Member Info for jaytee41

Added a few more

The first bit was a copy from the RNS including Colin's comments. Malcy's comments below

The analysis that Zephyr has done recently along with the EGI and Premier, has produced what I consider to be excellent and brings very exciting possibilities for the Paradox. It should be remembered that unlike other basins in the US has much less data that is needed to confirm the true viability of the upside. The analysis shows that both forms of upside for the Paradox make it look not only viable but of significant size.

Zephyr is funded for this process and will be measured in their approach to developing the area but in my view develop it they will. The bottom line is that the area carries way more upside than management ever thought and is therefore incredibly valuable, they are in it for the long haul and are intent on building a substantial oil company.

This will be done in one of two ways, either they will bring in a big partner company or they will do it themselves, it may be a virgin play but they are not short of backers and will not give away the upside. One way or another this company is going to be a very big one indeed, a little while ago I suggested that it might be a ten bagger, I still believe in that and after a 15% drop in the shares today would suggest that after the good run this is an unlikely opportunity to get in.

It's all a gamble this selling hoping it will drop further, so you can buy back in. On June 3rd I was break even and yesterday i was 120pc up, now I'm 70pc up. I'm not selling

They're tweeting every day but someone's selling today - 125p

Seems like a lot of panic selling. Are these people actually reading the report ? May CH used the word cautious too many times but it's better to be cautious than come up with stupid figures like BLOE did

Agree there's a lot of reading to be done. Like you I'm no expert, but there are very knowledgeable people on this board. If Colin's optimism becomes reality then this is massive

Added a few

Why don't you ask them on Twitter. They seem very active on it.

Good progress as expected.

Agree but it must be tempting for those on 100pc plus. So many people have been burned on Aim that I don't blame anyone for cashing in profits. I'm hanging on to mine and 25p - well phew...

Bought a few so lets see what happens this time.

Indeed - Hang on to your shares tightly.

Hope he recovers soon. Please keep us posted.

Good post. Also check out the numerous tweets they put out.

I wasn't in RRE, thought I did notice it fly and that's one reason why I got into Kistos

People are getting bored with this and are selling up.

Agree its behaving like an AIM share but buyers need reminding that Stamp Duty is also payable on buys. So selling and buying back is not so profitable.

Nice upward movement today,,

just added another 50k shares. I don't have 50k £ - yet.

I was tempted to sell but I'm not. The sp rose from 90p to 160p on a newspaper article but at least it's made other investors aware of the potential. Come the next positive RNS, it should fly