Member Info for JohnHenry

HEX has been in this price range for over 7 months, i expected a move into the 30s on production news.

MMs currently bidding 1.8p @ Mid

Yesterdays trade.

If your referring to the 100k its a sell.

Mkt Cap slipping below £100M Including cash. However that cash will soon disappear.

Any placing price will depend on the risk appetite of potential Investors. A placing before Dubhe results would require a significant premium one in which Places could could forward sell @ a profit. Placing after results would be extremely risky for the company.

Looks like today could be clear out day

Always a little unnerving when theres substantial selling just before intended news.

Imho that selling is continuing today.

Going through again today.

When the offer is moving down despite buying, 9 times out of 10 it signifies a line of stock being cleared.

Im not expecting news until next week

PA tested resistance @ 29.25-29.5p once again, No volume or news to drive the price above hence the price backed off once again.

Still clearing a seller imho

Wishful thinking on Farmout anytime soon. They've only just started re processing the seismic for TW 2.

Any Farmout Partner is also unlikely to commit before results are known from Alphun.

Failure at Alphun would result in aJV partner getting much better terms for Kodiak.

Thats a Stake rather than a steak LOL

Market/Investors need to see flow rates before re rating the SP. Aimho

Neutral

Establishing between high 7s and low 9s

Sirmark thats incorrect the additional production will be at the same rate until they have supplied the 4.86 BcF contracted.