Member Info for Jollifant

Aspers you are welcome to your negative views and your right to air them but airing them 3 times since Friday suggests to me a deliberate de ramp in order to get your hoped for 3p re entry. Unpleasant but that's the modern world.

Aspers that's your third post repeating the same mantra. There has been no delay RNS. Heron is on track. Other positive news in the RNS. You sold at Fridays low and now dismayed the sp recovered to 3.9p. Your strategy is so transparent.

Very misleading! Heron is going ahead as the gear required is already in Mongolia.

Only further well drilling is delayed by Chinese travel restrictions.

Just read the RNS and it's 90% positive! Heron production on schedule, DQE involvement could be mega, just a delay due to Covid to drill further wells. Farm in still a possibility but not required. Awesome! Typical AIM gut reaction without fully digesting the RNS.

Market sentiment counts for a lot. BP also down 3% today. Problem here is the oil is in the ground still and not being pumped out yet. News needed on this front.

Because of the geo political crisis and the negative overall market sentiment it brings. Be interesting today to see which prevails here, the big drop in the markets bringing the sp down or the big jump in oil price moving the sp up.

Too many sellers again once it reaches the high 4's. Has happened many times recently. Can't see it breaking 5p until the good news arrives.

Can't break 5p. Gets close then retraces. Blame todays drop on Putin or/and placing shares? News any time so not tempted to sell either way.

So the exploitation license counts for nothing? Petro China can pump oil out virtually next door without problems and with the necessary infra structures in place?
Smelling a rat here. You were bullish until 2 days ago. Did you sell and now sowing fear and rumours?

The bigger question is why are you selling now and at a large loss? You bought at 4.92 last week and sold at 3.94 instead of being patient for transformational news. Great trading strategy!

Pure guesswork. Nobody knows when the RNS will arrive. Nobody knows what Putin is planning. Irony is markets and Matd down on the fear he will invade which only pushes the price of oil ever upwards.

Don't worry, they have dropped it on virtually no sell trades. Such is their way. Will recover just as quick.

Dropping it on every little sell now. Such corrupt bar stewards they are. Nothing much honest in the world these days. Will it hold any of the 18% gains it made earlier today?

Todays action has been quite shocking even for Aim. Buy after buy, some large, this morning and no sp change. Now even a small sell and they drop it.

Its 1.9 to sell but they are too lazy to change the bid it seems.

There have been 1m share sells in the last 20 minutes causing the drop.

NOT 2 big sells! That's why the sp didn't budge. Simply a share transfer, probably to an ISA account. Not enough liquidity here to sell 2m at 1.80 followed immediately by another sell of 2m at 1.81.

BTC i wasn't suggesting GGP over Andromeda as a JV partner. I was merely pointing out that Andromeda are not a major. GGP rocketed because they had a JV with Newcrest who are a major. Yes the appetite for junior miners is cyclical but when will it return? Shares like OMI and GGP are 70% down from highs.

Someone else previously posted that Cobr can only raise 25% of their mcap which is now a raise of less than £1M. Andromeda in a JV would match that but how far and fast does less than £2M quid go?

Many Junior Miners are being shafted just now and have been for quite some time, it's not just here. Good grade results occasionally give a temporary lift but nothing lasting. What will lift the sp here? More dilution is coming with 30m extra shares to be issued to the project vendors to reach 75% ownership. This should trigger a JV with Andromeda (who btw have a lower mcap than GGP, so not a major) who will invest as much as Cobr for future exploration. Cobr have nothing to invest for that just now and will therefore have to raise presumably at a discount.

Yes the mcap is low for what is potentially in the ground but all Junior Miners say that.

Well somebody disagrees with you as they just bought 10 grands worth at 1.60.