Member Info for Goldstinger

15.33 Hi Cenkman. Sorry, I've been suffering from a bad Covid type cough (aargh!), and needed a rest. I suppose I'll have to plan a flow test to satisfy Scot. (joke)... Maybe we can just use VAS instead like they did on Merlin 1. I digress, sorry.
I see Brombarb has kindly answered your question. Thanks Brombarb. I think when the SP is displayed as candlesticks there's a pattern emerges, especially in rising and falling markets (so not now in the case of 88e). The Investopedia link below seems to explain it quite well.
https://www.investopedia.com/terms/b/bollingerbands.asp and the Stock Exchange link gives you access to play with the graphs using the drop down menus.
https://www.londonstockexchange.com/stock/88E/88-energy-limited/company-page
So we have quite narrow bands in this quiet period with no news. But SP holding some way higher than last October. Assuming that we don't have any bad RNSs between now and the next drill, I'll be keeping an eye on the trends - candlesticks getting bigger, higher volumes, Volatility increasing, SP getting outside of upper Bollinger Band. (Hopefully not the lower). In fact if you plot this info for our Northern Neighbours data, you will see precisely what I mean.
I'm still experimenting myself, albeit I've been with 88e for nearly 5 years! I'll let you know if I ever become an expert.
Another good share to read right now is TGA. (Not a Xramp - just to experiment with the graphs).
Good luck
GS

Bollinger bands have narrowed back to similar width as last year. Reflects the lower volatiity of late on low volumes. I like to use the London Stock Exchange to look at SP/Bollingerbands/volume over 12months to 2 years to compare trends with what we keep upstairs in between our ears.
Not that I'm a chartist. Maybe I'm just a 'bit' trendy.
GS

sold to Mrs Wall?
:-)

00.09 Thankyou so much Olderwiser. I really appreciate your help with the VAS/flow test question and for explaining so well. Tremendous.
It should help other non-oilers too I should think.
Best Wishes.
GS

Always a conundrum Ford. Should we get to £10 a share, will I be happy with my 25p / 40 bagger?. Or should I have bought more at £1 for a mere 10 bagger. Keeps me awake all night. Hehe.
Beware the green eyed monster I say, but of course everyone has their own prefered investment style. I personally try to temper my greed with a little question like, "what the hell do I need another 10grand/*million for? ". (*=delete as appropriate.)
To be honest most folk sell way too early. A lot depends on news flow now for me. My investment here is modest and covered by profits elsewhere.
We All know why we are here. The signs are looking good from the many areas we take comfort. Oil price. Analysts. August webinar. BODs last waltz. Reducing (if not zero?) debt left in the Concert party pistachio.
It's lovely to see this board with nice friendly 'faces' without the vitriol that had pervaded the air recently. Hope everyone enjoys the moments in the sunshine. I feel happier when the sp is here as dilution will be lower at a high sp. Happy days.

Q. For oil experts. Apologies if already asked/answered. Does VAS analysis, in modern exploration, make flow tests less relevant? I happened across an oiler in the pub who said geologists are far more confident in lab results these days which aids big oilers decisions on where to invest for maximum gain, vs moderate risk. I'm not an oiler so forgive the ignorance please.
GLA
GS

If that was to me Seahawk?. You do know I'm invested here? I've been invested since I found out Farallons plan to recoupe their debt as soon as they were able. Now its repaid, I won't be selling. How's that for ramping?
To all those who say I'm wrong. Prove it.
GS

Aw diddums

Correction - ‘hope they have now made enough’

Glad you can see my point of view at last Scot.
Ps - I hate dentists. Wouldn’t trust them. Wolves in charge of sheep.
Take it easy.
GS

From Farallon web site
We pursue multiple investment strategies on an opportunistic basis
OUR APPROACH

Farallon seeks investments across asset classes and around the world through a process of bottom-up fundamental research and analysis emphasizing capital preservation. Our investment strategies include Credit Investments, Long/Short Equity, Merger Arbitrage, Risk Arbitrage, Real Estate Investments and Direct Investments. Investment ideas compete for capital based on in-depth, critical assessment of specific risks and rewards. Risk is monitored and managed through rigorous and thorough analysis of each investment and, at the portfolio level, through risk management analytics and overlay and tail-risk hedging.

