Member Info for FlatBottomBroke

Maybe this makes good reading as to what can happen

http://www.proactiveinvestors.co.uk/companies/news/206315/providence-resources-tipped-for-near-200-upside-ahead-of-pivotal-irish-well-programme-206315.html

Re last comment of mine

https://www.investopedia.com/ask/answers/09/oil-company-reserves-balance-sheet.asp

https://www.fool.co.uk/investing-basics/how-to-value-shares/how-to-value-oil-and-gas-shares/

"Today 09:06
Nearly sold 3 times this morning stopped my self nagging voice in my head (no medication) keeps telling me not to just in case.
I know i should sell and pretty sure will kick myself,bit like the square batterys you know if you lick them when your a kid its going to hurt.............but you still do the wrong thing.
Going out away from the computer to stop me selling and any batterys we may have in the house :-)"

For what it is worth. Do a phantom sell and buy, I did a tiny 1000 share one yesterday and I would have recieved under £7:50 for them, to repurchase the same 1000 shares would have cost me just under £31: 50 for the same shares!

With fees etc that's how much they would need to drop for you to buy back in later with parity!

I like Rodders am a private buyer and yes I am down at the moment too, but everything in my water is saying it has to rise, forget all the crud on here, just look at what we and you know, positive results from other company sites, positive reports from the first well from the Company to the market , just a report to wait on and a growing demand for a dwindling resource. And his is all so close, as in weeks away.
Personally I cannot see how a company cannot be partially valued on the assets it holds underground when they are proven.

See 15:47

http://www.lse.co.uk/SharePrice.asp?shareprice=SOLO&share=solo_oil

Well my ship hasn't got a leaky swimming pool up top, like our competitors ;)

We are not sinking, we are like a boat afloat on a sea of oil, we are bobbing up and down :)

"Surely PIs just need to hold on for dear life, not be scared into selling or letting sell points being triggered. Then when insufficient stock price has to rise on positive RNS. Or is that too simplistic."

Well I did a phantom sell of 1000 shares and would have got
£7.46
However to buy the 1000 shares would cost me
£31.55

So I am not going anywhere, I might not have a bigger slice of the pie as some, but it's starting to taste nice.

Thank you for that.

If Kimmi is free flowing, does that mean for commercial it will not need pumping or will that take place? I ask because the report from ANGS states

The Company believes based on the results of this 7-day flow test, it can isolate the water producing zone and establish commercial production "under normal pumped production conditions."

I assume because ours hasn't been announced as flowing nor commercial.

You could take Mabel with you, however be warned you might need to change your name to Ernhoe.

Well, it appears to have found a constant level until the next news which is a good sign as it hasn't spiked and then dropped back down to the previous close.

You do realise not everyone living in council properties are unemployed, far from it, here is a classic example

https://www.oxfordmail.co.uk/news/community/memorylane/13633775.Maxwell_resided_in____the_best_council_house_in_the_country___/

Take a chill pill, everyone is getting over excited like a pubescent school child, a little friendly banter is a good thing and lightens the mood from the upper and downer posts, I thought it was a funny post myself and could imagine him ( or her ) sitting their clock watching ready to pounce.

Isn't that when the price is more or less mid point that they tend to be misread by the software involved?

Where money is involved. I would imagine it is in the interest of certain individuals to play down, boost up the share price to suit their own gains... sadly.

Lol

Sorry about grammatical errors and spelling cock ups, I should proof read my posts first.

In away I am not, true planning applicaton is in and in the public domain, but that is just an application with no proven as yet hard commercial facts, fare stack is burning and oil is being produced, but again until the quantity etc is known and substantiated,it's all still a bit in limbo.

That's mean being a realist, when like you I want to see it start to shift upwards as I am down on my shares at the moment, but I am afraid the Market probably wants hard tangible facts.

And stockpiling ;)

http://forums.airshows.co.uk/viewtopic.php?f=26&t=81658