Member Info for Jace86

Cheers Jimmy - 24mins in if people want to fast forward.

I guess they've guaranteed their ridiculous pay packets for at least another year then...

As will anyone tweeting or talking about the share in general. Potential for a great recovery play but as you say how it will be funded is key. I would hope for a PSC of some sort as surely the BOD must acknowledge dilution isnt the way forward. Especially for loyal LTHs.

Obviously dont throw the house at this or any small/aim stock for that matter. The idea of a multibagger is to make a good profit off what should be a relatively small investment. Not going to withold though that I as much as anyone else does enjoy seeing a 90m+ buy though.

Just sit wait and hold. Indo are keen to re-invigorate oil investment and use the money for their infrastructure and they want the gas for power stations and there is an MOU already in place for that. Its just formality it seems now. If someone is negotiating market sensitive data its likely theyve NDA'd and now wont tell anyone, not even BMD.

The person thats just spent 300 quid buying shares knows this company is going into liquidation...

Bored PI's will regret selling here. Yes it will drop on no news but look at how it rises when news does come out. I'm still in and bought in alot higher than the SP is now and I wont regret it one bit. I have alot of confidence in the team and especially the CEO at Brave Bison.

It peaked at 190% the other day. Would prefer a gradual rise as spikes cause inevitable selling afterwards.

Bladderman - I reckon less than that and it'll climb off the back of it as it means the deal is in the bag. It's why I honestly just hit my head off the wall when I see people sell and take losses. The same tribe then buy in after the news at a much higher price and wont even make their money back that they lost beforehand.

It would be nice seeing those selling for a few pence get locked out though the moment news lands.

Not likely once this is signed off and the next RNS confirming it lands. Then one for the rig being sourced and transported and then drill. All will be done before year end imo. I suggest you keep your eyes on the flop that will be EVRH though.

Too cheap! Shame Ive nothing to top up with!

I've noticed as well this share is starting to attract a few posts on twitter too.

No where near the same volumes as the last week's... when that news comes though I think it'll break it's own records for volumes!

Yes good buy reported as a sell though but looking at the time I'm pretty certain it was a buy as well. The next RNS to land at this company will be a catalyst! Things will move quickly as I put in my post earlier too.

£80K!? Tha'ts a massive amount. Add what you can, break even then leave a good chunk in for a free carry if you set your price higher to get out. All this time and resource may as well bear some fruits for you.

I'd expect it will do this the moment the next RNS comes out saying done deal and its game on and the Alaskan state has had its money. Then roll on winter for the rig - I'll happily drive it over the ice road for them if they want!

I reckon the well will be drilled quickly.

Picking through the RNS the area is only accessible via an ice road so as soon as winter hits this region the work will get cracking. 88e are already assessing rigs.

Within the next month, costs and permits etc should be sorted too. So the performance bond wont be an issue as the well should be drilled way before May 2019.

A portion of the area hasnt been read yet either so it's possible that there may be more oil on site.

Quite alot of positives and not very long needed to wait for them.

If you look at nearby discoveries they found more than initially thought as well so it's possible that the recoverable amount of oil could increase. From here it'd be likely more than a ten bagger too just off initial estimates. 10 bagger from where it peaked on Monday. New CEO with this company that will want to make an impression and move positively.

Given 88e is doing most of the legwork they may as well put into here as at this price the returns they'll generate will be greater.

This has dropped today. Potential return here is just huge!

28k nearly is no short change... This steady rise bodes quite well for sustaining the price and the higher it goes for when that news does eventually land this will boom! Off confirmation for bunga mas fair value here would be about 20 mil.