Member Info for Harts

Does anyone think DOR will now sell us their stake in Brockham, because DL has left?

I don't know why everyone is excited by the gas deal and I'm unconvinced until the BOD lay out a proper plan and potential investment with return on investment. What is exciting is Brockham EWT. Unfortunately Balcombe EWT will take a while to get the relevant permissions as we have seen with Brockham. However when we do get to Balcombe EWT, it's going it's going to be a bit of a beast with those huge initial flows that were reported and the fact that it's a horizontal well! Best of luck all hopefully we smash through the previous placing price. We will soon know if the placing share holders are in for a quick flip. The buzz and trading volumes in the build up for Brcokham EWT should get through them pretty quick though.

Hopefully another big volume day tomorrow. I could get used to these 10% plus increases every day!

All those chunky trades this morning at 22p and upwards are buys as I bought more this morning at 22p, yet the SP doesn't budge...

Glad the BOD are sticking to their word. We need improved confidence in what they say. Well done Angus.

Not when it's SDX it isn't. Every good drill result via RNS caused little impact on the share price and no matter how many buys the SP didn't rise. I personally think someone is hoovering up in the low 20's now, but what do I know I would have never thought we would see 30p again let alone in the 20's.

Could be a buy if Furey was also buying at 21.8.

Cleaning up the well starts on the 17th and then they will progress with flow testing.

Bumblebee if this rise is because of you closing your short, I thank you. lol

Indeed think the MM's have been watching your posts. The rise is so big it goes off the scale. Not any big trades to justify the rise must be MM's letting it go or shorts closing/ big buyer in the background.

Haha technically you didn't expect it to get above 3.4 until 4pm lol. Anybody got eyes on the 3.4/3.5 trades any biggies?

Think you better

Oh Bumblebee so nice to hear from you. When this bounces back up to 4p and beyond I will remind you of this post. At least comment with some balance. Yes the SP has been in free fall due to poorly worded comms from the BOD and delays in testing but they have issued an RNS saying they are cleaning up the well ready for testing. Surely this will stop the rot and bring a bounce in the SP? Looking at your posts you aren't even invested so why bother commenting? Still got a short have you? I would take your profits now before it bounces.

I don't think it's fragile, just trying to stabilise and settle.

If you look at the trades yesterday as soon as the bid went to 3.15 100k/200k share sells came in. However today this has not happened only smaller sells of 50k shares etc. I think we have a seller who is nearly completing their offload but that's based on very limited data. Would love to see behind the doors of who pulls the strings and the cause and effect of the SP. SP may stay here for a bit until buying interest for Brockham flow testing moves it higher. Good luck all!

Indeed I bought at 3.19 this morning they are buys. Don't look at the colours on LSE trades always keep some money in your account so you can do dummy buys/sells.

Just topped up at 3.19 found some spare change from another share. Hope this is the end of the MM games and somewhere near the bottom, but now that I've bought in you should probably wait for 2.8p knowing my skills lol! Think the market will slowly start to realise that the RNS was not all doom and gloom. Hopefully we see some site action as they prepare the well for flow testing I'm sure Pboo and the rest of Weald oilers will be reporting on it even if things at UKOG are hotting up onsite as well. My logic is the SP is the result of panicked PI's from vague RNS and MM's have taken full advantage as well as the shorters. Think GL will want this back up over 4.25 for the ii's and Brockham EWT is approaching very soon with no more delays ......... he says with fingers crossed. If all fails we still have Balcombe, still not convinced on gas deal but that's GL's job to convince me.

More delays, sounding like same old Angus instead of new proactive BOD with better communications. Why not tell us the real reason for the delays instead of a waffly explanation, cut the crap and say it how it is. Possible that they are just being cautious and wanting to clean up the well as best possible. Unfortunately I have no more funds to top up at these levels and already too heavy in Angus.

So what are you suggesting a raise to buy DOR out?

This is either the last push down for the shorters before they close and we move back up which the BOD have helped massively by delaying the well test plans. Or Brockham has gone wrong and those worried or in the know are selling at a loss. I personally think it’s shorts targeting and there’s some background dispute or well test equipment availability that is holding us up. My reasoning is that the water was successfully isolated so massive reduction in risk of things going wrong. The price won’t rise until the BOD give a reason for investors to buy also UJO are stealing a lot of the limelight atm.

This is all speculation why would anyone sell their interest now just before the EWT. As you say if this is true then it means Brockham will not produce what was previously thought and this information should be released into the public domain. I agree I think they are stalling but why nobody knows. Also I would like to point out the gas acquisition discussions were released before the plug was set due to the press leak from JTP, so they may just be spreading risk. Either way we need to be updated instead of being left in the dark regarding Brockham. Just flow test the bloody thing already I've been waiting for what feels like decades.