk/

I think we should try keep threads to their topics, but looking we can create a general chat group, of maybe use a neglected share or fund

@No1, lol, I see their price dropped on the 14th September, when their share of their UK off-shore licence(Victory) was acquired by shell.
First time I have looked at a seismic section and spotted the target without any help...
https://newsnreleases.com/2022/10/05/shell-signs-deal-to-acquire-corallian-energy-for-10-million/

So that leaves 3 of the 4 projects on their front page..

https://www.rathlin-energy.co.uk/
West Newton, may be challenged with planning, but that all maybe in hand, not got that far.. "No high volume hydraulic fracturing within the Bowland Shale will take place at this site."
There is a form of fracking, thats not classed as fracking, that was used to stimulate Wressle..

Looks UJO has a share in West Newton too

Well worth looking into I think...

Lol, you should'nt ask me, my skill is missing the opportunities I spot..
If its got nothing but promises, no production based income to confuse us with finances, And a big following then its got potential ;)
Its like being in a sweet shop with 10 bob...
I will have a read, but opinion is awful

@KevR, might worth reading up on RMM, and WRES, just for insight

@Scott, did you read the PESGB Review thread on this BB ?

@Kev, I doubt IOG is a pump and dump, more a dump and recovery, but to what level, 3 heads chopped..
But if there are problems on the next drill, you might be right, but that maybe enough for pull back
I thought it was pulling back for that reason, when it started dipping below 11p, but away it went,
so far 18p-> 8p-11p-13p..

I am rubbish at this game, should just flip a coin

@Scott22. lol..
QFI is amazing, seen double digit spreads, its been going since the beginning of time..lol
Selling an unwanted innovative, cleaner, greener, cheaper heavy fuel oil...always gets a life-line, made lots of poor investors.

A company thats never quite made it, and that may next year seal a deal to supply their fuel to one of largest shipping companies in the world ;) Attempt number 2 , previously Maersk

I see the spread as commission, and at other times a warning...If its too high you may get robbed twice, on the initial purchase , and when you return your shares..
On AIM its not often whats shown, but can be..And can put you to a big disadvantage..
So maybe its a secret message, suggesting to avoid that company...

The advantage of AIM is you dont pay stamp duty, and with the more liquid AIM stocks the spread can be as tight as FTSE shares.. So you can keep a little more of your profit, and/or take smaller gains, after all you pay stamp duty on your investment not your profit.. £10,000, the duty is an extra £50, so on a £500 profit that amounts to 10% of your takings, and if you scrape £100...50%
You take the risk the Gov is rewarded regardless..

Well Tai seems to be still on, so fingers crossed.
just hope this backup rig and export saga is just more waffle..

No1, Lots ;)
Well depends what it will drop back too, it was trading close to a penny september, a few days ago almost 3p..
If the MSC trial gets signed off, I expect to exceed 3p, from a penny x3, from 2p +50%..
Hoping for 1.5p...
Besides that there are trials scheduled in morocco, heavy equipment involved with mining, that requires diesel(i think).
These trials were supposed to be happening when covid struck, constant delays :(
Probably why it got to a penny,
If the trial is a success and MSC sign commercial contracts, that will open the door to other customers..
If it fails, then thats two major shipping companies turning down the product :(

RMM keeps bouncing, could have made something today, how long would it take for it to be wound up or taken over?
Might be worth checking each morning

@KevR who are you watching the most ?
Some interesting posts on RMM, a little on explorers worth more than producers. so the curve..
He1/PRD v EOG/RMM I guess
Amazing Potential v tough times, (dilution and economics)
https://g.co/finance/IOG:LON?window=1Y&comparison=LON%3ARMM%2CLON%3AHE1%2CLON%3APRD%2CLON%3AEOG

No1, QFI is one to watch, They take the ****e oil from the bottom of the barrel adds some water, a magic potion and they have heavy fuel oil for ships and power plants.. Maybe not water but its cheap..
Over the years they have had many trials, nothing..even with Maersk( trial was,nt completed) ?????
Now we have the green shipping legislations 2030, 2050 and they look like they are going to be doing trials with MSC shipping..
Both QFI and MSC have been presenting together at conventions. thats probably behind the big rise lately.. I am hoping it falls back before the trials are signed off, if they get signed but its looking very likely.. Months of speculation from that point

At No1, I am not sure why, I checked the analysts valuation, ensured it had taken into account the latest shares in issue, and based my decisions on that, 2p sounds reasonable, not 1p..
But if you look back before the raise for the drill was done the price was 1-1.5p, maybe people are looking at that..
Plus there has been nothing from EOG, nothing pushing the company, DM would be selling the fish the rig flattened as Dover sole

I was just looking at Boo, AIM so no stamp duty, and a super tight spread compared to our +5%, so only down your commissions to trade.. Say 2% to buy and sell on £1000, 0.2% on £10k
How many AIM stocks have such tight spreads, with a few percent daily movement?
After commission If you could make 1% once a week, and reinvested your winnings, you would turn £100 into £167..
1% twice a week £100 becomes £281, 3x a week £472..
Sounds so simple ;)

It looks like people are playing different with the transformational drills, getting in earlier, and leaving early ..
Loaded up for the EOG drill only for it to drop, then after the news dropped way below the brokers valuation..
So averaged down, and sitting tight for the next move up, probably after christmas if the markets start the year on a bull run. if I make 5% I will have beat anything available over the counter in just 6 months lol

@No1, I dont have BOIL, but had look to see why they moved, could initially see why, so looked deeper..
IOG just announced director dealing, seems to be ticking the boxes, of expectations

HD, 6p, wonder if it will go there again,?