Member Info for jockosjungle

18:28 I'll curse my risk averse attitude I'll admit, but if a stock can rise like this on a drill permit, that will be months from actually getting results, it can slide just as easily.

The reddit crowd are easily excited and easily spooked in my experience.

I sold out at 2.50ish. Not sure what it is about this share, people just seem to get more and more excited based on very little.

Went to 4p last year, we were literally waiting for a big announcement.

It's now managed to get to 2.75 based on filling out paperwork to maybe start work at some point.

I'm not sure why it's getting so pumped (unless you weren't here or forgot last year) based on this, long way to go and I imagine it'll slowly drift around as people take profits and realise 50p a share isn't imminent.

I could have made a bit more selling today, but it's a risk too far and happy with the profits I made. Its an incredibly harsh environment and much can go wrong.

It's not the huge rise to riches, I'm sure folks will make more than me, but I live in a funny time zone, and I dislike waking up to see my shares have tanked 40% and having missed the boat to sell.

I bet there are loads of folks who bought in at 4p.

But good luck to all of us, I think I'm comfortable at any price under 2p.

As always DYOR and small oil explorers are risky, never buy more than you're happy to lose

22:27 they've got until COB tomorrow to submit comments, I can't see civil servants sitting up all night to grant licences. I'll also imagine they'll go through the motions of at least considering or reading the comments, I'd guess maybe Wednesday at the earliest

09:11 - Not hearing much gossip in Stanley, Sam was definitely here though, fairly lengthy interview in Penguin News this week with him, not sure there was much new though.

14:42 - Not sure it did drop sharply, if you looked at the final share deals of the day, it was a rogue one at the end that pushed it up, most of the ending price was about 2.2. A week of solid rises, it's allowed a rest day and in reality it's holding fairly steady.

Would have thought with gas prices as they are and Russia with troops at the borders of Ukraine, would have thought the world being less reliant on Putin for gas can only be a positive. Very short sighted (or long sighted) to turn back on the UK as a producer when there is UK demand.

Can't see how you can say 20m illegal downloads then equals a $600m loss, it's not as if those people would have paid for it anyway. My view is that the cinema is an experience, and things turn up on streaming services if you wait a few months. I really don't see that people paying $30 to watch a movie at home is likely to be something people will do long term, just a bit of patience for it to go on normal Disney+. I strongly doubt that these first day streaming things have been a success.

Anyway nice to see a decent rise in cineworld today. With averaging down so much, I'm a little over exposed to it I think, but good to see it going in the right direction.

I've loved the concept since I first saw a shop, 14 years ago or something. You've got to give cards, might as well cost you 69p, what was the choice before that? Even now, places like ASDA don't seem to want to muscle in on it who seem attached to the £2 card. Thing that always put me off (if anything) was the queue round the shop.

Been on a good run of late, I've been buying and averaging down and almost back at break even point. To the point where i think I'm a bit overexposed to it, but can definitely see some decent paper profits, can't see me selling. Can see this going to be a decent dividend payer at some point in the future, will be well happy with 5p in a couple of years at my current average

Yep, like those as well. This stock just shot up 4000% today is now the time to buy it? Nope, it was probably yesterday.

They also like to do an "I was right about the X share price" but they don't write many of those.

Click on the stock ticker on there, about half the articles are "cineworld, the best share to buy" and the other half "don't buy cineworld, you'll lose all your money." Same for most companies, sometimes literally they're next to each other on the news page. They don't seem to have a clue and have very little insight. I like articles like

"How to earn £100k a year in passive income".

Invest £2m quid in a stock that pays 5%

Wonder when we will get an RNS for the news which is sending this soaring? Remember when it crashed to 3 quid? We got the nod a few days later.

Is that really all it is? an update from CRST? Not being funny, but all these builders have given their own updates recently, didn't help their share prices much, can't see why someone else's will.

Is there about to be an announcement about extending a government scheme?

I'd speculate today is profit takers, if you bought at 60p, that's a decent return in a week or so. I'd guess they want out before the actual results for Bond come out, might be worse or better for the share price.

I can't imagine a share buyback is even allowed. Can't see the debt holders going for it, they force them to hedge so can't see them allowing using money for giving value to shareholders.

Paying off debt should be the priority, it would give the board more scope not to hedge production.

I agree. To get rid of the last partner, they gave them a load of shares and a decent wedge of future profits, so long term just to sell some shares and then use the money themselves to explore makes sense. Otherwise they will end up giving so much away over time both in shares and chunks of profits, there will be nothing left.

Seems to be. I think the right move at this stage and a decent discovery likely. Why keep giving away a slice of the pie to partners, makes sense

Only the actual gain would be taxable, so if you sold them for £5 a share and bought them for £2, then the gain is £3.

You could also use the opportunity to offset any losses. Most of mine are in an ISA, so no tax for me

Would make perfect sense for a takeover for someone looking to increase their green credentials, BP or the like??

You're going to see plenty of these US investors looking for bargains, with the £ so cheap against the dollar.

I've not noticed any drills, no more than usual anyway. Just the background noise of endless whingeing and minor irritance we have to deal with. I guess sometimes during slow news days, the media pick up on it.

Bought this as a steady eddy boring stock to get some decent dividends. One of my best investments so far and 20% up