Member Info for Hms687

It never ceases to amaze me the wide variety of top quality posts on this bb. Well done to all of you.

But still, my advice to all of you - DYIR; follow your own strategies; and well, say your prayers

My personal view is that there’s not going to be anything stopping this getting to around 5p by spud. A fair bit of side movement post-spud and then considerably increased excitement pre drill results around Xmastime. Any sign of decent outcome and then well, it’s lift off isn’t it. The sky will be the limit with my initial target going into double figures

Jazz mine is a completely crude and amateur and very rough calculation. Using roughly 2.6p as a low ( I know it actually went a bit lower. 50% made it around 5.2p and not sure what for 62%. But basically circa 5p might be target pre spud is my guess

I would love to be advised

I’m in for longer term but now that we’re into new territory, I guess Fibonacci levels is worth looking at.
I’m certainly no expert but the last time I used my slide rule, I had the fib level at approx 5p

I must admit we probably will see a bit more of a gap up tomorrow and wouldn’t it be ni e if it followed the Fibonacci level

One if the joint brokers - WH Ireland have just completed a roadshow so this will bring attention and interest to this company. You will note from today’s RNS that funding has also been secured to develop Bordersly ( and others).
My own broker himself is comfortable with Mast and feels in fairness but we still lacking wider interest. I did say though that it’s not courteous to say the least in not responding to emails. I will in due course try phoning as well - usually I never give up and like you say, it’s in all our interests.

As an aside I’m so chuffed that a coupe of my other investments are doing fabulous - Medicaleaf - not looking g fir any more investors anymore; and AIM Msrkets Advance Energy Limitef (ADV) - as multi bagger if ever there was one in my twenty years or so of investment

Dyor and all that. GLA

Carnarvon aside it dosent take much to anticipate ADV itself being a takeover target once Buffalo gets to result stage and another project or two is announced.

For me however this would not be over welcome. I see the current management well experienced and competent with a good plan. Enough to sky rocket investor gains themselves.

This is one of those companies whereby the retail investor can themselves make use of a slide rule or a calculator to work out potential gains. Of course some variables along the way such as de elopement of new areas; price of oil: even geo politics. But that’s the way of tge world.

As the wind blows today, we are very comfortably looking at a SP which multiplied today’s by anything between 10 and even 20

Good luck all and start using your calculators - it will be a bit mind boggling, and that’s just for Buffalo

I reckon it’s still a bargain sub 4p even if you’re in only till completion of drilling (around Xmas).
In fact I’d say entry sub 5p is also likely to bear fruit. But dyor and all that - I’m in for longer timescale

Markeyboy, I’m not saying that your question is akin to how long is a piece of string; but it is completely dependant on your own goals and time span.

For example, as part of my strategy I do not have any intention of scaling down at all - only entry point and exit point - currently 2023. I will however consider extra investment inputs, perhaps at exactly the same time others here may be considering what they call de risking. But hey, that’s me and my experience and my individual circumstances ie I dint need to make a call on the money I’ve invested. In fact quite the reverse as I will soon be coming into a new extra cash flow of about £20K which I may invest here or alternatively leave where it is whereby that £20k is easily likely to becom £50k ( it had started as just £10k in another unrelated can i is stock

Please see the repeated post on here by a chap called Saint Tropez. My own guidance is AKREADY guven in this chain right at the outset

I know many like me will be wondering what a good entry and exit point is here.

Personally I’m in to a large extent from the offering earlier at 2.6p and a few additions, the last of which was last Friday of over 150,000 shares. Total at the moment is about 600,000.

When I advise any loved ones then this is the first share I ask them to go into. I tell them NOT to trade but instead find a reasonable amount that they can almost literally forget about for six months - eighteen months. I tell them them that any entry around now sub 4p represents great potential for mid term, and even more so if you’re willing and able to hang around until about 2023.

I guess it’s easy to get carried away but I will be delighted if it just closes 3.65p+

Great publicity this weekend, and we got to thank Leslie Peterson fir that. Great timing and I’m sure more to come such as the anticipated Proactive Investors piece

Should help us with the initial march to 5.2 p

Good luck ya all

I did today send a reminder e-mail to Louis Coetzee as no reply has been received - in fact not even acknowledgement.
I WILL pursue more vigourlessly if I need to

I just bought £5K more at 3.19p approx five to eleven am
But this was through my standard HL a/c instead of my normal broker and flipping taking time to show on my HL ac - but I made a screenshot just in case.

Certainly not for trading purposes but simply as a top up for mid term

I think you got it in one Lowboy. Nobody willingly wants to sell at this level and at this time.

It’s all completion of margins and T21’s. They will all be buying back if not already. It’s an mm’s dream is all this

Sorry correction, Capex if 100 M, but all in good time and only partly raise and would be extremely sought after

An outstanding interview and tbh I’m a bit ****ed off that the many others prior to this were not as clear.
Anyways we do now have almost everything in the open including a capex if circa 1M if good results at Buffalo that would unlock net 17M barrels just of sweet oil. Using working model oil price of $50-55 instead of the current $80 going on $100 ( even 200 was mentioned lol)
Bloody hell I must say, extremely positive

Significantly the volume is barely even a trickle. Now I’m no big player but if I myself sold just a fraction of my holding then the sp would shake like a marackka (is that what it’s called ? )

The point is that the big boys are not selling, just waiting for the right time to buy in big which is what the spud and subsequent results is all about

Lol Jezzac

I think we might have to wait 2031 for £1

There can be lots of good things happen between now and the new year which can positively affect the share price especially announcements of new fields; quality and quantity of oil confirmation; and world crude pricing.

However, let’s say all things are just equal and we just focus on successful drill at Buffalo and results should be in by Xmas 2021 - what would be people’s expectations if the SP in the new year - especially minimum projection ?

Anyone ?

Mine would be 10 pence minimum

Ok MsRant, I’ve just emailed Louis Coetzee about Bordersly. Let’s see what happens

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