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Totally right, It's 12 noon or midnight. Which varies by around 20 mins dependent upon time of year.
Called the equation of time. Very important for the Assies as the cant find north without it and why the southern cross is on their flag (and NZ).
Besides....there a week late moving the rig!!! Lets not get argumentative over small issues!
My hope is they don't have a drill stuck!! Worst case IMHO!!
LeMajor is right. Will turn, but looks like only after news. The string of news (or lack of it) looks like keeping this flatter than expected. Permit news, ice road news (many were expecting a steady stream I recall).
Reading posts on MM.'s looks interesting while we wait. Many thanks.
As for IF/WHEN 88e get a revenue stream from the drill, will it be enough they no longer need any future placements for the life of the company? Ever? Will the drill tip PMO into thinking 88e are worth buying out? Has the previous drill failure by 88e caused the target of 100bopd to be set very low to ensure success? There are 3 targets to go at. All 50%COSS.
Heads is likely to appear once.....
Just to show how little interest (just yet) and how (I believe) this will go from 1.3pps to pennies per share, I post on PMO site to make some realize what they are in bed with and hopefully open their eyes..
Longer the post the less to say. Waiting on an RNS. Have a Nice Day.
Wonder how many money shift daily. From LSE to ASX back to LSE and so on. 15% rise on LSE + then 15% rise on ASX......that 2 trading days per day. And you can pretty well guarentee the ASX follows the LSE. Just a thought. Double the gain on both markets. Antone own up to it?
how long ago?
One week I will be right.
The rise early this week was probably on a expectation of news. None. Away it drops.
Just had placings so none of that silliness, Exploratory drill with PMO as far-out partner when Oil Exploration is on the back burner means this is one of the biggest drills for oil anywhere in the word this year. If flow test are good 480 million barrels of oil at $3 to $4 a barrel. The SP should be issued a speeding ticket. Drill move and a string of news RNS should see some big rises.
One thing is a fact. I doubt anyone would have predicted the SP this low this close to the spud, April May looks like the time we will get full SP rise.
Looks really cheap. Could be an MCap of well above 300 IMHO
The gold sample in Jan and SP drop is why I said it could drop away.
It does look worth a dabble. It has does this in the past
i tell you what has happened. not here. mtfb looks like thier IP might pay off as it nearly passed stage3. Might get a taker for the company at $30 million. You never now. GWMO. Hardly the most conspicuous company. Found gold on one RNS....SP dived faster than a U-BOAT. World was upside down.
Some little mysteries were corrected today.
ASX still is dragging its heals!!!!! LSE will break from it. sure of it. Has diverged in the past. When. I don't know. getting past 150pps 2pps and 2.7pps all will be tricky. If someone can give volume buy to sells on the ASX that would be good for the morning. Have a good evening.
Looking forward to this farmout taking the SP to 88e's highest yet.
Yep. It's a big resource. BP had a stuck drill there (hoped that doesn't happen), Its 20 miles or so to the pump station.
Should be possible (if flow tests are good) to get that out the ground. Huge resources and could even make the Mcap of PMO look small. 3 to 4 dollars per barrel are the going rate. Profitable down to $35 a barrel.
Not much exploring at this oil price. Why its one of the biggest drills of 2020.
All true.
The SP was
l would look at the SP when the RNS about grab samples came out. Give that as a marker. It was ludicrously low.
Pump it may be. dump. I would wait and think.
busy day. look back in this evening. hope it goes back up to a level the asx will move to.
If not the LSE and ASX will diverge slightly. Has in the past from time to time.
The runaway train!!!! 0.5pps might hold.....then the drill upcoming.
0.5pps coming and supported with that calc Castello. They have a drill coming up too. Maybe 1pps is possible?
2pps by the end of the week?
would be nice to see a penny!!!
yes. thats $100 silver and $900 gold
iirc There was a fair bit of gold in the survey RNS. Maybe it is all gold.....I feel like buying dark Chocolate
2pps. Thats some way to go!!
oddly as drilling is soon it might not be a pump.
Good price this late. Not many would think 1.3@ mid/late Feb
When it comes to RNS. This company released findings of gold/silver and the SP nose dived!!!!!
WTF!!! Should they put out a RNS (investors are obviously nuts)?
i remember at well over 1pps. And a lot saw value at that point.
This could double.