Member Info for kr1988

Dai its down about 10% not enough, I was hoping for a big crash say 20-30% and recover a bit during the day.

Its never strait forward with these companies, do a flow test then bang on a well head and start flowing the gas ASAP ideally within a week or two.

Seems too many hurdles and in all honesty most wells wont be commercial but they are spun to sound positive to maintain the SP.

I’m not sure, does it say how much they paid for them?

Gex really isn’t going anywhere right now I thought it might if recovered but it can’t seem to shift past 9 pence

I think its a buy and sell, its quite a big gap only 2 minutes apart (unless its a delayed trade).

With trading its hard, 88e we both felt it would go higher so didnt get out at the peak, same with MATD we thought fully funded the SP would fly but it didnt... Do you maybe have to set a target say 30-40% and walk with the profit and not look back. It could double but like you said its been getting tougher the last few years so being realistuic still gives you a good retur.

I brought Pred after bad news dropped, currently Im down about 20% but since then they did a fund raise, I thought the update which was a duster would be a good time to buy but then more bad news dropped so its hard to buy the bottom. They are drilling in January/ Februrary time so should recover by then its just a case of holding. I dropped out of Panr too quickly when it dropped or Id of been up their.

I think Horults idea of waiting 3 days after an rns makes sense.........

Oh right I get you yeah, log in at 8 and watch it drop do that fior a few minutes and it swill always be lower.

The threat like you said is that maybe they wont give you your money back thats a real gamble. I guess you need to maybe open an account, put a tenner in do a few trades then take your cash out see what it does. If it works then great maybe a bit more but this sort of thing I wouldnt recommend you putting a grand down on that sort of trade so maybe do small trades like a hundred quid for a 40 quid profit.

That first video the trading looks fun but the issue is you make 40% on a win or loose it all on a loss so based on odds your gonna lose more than you make

Money with Zeph is complicated, they got the recent drill done for free as they had the insurance pay out. They generate money through their other wells so in theory shouldn’t need a raise but that’s in theory. A joint broker suggests they are going after money so I think a raise is due.

The wells currently flowing I’m not sure how close they are to the paradox wells so not sure if they can share a plant or if they need a new one?

The investor has been taking along time to part with their money, until we get an rns is be cautious as a new broker comes in whilst negotiating with an indervidual just seems a tad suspect. The sp has been dropping recently so are shares getting firward sold?????

When that indervidual investor signs I think that’s the time to get in, prob pay a bit more than the day before but least the risk will be reduced and you don’t have to worry about so many surprises ( they may delay drilling if the weather is bad like last year so something else that could push things back a few months)

They had two good days didn’t they? Strange as no real news but I guess it’s due to the sp being so beaten down that’s it’s getting back to a more reasonable sp

Yeah I wouldn’t any to buy into Zeph until the money is in the bank. You raise a good point about the joint broker, that’s only their to raise more money let’s be honest…..

Maybe instead of going with the private investor a raise will be done instead? Least go in g forward they keep control of the full assets

I can’t see anything happening now until next year so like any share it will drop, last few years it’s recovered in January in the build up for the new drilling season but not sure……. I worry heron 2 is a duster and 1 isn’t achieving what it’s meant to and more bad news drops

Zeph might be a safer play once the money is signed off

Ill be honest I never watch the price, if Im honest Id rather it be low as its cheaper to fill up the car :)

But if im honest I think it will stay low now that USA is going to get drilling, the more oil they can pump the lower the prices will be so I think it will stay lower depending on other world events.

I think the difference is master card/ visa charge for a service which is fine and they dont give a back hander to the retailer which is what happened with the card dealers.

This is fundermentally different.

Yeah thats what I meant Dai lol

With low volumes and share in sticky hands it can cause the SP to shoot up quickly and a day of NT to buy.

It doubled in sp the other month on another company getting a mining licence so yeah deffo get the licence and it will fly. Prob one of these whee you can buy at 8 and sell at 2 the same day for a huge profit

I’m holding off rebuying back in as we’re not expecting news now until next year, this will drift over the winter before coming back to life early next year.

As a trader better to sit on the sidelines and wait. I understand the fundeementals but this is aim is all about sentiment and excitement.

It’s all politics, they want us to all be driving electric cars within 5 years. They have the technology to create mini nuclear reactors however the red tape will stop the uk getting them for years as many people will oppose them.

This is the issue, the last two years its risen in the new year so check the charts youll see it rises in the new year in anticpation for the news on the drill programme.

Hmm it is strange how the SP moves on such low volume, maybe its down based on the buys and sells over the last few days.

Legal its gonna be a long cold winter for MATD. Were waiting on next years drill programme now so this is gonna drop further over the next month I think. It usually starts to lift in the new year as people get in for the new drill programme so Id wait until around Christmas to buy in.

I saw your post about funding. I think they have a bit left as they havent put Heron 2 onto production so thats saved a few mil, I think however they will need to raise more if they want to do an aggressive drill programme next year. With Heron 2 not flowing as expected they need lots of oil to fill this new refinery so they will need lots of wells next year to feed it.

Deffo one that will reciover just give it a few weeks and you can pick your self up an early boxing day deal rather than an early black Friday deal

Yeah I just dont think something is right with Heron 1, they should be jumping with joy its been getting such high bpd but I think it needs further work to get it to a standard to produce long term. Surly the gas can be sold so can they not bottle it and sell it?

I agree Horult, would of been a nice trade buying the drop and playing the recovery lol

This share will drift now until the new year when it will pick up, the fear as Dai said was the placing so its a case of buying around that where possible.