It’s what Farallon do to make money.
I sincerely hope they have no made enough and have had debts paid. I do hope they now observe their own green objectives and exit stage left taking Certain posters with them…
GS

https://podtail.com/da/podcast/cfo-talks-idea-sharing-for-cfos/--my-career-has-largely-been-mining-and-finance-an/
Essential listening for anyone invested or thinking of investing. IMO.
It’s a bit long but covers some key areas such as history, Boatman (incorrect?) analysis, clean up costs and planning for those, mine life, plus a personal insight to the CFO. A very nice interview and gives confidence in the bloke looking after the dosh side.
I sold again yesterday at 469p , but will buy back in if we get a quiet few days. I normally don’t ‘trade’ but couldn’t resist it with TGA.
GLA
GS

Who cares Reaper ;-)

Just looking at the 14th Jan 2019 RNS, regarding the result of AGM and GM.
"In addition, as previously disclosed, 102,471,055 Non-Voting Convertible Shares and 9,607,843 Consideration Warrants will be issued to the Great Bear Vendors."
I have assumed all along that the non-voting shares given to GBPO as part of the $49m price tag when we bought them, which were then packaged into CHONS, were the security for Farallon to get their loan back. If I'm wrong I am wrong I hold my hands up. But I can't see why the split of voting /non voting would have been done any other way.
Farallon must be laughing because the shares were issued when price was around the 15.25p to 17p range.
No need for any more discussion as, like you say, we will never know, except for further RNSs.
GS

10.40
I used the website question form to request an update on when we will hear something about the impact of Talitha on our Icewine acreage, 2 days ago. No answer yet. I'll keep the board posted if they do.
GS

08.23 cbaron. Thanks for your further comment. I respect your views also.
Regarding the debate about the GB debt now being paid in full. Do you have any comment on that? I think the debt is now paid in full, but my opinion is derived from the fact that all non voting shares have now been converted (and sold, tbc?). Is that your understanding too? I am hoping, and it's the main reason I've kept my shares, that we will not see any more 'concert party' TR1s.
Following on from this, I also assume that if Farallon (CHONS) sell any more shares they are doing so not to pay debt but because either
a) they have made enough money and want to derisk further
b) they want the money for investments in other projects.
c) ESG policies make them a forced seller. Maybe?
d) Other reasons which could include they have lost confidence in the story.
Whatever Farallon do next, the market will be watching. After all, their founder did run for POTUS not long back. They are quite an influential player. And 18% is in my view quite sizeable stake.
GS

10.14 Just curious. Is that a prediction or wishful thinking? I assume you will ride the upward wave and jump right off the surfboard at the crest with a big wedge of dosh before Q2. Between now and then a little shrinkage on little waves, then a big surf providing a brief high. Is that what you meant? ;-) If you’re gonna spread the word, spread it man.
But what if the big surf is a whooper? A sunami even. ;-)
Holding long for now.
GS

13.52 Hi Rabito.
I think if you read some of my past posts, maybe it will be obvious what I am alluding to. Right now I will refrain from restating as I will be accused of all kinds of stuff and my post removed. As per last week. I have no wish to perpetuate the discussion.
Hope you appreciate the reason.
Take care. And I promise I am still invested despite my concerns.
GS

07.52 I agree with you entirely on your post.
Have a great day.
GS

Thanks cbaron. Yes, honestly I am invested.
To be honest again, I've been pulled up time and time again by others on what, to me, seem minor details. I am simply trying to follow LSE rules on what can be posted. Ie mainly facts, useful info with a few opinions. But I sense ulterior motives by others and that troubles me, especially if they are protecting activities that could be construed as, well, a bit bent. Perhaps it's my training that makes me a bit of an over enthusiastic detail cop.
I'm sure we can all work together if certain posters stop their constant contradictions of others posts. I post only what I see as the truth. Sorry if you want me ramp just because I hold shares but I hold shares because I expect them to go up regardless of these boards. Otherwise, why would I be here reading this stuff.
If you want me to go back to 88e and leave you alone I could do that, but then all the readers on here would not get the truth the whole truth and nothing but the truth.
You get my drift?
GS

I do know that the RNS was after the market closed today. However the transaction was last week, plenty of time for market makers to cotton onto what took place. I don't believe they are bound to wait for RNSs to capitalise on what they know. Common practice as far as I can see.
Yes, the interview and report out today helped the SP hike no doubt, but there was little new information in them, albeit well presented, and the comment about another listing in US was hardly a promise, was it?
As I've said its just my opinion. Thats what these boards are for.
I also know that the 17.99% share holding left in CHONS are voting shares. I simply said that all the non voting shares have now been converted and sold. Its is these shares that were the main part of the GB debt. If Im wrong on this point please let me know.
GS

With a little luck that is now the lot sold. The last non voting shares 33,890,478 converted on 29th July have now been sold. The 17.99% level is roughly where they were just before the last conversion.
Most of todays rise is probably because the market recognises this milestone. IMO
GS