Member Info for DanBrown83

bid and ask both just jumped

it will give some idea as you will be able to judge the increase in turnover, we will also see what funds were left in cash too
they are the only two worthwhile figures i will be looking at, there are others in terms of the debt situation but less relevant in a takeover bid

looks like that DIP was done by MM's to allow some decent buys at 0.3
hopefully brakes off

that initially went from under 1p to 3p, then to 6p+ (so 6 bagged)
BPC were and are in a lot worse situation as there resource is in the middle of nowhere with no infrastructure and hasn't been tested - we are located next to a major pipeline, have wells currently producing, OPEX are very low and we have a huge reserve, were a lot safer for a major to invest in

seeing it from 0.6p to 0.2p, i wouldn't mind seeing a takeover from one party at 4p - thats enough for a new house for me

$400m+ spent on this project to date, that is circa 2p a share and that’s got to be the basis for a low low ball offer

Dropped it for a trigger of stop losses and cheap shares, this can’t be down today with potential takeover talks

I dont think so, if I see two exact trades like that my gut says day trader, probably happy with £175 and will have bought something else straight after, I think the big sells are from the investor who was locked in for 6 months, they can’t be happy and probably think a loss is a loss and just getting some funds back

I think that’s just a guy having a good quick punt, think he should have held as price ticking up nicely now

The drop was played I think just for delist news, having a share of a company based in uk delist there are simple options but this in Asia and how could you earn a penny selling these if they delist

I thought October would be better for meeting too, we would have interims and an idea how much revenue that train load of oil generated

Fact it’s trying to delist again shows the intent, I did say once accounts were released fair value for a loss making share with cash was 3p, I upped it from 2p from pre-accounts until I could understand the position post sale better, it was very clouded and I think giving bonuses to staff who took the company from a profitable developer to a nearly bankrupt property investor was ridiculous, longvway to go to see much capital growth and bod still not got a forward thinking plan

Think this seller is doing my head in but it don’t need reporting every trade

ZAZA's not bothered about day to day SP, he will be looking at the bigger picture, the long term goal
It is very difficult to watch this - it hurts
I have read and re-read RNS's and listened to podcasts, i actually do think that T39 and Dino-2 have been revisited to add in the extra zones and are in the testing process, that was the plan, there are snippets in there that make me believe this, i think it may be October before we get a big update, all 3 wells and mobilisation for JV Well, i keep asking myself why wasn't JV well done asap and my only answer is that we knew we would be still working on the current wells in stages to bring to fruition.

If we have 1000bopd by 31st Dec 2018, the SP will be a lot higher than it is today - and all the facts in RNS's lead me to believe we will get this and probably more

thats from a month ago - i hope that means they have added the other zones and re-started testing all zones together - would seem to fit with expected timescales originally given and why we have had no updated RNS

TBH - it hasn't taken much to drop or raise the price from these levels
just need that one good RNS and things will look a lot better

so its still just a request for arbitration - nothing more at this stage

may see my 11p next week at this rate
some news afoot? - has there been an oil leak :)

PDR - Permitted Development Rights

not seen your response Vinny (i am at work) - just saying most conversions of that type now fall under PD but i'm not an architect and i don't have the exact details of your conversion, my thoughts are to avoid architects wherever possible.
Architects are way too expensive in my opinion, some of the fees i have seen quoted on simple developments is excruciating, makes me look cheap
Hope the Development goes well