Member Info for ivans

oil now around 55, will be 60 soon.
our proven oil reserve in ground has increased in value massively since oil price was $30
good time to buy and sit and relax while we are still below radar.

oil now around 55, will be 60 soon.
our proven oil reserve in ground has increased in value massively since oil price was $30
once licence is confirmed, i believe our sp will explode upwards massively.

good time to buy and sit and relax while we are still below radar

the news is coming. i can see UJO will first rapidly rising next week while EOG and EDR will follow behind.

many are not aware about EDR and EOG as we are NOT as popular as UJO/

time to continue adding quietly in EOG and once many punters noticed our mcap very low, i am sure many will start buying in here and sp may rise towards 3p and beyond.

good luck all LTHs. we deserve it

i can see all 3 will bag at least on Wressle over next few weeks. although i can see UJO will rise up first rapidly as its the popular stock while EDR and EOG will follow behind.

already have chunky size in all UJO, EDR and EOG. will start adding more depending on sp next week

we dipped from 3p and now at around 2p. will take a day or two around this level and then will hopefully rise up (from mid next week) and this time will rise up higher than last time, so we should be rising towards 5p even before news

look at our mcap, its only 9m so far with cash around 6m

or this share will be dormant until 2022?

dont forgot that our Californian asset already producing and with oil price rising, that will be nice valuation uplift to RBD

surprised that we are still 0.6p ???

bought some !!

i got the feeling sp about to take a turn from now. sellers drying up and BOD will want to issue good news to drive sp back up tp placing price soon

i think we will start rising back to 4.5p as next stop.

those wanted to sell have already sold and now looking to buy back in!

would have thought with all the ramping in twitters, our sp rises and stay above 3p.

what happened?

we have a deal, in fact potentially two deals that we initially wanted and after discussion with largest SH, we have selected one extremely valuable deal.

finalising the deal is another matter, where hit by delays due to covid. legal docs, SPV structure etc etc takes time and hence extended till Feb/

delay or not, deal is coming (like Brexit !) and sp will rise significantly higher

in fact, wont surprised me if:

- we may get details of the deals very soon well before the AGM, such that SH can review it, hence make sure you buy in early so that you will not miss the train.
- our largest SH may also continue buying (either him or someone associates with him) to increase their voting right

bottom line, this is opportunity to be adding while sp down on panic sellers!

we are still well below broker target 12p, which will be revised much higher when taking into account much higher oil price !

been waiting for the right time.
thanks for seller, managed to buy at good price.
remember, with vaccine roll out, other countries will be opening the airport soon and majority of WSG business is overseas!

so, lockdown in UK has little impact

i recalled previously we were expecting AMAPA in Q4 2020. then we though in Q1 2021.

now in the latest presentation, BOD are covering their side by saying in H1, which means they are not confident amapa will be resolved soon ish.

so most likely in Q2 (ie around May or June).

that may explain why sp been drifting slighly from top as many wont want to wait till June for the news

may i dare saying MM is aggressively collecting cheap shares and pushing sp down as much as they are allowed to trigger selling and stop loss ?

i used capital from selling in VAST, to invest in SML and RMM. both will give better copper exposure than VAST at the moment.

VAST may bounce up but i doubt it will be sustainable as many are getting out at the moment

when they are here, only means one thing.

they want to buy in cheaper!! which means they can see huge value in ORM from here..

bought another 10k worth in RMM from my stake in VAST which was a waste of time

now time for RMM to rise!

unfortunately i sold on that RNS today
this will continue to drag on and in AIM, many will not want to wait.
and yes, they said we are funded, but without that bank loan, they cant make progress!! so their choice now either do another placing or proceed with bank loan anyway but will be for several more weeks/months for any loan completion.

good luck those still in. hopefully will come good at the end.