Member Info for kr1988

Deffo it felt like a risk but the shorts are closing so hopefully that will help with sentiment. I’m hoping this willl offer a good recovery play and help kick start the year

Just did some reading about 88e, reading through the rns’s they have a free carry on their next drill which is due second half of 2026. Right now the sp is rock bottom but nearer the time it might start to take off. The key element is the people as part of the jv raise their funds. They have until April to get their funds. If that fails then it’s back to square one so whilst risky now good to add back to your watch list.

I’m up 16 % right now Dai not bad for a weeks work.

I’ll be honest I don’t really lol

I invest in here on the way up then jump out and do the same when it drops again. Last year I did very well here and I got in here on the day of the raise so again I’m up here already so a good start to the year.

But ok thanks there are other players in that area so that makes sense.

Thank you

Afternoon all,

I saw the news that they are making progress with the pipe line. At the start who will be supplying the oil and gas?

The only companies I’m awere are us and 88e, neither is doing that great in all honesty so why spend all that money on a pipe line if they can’t get decent levels of oil and gas out the ground.

I don’t see it going up that much a week however if it does I will be very happy!

Hydrogen at commercial levels that will be the big needle mover for this share. Hopefully an update will drop soon

Its sitting just above the placing price currently however a person on the BB has said the following

Just had a message from Freetrade regarding a "special" GM taking place on the 3rd Feb, can't see anything in the RNS. Is it to be announced or was it announced a while back?

Could be to drive some interest in the share.

Thats quite a large discount but if you can buy in at that level their isnt much downside. The SP has been battered recently and lots of bad news. It can only go one way from here, shame I don't have some spare cash.

BlueStar I think the JV was for like 6 million so the returns will be poor but helps the company to keep money rolling in even if they don't do much with Rukwa. It was prob done to ensure the company can keep going even after Rukwa is dropped. It will be a nice cash cow to keep the directors in jobs for years to come.

I don’t like shorters as I think it’s morally wrong but qube smashed this trade. I can’t remember when they brought in but it must of been round the 30 pence mark and now buying it back at 7 pence. Hopefully they will be fully out in the coming few weeks.

Fronteracheckin

Today 09:54

Posts: 723

Price: 1.20

And that's an AI opinion on reviewing the charts so you know it's good 🤓

Were waiting for a bit of news depending on how that lands will move the sp up or down. I’m the interim it will drift up or down gently.

I’ll be honest I’m expecting the next news to confirm no farm out agreement and a drop in gazelle but who knows it will be good to hear an update when they drop their usual monthly update hopefully in the coming days.

Yeah that kind of just stayed flat for ages before taking off, its done really well over the last few months.

When it IPO'd I was tempted to buy but it wasn't a new company so I held off as the sp stayed around the 27-30 pence before taking off in September.

Is the drilling complete and successful? It be good just to get confirmation it was complete and samples were sent off. Just a tweet would suffice after the issues they had before Christmas.

Yeah true lol The issue is it needs to be transferred on 20 odd trucks so to move it around is a huge logistical nightmare. I very much doubt it will ever leave Tanzia. I think it will be left to rot over their to rot and it prob costs a fortune to keep "hot stacked". The only way that will pay for its self is if they do a big drill campaign and do 3-4 wells in a year.

I don’t think they would get a cln again after last time it killed the sp as predicted and I doubt they would raise this close to the flow testing so must have enough money to get by.

It’s taken along time to get to this point, they were meant to be testing last year so it’s quite a big delay and like you said prob had a crew sat round on high wages

Flatwhite I understand where your coming from but its been the same for hundreds of years. Why now is it an issue?

Trump is losing the plot honestly, I wouldn't be happy if I lived in Greenland. If he takes the country, which country is next?

I read that if the USA is at war he doesn't have to hold an election so maybe he is doing this to bate the rest of the world to extend his presidency unofficially?

Fair enough its up another 14% today, hopefully those who brought near the top have the opportunity to either make some money or get out what they put in.

Well the company is still worth 100 mil that’s crazy but thats due to all these raises. I can’t imagine what the market cap was when the sp was in the 60-70 pence range.

Their must be soo much oil up their for them to even consider going after it.

Its had a good run last week or so, as your up now would you consider selling up after been under water so long or are you gonna hold in the hope it goes up further or stays at this level?