Firering Strategic Minerals: From explorer to producer. Watch the video here.
Somerset very interesting thanks for sharing.
Looking good for a punt here
Might go private
Looking good here let’s see where the price ends up
Jrlomax or schlumberger can be patient and wait till block are producing on multiple wells and sell at a profit. Just a thought ;)
Tarbs probably one of the muppets who sold at 1p lol.
This is going back to flat
1.2-1.4p
1.15-1.35p only down 8% weak been flushed out and smart money taken their shares. I see this back to 1.4 by next week.
1.15-1.3 only 12% down might even end flat
Castle me too but I was close last week. What I believe is next well will hit oil and we will use the sales of that to fund more wells. 1p is a no brainier.
1.1-1.2
Dave like I said I’m only going on a trading and profit making perspective without any emotion involved. The stock at 1p is undervalued I personally don’t care about past posters or what he or she said, I am here to make profit and at 1p with a target of 3p on next drill it is very realistic.
Bouncing back 1.05-1.2 not far off pre news I think the market knows way over sold.
Guys you’re all looking for other people to blame, fact is the drill went wrong blaming other posters is counter productive. The fact is block messed up the drill, not the posters not bh, now they have one last chance to put it right and as a trading perspective at 1p imho it’s a no brainier. Otherwise I wouldn’t be buying at 3p. At 1p anything over 200bopd on next drill will be good.
Jrlomax like I said I don’t blame angry angry long term investors and I’m not saying you shouldn’t be angry, what I’m saying is it looks like the next drill will be a success and as a trading standpoint 1p is a very good entry.
https://www.youtube.com/watch?v=CXdF0gur_IQ
Looks like second well has a high chance of success and generate 6m a year. Either way i have gone in big at 1 - big reward at these levels.
Baker Hughes aren’t the operators there is a difference
Ok now we’ll get all the trolls saying there will be a apocalypse and sell. Fact is we are now at absolute bottom, on the next drill alone we will get a double here, again I’m not saying this is a long term hold but short term on the second drill success which I believe we should get back to 3p; don’t listen to the new naysayers, of course I get the anger of the long term holders though and it’s understandable but on a profit making basis at 1p I would throw the kitchen sink here.
I am merely saying this as a trading opportunity. This at one point will bounce back to 3 pence, then if you don’t want to hold sell out then at least at a break even or profit. But I do have a feeling the next drill will be a success as they have learnt from this screw up. Just my person opinion and I’m taking the risk.
Basically this well has been a **** up but if you read between the lines they have the knowledge to make the next drill a success. I have rebrought in at 1 with an exit target of 3-4p. If you’re a long term holder and want out I suggest you load up at 1 or under.