Member Info for JSB1989

Cenkos upped their target from 26p to 28p.

https://www.proactiveinvestors.co.uk/companies/amp/news/942210?__twitter_impression=true

I’m happy with a finish comfortably above 4p. Won’t go up in a straight line like it did for the first 90 minutes of trading but should build steady through the coming months.

I think it’s fair to say that the reports on Twitter yesterday about the seller been cleared out were accurate. The man who was part of that investor group tweeted that his target price is 15p.

Expecting to see further holdings increased whilst this disconnect remains. 3200 onshore barrels for £22 million with potential for dare I say 4500-5000 barrels by year end.

Feels like 1 step forward and almost 1 back at the moment especially when HTG and WG had very good days and they’ve been on a bull run too since the vaccines news.

There is plenty of catching up to do but I’m expecting some big swings in the process. Tomorrow looks steadier in the markets at least!

So 14 million shares now tightly held by wealthy investors who feel this is very undervalued. The SP has still moved 30% in recent weeks despite the headwinds. I’m expecting a good day here tomorrow with the seller now gone, Dow and Nasdaq reversal so FTSE futures up and Brent looking very strong at $65. Let’s get 4p smashed tomorrow and then the proper rerate will commence.

https://mobile.twitter.com/bobbyoflondon/status/1364248865273241603

Imo this stock is at least 3-4x undervalued. So much so, I've added another big chunk today as part of a group taking out a large holder who was an overhang here for last few months! Now fully cleared, so hopefully onwards & upwards from here!

It’s been a sellers day on the markets. Once this news has settled in, the buyers will come. I noticed that the target for the well was 500 BOPD net and it’s over 900 net so certainly exceeding expectations with each drill.

The Jamaican asset is the big one and a farm out / down agreement would send us into orbit.

It’s a pretty awful day on the markets so that certainly hasn’t allowed for the news to be digested properly. Profit takers from the 2s and 3s also clearing.

I remember watching ARB at 4-5p thinking what an amazing prospect and just sat on the sidelines because no one was buying. I’m struggling to find any negatives with UOG. They will grow organically, seem to strike oil every drill and have a proven board. Going to keep adding at these prices.

Incredible results. Was looking at buying this morning at 3.45p. Just got two blocks at 3.9p . This is worth multiples in this climate of rising oil prices.

Compared to HTG which has moved over 100% since the vaccine news, there is so much room for PFC to move. Predictions of $70-75 oil is going to translate to very busy service companies in the coming months.

What is testing us shareholders the most is the level of indecision firstly from the BOD which has eroded the price down from 140p to 50p. They could have raised the equity at a much higher price, even with a significant discount in late 2020 at 100-110p which would be double of today's share price. I would go nuts into STX following confirmation of their strategy, whether that be an equity raise and some debt or with a partner.

Yes that’s correct. £100 million hit in May and achieved £200 million in October so 5 months again.

Expect the volumes to really pick up this afternoon as the news is digested and there is further publicity.

There will be a delayed reaction to the news. On the BBC you can see Hvivo only and may take some time for some investors to realise that Hvivo is a division of Open Orphan. Would be nice to see some institutional buying on the back of this significant news and many more contracts to come.

It’s 197,000 tonnes so add three 000s onto the 7 million oz and it’s more likely 7 billion oz have been mined.

Some of the major mines are doing 500,000+ oz per year.

Agreed. Great asset but the BoD are dithering which only leads to further delays in commercialisation. Either raise the money with debt and equity or get a partnership signed up and have the drug to the market!

There was a 20-1 consolidation in the summer of last year.