Member Info for Jacksdad

680000 shares not selling any. Waiting for dividends

This is old news. Best to look at the end of year results RNS from last month. Then you'll see why this is so undervalued

They are not going to let this drift any longer. News flow has been good and I expect regular updates from now on.

They could stop at A8 now and flow test at 4000bopd IMO.

The field has the potential to be of Tengiz proportions and that field is only 25km away. That field is producing 450000 barrels a day

The consensus from last night is the column of oil is between 140-265m and that it spreads over the whole 58km2

Just so few shares in free float they are going to have top keep increasing the bid to tease them away

18p first resistance I think...slight retrace possible then all the way up to £1-1.50

Between 10-15m seems to be the consensus

Big buys coming in

Bot buying let's see what happens next

And that's why they needed shares...strong opening tomorrow.

Coiled spring, loaded gun whatever...

I'd like to predict that A8 column currently being drilled is 265m in depth. A5 105m - rig not powerful enough to go deeper A6 130m - same rig as A5 Anybody else up for an educated guess?

I agree CC. We've seen more information than ever in the last couple of weeks, making it difficult for the traders to spread rumours intended to cause anxiety.

I don't have the skill to keep trading this share I bought 350000 last month and have no reason to take a penny until The deeps are flowing. I think we'll see a bit of a re-trace at about 18p and even then I won't be interested in selling.

Could always lift the bid and shake a few more out!

Khazaks

I agree, definitely not priced in. The debacle at AST over a production licence may be hanging over Clive. They were only granted it after he left them. Time to put the correct amount of pressure on the Kayaks to ensure that the licence arrives as promised. They can't have a six month backlog hence the depressed SP. Going to be massive IMO.

Nobody taking the bait yet...