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To be honest the way my year is going it will be Jan 19 before we know it and the drilling starts. I agree farm out and 3d later in the summer, until then it would be good for DW to release some updates to keep the share motivated.
I do find it strange 3D results haven't been be shared, that's if they are ready.
Some logic might say that the 3d results and farm out could be together as as one might be sensitve to the other??
Potential news throught he summer will be here maybe I shoudl just switch off from the red days for a while.
Yea, seems crazy people sell but guess if you need money or chasing another investment it happens.
I think best to sit tight, I would top up but done so a lot recently so holding is looking 90% 88e so might be a little mad but I like the potential.
I tend to agree, if we were to retrace it would of happened as we have had some nice gains this week and they have held. We had SP move down of the back of the IW2 news not being amazing as the market wanted, but then we have other unexpected bonuses so a mixed bag. But we shouldn't really be the price of the winter shut in as that was a huge delay so market sold off. We have news soon so the delay isn't the same or there and could argue we are further derisked due to the new drilling in Jan.
Short term 2p then on to 2.8p, if that breaks in the past its blasted through the 3p's on the intraday. Then at 4p its held back on news or delays so really we need solid news as if we can stick in the 3's I'd be happy I don't like all these ups and downs we have lost some knowledgeable posters which help the new comers.
Time frame is hard to predict, I would say sentiment is coming back as we have stayed above the dreaded 1p, so perhaps it wouldn't take long to go into the 2p's which is why I feel where the price is now its a buy for sure.
We have news coming of Farm out and 3d results , I don't know if these will both land together or in succession but I do feel good news will come in the summer here. Nothing is solid and just my opinion.
Share moves are slow today, shame on a more bullish day this would be up close to the 80%+, seems everyone is out in the sun or keeping there money for beers during the England game. We might get a new wave soon as people wont want to miss out for the weekend.
Plus why you want to quote a even picture these two are buys , I assume we are all invested here long short term etc. I want us all to make money exit levels are just different.
13:14
1.299p
1,538,725
£19.99k
13:13
1.287p
1,553,073
£19.99k
They both get miss printed that's a fact a stupid one as I cant see why it would go wrong as it makes the whole buy sell thing a none even unless one seriously outweighs the other.
I never said the facts hadn't changed I said last night that IW2 wasn't the optimal result, but IW2 wasn't about just flow it was about extracting enough hydrocarbons %ppm to understand the make up to help attract a farm out partner, the RNS states that they have enough info to do that regardless of the 30% being his which was ideal.
The fact they plugged the well could be a sign they have enough and know HRZ would flow so why carry on when the info's been done. A lot of the RNS is down to interpretation but if you look at volume in the last week or so given we have a larger share holding than last year its been really small, so feel oversold.
I think it’s more to do if people troll and post negative none factual info for there own agenda, we see it a lot on here. Not saying that’s you just why people can be quick to defend the facts as we have times where trolls post so much tosh is muddies the useful posts to new buyers.