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We should surely hear about licence or funding partner very soon for drilling to take place in summer this year. delay on either event would cause the drilling to be pushed back further
Finally a tick up on some interesting buying.
Will we be receiving RNS for any of the above this week? Strong possibility !!!
JA holdings are repeatedly verified as significant holdings. His intentions are not in doubt. Will he achieve s the big Q and we all hope so for our mutual sake.
Double bottom, bell bottom or any other bottom, we need good news asap to get some sparkle in the share price.
Back to square 1 , a typical result of too much confetti
Its a bit of bottom fishing and shifting confetti but NEWS are expected on multiple fronts.
We need news
Lets hope so kever-
Dont worry. it will rise again
It was nothing more than an aggressive tree shake towards the close. 1.5 billion bought against 335 million sold taking out the weak and short term traders. The big buyer is in all the way at 0.028 and I expect more positive action tomorrow. It is also noteworthy that there have been no large sells as the big buyer is waiting for something BIG. Equally, there is every possibility of someone building a stake.
There is every possibility that a stake is being built in the company. Either way we will know soon. this one way traffic of chunky buying will most certainly expose a good story. GLA
Now its in the top 5 risers of the day and top NO ! in terms of volume
Some 20% of the company has changed hands in the last 24 hours knowing that 3 billion of shares will hit the market next month. Some very big news must be imminent considering all the persistent chunky buying. Indeed some are lucky to have bought at these cheap levels.
Certainly not the most impressive performance. At least the uncertainty of shortage of capital is resolved permanently . that's a huge positive. I believe that this will rally from here. Just need some more positive news, such as a JV on storage.
That's a lot of flipping!!!
Bahriaheights- we are stuck in this- I have been averaging down from 0.15. No point in selling at such a huge loss . There is a remote chance that licence and finance will fall in place over the coming months but I do expect more dilution. I intend to wait until all the uncertainties are cleared before i average down any further. JA performance has been a disgrace to put it mildly.
3 billion confetti at even lower prices destroying shareholder value. out goes the prediction for 0.1 pence at the least.
Its a huge mess created by JA and a man with MBA with distinction, its incredible how mismanaged the whole affair is
Kever- stop being silly. You can ask nobody as none is allowed to divulge price sensitive information. Any information/confirmation has to come via RNS. end of discussion