Member Info for EyeGuy

Mufcm- despite what you think about gun, anything positive from oyster assets and it will do 100-300%.
It may retrace after but you either play the game or do not.

mannnan. Yep. Dead cat bounce there, IMO unless your are Montgomery Brewster then stay well clear.
Good trading from the TR1 holder possibly. RNS last night, maybe he bought a few early and then offload.

1000bopd is circa $20 million per year revenue. Not a bad start to 2020 particularly as that should double from there

It’s not just the fundamentals that define share price. Look at say kefi minerals. I’ve dabbled with that a few times. Same story. Great assets that need cash. Placing after placing then consolidation, then more placings. It’s really only worth investing in companies like that when the worm turns. Ie when they likely don’t need any more placings. No point entering before.
There is good money to be made though if you pick the right stocks. They are there

Someone made a comment about rrl being “insomlvent”. Over 90% of aim companies are technically insolvent if you class that as not making any cash through means other than placings. But that’s why aim exists anyway. It’s to fund growth though issue of shares that are trade able

It’s not just RRL. And not just the “Bowden stocks” is it. Funding generally is an ever more worrying issue than ever. Plus big names over the years have gone down the pan taking money out of aim.
Also less longs and more swing traders.

But for balance you did say as a fact the company wouldn’t exist and would go bust when the sp was 0.012. You had this as a strong sell. The sp is now 4x higher. So that wasn’t the best advice at that time

Full ask at the end. Another blue day I reckon 2moz

Completely agree with that

And personally think you shouldn’t be encouraged to buy or sell based on what anyone posts here. Do what you want to do. A lot said this would go bust and said sell at 0.01. Today it’s 0.05 to buy. Because an Unknown future event is just that

Agree. The SP rose as the risk of liquidation diminished. Nothing to do with pump and dump Gangs I’m afraid or bulletin board rampers.
Future event so no one knows what the sp will be next week.

From rns :
The addition of 50 megawatts of power will allow the Company to run up to 15,000 more mining machines concurrently, taking its total Bitcoin (BTC) mining capacity from 505 petahash (PH), as announced on July 4th, to 1.36 exahash (EH), which would currently make Argo the largest publicly listed crypto miner in the world.

Not really because they will be making 2.5x what they do now. Suppose we need an rns with current ops

That doesn’t explain the share price. It’s the II’s selling. Even at that it’s still £2.5 mill profit per month.

I think its loose stock on this exchange personally.

2 funded wells with over 1000bopd precdicted by year end at low costs. should be a good run imo

looks like the start of a breakout to me. lets see

But that’s not answering the question. You say you have seen evidence of misdoings but what does that have to do with you?
Why do you guide holders to Gordon Bowden and not let them sell their shares? Why does it seem you want this sp as low as possible?

Is that to me mannnan? Happy to answer

See the first paragraph. My position here is not financial. Just to find out the answers to the questions I asked. I will be gone soon.