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Bit rude Jimbob.
Do you not think the technology is fantastic and therefore for a company with a micro cap of circa £2 million then contracts which were mentioned in the RNS a month ago would transform the share price?
A bounce off ten 20% retrace from recent highs. Good sign it is set to push on up again from here.
Contracts must be close as fantastic technology needed in the Green space for the oil and gas industry.
Could catch the sellers out. Must be a reason for the surge last Friday.
My 55000 buy showing as a sell.
What a truly dreadful presentation. I had given the benefit of the doubt and invested here but sold out in hearing the presentation. Why.
1. Arrogant and rude towards the woman hosting the event. Very unprofessional.
2. Was clearly like a rabbit in headlights when asked about the 4 assays we were allegedly still awaiting results. Turns out there were just water holes and stuck drill bit holes. Non3 of that reported to market.
3. Sacked the first drill company - no RNS on that.
4. Rapped by regulators for that stunt with the photo of core.
5. No straight answer on funding. Avoided question talking about if other acreage comes up but how will they fund another drilling campaign without a placing?
6. Carry on antics with nudge nudge wink wink chats in Perth bars. How unprofessional for a listed company.
7. Looking back over 10 years on pro active site you see presentation after presentation of expanding assets, excited about future etc etc and for what?
8. Finally his apparent anger of a ‘pin cushion’ of drilling in the wrong place!! Sorry thought the CEO signed all this off.
A car crash of an interview. If done to attract investors then suggest the opposite has happened. Why have Newcrest or ‘twiggy’ as he referred to the respected Mr Forrester not bought them out if so good.
Decent management may be able to rescue this but otherwise as dragons den would say…….I’m out!! Wish you luck if you staying.
We have a lovely chart at the moment. At bottom of new trend channel having come back circa 20% from recent high.
Well placed for next push back through 4p to the rising trend channel next resistance at 5.8p.
However with the news coming soon on multiple fronts those numbers could well be blown away on the next rapid rise.
Lovely top up for me this morning thank you. We’re going ballistic Mav!
I wouldn’t get down about the current price. Remember it went down to 15p so those selling on the news made a tidy 30+% profit.
As news sinks in this will come good and who knows when another contract win lands. Looking ok to me.
I make it about 9% of the entire shares changed hands again today. Phenomenal.
Next chart trend channel is 5.7p and that’s without news. Drop another blockbuster RNS like the last one and it will blow the doors off that again! Good fortune all.
With circa 84 million shares traded today that is about 3% of the total share changing hands.
Seems like something good finally coming. With a tiny market cap this could do a multibag very swiftly when news lands.