Member Info for JH77

Price action a bit weird to put it mildly! You couldn't make it up!

Anybody able to cut and paste the Phoenix article please?

Will we hit the dizzy heights of 37p today?

Seen this kind of BS before. Somebody flying kites out of desperation to pump up the SP. No factual basis at all.

I realise this is a pure gas play GG. Just using the generic sector moniker O&G. Well I hope you are all right that this is 100% guaranteed good outcome on the next 2 wells. Though that makes the sluggish performance of the SP even more frustrating to me.

I'm getting bored with this share. Whenever it gets off to a decent start a couple of hefty sellers queer the pitch and it drops back again. This then curbs any significant demand for the rest of the day. Its happened on numerous days over the last few weeks . I've heard all the optimistic noises by other posters, and agree that it has got a lot of potential. But none of this potential is showing in the SP. Also...given how crappy the SP stands at the moment, if Southwark fails to deliver I can see this back in the low twenties. And this is Oil and Gas Exploration, so you can't ever count your chickens before they've hatched. In a bit of a quandary here as me money is tied up in a non performing investment and there is no guarantee it will get any better. Even in a good news scenario, what the hell is going to happen? Big-time sellers into good news? No abusive replies please and cries of troll and deramp etc etc. I'm long on this one and hoping to make some money here but I can't see any sign of tangible progress. Extraordinary considering the many multiples of price being generated on gas sales compared with the so called price required to make this field an economic proposition. Makes you wonder where we would be without the major uplift on gas selling price compared to the investment case. The SP IS LOWER THAN BEFORE THE RECENT SUCCESS IN BRINGING THE CURRENT PRODUCTION ON LINE. Bloody daft when you look at how other old dogs are gaining price increases. That's it....rant over!

Surprised the SP doesn't buck up a bit.

Always best to be Conservative with valuation. No point in building castles in the air and then being disappointed.

Hardly a massive drop. Just investors / traders acting like lemmings.

Not a bad idea!

I think that the problem arises because the algorithm is always making the comparison against a moving datum line. So its bloody difficult in some cases to evaluate if a trade is really a buy or a sell by the time its reported.
Very annoying!

I see the bloody seller is at it again. Must be an RNS pending if this is all down to one of the major holders? I wonder if the major trades today which are not labelled buy or sell are buys or are they sells?

Wish I had another 50 k at me disposal. Fully invested now so potless pro tem!

Try buying 2 smaller amounts? I'm glad I did my wee top up yesterday!

With all this cash which is being generated I think it would be nice to have a dividend at some time in the not too distant future...

How about "back up the truck and load up?"

Thanks for that bud..slipped my mind that snippet from the presentation.

I'm wondering will we get an update when the first of the two wells is complete or will we have to wait until both have been sorted? Personally...I'm not going to get all freaked out if activities get delayed somewhat, as has happened in the past. It's pretty normal to have schedule overruns on offshore exploration work, as it is with even straightforward building work or any other kind of human undertaking. Just saying like....

Getting fairly popular now this share. Starting to come up on people's radar it seems. Going to double up my holding now that its generating some traction...GLA

Thanks for the update Sailor