Day to day manipulation does not surprise our bother me. The big holders are not selling and we are insignificant. The traders are having some fun picking up scraps, but those who do their research know what the possibilities are, and will wait for the pay day
I think this is very positive. Taking shares for debt, makes me believe they believe in the assets we have. We are small holders, holding on to their coat tails, but this gives me more confidence.
I expect the usual Monday morning fall in she price tomorrow. They will try to spook more sellers. We are producing a lot of oil, at a high price, I'll not be selling any!
Glad I posted, if nothing else it seems we are waking up to how much money our company is banking at the moment, the share price is a joke, and bears no relation to what we have, and what the prospects are.
So the share price is stagnant, but every day we are generating cash, and the bank balance is increasing. The amount we have will be announced, and the share price should react accordingly. Surely double figures is not too much to hope due?
I think we are piling away money with the current oil price. When we find out how much, this will take off, especially if the deep continues to flow. The big holders, are still holding.
I think the resignation of the Kazakh government will have a short term impact on our shares. The pressure to reduce domestic oil prices will have revenues affected. We can only hope our domestic supply contract is binding .