Firering Strategic Minerals: From explorer to producer. Watch the video here.
Volume is non existent. Remember not so long ago multiple trades in 100k blocks daily. Tiny trades and not a lot going on now. Imagine if the company capitalised on the volume and interest over the last couple months with a few snippets of news/updates to pique interest this would have blasted through 300 pretty easily. Oh well
Approaching the point of throwing in the towel here- exactly what shorters want I guess. Oil still near $77 and this being a total dog as usual like most oilers tbh. How and why this share performs the way it does and why shorters keep increasing maybe will find out soon enough. Honestly thought this was a decent company with great prospects and ripe for a recovery with oil industry in midst of a recovery. I was extremely bullish not so long ago. This share has actually been nothing but depressing. Maybe some news soon. Mind you being saying that for 3 months!
This is a great company and share and I have been around for years but am thinking that without news this is only going one way. Tempted to sit out and let this soften a bit but the potential here is massive. Silence from BOD might be good or bad but its eroding the share price
No surprise this is down again, absolute disgrace. This will be 20p before management do anything
i'm out, enough is enough for me with this share, drops even with oil rising. Taken a small loss. GLA
I've given up trying to analyse this share and concluded its just a pos. Oil up at $77 and this just casually drops 4% for no reason. Shorters know something as they will not let this share price rise for anything no matter what. I am still holding fwiw so not deramping. Just actually don't much like this share anymore
How does it work with this share... is it the more oil rises the more this share drops lol. At $100 oil this may go sub 30
Agree. Held on thinking this is overdone however oil at $77 and not even a hint of a bounce. 25k boed forecast this year. Balance sheet not strained. Just a shame this share and management are a total disaster. Has to be one of the worst shares on the lse
Hey Albinio, looks like just you and I on here mate! I have also been searching around for news but not seen anything. The constant depression on the sp looks a little ominous to me as it is just keeps dropping and is hit down at any attempt of a rise. Everything to me indicates this is a decent company with good growth prospects. Cannot understand the weakness, will just have to suffer for now
Thanks Ocelot. If Putin says its ok i am inclined to agree with him. Iraq would be daft to cross him. Hawkey, rightly or wrongly i trust the management and sit tight for news flow. They have done well lately. Still get frustrated though lol
Because of no news Hawkey. I know people will say that's because there is none to report.... but, how can that be when there is countless things going on with imminent drill results (said weeks ago), multiple exploration, gas partners, somaliland, taq taq drilling etc etc etc. They really had the markets attention from the buzz and excitement and i'm so surprised they have not seized the opportunity. Was expecting thick and fast news post the last results amongst all the positivity and has been nothing
Gold/Silver prices up and this is still dropping. God knows what is going on, just will not stop falling this share
This share is beyond a joke now. How can this STILL be dropping
Holding a few i bought in around 33p post the recent drop. Surely something is up here? This does not rise no matter what oil does just follows it down. Oil at $75 seems ok for Enquest but this is seriously underperforming
Good god this is a dog of a share. Even with oil up and market up this cant even break 50p after a 30% drop, not even a bounce. Absolutely horrible share. Teach me for always being attracted to beaten down stocks!
How can there still be no news on anything?! hmmm
Hey guys, anyone hazard a guess why the share price seems relentlessly week here. Russian fall out seems to have blown over. Metals doing 'ok' company seems to be doing pretty good. Just any rise it falls back. Wondering if anybody had any views? tx