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That feeling is called gambling lol.

I agree, I will add here if we get the OK from the SCC, already have enough skin in the game.

Just did a Dummy buy for a tiny £500 and couldn't get a quote let alone £10,000.

I think this is a bargain now anything around 50p is an easy 50% profit within a year, take advantage of the cheap shares who cares if it trades sideways for 6 months it went up to 70p within a week! If there is a deal surely you should trust PW with his track record and business savvy Circle deal. I can’t see any placing being less than 50p. Also take you back to when this dipped to around 30p because of rumours of a deal and it ended up being a fully subscribed private placing. The SP then slowly ticked up all the way to 60p! Buy when others are fearful and when the strong fundamentals haven’t changed. I’m waiting for it to bottom out so I can add some more.

Interim reports were released middle of September for 2017 so should be similar time this year. As you say in the meantime the 24 well programme may be released between now and then.

One word ..... Manipulation. It seems strange that the trading pattern for the rise and fall in April last year is very similar to this years and also repetition of no SP increase on good news and hammered on slightly negative news.

Like the look of this with the upcoming drills. I ve had a brief digest of the last accounts and seems to me they don’t have any production online at the moment is this correct? Other than that they’ve got money in the bank and some good exploration imminent.

Decent amount of buys coming in at the end there especially that 26k one. Bring on next week when PIs have had time to digest the fundamentals over the weekend!

I agree my top ups haven’t been shown on the trade lists good support for 40p. Let the MMs and PI’s accumulate and then tick it up again.

What a day! If the result is as expected on the 8th this is going to fly and we still have 4 more trading days until the 8th that this should rise into! Then Balcombe rig mobilisation and then onto Brockham lots of whizz bang booms Wolf! Better late than never.

Just for you Brooko ...

"Production represents the third phase of hydrocarbon development. This would require a separate planning permission should the oil be found to be capable of being economically exploited. Officers give significant weight to Government Policy to maximise the potential of the UK’s hydrocarbon reserves and conclude that there is a national need for this development."

It's not going to matter for the next 18 months, as the meeting on the 8th and the flow tests will determine what happens with the SP. Hopefully all goes well and this is the lowest we see of the share price.

https://mycouncil.surreycc.gov.uk/documents/s49623/BROCKHAM.pdf

I think we can all agree that Brockham will be extensively flow tested over a long period of time and then if it flows at commercial rates will be put into continuous production. This will require some slight changes to the OGA and possibly a planning permission submission to the SCC for producing beyond the 3 year planning permission. When the flow test is going to happen is the question. Still waiting for my apologies.

Thanks Ibug, I was sure I had read it somewhere. Thanks for backing up what I was saying with some actual documentation. Brooko are you going to apologise now?

Thanks for clearing that up, I class production as post testing with continuous non stop oil generation. The oil that is collected during testing can still be sold though. Don't listen to Brooko he's just being difficult for the sake of it.

Onbeyondzebra, fair comments if they don't need to go back to the SCC after the extended flow test is completed then that's brilliant. I will back up my wayward speculation with documents in the future. I still don't trust Vonk and what he says as he has pushed back the flow test of the Kim so many times, granted mainly due to SCC holding up things. We all want the same thing here and thats for the meeting on the 8th to go well so we get into the Kim.

You have your opinions I have mine. We will see what happens after they have finished the extended flow test at Brockham. Just need the 8th to go well to get started.

Brooko we know the OGA have granted production. Your reply is pathetic at best. Adski has hit the nail on the head in that yes the 8th will give us a long period of time (18months to 3 years) to flow test Brockham but we will have to submit at a later date permission to the SCC for continuous production at Brockham. Will there be lots of oil produced in that flow test? Yes and will it last for a long time? Yes. I’m not deramping I’m just giving the facts. The 8th is the important one to get started at Brockham.

If you’ve been here a while like I have what Vonk says and what actually happens/reality are two very different things. It all comes back to Angus believing they already have the permissions needed for production whereas the SCC disagree hence the meeting on the 8th, otherwise Angus would have just flow tested Brockham already, no? On the RNS on 25th October 2017 Angus reiterate they have all permissions available from their regulators for production but my personal opinion is that it does not mean planning permission. Also in the webcast of the Mole Valley meeting it was mentioned that if this flow test application was successful and the flow test was completed that Angus would have to apply for further planning for production of the BR-X4Z sidetrack. All in all it doesn’t really matter for the next 6 months as the share price will be governed by flow test results at Balcombe and Brockham. In every RNS Vonk will claim they have necessary permissions but why then do they have to wait for this planning permission for the flow test at Brockham. Short answer is because they need planning permission. I don’t think they will have a problem getting it the SCC are just being a pain and stalling everything.

You lot do realise that Brockham is the only one with a production license? Balcombe has approval for the 7 day flow test and they will also need to get a second planning permission for Brockham production after the retrospective planning permission on the 8th for the appraisal and flow test. I'm not trying to deramp just making sure your expectations aren't too high. However if we get any decent flows from either Balcmobe or Brockham this SP will fly.

Yes would love to know the answer to those questions. Last year PW said it was due to a known seller that kept it in that 50-55p range and that they had finished selling. Seems to me a very similar situation so take the chance to build a decent position. It will be let loose at some point to reach it’s true value. Money moves from the impatient to the patient.