Member Info for Harts

Proactive has also been misleading as yes the SD drill targets are max 8km of piping away costing only a couple of million to implement, but on the conference call Mark said the CPF would need more lead components to increase capacity over 60 mmcfd, not sure on how much that will cost to get the CPF up to 100 let alone 150mmcfd. I'm sure the company will update us on costs once we have confirmed that more gas is there at commercial rates at SD. I'm very confident that these lookalikes will add significantly to reserves at SD but this oil and gas and anything can happen.

I agree good to see the SP holding up so well.

Well with only two trades one buy and one sell in the first 30 mins I doubt the seller is back, there's just little interest on such a good update. I think some new of the good news to come hence the heavy buying last week. This is just a sit on hands job as the company keeps increasing production.

So when do we reckon this operation and drilling update is going to drop? Monday the 27th? Last years was the 28th

No Southmead as no big changes in large investors holdings. There were a couple of weird days where huge trades were seen with no change to the SP which would indicate shares moving maybe across to another MM as if it was large shareholders they would have to declare it. To answer your question no hard evidence of takeover. The increase in SP seems to be driven mainly by increasing buying pressure with limited shares available.... long may it continue throughout our drilling campaigns!

Yes I've been watching the trades and the repeated sells did seem to dry up and did not kick in at 24.5p like previous times. The repeated sells still do pop up but the difference is now we have a lot higher buying volume. If the buying volume decreases we may see the MMs drop the SP again but at the moment the increased volume has certainly done the trick.

It did seem as though the SP was being held down as you say maybe for an ii to slowly accumulate on very little volume. It also gave the directors a chance to buy in. Now it seems there is little to hold this back as long as the buying volume keeps increasing towards results. As you say it seems as though the handbrake has been finally taken off.

I think Daft was showing that the American rig for Morocco would be finished by mid March we know it's at work currently.

Apologies yes Daft you are right first 7 are the lower risk plays I got it wrong. Drilling commenced on the 25th October so will they have done the first 7 yet? That's my question as this rig was planned to do quick back to back drills.

Indeed seller seems to have gone that was holding this below 24 so conspiracy theories slowly dwindling away.

As for the rig I was under the impression from previous RNS that they would test the riskier plays first and if not successful go back to their bread and butter. We sit and wait for the results then!

Nice to see some action, results on Morocco are expected any day now? In my view if they had been unsuccessful with the riskier plays we would have heard by now that they had moved back to the lower risk formations?

Oh dear not one my best decisions, where’s Nickel now? May stop investing in AIM it’s just getting ridiculous.

It’s all good I’ve looked at the last reports of assets and production and understood the potential. I’m in at 9p and holding don’t worry. Just interested how you can cancel trades as per my previous question ....

Apologies for being dumb but how can you cancel a trade once it’s been put through? Or is they just simply not available for us PIs? As when I put through a limit buy it’s either executed or failed? Thanks in advance .

Great to hear that Baron from Twitter is adding, more confidence for my choice in LEK just frustrated I didn’t spot it earlier as per.

Yes that could come any time as well, wonder what deal is cooking in the background with Lek’s 40% working interest.

Absolute tune Woodstock. Nice to see the SP progressing in the right direction soaking up all of Baron investment fund’s selling.

On Monday should be excellent reading. Last top up for me until we see the benefits of the iron ore price and production figures on net debt.

Nickel can you explain the A (automated trades), is that insti’s selling? You always get them with bigger companies like FXPO not normally small AIM companies.

Not a big deal. Probably just taking some profit like most would. MMS just using the news to pick up some more shares.

Great news same old SP action though, every bit of good news gives a pitiful response to SP. needs more volume and interest. Come on Mark get out talking and spreading awareness. Maybe one day the SP will explode to catch up with a more realistic valuation.

Bought some more today at 155. Still can’t believe it’s staying so low. Needs a catalyst to break out, next financial update should do the trick, oh and theres a nice divi for the year.

Don't know why some would be selling blocks this morning of 50k and 200k. Maybe someone doing a short term trade, anyway long term the bargains have been had under 20p and a great entry price atm.