Member Info for JohnHenry

Overhang cleared, target price 24p

PEEL has been working the offer down all week to obviously clear the seller.

The 200k was bought from the stock that PEEL are clearing. Aimho

Wrong the price wasnt dropped for that 200k buy. PEEL have a seller and they appear to want 19p. When that seller is cleared PEEL will move from the bid. The seller appeared at the beginning of the week.

moves from the Offer and on to the BID, SP should continue to trend higher.

Agreed but the multi bagging might not start for another 2-3 years. Dead money.

Peeps should know the PA in GCM by now. Massively over spikes on news and then drifts taking back the spike and more until the next news and spike. Repeat and rinse. Things are slowly moving along, but any contracts revenues are years away.

Correction back to 26p

Friday need to exit, then its time to add imho

Looks free to test the ATH @ 24.5p

Fantastic news, MAPA next few weeks. Chart should see an assault of the 25p high.

Holding up well considering all the selling.

by the end of November.

i see Trinty get wacked again today after their 3rd Q results yesterday. What is it with these Trinidad O&G companies that the market rates so lowly.

Tidd disappointed that the company had an opportunity to communicate current operations to investors and it didnt bother. 3rd quarter results are history they were 90% known by the market. What many CEOs especially in the O&G sector choose to ignore that if your going to list your company on AIM regular comms is necessary.

With CERP its more about the CEO and expansion into south America imho.

Support may come in around 12.5p which is a 50% retrace of the move from 8.5p -16.75p

And a month ago it was �10M. Unfortunately the Market gives a lowly valuation to Trinidad O&G companies i have no idea why ?? Bit of a mystery.

i disagree Tidd, there was a good opportunity to bring investors and potential investors up to date on operations. They bang on about being massively undervalued by the market, theyve only recently listed on AIM, active COMMs is necessary at this early stage. Hence the MKT reaction to the RNS.

I think its would have been wise to issue an operation update with the 3rd quarter results. P Baay said in the recent Q&A that they would probably release an update with the 3rds. Obviously decided against it.