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the market cant see the wood for the trees here. has there ever been a better time to buy GKP? - 40k bopd achieved - baghdad payments started - kurd direct payments started - pipeline sorted with Shaikan pipeline developments due - "Further reserves are fully expected in time" Yet the price is 10p off multi-year lows, blimey, the market has a funny way of boring people into selling. Id suggest holding.
Market cap of £10m. Cash of $18m. Monthly cash burn $270,000... these small co's really need to work on there cash burn. Its a management gravy train.
A joke for current holders surely.
"We therefore expect profit for the next financial year to be similar to this year" has this already been said?
is this... on level 2, using DMA (direct market access)...someone buys 2267 shares at 49.5p. guess what, within 10 minutes the same retarded penny scratcher is now trying to resell those 2267 shares at 49.75p. total potential profit, £5 66. total annoyance by backing up the spread... <--------------------------------------> why dont they actually go out and learn to trade rather than fck about with level 2 all day for a pittance?
Who on Earth was buying these? You only have yourself to blame! "10 October 2014 strategic process update London Mining Plc (the "Company") announces that the only strategic investors now remaining in the process are those whose proposals are not expected to contemplate the continuation of London Mining Plc, the listed legal entity, as a going concern. As previously announced, discussions were ongoing with potential strategic investors about structures which the Board believed would result in little or no value in the equity of the Company but the discussions with the investor which might have resulted in little value in the equity have ended. As a consequence the Directors have requested the immediate suspension of the trading on AIM of the ordinary shares and trading on Channel Islands Securities Exchange of the convertible bonds. It is anticipated that further funding in to the Sierra Leone operation and potentially other development assets would be provided by a strategic investor if the discussions are successful."
please own up who bought at 7p, i will personally mirror each of your trades
Pro'est market makers ever... a few twitchy sellers at the start.... WNTS find themselves on the book to sell 10k at 60.5... they get swallowed up. Now, there wanting to rebuy the shares they just sold at 60.5 for 64p. Canny beat a bit of volatility eh.
sorry, i should say this has nothing to do with NBU, however....
Ive said it a million times, Investors Chronicle are the best contrary indicators on the market. They say buy (one of there mates wants out)... you sell. They say sell (one of there mates wants in) .... you buy. Works 90% of the time.
True. First things first, hire some decent corporate advisors. Current incumbents sleeping on the job.
Surely one for the bottom drawer.... a punt. "Profit before tax for H1-2014 was approximately £19.7 million" "Group balance sheet with cash position of £33 million" CURRENT MARKET CAP £21 million! HAHAAHH!!!! wt actual f. Keep selling dudes, got some mad fundamental analysis skills.
Doesnt seem to be a whole lot holding this back just now. As 'Elite' says, we should at least see some stability / buying into the new drilling season. Considering these are horizontal well, there should be quite some interest in the coming months. Good value here, strong hold imho. For your information, level 2 is below: http://postimg.org/image/r0jwb7y97/full/ Have a great weekend everyone
With 30% earning growth. Decent value at these levels. Still plenty of cash on the balance sheet.
Check the chart last night. Someone knew. Noone will bother doing anything. The FCA are a Joke.
how on earth can a big buy come on the ask? what planet please?
nm
surely this just means Rusoil will make a lowball bid...