Member Info for Kamakiriad

P.O.O Seems to be rising as I watch. Now over $99

And as long as private investors keep selling at this low price they will pick them up.
Guys, you really need to hold onto them, otherwise they will sink to nothing and someone else will get the benefits.

I still have my 1 million shares, bought a little while back so I am very slightly under at the moment. £14,500 invested. I may buy a few more while they are still cheap, as soon as any favourable news breaks these will multi bag.

As long as shareholders keep offloading their investment for next to nothing, Bio or other companies will come along and Hoover them up. Selling low is encouraging the price to dive even further, if you can hold on then do so.

Every time they had another one percent we should say 50p go on the share price by rights.

I think we can see what’s going on here now.

Don’t be too eager to part with your shares and in time they will be worth much more.

A little tree shake, everyone needs to take a breather after a steep climb

NGR … you were saying?
The share price seems to have started fairly steadily, let’s hope it continues and proves you wrong.

I think in a year to 18 months we could see that return to 32p.

BTW, The share prices I quoted for GKP were before they rescheduled their SP.

Does anybody remember the meteoric rise of GKP (still trading) some years back? They were a beleaguered small oil company, unlike us they had debts but were fortunate enough to strike a good oil reserve and went from circa 5p to £3-4.
Once we have accrued some more cash we will have the opportunity to go exploring once again and who knows what may happen.

8p just broken

I’m very pleased it’s increasing but I think it will have to be 100% plus increase for any kind of announcement.

I think you could almost called this somewhat of a break out.

Let’s hope we don’t have to wait too long for that

And there we go my friend, the barrier has been broken.

I believe the creditors want to wait full term and at this point in time HUR aren’t being allowed to pay early. Finances are extremely good at the moment, a very good income on a regular basis, enough cash at bank to almost pay the full debt a good 3/4 months before due date. After that we are accumulating cash after costs, And all required reserves have been met.

I think you’re onto something there.

Highest share price for 12 months, hopefully the shape of things to come.

Cash has increased at the bank due to recent oil sales, from what I understand , under the terms of the debt agreement, they can’t clear the debts until they are due later this year even though there is sufficient funding at the bank now.
As previously water cut is still concerning, however an average of 9600 barrels per day are still being produced making the whole operation continually profitable.