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looks like sp not rising further, especially as this has done several bags in expectation of fracking news.
therefore, fracking news already priced in the share price.
profit taking and well done to those buy EDR since low 2p :)
flow rate still up and down, still in the process of being stabilised, no need to panic. of course traders will love to create fear as they are buying cheaper.
flowrate will go back up and may be down again, but wait till its stabilise and then they will RNS it.
EOG and EDR will benefit on lifting on fracking ban.
EOG also has drilling coming this month and revenue from Wressle, lower mcap amongst other Wressle producer.
UKOG may benefit, but our cash balance is still low, another placing due?
10p by christmas is possible. IGAS rose 10 bags from near 10p to near 100p and mcap nearing 150m
PREM rose near 10bag as well to near 100m mcap, with no revenue.
so, with ANGS now generating massive revenue, 10p is possible imho
thats because many derampers are desperate to keep the sp down so that they can buy in cheap in here.
even derampers know the rerate potential in ANGS, and hence the reason why they are willing to spend their valuable time in this chat room .
many LTH have been holding here for years, and now is the time to add and to continue to hold.
once short term traders and profit takers have sold and take their profits, expect sp to continue rising towards 3p and above.
we are producing gas now and mcap is still cheap.
how much revenue we are expecting per month ??