Member Info for kr1988

Nt to sell right now so appears the sp will start to pull back.

Just been watching the last few weeks and my concern is what will push this up? (Yes I’m invested here)

Last week the drill pad picture spiked our sp a little before it pulled back. We’re due to spud in around a month or potentially less.

The next news will be the drill pad completion, the rig on site then confirmation of the dates the crew fly out and start the spud.

I might be wrong but just not seeing this gradual increase I was expecting to see……

I’m happy the drill pad is done, the rig is within a few miles of the pad again so good news, camp rukwa seems to be so ready so it seems it’s nailed in to drill in a few weeks so why no gradual increase in sp?

Maybe a lack of comms? I can’t believe traders arnt jumping in, I know of the history but easy to double their money in a month and I’m sure we can all forgive the old management team for picking up the wrong rig.

We own the rig too, I’m not a deramper just concerned that we’re not gonna get the high numbers we were hoping for pre results…..

The thing is it’s unfair. They go someone and say give us 10 mil in the next two weeks you sell them 11-12 mil such easy money for them….. no wounder they placings get over subscribed

No I fully agree it’s a real gamble but if they drop the positive rns the share will fly, it could all be rumours as you say

Pp one for you as you like the risky ones. Apparently amigo have recently hired a new head of HR, this wouid suggest the company won’t be going under as they have spoken about recently in the rns.

The sp has been rising recently so could do incredibly well or could go into administration…..

That’s some big selling but even if you make 1.5 pence that’s a good profit on 200k!

If they can raise without the relevant approval it just seems to be a load of rubbish this whole approval process. It seems very much smoke and mirrors but when it comes to it the company can do as it pleases

The drop today was scary and shows you how harsh it can be. I’m sure lots of pis are stuck in here now until it rises again

I thought it held up well yesterday? I must of missed the drop then but still it’s come down today will be intesting what it does in the next few weeks, the next big news will be the rig confirmation and details when the testing will be dome

Dropped today by about 13% strange that it drops a day after a placing rather than actually on the day.

Did a dummy buy you can buy now for 0.35 for a share so potentially big it ticks back upto 0.35 you could make easy money but I suspect right now the volume is low

Just Google it I’m sure someone has made a video of it lol

Wow that must of been done professionally to drag the share down it’s dropped over a penny in a day when the sp started at 2 pence at the start of the day?

I’m going for 13-14 pence before I look to sell not gonna wait round for ages as he1 might take off. They suggested the results looked positive but all companies things are looking good until they announce a duster so not waiting for results with them still don’t trust them tbh.

I got in at around 8.05 this am so must of got the first drop this morning.

I usually try and trade days when raises are done but due to the fact the sp has almost halved since last week I’m gonna hold for a bit to make more than just a few % from a day trade. Hopefully in a week or so this might of increased 20-30% from our current price.

Well it’s a valid question I need the money for he1 lol I can’t be sat there for months waiting for them to test I just need a quick in and out. Right now I’m 130 quid up lol

I guess the difference between a discovery company and a producer is very different.

Being a discovery company you do the odd bit of work but not a great deal but getting it online and producing will require more work so maybe at his age doesn’t want to run a production company as I guess it’s quite boring when he coukd maybe have one final crack at a discovery company.

No I didn’t pay it either…. Must be a reason for that maybe it’s on the uk stock market but the hq might be in a different country which might affect it.

If I’m being honest I’d prob say it’s ran its course Obiously could be a few spikes along the way but I don’t think we will see it touching a penny again.

Morning all,

Do we have time lines for the rigless testing? When will we know if any of these wells are commercial?

Why can’t they buy right now? Why wait for after drilling when it could be 5 times todays price!

If they can get it working 100% in the next few weeks then yes their was a delay but these sorts of things happen when you roll out new machinery so will be good to get it working 100%