Member Info for drjenner

Disagree. This could easily drift lower as oil prices fluctuates. I'm waiting and if I miss an initial spike so be it. I'd probably buy at sub 4p. Great potential though but I don't think we've seen the worst.

It's not done yet either

Good day today folks!

fourteenhundred, presumably you are a long term follower. I bought in January so obviously quite pleased so far. Based on your experience do you have a target for this share? IC is saying 60p but I'm inclined to think higher, 80p maybe in the next 12 months?

So positive that your share price is off another 10%. No money, no contracts.

Ruralpunter, no I'm not. I did hold a few but sold out a couple of weeks ago for a loss. I think this could end in tears but good luck if you're a believer. Support for this stock is based on a promise of $300k that seems to be lost in the post and some future contracts from an outfit in Canada that rely on them selling a new type of financial product.

Ivan's bullish? So was Napoleon.

As i understand this is an out and out gamble on a company with no track record, no money, one contract (perhaps) and they may get a payment of 300k and some more contracts. Also any further business is based on an outfit in canada that is rolling out a new financial product. Wow i admire your bravery but at least someone admit that this is simply a gamble.

Too much uncertainty and the cancellation of farm out doesn't sound like positive news although perhaps understandable. Bought at a low price a few weeks back but think it was maybe too early. I'll sit on the sidelines until their plans become a bit clearer. Great prospects but not for me at the moment. Sold out at the bell for 5.5p. Good luck all.

Good interview thanks for the link. There's definitely long term prospects here but a bit worried about a fund raise.

Malcolm Graham-Wood video, nothing new from him but a positive mention of Caza amongst others http://www.iii.co.uk/tv/episode/8-oil-companies-are-oversold-and-overlooked

Just joshing you a little, no harm intended. As holders we tend to see things through rose tinted glasses sometimes. I have a very small position and added £500 this morning. Things do seem to be going in the right direction and if they can at least show some financial progress this could be interesting. There are a lot of doubters though which worries me. I'm not going to get seriously burned by disappointing news though.

Further rise? No chance that it might fall then? That's good to know.

Get out now...check what the real bid price is......0.0625

I'm a bit surprised that there hasn't been more of an uptick in SP but would expect more during the day as news gets re-broadcast. There may be a couple of reasons though. This contract has been known about for a while and so to an extent is in the SP already. Add to that the delays and then the fact that it's probably not the blockbuster announcement we might have wanted i.e. it doesn't appear to be a full rollout ...more to come etc. It's progress though and another contract win would make a huge difference. I topped up at 12.5 this morning on the news. I think this is more long term than I'd originally thought but at least it's on track.

Thanks for the correction...I missed that.

Good afternoon. I just dipped my toe in with a £1k purchase at .09p and will top up on further weakness. Have watched the presentation, read the Share Prophets update and by and large think this is probably a POS long term. However it could easily ramp up 100-200% or more on just a tad of good news ...i.e. payment of £300K and any more contracts. In the long term it sounds very limited unless they expand beyond Merico. So in my view I either lose £1k or make £1 or £2K, I'll take those odds. The £300k sounds nailed on so that should help and it did sound like more contract announcements were immenent. Good luck to all.

Update - tipped yesterday by Simon Thompson in IC target 190p. Normally would spark an SP rise but nothing happened!

I have a tiny holding in this company because it's dropped so much it's hardly worth selling! The noises from the company are encouraging but they have been for a long time but I am thinking about topping up. Does anyone know how they generate earnings? I assume it's a percentage of the projects that they are involved in but all of the announcements seem to indicate the value of the projects and not the potential income for the company. Do we know what their percentage take is or is it more complicated than that? Thanks for any response.

Should be a bounce in SP