Member Info for JPDM

Ladies n Gents

Been on a bit of a buying spree today across a couple of stocks and adding RKH to that spree with a modest top up on 10,000 at 70.35p. Surely there can’t be too many more opportunities at or around the 70p level ???

Best wishes and good fortune to all

JPDM

I think you are probably right on that Buzz.

Best wishes

JPDM

Morning Ladies n Gents,

All a bit quite and thought I would take the opportunity to top up with a few more. 50,000 for SIPP and 50,000 for ISA.

Good luck to all

As always, best wishes and good fortune

JPDM

A cheery Good Morning to all.

A serious lack of momentum is currently leaving us apparently stuck in a relatively narrow trading range of 69p to 75p. Here’s hoping for a little push north during the rest of the month.

Best regards and wishes to all

JPDM

Thanks Tuscany1

Think this is significantly undervalued. I am sticking with a price target of 30p.

Good luck to all

JPDM

Good old ii message board. Actually, while tidying garage I found a box of old report & accounts and amongst them the 1997 and 1998 report and accounts for Desire petroleum! 30 years later here I still am

Good luck all

JPDM

Thanks Gardie, Agreed and fingers crossed

Best wishes

JPDM

Ladies n Gents,

I see this very much as a ‘Political Risks’ stock. Slightly out of my trading comfort zone but charting this I see downside to 3p and upside to 12p. On balance with current SP at 4.2p I therefore see more upside opportunity than downside risk. This is very much governed by any move towards a cessation of the war in Ukraine. I have decided to take an initial tentative position of 100,000 shares at 4.22p.

Again, out of my comfort zone somewhat on this but I have a gut feeling for this!

Good luck to all and my best wishes

JPDM

Hi BB

I agree with Gardie too. I have WTE and ECO in both a SIPP and ISA (I use fidelity). Best to get that sorted as you don’t want to miss out on future opportunities as and when they may occur. Definitely speak to your broker. That’s a solid recommendation to do that.

Best wishes and good luck BB

JPDM

Thanks for the info Shandy. Thank you too Buzz

Best wishes

JPDM

That’s a useful stake Supra, I might have to buy some more!

All the best

JPDM

Hi BB3, strangely my 25000 purchase at 14.6p is still not showing up. Does seem to be an uptick in volume like to forecasted!

All the best

JPDM

Hmmm. Moodyblue, just taken a quick look at PMG and there report and accounts strategy, financies etc and looks quite interesting. Just for the hell of it I have actually taken a position of 25,000 shares and slapping price target of 30p on it.

Back to RKH. I think we have stabilised at circa 70p to 72p base level. Anything less and I will be topping up.

Just a quick thank you to all the recent informative posts, really appreciate the info and the debate, I’m sure I’m not the only one.

Very best regards

JPDM

Ladies n Gents,

This has taken my eye and taking a small initial position of 25,000 at circa 14.6p. I’ll price a target on this of 30p.

Good luck to all

JPDM

Nikb

Dana Petroleum

Best wishes

JPDM

Redwine, I agree with harel

Best wishes

JPDM

thanks for that harel

i guess where we differ is that i see the potential value of jhi with navitas now involved as considerably more than $50m. how do we value pl001 say 1+ year down the the road? with navitas taking 65%, jhi on 35% could a future value of pl001 be compared to sealion as it stands right now? rkh at circa £650m cap with 35% of sealion would make 100% sealion £2b (back of *** packet calculi i know). pl001 with its potential could have a similar value a little further down the line as it were? wte having circa 6% of jhi equates to an indirect interest in pl001 after navitas farmin of 6% x35% = circa 2% of pl001. if at a not too future date pl001 could have a value of £2b then wte's 2% of £2b would come out at £40m. go back 2 years and sealion was not valued anywhere near £2b so this is more than feasible for pl001. so if we draw a line from now to say 18 months down the road the £40m for wte = sp of circa 27p against current sp of 5.5p. 5.5p to 27p is very roughly 5x increase in sp. from memory rkh sp less than 18 months ago was 5x less than it was just prior to current rkh oo i.e. rkh rose from circa 14p to 70p. history does have a habit of repeating itself. navitas and rkh investment drill plan model seems so far to be successful so one could see the same plan being duplicated in many ways on pl001 me thinks. above aside, wte also has an interest in eco and eco has massive potential so again further upside potential for wte.

the above is just my thoughts, time will tell but i am very happy to be holding eco, rkh and wte

good luck and best wishes to you harel and indeed everyone else

jpdm

Thanks harel

Actually topped up with another 25,000, 10,000 for the ISA and 15,000 for the SIPP. Just keeping an eye on WTE as may top up there too!

Best regards

JPDM

Ladies n Gents, joined the party here on 4th November at 238p. Topping up again today at 264p as this still looks undervalued in my opinion.

Best regards and wishes to all

JPDM

JEBR, Good Afternoon,

I think your calculations of approx 4.2%of excess amount applied for being received may well prove to we totally correct

Best wishes

JPDM