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So just to confirm, as no one here has replied yet, do we need to transfer our shares to AQSE calling our broker or it is done automatically?
So just to confirm, as no one here has replied yet, do we need to transfer our shares to AQSE calling our broker or it is done automatically?
RNS of Carnavon Energy is on hotcopper webpage . Rig is currently being mobilised to Buffalo-10 location. GLA.
Trades for 25k was a sell and 40k was buy.
Strange, any explanation that someone can give about this?
The comments in this bb are like from a comedy movie. People talking about oil hitting 20s and 30s. Lmao.
I think the market has become nuts, and I dont mean only in this share but in general in the oil and gold industry. I cannot wait for institutional investors to step in the sector, so far all the attention has been given to crypto and tech stocks, we are either very lucky to have such a low entry or we are damned and yet to see another crash in the market.
Just based in the maiden gold reserves this should be double Mcap. And that is without taking in consideration that they are processing gold genereting cash flow, the equipment at Kilimapesa, the two drilling rigs they have, and the operation they have as a whole, and the acquisitions.
For all I know is that those who held during the market crash in 2020 had better returns that those who sold and bought back.GLA. DYOR
Pure Ice, something good must be brewing...
And yes they were all Buys!!
Long delays are part of the oil sector and quite standard IMO, the chance of commercial success for Cameroon well is 80% which is high for the sector and really good, making this a potential multibagger. DYOR all the info is in Tower resources corporate presentations and webpage.
Ofc there is always risk and uncertainty like the approval from the Cameroon Gov, but on the RNS: "Tower resources believe that the conditions for the approval have been met, but is yet to receive a formal letter..."
Lets see how things will unfold...
I agree, patience is required here. Once RNS comes with Beluga 15m$ farmout deal they should set out plans to spud Q1, could generare cashflow of 130m+ per year, when you compare it to 7m Mcap you can see the upside potential.DYOR
Well...Jadestone did also received the rig late for their operations before, so I guess this kind of delays are quite normal in the sector
Results in february.... pfff
Would be funny those that sold today and then we receive news monday, tuesday or even wednesday as they need to write the RNS. I am still on blue and very confident on the BOD, so this drop is no problem for me, but I know a few who bought at 4.20p and 4.30p.GLA
Trading in AQSE requires you to call your broker by phone and put a sell or buy dealing, which is almost instant, but you will pay a higher fee for the transaction. I am at HL, I believe the fee is between 20-50 pounds.
So once we get our shares moved into AQSE I believe we will be able to trade them calling our broker.
You can tell he is not invested here, he is a shorter. One thing is to write your opinion about the company, but another thing is create a new post every 1 hour bashing the company and bull.****ting. It has become very annoying as creating a new thread every 1 hours is spamming....