Member Info for Hms687

Thank you so much OnTarget

Anyways I e taken your figures and amazingly it DOES give a market cap of just £3.5 mill

Meaning that it will become a 150 bagger if it subsequently becomes a mid cap

I mean, bloody heck, 150 multiplied by current so makes it what - 3.25p x 150 = ??? Lots of money lol - something like £4.50 per share

But please dyor and calculations and all that

Cos it all seems too good to be true

Thanks fir that. I had seen that and it’s same quoted in a few other places. Except my HL account where it’s only a tenth of that - £3.5 million

I’d love to do the arithmetic myself ie. umber of shares multiply by sp. Troubke is that I’ve had a look but can’t easily find the figure fir now if it’d shares circulation

Reason I’m petty is that this is actually been touted as a future mid cap - not entirely impossible if further wells and projects opened in addition to Buffalo.
But definition of mid cap is minimum £500 million

Do just think / even £35 m would make it circa 15 bagger!

Can someone clarify what the market cap is please ?

I know people keep saying £35m but my HL account says only £3.5 M

Possibly a big week or two coming up

Good luck all

One thing I’ve learned over the years is to never count your chickens. That’s why I’m holding half million shares here and not one whole million.

Away from all the positives, the only big negative that might be starting to hit about now is the market makers games. The most marginal and merest straying away from schedule or timescale will be used by the mm’s as a massive profit warning like effect and severe punishment to do. Always wise to keep a little cash in case if such opportunities.

4 pence coming very soon if the eggs hatch

Actually, I also spoke to someone - lady called Susan who is a lollipop lady just round the corner
She believes contract will go ahead soon if not later

She wouldn’t effing say when though

I wrote why shouldn’t I ?

Agreed I probably wouldn’t mortgage house, but that’s ONLY because of the wife lol

But half the oil pumped belongs to Carnarvin right ( as per rns). But even so, I just can’t see why I should t remortgage my house for shares here ( even though I hold half mill)

We’re literally looking at a multi multi bagger here after 2023

Ps thanks for replies

This site doesn’t seem to be updating properly in last few days

Anyways, help me :

Buffalo with 95% cos expects 40 k barrels per day of which half comes to Advance ( rest to Carnarvin)

€30 p b is needed for economic ie break even so even at today’s global price that’s hugely profitable eg. Eg very rough arithmetic 20000 barrels multiplied by €30+ and ure easily looking at over £100 m just in first year ( after 2023) - current market cap just a fraction of this

So when will the oil run out anyone - do we have enough to continue pumping for at least a year ?

Is there anyone can help preferably without using too much jargon

RNS re Rochdale acquisition today too

Up up

Thank you mr green - I wer thinking it might be something hugely technical lol

What does cos stand for ?

People keep using the word “Spud”, but what exactly does it mean ?

Shouldn’t be long now before newsflow and subsequent serious positive movements now.

Thanks Topshot for your post at 12.26 yesterday ( Thursday).
Would you pls explain just a bit to a novice like me what an SPA is and when in fact HAS it been forecast to happen
Thanks

Nice bounce- looks like overhang is clearing and we might look towards 16p plus

It’s a broker rollover

It’s very clear to me that it was a rollover- Dane entity that was buying and selling the same shares. I know because I’m ( indirectly) involved.
This is not something fir the ordinary retail investor to find, but en bloc by a broker for his clients. It is a fallout from the fundraise.
I think you may see this plenty if this right up to year end when the SP finally arrives something like 10 p
Good luck all, and as I keep saying, only only play with every penny you can afford to lose

Correction, sorry I meant to use the equation : Y = MX + C. Thereby when C is equal to zero, there is a turning point.

Yesterday in ASX it was 11% down but bounced back up by close to be just 2 or 3 % down. Similiar signs here today though not as drastic

All we need now is to clear the pesky holder who has a hangover. Once they go we’re gonna be ok. All other signs suggest a bottom . Good luck all and as always only invest any and every penny you can afford to lose completely. Dyor et al

We’ve had bad news upon bad news; effectively profits earnings because of delays; bod creaming themselves, but as in Y = MX + 0, this will eventually have a turning point as far as share value is concerned. I wonder, yes I wonder, even the tge mist grim if doom merchants are coming out with their 1 pence or 2 pence predictions

In the words and strategy of Warren Buffet - is this now the time ?

I called it out as a damp squid instantly Friday morning when it continued trading on LSE. The company used the lse like a ***** to create big volume and allow selling into. Helps to clear any overhang.
They knew the Aussies were too savvy to fall for such a truck. Even I topped up a little.
Now resumption of staleness or southbound