I did think that and didn’t jump in, I was guessing maybe a Friday pump and dump. If you brought on the lows that gave a 25% profit in a few days but most will be under water massively
I think it’s unrealistic, I read that car tax goes up in April that’s gonna hit the average people in the pocket. They do anything they can to raise money from average people
So Zeph are now almost 3 weeks into a 4 week drill, the 30 days is up circa 18th so I think we will see some movement back end of next week as people take positions. This seems a simple drilll so in theory should give good news when it drops so might be worth riding the fomo and getting out before results drop incase it’s not good or least derisk
Well the quicker they dump the shares the better, as Legal said it seemsd to have a good following, I wish I didnt invest now but im stuck until the SP rises quite a bit.
I watched this last night, this is a real trading opp, if the acidisation doesnt work the sp will tank so be a good time to buy in before production starts. If the acidisation is a success then we have missed the 15 pence range.....
Thats really not good for ALL, it sounds like the major investor wants to hold off for prices to recover (if ever).
They investor losing 40k I really feel for them but sometimes you have to be very careful with aim as it can go both ways so investing huge sums is a real gamble.
Today Dai we nowc have approval to drill on that land for the next 10- 20 years, before we had a 5 year agreement in place so this is now long term security. The chinese we need an agreement to sell our oil to them thats what they are waiting on next to actually sell the oil.
This investment gets worse lol Im about 40% down thankfully I didnt put a huge amount in.
They have a history of missed deadlines so fingers crossed this drill goes ahead. If I can get close to my buy in prive (7 pence) ill sell and walk away.
Dai watch with this as they say they are going to do something then no updates occur people presume its started but its been delayed but no ones told for a few months. If we get to very late feb early march and no updates consider selling as ive seen it before when they say on a Friday they are starting Monday only not to start and still a year later delays have held things up.
The company has a market cap of 2.8 million so 3.1 it will hold more money in cash than it does have value so the sp should rerate the next few days. I’m tempted for a quick trade here….