Member Info for DRCed

The oil price is moving upwards, potential war in the Middle East, why would you not buy an oil producer with assets in the USA ? The share price is almost a give away, the money they need to raise shareholder s will provide to protect their investments.

I will be keeping hold of my shares for a while longer. Why did the board accept such a low offer?

Cybertron raises an important point, without a rig or a drill date this company is a bid target, what happens when those things are arranged and ready to go?

Next offer should be voted on by shareholders.

This share is struggling to move beyond 230. If we can sustain momentum behind a move into the 230s this share could easily reach 250-260.

How much further can this drop?

Anyone have any figures on how much the shut down costs per day?

Cheaper for Musk to buy this company than risk the lawsuits in the states.

Buys are dropping in now

With their track record of doing things at a snail’s pace, I would not bet on Heron being up and running this year. As ever I will be happy to be proved wrong.

Could be a takeover target. Probably worth more broken up.

Every day there are multiple aim companies blowing up and PIs are getting a raw deal. Cost of borrowing has now proved what many of us thought anyway, people in charge are unscrupulous and only interested in lining their own pockets.

V1 has been drilled and found to contain water. How much water and of what quality? In an arid region water has its own unique value. Running an aquifer could be an interesting sideline.

Showing a good rise today, fundamentals of the group are still good. Not anticipating anything spectacular here.

We really need to hear something from the chairman or the directors, anything to calm the waters. Just give an update of any kind. The collapse in confidence will continue.

Having been invested in Matad for a few years now, the one thing I have learnt is that they operate at their own speed. An announcement in a few days appears weeks later, a deal that will be signed in a few weeks takes months. They get there but my finger nails grow faster!

It’s going to be another red day today. Investor’s are showing that their confidence in this company has been shaken. Tax year end is almost here, I am hoping that the company will release a RNS that says the gas is still flowing and there is money in the bank.

I don’t think it will collapse ( I hope ), we are just tracking the oil and gas price lower. We will end up pumping more gas but generating less revenue. This is a low volume share, just a few sells can cause the share price to drop significantly. Buy an AIM share and it’s a gamble.