Member Info for DanBrown83

Do i chance a Short soon - i have never done it before Placing coming - cant be anymore than 0.03p this happened last year - rose from 0.06 to 0.13 before a Placing RNS at 0.045 was issued intraday

for every 50 of these type of companies that come onto the market, 45 will fail, 4 will have a sustained growth, 1 will go big When they go big,, i mean really big could this be the one?

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=HER&ArticleCode=brld51ui&ArticleHeadline=Drawdown_of_US300000_in_Convertible_Notes

Of course thee is a placing it has been stated quite openly by BOD Working Capital The funding provided under this convertible note facility will provide the Company with sufficient funds through to approximately the end of May 2018. Think some should get facts right here

i see this been less than 0.03p when placing is announced

on £1,800 think we might see the Placing details

Something happening - 0.045p paid

sorry - there was a £1k trade

Big Volume??? No trade over £500's worth its not like someone has bought £10k worth The SP dropped last week on low volume and it has risen on low volume - will need decent volume to counter the sells from 0.06p down

Wonder if the Placing RNS is going to land this afternoon did this last year - rose in AM to 0.13p to then announce a placing at 0.045p Near Term SP will be reflected in the Placing Terms i feel

as soon as Mr �3m seller stopped yesterday afternoon it rose maybe the market knew it was stopping and therefore rose the price to make max returns, buying pressure has been strong since then and it did feel we were anchored with them and the cancelled trades

I will get writing it now

only 2 cancelled trades today and both were cancelled pretty instantly Maybe this actually means that whoever was manipulating SP has now stopped

You can never give a full NPV value to a share, KEFI are still not at that valuation yet by a long way but this is the biggest hurdle overcome Lanstead are likely dealing in background but with this news i should think it will rise and settle in the coming weeks at a more suitable level

TBH - it gave the 10% crew a chance to sell at a profit The news today (other than the High Pressure information) was just a schedule of works and not really worth anything material to SP Happy Holding - i believe the real prize is to come in the next couple of years here

big difference - there wells are only going to produce on average 90bopd each They are already producing (very small quantities)

Is it going to be a Primary Bid raise or is it going to be Darwin / YA style

The ED deal didnt live up to full value but it was a good deal There was no way we could of got the next 6 wells progressing this quick without the deal and there was the possibility of us not meeting our licencing requirements on the site. the WD potential is so much more as we are going into it with no legacy / no third party funders / plenty of cash and the expertise to redo this. owning 100% of the project will mean we can retain more if sold, also we have enough in the pot to get a few wells funded next year and we have the potential to go it possibly alone on this project using the income from the first few wells

Finding out who let slip the information is difficult - depending on how many II's have been approached fact is this news drops SP and puts the fundraise in jeopardy or more likely at an even lower price

I don't rely on charts but i do look at them for entry points on shares i am considering investing in, they can be useful IMHO on FRR Charts, it looks like 0.38 range is the bottom, so we are in this region with plenty of upside but Charts don't follow news, so there is news that can send a share under support - in FRR case i think the market has arbitration / wonder whats happened to gas on its mind, arbitration may be something or nothing, bit a good gas RNS could easily put the SP back to 0.8 in very little time