Member Info for kr1988

Dai I tell everyone your theory about that and it surprises people, I guess we go for more out of greed. Look at hex legals prob made about 70% really you should bank that and sell up but part of him will say hold longer and maybe get another 70-80%. Whilst I think he will get that it’s not guaranteed and next week hex might drop an rns saying they have lost the rig and won’t dril for another 12 months. We back these companies for big rewards not ‘small’ gains of 20%

For those of you not sure what dais theory is it’s as follows.

If you double your money yearly it really compounds down the years. Example below

5

10

20

40

80

160

320

640

1280

Based on the above you could become a millionaire in 9 years doubling your initial 5k investment. Really simple isn’t it????

I’d of expected a bigger drop if it’s bad news, I suspect it’s pulled back others have got spooked and sold this sending it further down. I’m more confident if an update on Monday than I am tomorrow however I’m never right lol Matd one to watch as it might loose another 20% and become a real bargin when it’s about to get in production in a few months.

Fever who are your sources to this information?

Legal sadly I work for small companies which put the minimum contributions into my pension so despite being mid 30’s my pot isn’t that much (also had a few bad investments) I’ve gotta gamble it will do well to make a decent amount for when I retire. If it hits a duster I’ll prob loose what I made from investing in bce for upto now but it comes off I’ll make a nice return ready to move onto my next investment.

I’m using hl so I have fees so can’t do the beer money trades the others do so really I won’t invest anything under a few grand which is where I’m right now more or less with bce.

If it was bad news, Id expect a larger drop, I think its just people panicking/ derisking at this stage.

Im annoyed with BCE another bad day today, Ive sold most of mine but not dipped into MATD incase the BCE RNS drops and its bigggggggggg I can jump in at 8 and maybe run a wave a bit like matd has gone on over the last two days.

Annoyed Pred has taken off as that was my next stop but theats risen on a rumour, no rns monday and it will be back in my price range. HEX looks safe with such a low market cap....

It rose to 6 pence last year when they did the drilling yet lp lands and its sub 5 pence......

Its all about market sentiment and excitement. Prob be like he1 where it drops massivly until news later in the year. (Id argue a price sub 4 pence will be an excellent buy in, dont think it will go back to 3.5 or below)

I dont understand the pull back..... I think it needs a really positive interview by MB to push it forward, maybe people are concerned that its not as simple as we think to get this into production.....

I can get 2k for 4.51 currently so its dropped again today, I think loads of traders are trading this causing the big spikes and drops. Dai thats a big blow to those big buys! Juist shows even those with big bucks get it wrong.

Would SOU pass up the rig, surly its all binding in contracts???

Note sure on BCE Im currently 50% in with my pension and my small trading pot out and so far irs been right as the SP has pulled right back. I suspect cronic lack of updates...

Good or bad not sure Legal, its binery good or bad so until the SP moves or an RNS lands its hard to say. Someone on the BB suggested their were problems at the start but they demobbed yesterday so flow testing has now started. However were all faceless people on here so do you believe them?

Gold this current spike on PRED is about the rig, from what I understand it either goes to PRED next or SOund energy. If it goes Sound Energy the SP will pull back but from what I understand Sou only need it a few weeks so not a big delay.

Im watching it closly as it was in the 8's on Monday so I suspect it will fall hard if Sou get the rig first.....

All seems too be good to be true even at these prices, I just wish BCE would pay out lol

So basically this will go more or less to zero then they will raise and hope it works in the future..... Damn thats a real gamble expecially as right now most people must be in the red as im sure most brought in the last year or so.

Whats happening here Horult, its had two bad days now, can it get much lower?

I bet the traders are over in MATD right now so pulled this share down. I suspect it will pick up tomorrow for a fomo Friday.

I think 600 was the mean (based on potential flow rates betwen 150- and 900) bpd so thats why they used that figure.

I use this website now for my RNS's so cant comment on VOX......

But MATD has done ok, like you said this was company making so should be multiples of where it is right now. I suspect it will contiue to rise now into production. Im so so tempted but gonna hold back few days to see if the SP pulls back.......

With a drop as big as it was yesterday that must if been someone hoovering up the shares?

This really messes up all the plans for q3, we have pred due to spud soon, char, hex, he1 now this going into production…..

I can’t believe Matd pulled back yesterday, this should be many multiples of where it is now so has some real potential to move forward.