Member Info for kr1988

I had that with HE1 when it multibagged the other year. I had about 600 invested but when it tanked it was worth like 20 quid after fees id of walked away with 8 quid so I left them and they ended up multi bagging and I sold for about 300 so whilst I didnt get my original investment back it was way better than the 8 quid offer lol

It sounds good dai, we could release ‘gold coin’. Backed by top investors (us lol)

I think the tax losses are key, any profits they make will be off set by the losses so it mans they wont pay tax initially improving their top line.

I dont think its a great field but better than nothing and keep the company going for a few more years.

Legal if I recall didnt you have a really good year last year? I thought you had a good run earlier in the year?

This explains the wax issue Dai. It ppears its not in the ground but is formed getting pumped from the ground into the pipes which then get blocked so this new technique reduces the amount of wax thus stopping the blockages.

https://jacm.scu.ac.ir/article_19171_4c3d6ea9ee2cce76830fb11c2a5ca433.pdf

Not sure either Dai, I think they have brought it for when Morocco is duster they have something to fall back on. I think T &T will produce 200 bpd so only small but I guess enough for the company to tick over for years to come whilst they decide what to do next,

The wax they think it swill work but like you Id think it block the oil not let it through, hopefully they will explain it more on Thursday night.

I think your correct legal, also its upto the inderviduals to tell the companty they have sold their shares so if a TR1 was say a little late nothing the company could do so wouldnt get in trouble. Sometimes TR1 never drop so I dont think they are that important other than to other share holders.

Not looking good, be good to see what the next steps are. Will he thrown in the towel?

Horult are you still holding here?

Yeah deffo they only tell you what you want to know.

Gex will be worth a trade but not until they get the permits. Once they drop the sp will take off, who knows by then you might be able to pick up shares sub 4 pence!

It’s took a real thumping today, I don’t know why it’s dropped so much dai. I guess no one is buying so the mms are dropping it to entice buyers.

I think those days are long gone, it seems now you have to buy on the lows and sell at the peaks, a few will of got in when it dropped to around 2.5 and they will make a good return ( about 50% to date) which beats the banks by miles. I think you just have to try and compound your wins.

Make 2 or 3 20%-30% gains and yout pot will build up over time. If the market does go back to lke it was before youll be a real winner as youll know the game others are learning and makes killings whilst the market is boyant.

I think its the T&T del;ay, they are suggesting the MOU5 is delayed too.

Potentially a trading opp but I fear this will drop back further but we will see.

I think the presentation on Thursday will be key.

Thats crazy it did that, shame we didnt see that one.

I watch them a bit but they seem to of rallied already on the expectation Trump will bring in these regulations and stuff. I think for now they have peaked and will drop back soon.

Dont we have a rig hot stack at one of the sites? So moving it to MOU 5 should be quite a quick process.

I guess if they got in when the sp was like 2.4 getting out at 3.5 is a good profit margin with very little risk.

They went through in seconds of each other, that must of been a bed and isa maybe or a buy and sell for tax purposes?

Yeah you have people who will be gambling on the results who will prob buy around 20 days after flow testing started to catch any spikes on good news.

In theory yes, if the drill goes well and completes the SP should take off as like you said they had a good rate already its just hitting the new resourve that they missed last time. As long as the drilling goes well the rest will be fine but tbh ill prob be gone then as you never know until the rnd drops so Ill leave whebn the drilling is complete. I may leave some on the table but wont remain too deep.

This update reads like they havent had much buy in for the funraise so tey are trying to suggest all is well with Cinemax and not to worry. In truth your throuwing money away as when this doesnt work youll loose all your money.

Only the brave will be buying in during this raise.