Member Info for elland

The 265k sell is my buy. Can’t believe I got them at this price the day of a positive RNS ?

Extra 450k shares bought in two trades this morning as I planned but with even more optimism after the recent tweet from CH. Very close to lift off here

A couple of them today so far but still no volume. Everybody waiting for next news which should be confirmation of testing on 36-2. Plenty of news second half of the year. It’s all much later than they planned and we expected but it’s the final result that matters. Production from 2 Op sites and one new Non Op would make current buy price look like a missed opportunity. I am topping up again

Another report worth reading. On Zeph website. Confirms expected first revenues on 36-2 before year end, expects all the operations to start producing “quite significant cash in early 2024” and suggests “shares have now become significantly oversold “

I know many on here have a low regard for the guy but his comment if today worth reading

Good summary Nelson. Those points well made

This is on my Mobile Phone SCE2AUX. Have just listened to CH as per your previous post. Refers to Williston production up to 1700-1800 per day by yr end and at least double that when 16-2 and 36-2 on line. Says both wells commercially economic. I was getting concerned about 16-2 and the lack of news so that’s reassuring for me

Still increasing and we still have lots of lovely non op revenue. Just a thought

Agreed V111JAS. Been saying that on here for a while. Current value if anything below non op income as new wells come on board. No value credited to Paradox. Unbelievable entry price. With Oil price now off it’s lows we just need positive news. GLA

As I stated yesterday, what a great asset this is. Annual income exceeded expectations. More sites to come on line by June. CH expects 2023 to also show increased volumes. Sensibly Part hedged again. Profits reinvested in both additional non op assets but mostly Paradox. Very professional outfit this is.

As one of many on this very instructive board, I am totally relaxed about the share price. It’s perhaps the traders who are getting hot under the collar. The Whilliston investment alone is providing annual incomes that justify the market cap. It’s looks as though that both Paradox drills will be a success and production testing will confirm the numbers in early course. Then in the future multiple additional opportunities from this huge acreage. I expect a significant re rate once testing finalises and another on production itself. GLA

Well I didn’t expect to be topping up at sub 6.40p but I have. If all goes to plan, the current share price is a bargain entry for new investors and top up opportunity for those of us who have been here a while.

Hi Northern. I am in total agreement. We have both been here a while and held. I have always topped up when affordable and on the dips. Never traded. It’s now a short to medium term hold and I expect that ultimately we will be bought for multiples of the current price.

Lots of the sells here are buys including my top up just now. I am hoping for good news of the Christmas and New Year trading which hopefully the train strikes have not affected too much.

Significantly Tyndall increased their holding recently and CH has plenty of equity here. Yes it’s not gone as quickly as we expected since Jan 22 but I am happy with my holding here and expect that patience will be rewarded

Hi Northern. I totally agree. This great company will prevail for shareholders but we may have to wait a few months longer to start to benefit. The potential still huge despite the extended time line. A major shareholder seems to be happy and the directors have plenty of equity. Malcy not always right but on this case I hope and believe he is.

Trades of 82295, 175056 & 95089 are my wife’s and mine. All down as sells

A lot of diverse opinions today perhaps out of frustration that we can’t comfortably break 6 p. My thoughts are that we will and I bought more at a tad over 6p today. I am happy that the delays are not going to change the potential here in the short and medium term and think we will be a share in double figures before year end.

Once this eventually crashes through 6p, are there any chartists on here who can comment on the next barrier ? For me as a long term investor, I am just happy to see continued blue.

Just watched it. Painted a picture of how the acquisition fits with existing acreage. Colin Finished with “ a lot of up and coming news in the near term “ very positive.