Member Info for kevin0541

Ask not at 2.6

Just look at volumes. They are incredibly small and MMs dropping it on any net sell volume. In other words nobody is selling big time and cause is mainly ISA funding which we all know about. This will swing rapidly the other way when rig date confirmed (hopefully Q1 - which we will know by end of Nov). Remember a few weeks ago somebody bout a few multiples of 100k shares and we shot up nearly 20%. This will remain volatile until something substantive is known, but serious investors should remember Miton recently bought in at 5.2p. As an investment fund of some standing, one would hope they knew what they were doing and would have been well appraised of plans before throwing in a few million pounds.

Because the RNS said that the Super Major has a right to extend into Q1 and if they do, our programme will slip to Q2!!

Why repeatedly mention that rig is currently with a Super Major? Not really important to the rig per se. Probably clutching at straws, but could the delay also be that such a Super Major is also interested in our assets?? Let's hope so!

Could just be the daily ISA, but now down 6%

http://www.newcrest.com.au/media/market_releases/2019/Briefing_Book_Oct_2019.pdf

Slow 'recovery' occurring, now down 1.66%, so at least we seem to have a firm bottom - or at least let's hope so. I am confident that this will come good, as no Board in their right mind would seek Offtake Financing unless they were confident in the drill and moreover, no Finance House would entertain the cost and work of developing a Term Sheet if they too weren't convinced there was something there for them. We really need news on the Rig and drill timetable asap.

No it's not, I have a live feed and it is down 4.16%

We were 31% up at the peak yesterday and ended up 5%. Now down 4%, so no net gain. Games being played by someone, but who?

Down 4.16% now - why the turnaround???

3.5-3.7 at present - still a way to go, but great news at last. Can we hold onto it???

Even DS wouldn't have issued this RNS unless they were ready to re-enter and wanted all ducks in a row. Shame they haven't stated anything about the rig, but I guess that's around the corner now. Everything coming into line and no risk of any further dilution - not that they could below 5p

Is Truthfacory still around and invested? He always seemed to have an inside track and well informed, so if you are still here, please share some thoughts!

All bounced back over there and now at 8.5p on the ask. If you have cash buy now here as it will rebound

Now selling at 9.25p in Sweden on 2.5m volume, so we are well behind.

Agreed Suzy. Either way there will probably be a leak re the agenda, just as previous occasions

Now trading 6% higher in Sweden at 9p. Will be interesting every Wednesday from here on in to see when Kallak appears on the Thursday Agenda

I wish I could say the same - I went small shareholding and big spreadbet, so I am in a massive hole. Still, hopefully the reversal of fortunes will soon begin

Ha ha did you buy? Up 6.16% to 3.5188

Fair point Paul. I only take comfort in the fact that SNPC on the ground in Congo, are willing to keep paying what they can. They must surely have sent someone to see the oil leaking through the plug to justify such action. Up until today I was seriously wondering if that was another of DS' porkies!