Member Info for gregpeck7

He is taking a look at Regal now......

The rest higher..

GP

Exactly.. Always be people who "de ramp" .. They are really angry because they missed out.. But you cannot be invested everywhere... Just be happy for others... There is plenty of opportunity to join the party here, there is a long way left to go...

The "problem" for the "de rampers" is that the "bear" case is almost laughable.. Yes if these were 100p a share NOW you could maybe put something together, but at the current level its a screaming buy, however you cut things up.. What other junior oilers have the security of approaching 50 million US in the bank!?

Always happens when a share is in high demand, traders probably moving in. 40p coming which is fully justified.

Locked in auction, NEX handling trades on its own now..

To hide buys as well, this is very much under heavy manipulation at the moment, as much as they can muster..... I have L2 for both though :D

Busy, sells are being taken and replaced and replenished. It looks to me like there is a large scale buyer out there..
GP

Yep

Completely deserved rise... They shook out the traders and fearful and its now a stable base to move on... Big money clearly now wanting a piece of this and 100m mkt cap will open it up to institutional holders...

Having such a small free float makes it harder for the MM's to game this, if a serious buyer turns up then the price will basically rise.... They cant play the normal tree shake games as nowhere to borrow stock...

Very quick turnaround.. The games look like they are over... Serious buying coming in again.... Nice tweet from oil mandarin today as well...

Yep, they took it as low as they could. I suspect there are large buyers trying to get in.. It was never going to go that low.. Back into the 30;s now.... Some good tweets on twitter today and L2 very much on the turn.

GP

I also like both RPT and JKX... The one big difference though, and what is holding JKX back is the outstanding litigation there.. Also JKX have debt and nothing like the cash RPT have.... If legal issues are cleared up JKX will soar like RPT has done... I currently prefer RPT to JKX though...

GP

L2 looks to be turning.. I think its done "its dip" here and upward momentum should now return... Lets see...

Finally also worth checking the long term chart... When momentum (like we seem to have now) has historically hit this share, it moves like a train, almost vertically.... A few small sells today but I think the selling pressure and profit taking is passing and this will leg up again soon.....

All the newsflow that will be coming down the tracks these really are exciting times......

Worth re reading

https://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7258982/Questor-share-tip-Buy-Regal-Petroleum-its-Greek-tragedy-is-history.html

Interestingly they advised a buy ay 79p at made this comment

In Ukraine, Regal operates two gas fields with five production wells. The company currently has reserves of 169m barrels of oil equivalent, but there is the chance of substantial upgrades to reserves for further exploration of deeper structures in the areas.

8 years later this prediction has come true!

BUY!

All spot on guys, no doubt this is on a lot or radars now with people wanting "in".. Classic ploy of trying to make people, particularly who may have bought in the 30's.. fret into selling their shares... There is not a lot of stock to play with though, and this is so clearly undervalued these games cannot go on that long.. Certainly not with 4 million shares a day getting traded..... I expect this will start to move back up tomorrow... Probably at a more gradual pace though.

Hi Wide,

Yes I do agree with you.. Looking at the volume though, I think the latest news - on top of all of the other positive news flow, things will be different this time...

I am very relaxed as well, value will out, and completely agree, if this was UKOG, god knows what the value would be ;)

PS take a read of some of the arrangements for "NEW" drilled wells in Ukraine, some commentators think the payback on the well's is amongst, if not "the best" in the world, from being one of the worst places.. Ukraine is desperate to increase their output...

GP

Wide,

This is Ukraine. Which is highly preferable to Russia, especially post new drilling tax regime....

This is a much better country to operate in than Russia IMO.