Member Info for Legalwolf

Let's just enjoy the ride - after all, it's been a very difficult (and at times excruciating) last 18 months, that there's a lot of pent up happiness (call it ramping if you like) that needs a release, just like that Helium in the Rukwa basin. Price targets (even outlandish ones) are all part of the fun. And don't worry, the de-rampers will also be out in force as well when it suits them. At least one came out late today.

And I agree, we shouldn't 'stress' about the share price, and it probably isn't healthy to be anxiously watching its every tick up or down, but that's just the way it goes and will continue to go on these BB. All good fun and GLA.

Looks to have bottomed after a prolonged sell of, is going into a period of positive newsflow, and has a gap to fill immediately above it. Potentially nicely setup for a big move up over the coming weeks. All imo and dyor

Tamer - I don't engage with trolls, and if they get too much, I just hit filter. Much easier and better that way. Others choose to continue engaging, for their own reasons and agendas. Again, if it gets too much, I just filter them as well.

As for today's move, I would say that the reason for it are pretty obvious and don't really need any guessing or mystery. This move has been talked about and has been brewing for some time now. There's a fair amount of excitement, expectation and anticipation around Lolworth and Hurricane. The bad news is behind us now and whatever selling it was going to result in has already happened. And so the upside reversal from these basement levels is pretty obvious.

I mean, do any of us now expect the share price to be trading anywhere near these levels in about two months' time when the Hurricane drilling starts? I don't think so.

And no amount of de-ramping or trolling alters this basic equation, and that's what more and more people are now starting to see. All imo

This has moved earlier than maybe any of us thought it would. We don't start drilling until September, so there is plenty of time for the share price to rise. Once folk see this on an upward trajectory, it will bring in lots of new buying.

First target is to fill this gap, which could happen by end of week, but in any case, looks to be a matter of time now.

Then I'd say 1p is definitely on, simply because of the long lead in time to Hurricane drilling, with some boosters to come out of Lolworth during that time as well. Both Lolworth and Hurricane are potential beasts, and will create their own FOMO. I mean, 1p will look ridiculously cheap if they find gold in them veins. Or if they sell an asset and are able to drill at Lolworth.

Therefore, multi bag scenario opening up here, but key is to get in below this gap imo, whilst the opportunity is still there in these coming days. It will move through the gears quite quickly once it gets on the radar of the wider market.

ECR doing a decent job on the comms as well. All imo

I say load up what you can below this gap. Have to buy in small amounts as there have been some ridiculous quotes. 0.49p for £1k just now!

Think this gap might be gone by the end of the week. The interview will likely see to that imo! GLA

My guess is Lolworth samples update, or securing a Rig crew for Hurricane drilling. I think if it was about the Rig sale, that would have come from AH.

Unless.... ECR have decided to deploy the second Rig to QLD as well. Now that would be a Hurricane!!!

Not sure we will see the 8s again now. They have all seemingly been scooped up on this dip. Next move will be to test that 10p level again?

In fact, anything that is below the gap can be considered bargain territory.

Mental - only a matter of time before we close that gap. As for time, look how much of it we have!

Wow - it's 0.49p for only £2.5k now!

Anyone who wants large amounts of stock for the run up needs to start accumulating in smaller amounts now.

Interviewing coming up with AS/AJ this week as well. What positive newsflow is AS giving his thumbs up to I wonder?

Yes Mental - tried 4 times now and getting 0.53p each time. So that's a sign of what is incoming here. I think the first stop for ECR is obviously to fill that gap at 0.5p.

And we haven't even had ANY of the newsflow here!

And we already know that the newsflow that will arrive over the next 3 months is highly likely to be positive for us!

Just been quoted 0.53p to buy £5k. Hurricane incoming!

Definitely ticking up now. Valuable and depleting stock at these bargain price levels will be tightly held, so get them whilst you can folks, as ECR is now one good RNS away from popping imho. And we are expecting RNS to start coming through now as well.

It would be good to hear from CMET as to what the strategy is here. Are they going to wait for COPE's investigation or are they going to take the legal action that they keep mentioning. Both of these options are going to take months before there is any outcome. Alternatively, are they still actively trying to resolve matters with the GSMB, which I think would be the preferred solution, as it would likely be the quickest. I'll also be interested to see what the potential JV partners decide to do at the end of this month. If they walk, then it doesn't bode well, but if they extend, then its a positive sign. All imo

AS has just tweeted that we will be getting another interview with AJ and that he is "enjoying having a bit of newsflow". Why another interview so soon - exciting developments to communicate to us?

https://twitter.com/AndrewScottTV/status/1681245839690461184

Totally agree. Thinking of this as a pit stop, to refuel and put on new tyres, for the next push up. Not sure exactly how long this consolidation will take, but I would be surprised if we don't retest 10p in the coming days, and don't finish the month in double figures. I'm not saying we will get to Zak Mir's 15p in that time though! GLA

"The book is looking the best it's been for months. There's not much left at .40. The markets may finally be waking up to the story here."

Totally agree Dan. The main event - the Hurricane drilling - doesn't start until September and so it's really encouraging that this is starting to stir already. I'm revising my expectations and think the move up will be a much bigger one than even I initially thought.

0.5p will likely arrive here before we get ANY news. So where does it go once news starts flowing? All imo and dyor

I believe we needed a day like today to clear out sellers at these levels. Looking at the volume and trades going through as well, I would imagine that a LOT will have been cleared already over the last two days, and so it's a case now of establishing the new support level. Once that is clearly in, which it should be tomorrow, the buyers can then start taking all the stock again and clearing out the rest of the sellers. After which, we should then be able to prepare for a retest of 10p. All imo and dyor

Depends on whether they hold on them? Will be admitted for trading in a matter of days, and so not long to find out. All imo

0.42p to buy on market now. So getting ready to lift off?

Elsewhere, it's mostly the same few posters feeding the troll by the looks of it. Hmmm, interesting.