Member Info for kempey

Is this being forced down pending an offer for Hav or even for GGP? £58m capitalisation would be peanuts for a major to hold as a reserve and even a medium sized outfit. Just a thought as there is no logic to the no of sells v buys disclosed and so there is clearly an undisclosed seller taking the price down.

Edward...then ask yourself one fundamental question...why didn't you take your profits earlier? Like most..greed!! We are all or most of us guilty of the same. I was 100% up and hoped it would go higher. Only myself to blame. Having said that I'm in for at least 2-3 years to see what the assets are really worth so today's shenanigans are irrelevant. Probably a big seller as yet undisclosed. Sells are being mopped up though so at some time the down trend will reverse.

How true!

Mainly small traders and probably one big seller yet to be disclosed. Someone buying in blocks of 5000 !? Earlier someone selling in blocks of 5000! Strange if they are paying a trading fee each transaction unless MM's have agreed a fixed price with a broker for an amount and are disguising the main transaction by using small buys/sells.

I also disagree...smart money still in and buying although big seller in background at the moment. Company says we are funded until 2020 so no need for placing. Agree 3p will be difficult to hold for 5 consecutive days unless we have excellent news on March drills or another project.

Stop losses not Al's!!!

Only explanation is a big seller in the background. MM's do not have to put full amount on one trade or price will drop dramatically. Good news is the sells are all being taken up but the price will drop as small sellers and Al's come into play. Once the big seller is out then up we go.

Can't believe what I'm seeing. Hope they're not paying a trading fee!!

Mapp for your own sanity I would quit the AIM market. I can only imagine you have lost a lot on the AIM market although your FRR shares are not lost yet. They will most
likely relist in due course. Yes AIM is unsuitable for beginners with little knowledge but I'm not sure what you hope to gain by telling everyone on the board who are already trading or investing.

I make 76,574,218 m shares missing off the books at the moment...on LSE!

2.5 X 1 Buys v Sells and yet 15+% down. Even accounting for inaccuracies there are more buys than sells. Stop losses being triggered can't account for it as they would also show as a sell. Is there a large seller in the background? MM's would not have to account for the sell until all are sold if they sell in one go. If there is then the price has held up well and it may take a few days to clear but should then rise. Most sellers today are short term small holders getting out with as much profit as they can as well as stop
Losses being triggered. If there isn't a big seller and the MM's have held the price down this will rebound sometime this week.

...that the amount of buys has not moved the share price back towards yesterday's close! Where are the additional shares coming from to buy?

Jersey.... No I feel exactly the same despite the drop. This is a great find and the market reacted exactly as expected. I would suggest all serious investors listen to Steve Todrucks analysis on;

https://www.youtube.com/watch?v=N_V62ME3sPA

Very experienced investor and geologist who explains and virtually predicts what has happened today to GGP on less than spectacular news.

The problem for medium to long term term investors is the number of people trying to make a quick 10-20% and bailing on news which is good but not as spectacular. I would like to have seen this over 3p to trigger the warrants to bring in extra cash. It will rise again and already the buying is well ahead of the selling and the MM's are working the system well.

Artemis land surrounds GGP licence. May be very relevant in case of major takeover of Artemis as they would probably take us as well given what we have found.

Mapp you are clearly very angry with those who play the aim game or that the rules allow it. I hope GGP pulls back your losses on FRR though I expect FRR to relist and do well in the long run. I would go and have a few beers and calm down. Short selling is not investing but its allowable within the rules and we all understand that. I don't like short selling as much as you do and all the de-ramping to bring the price down but we have to allow for it. Most of us don't let it get to us. Good companies with good assets usually come through one way or another.

Mapp....i'm not up to speed with FRR although I should be given I have many millions of shares there. Its not a disaster unless we lose the court case which FRR have brought against Hope and we wouldn't have brought it if we didn't think we would win. All investors still have their shares at no value at this point but the expectation is they will relist again. Are you party to any further news? AIM is a risk I agree and the market is full of charlatans and sharks with fake news, ramping and deramping etc but it is also one with high reward. One good deal and it could be life changing for those invested.

Difficult to tell as its on the midpoint. Only the MM's and the trader/investor will know IMO.

My only concern is the comment made in the RNS that all kill fluids in the wellbore and lost to the reservoir have now been recovered. In total 280 barrels have been produced. The well flowed naturally to surface upon the removal of the completion and clean up fluids with flow rates rising steadily as the test continued. But.....it was mainly water with only small quantities of oil of 40 plus API returned to surface and sampled in the returns and this has been confirmed through analysis as Kimmeridge oil.

It has become apparent that a part of the perforated interval is producing water, which is inhibiting significant oil flow and therefore has not allowed for sustainable flow rates of oil to be reported at this time.

I hope this problem can be overcome. I think it effected UKOG at BB to some extent and at HH.

I wonder whether UKOG which seems to being doing well at HH ( judging from the tankers coming and going) will now take an interest in Brockham being just up the road. Its likely the share price will drop further and UKOG are ambitious as far as the Weald is concerned. Not sure they have the money for a total buyout but a large slice perhaps! Equally they would probably wait until the water problem is solved if it can be.

Closing price 1.30p. Not much to shout about given we opened at 1.28p. I am convinced this is going to be slow progress but progress all the same. I don't expect to make a decent return for 3-5 years but I do believe I am seeing the foundations of a sound company being built. A few million shares bought now could well be life changing in a few years time. I also expect UKOG to take out Angus shortly or at least buy a lions share. Down 21% today and the water problem will cost to put right. Do ANGS have that sort of money? We fortunately are taking tanker loads out regularly and 'touch wood' do not have the water problem.

Tom.. An end of day UT can usually be ignored as its not in sequence against the bid and ask of 2.37/2.40. However, the UT algorithm, matches the best bids and best offers present in the price time sequence so I would think we can see a good start tomorrow given that the UT price was well above the Ask and the ask did not rise above 2.41 all day according to the charts. An offer of 2.43 must have been in the system with the MM's at close of play. It wouldn't surprise me to see a 2.43 start then usual drop followed by a rise to 2.48-2.50 unless we have halt to trading RNS or an Hav update on the drills.

Tom...I would expect an offer of 8-10p for the Hav gold project given where we are at the moment but 15-20p if they take the whole company's assets. It then depends whether another company comes into the bidding! Depends then on what GH and co want to take as the main SH's and recommend to shareholders. Greatlands find has been quoted by so many respected journals and companies as the most exciting find to date so I would be very surprised if a major is not in the frame. They would want far more than GGP's licence and find so thats why I think Artemis ceasing trading is interesting. I am expecting GGP to do the same but I hope not until we are well above 3p.