Member Info for Hitou

Massive rerate under way. Can see £1 this week

Still a ridiculously low mcap

Wooooshe under way as we speak, still as lot more to go. Gla

Asked chatgpt about anything positive regarding Iraq. This is what it replied with

Key Updates & Positive Developments

1. £250,000 Raised to Time Opportunity

Petrel Resources raised £250,000 via a share placing in March 2025 to bolster its working capital and pursue new oil and gas opportunities in Iraq. Improved security in the country and potentially enhanced contract terms make this a timely move.

Iraq Business News

Energy-Pedia

TipRanks

2. Improved Security & Market Conditions

Better security conditions across Iraq, combined with more favorable global oil prices, strengthen the outlook for development opportunities. The company is positioning itself to engage in pre-qualification discussions with the Ministry of Oil.

Iraq Business News

TipRanks

3. Proposal for Relinquished Block from 4th Bid Round

Petrel has submitted a proposal to assume contractor responsibilities for a relinquished block (Block 8) from Iraq’s 4th Licensing Round. This block—covering 6,000 km² east of Baghdad in Wasit and Diyala—affords Petrel a foothold if contractual and financial hurdles can be managed.

Iraq Business News

+1

4. Opportunities in Gas Flaring & Merjan Field

Petrel is exploring early-stage opportunities to recover flared gas and associated liquids in southern Iraqi oilfields—an initiative that could reduce costs and improve environmental outcomes. Meanwhile, its updated development proposal for the Merjan oil field remains in play, especially as authorities might now be more receptive.

Iraq Business News

+1

5. Official Interest from the Ministry

The Ministry of Foreign Affairs in Iraq recently solicited Petrel’s input on how to de‑bottleneck exports and increase oil and gas output—a sign of potential governmental receptiveness to their expertise.

Iraq Business News

Overall Outlook: A Positive Signal

Taken together, these developments paint a cautiously optimistic picture for Petrel Resources:

Strategic Capital Injection gives the company the means to pursue tangible opportunities.

Better Conditions & Government Engagement enhance the feasibility of advancing proposals.

Active Submissions & Technical Proposals—especially for Block 8 and Merjan—highlight Petrel’s ambitions to develop its Iraq portfolio.

While regulatory, financial, and infrastructural challenges remain, especially around licensing and capital intensity, the trajectory appears positi

With only a small free float available, and a lot in sticky hands already,a positive rns on Monday morning would trigger an almighty scramble that could take out 3p comfortably. The mcap at present is so ridiculous considering the gold play and the price of gold. Gla

Don't think it's worth trying to grab 10% or so Monday. looking too promising here. Think there's a few bags to be had from here yet. Gla

One decent rns next week and this shoots to over 3p. Momentum is the key. That's a 10 bagger from today's open. And that will be just for starters. Gla

As I said yesterday, this has got the potential to give one of the biggest wooooshes ever on AIM. And yes I am even more happier to be in now. The wooooshe has only just started. Gla

So potentially this could give one of the most dramatic wooooshes seen on AIM. I'm in. Gla

Grabbed a few under 32. Gla

You're cheap

Hopefully kick start the sp back towards 2p over the next few weeks

It's a signal to get in before it rockets lol

Hamak gold holds £1.7m worth of bitcoin and has a mcap of £30m. With a mcap under 500k here the potential is undeniable

With such a low mcap and becoming a bitcoin treasury co, this has got to have the potential to multibag rapidly compared to the likes of coin and swc

Could see a 100% day tomorrow. Gla

Chip maker spending £20m , miners on board, this could be more explosive than swc. That's the punt.gla

Just topped up, end game approaches,get the deals we are hoping for can see sp at 50p minimum. Get no deals sp will be as good as 0p. Gla

The enormity of yesterday's news beginning to sink in today.

I'm waiting for 50p a share. This is gonna be just massive. Gla