Member Info for EchDelta

I'm perplexed by the share price

This stock is stupidly bonkers
Another UJO and RBD

ITS producing gas and oil yet here sub £8m

What a joker of a board?

https://twitter.com/zopelyforver/status/1469073135513264131

Seems to be a theme
0.60p levels here

https://twitter.com/zopelyforver/status/1469073135513264131v

Precisely

Now I'd hazard a guess that 35m is being left for a sweet short to 0.60p
Risk is minimal as punters weak

However pat had a good placing

Up 55%

This stock has a madness valuatIon applied to it

It's weird

This stock has a madness valuatIon applied to it

It's weird

So croq

Who's sold down 74m shares?

So its producing at UK prices :250p/Therm
6.5mmscf/d sake of argument at 250p/therm = £154,750/day
So at 300 days production that is £46.25m with 70% owned by Echo = £32.375m revenue

And its sat at £6/7m market cap 0.53p?

WTF?!!!?!?!?!?!?!

Why the hell is this stock at £6m market cap then?

Why cant anyone answer this for me?

Loads oil per day
Loads and Loads of gas per day yet at £6m?

A wonderful combination

Considering taking a position here

Why is revenue 130% of market cap yet share price is languishing?

I can see they have great producing assets at good prices
I can see they have mature debts of £24m ish outstanding

Not many shares in issues Vs. Other Toddlers...

Why so dead?

Yanis

Ill go by your expertise...

Whatever your observations on a rig...

What is the significance when the main stay of the updates is the Skid and Analyser Housing?!

EA approval from Wingas files do have risks that need mitigating.
So the Gas Flaring, Noise Modelling, Safety aspects may have been the additional time taken to make a decision?!
I am aware other EA decisions took considerably longer... I recall less than a dozen comments on the Saltfleeby online (permitted publication) consultation. So it started Feb 2021, the latest could be Feb 22, really need this to come good and soon.

As for Lidsey - IGAS is next door we have ascertained that, Id rather they sell a percentage as we discussed for free carry on a sidetrack / workover. All this needs paperwork again!

Anyway next few weeks are going to be interesting!

Yanis

Considering all the delays

Its good to know this has arrived.

No we wait for EA permit decision!

Cheers for that article.

My take on everything those TW cretins stand for and do is...

https://twitter.com/zopelyforver/status/1468571149244194822

I am calculating approx 70m forward sold if I include all those suspicious 1.5m+ trades since late September 2021.

So 30% of placement to go... why the hurry...

UJO placement holders drip fed the short!

Why can I sell 9.5m in one go above Bid price?

https://twitter.com/zopelyforver/status/1468538033016389635

BV Sells still here.

Ask dropped
Deliberately toying with the ASK and BID

They have a shed load of stock to transfer hands me thinks

https://twitter.com/angusenergyplc/status/1468533616116482052