Member Info for gregpeck7

Have added 1.5 million shares over last 3 days.

Before flow test results? Ridiculous that you can buy at 1.17 still! Crazy value being offered compared to most of the crap on the market. ANGS, boil , ukog etc.

Exactly this. It was heavily over valued and still is heavily over valued.

I think people are being cautious after the last drill result. That said the market cap is so low now I think that’s silly. Sp hit almost 3p on the last ash success well, which declined quick. But this is stuck at close to 1p. I’m seriously thinking of adding another million soon.

Its a great level to accumulate thats for sure. Tick tock to the drill update.. I suspect Monday could be flow rates.

I suspect it’s the hangover of the big sell that went through at 1p being hoovered up . Crazy value really when you look at the market cap. I’ve added close to 2m shares recently. May add a few more

Highlights

-- Preliminary results from the ASH-3 well-test indicate a maximum flow rate of 6,379 bopd and 6.7 mmscf/d (c. 7,720 boepd gross; 1,700 boepd net) from the Alam El Bueib ("AEB") reservoir during well-testing on a 64/64" choke

This could be a belter. Totally not in the share price. 7m mkt cap. Maria sold. Share buy back and debt free this year. I added a few more today.

Sorry after all the warrants etc its more like 35 to 36m..

Plenty more room for falls..

Its just greatly overvalued. Thats "The issue" here. Current mkt cap is still around 31m which is way too rich.

Err yeah... You got me!

My 5p target getting closer every day.

Remind me, what is the current production level?

So far. Hurtling towards my 5p target. Long awarded dog stock that has defied gravity. Mkt cap still around 34m which is way too high. 10m would be generous. Been well managed but people are waking up to this now.

Well marketed junk right here

Just remember Texas was full of potential too.

We are not telling you the flow rates as they are rubbish.

There you go. Will save you the need for a dictionary.

Gonna see where they go. I just feel the market cap at it around 40p is insane. I’m hoping we get into the sixties fairly quick . These are very tempting imo at this price and I suspect we will see steady buying for the next few weeks

It’s currently at 52 week low. I think there’s some room. Hopefully the new investors will build on their positions now at these levels. Would not surprise at all to finish blue. 24,000 oz exit rate being targeted. Even if it’s only 20,000 that’s still a huge achievement and 24m mkt cap seems nuts

Could be a decent move coming...

Thanks for the updates both. Looks like this is pretty much the floor price... Not a huge free float so I am suspecting a decent move higher in coming weeks. Suspect people will average down and use this opp to fill out their holding as the mine moves forward now at a rapid pace.

Retail offer fully subscribed. Institutional offer raising more than expected. Be interesting to know what percentage of equity people were awarded. All looks very positive to me.