Member Info for Doc83

“ In 5 days this has jumped nearly 25%.

Seems like good news definitely on the horizon.

Watch those nayers going silent and staying silent.”

Or maybe it’s up 25% over the last few days because we fell 75% from our peak last year?

But Roxy, you’re really boring me now with all the talk against the “negs”. You were a big neg not so long ago. You’re just a giant hypocrite.

If the next RNS says we've finally got the offtake agreement signed and will start receiving revenue, I can see us back to 2p. If it doesn't say that, it'll be back down to 1.2p or worse.

Espen, whose Fiinu shares are absolutely flying. 30x bagged in a few weeks. Oh what I'd do to get MTD moving like that.

I'm confused. So just messing everyone around then?

So is there a FB post or not?

Taekesiteasy, exactly.

"Rns expected tomorrow."

Have I missed something?

But am I bashing the company?

"Reality is::::::Why would i sell now when i can sell at 5p come June,"

Because it might not (probably won't!) be as high as 5p in June!

FYI, another volley of large sells. It'll certainly never go to 5p while this continues to happen.

30p equates to around £450m market cap. Put a very generous 8x p/e on, and with £/$ at 1.25, that needs annual net income of ~$70m. Or at a hopefully conservative $40/barrel, 4,800 bopd needed. Not beyond the realms of possibility. But if we assume each well on average is doing 400 bopd, we need 12 wells.

The stars would have to align. No dodgy wells with 30-50 bopd, and no more raises and therefore more shares in issue.

IMO, that's not going to happen. But I can see why we could get to higher than the current dismal SP.

Block buys now coming through in nice, round numbers. Whoever/whatever accumulating to then sell/manipulate later down the line, or something more positive...

Given that the big drop in the SP happened following the 14/11 RNS, I thought I'd have another read. It was quite a simple RNS... Heron 1 looking positive but being choked back to 200 bopd, surface mods likely to help but would have to wait until after winter.

And then Heron 2 disappointing - I think this was the main driver behind the fall. Who knows, if abzzba is right and Heron 2 can be sorted cheaply and quickly, that might be enough for us to rerate, at least a little bit.

Gusto, get me on that ramper list.

"Tenbag ; " Investor33 they don’t have the brains to understand what you have been posting. Doc and his gang are just trolls and negs. Nothing more. All this could be one person too "

Agreed. I mean to deny the historical tendency for the share price to rise rapidly in the first half of the year is just plain ignorance. It's done it year in year out. All people have to do is look at a 10 year chart."

So here's what I actually posted (and I maintain that "early in the year" is Jan-March, not May/June!!!):

Investor33:"If so then it would be the first year in at least the last 11 that the share price has not moved up in the new year"

I went back 10 years and have looked at the SP performance from 1st Jan to end of Jan, Feb and March:

2015 to 31st January/28th Feb/31st March: +52.9%/+44.4%/+155.6%

2016: 0.0%/-24.0%/-32.0%

2017: +155.4%/+333.4%/+238.5%

2018: -40.0%/-15.8%/-11.2%

2019: +43.1%/+136.3%/+126.7%

2020: -15.6%/-17.1%/-46.8%

2021: -8.6%/-27.0%/-35.4%

2022: +22.3%/+24.8%/+20.0%

2023: -4.9%/-31.5%/-13.8%

2024: -8.5%/-26.8%/-3.7%

In summary, in all of those dates we were only up in the new year 4 years out of 10. And often the SP got progressively worse!"

And in summary to that, I think we can all see Investor33 talks utter nonsense :)

And here come the block sells!

Tut tut invesotr33, I said nothing of the sort.

Care to find what I actually posted and to stop telling porkies?

LOL, a small tick up, and still waaaay down here, but 9p back on the cards!

Hell, I'll be ecstatic if it does happen. But for now, I'll just be glad if we get through the day without a bunch of massive , quickfire sells that undoes this rise.

"" A narcissist is someone who exhibits a strong need for attention, often displaying behaviors designed to draw focus to themselves, making them highly "attention-seeking" due to an inflated sense of self-importance and the desire to be admired by others; this is a core characteristic of Narcissistic Personality Disorder. ""

This could apply to lots on here!

Let’s see if we can have one day of genuinely decent buying without a bunch of block sells then coming in and scuppering things. We’ve been here plenty of times before.

Apparently people who are lonely often repeat themselves over and over again. We’ve got a few of those, too.

Abzzba, there’s definitely people with psychological issues, even stalkers (TBT, WOS etc). But with Hamm, I’m talking specifically about IQ, or lack of.