Member Info for Linz22

Yes, there are clear virtues in sticking to a set strategy, yet it's often said that fortune favours the brave..

So, was your strategy fortunate? Having that stop loss triggered wasn't...

You've ended up playing this rather well, in having been presented this second bite of the cherry.

If I'd have sold the other day at0.5, it'd be rocketing through a penny by now.

Are you always this fortunate..?

Yes, what's not to like? Seems a decent update.

Why are some trying to talk this down..?

Gosh, there are a lot of buys.

They can't hold this back for much longer...

Very good, Jasper.

A DST, or drill stem test, is specifically to see if flow of fluids can be achieved from the zone of interest (ZOI) and at what rates - effectively by running an open ended drill pipe to the depth of the reservoir, isolating the ZOI by setting a packer (like a big rubber bung) above it and allowing that part of the well to flow under its natural pressure. Hopefully, up the drill pipe/stem to surface, where flow rate can be measured.

This is good news (as opposed to announcement of plug & abandon!), but is merely the next step in determining producibility. It would, however, infer that hydrocarbons are in place at the ZOI with at least the potential for flow.

So, you're right, they’re not just rolling the dice. DST results expected "late April"...

Best to buy on the dips.

GoBig - Please do your own research on EME, perhaps starting with RNSs from around Nov. 2021, when progress on the Mako project was pronounced "imminent".

Far from the current Wilson drill being the icing on the cake (or gravy?), it could be the last chance saloon for EME, as they otherwise can't afford to wait out for the benefit from the 8% stake in Mako, whereas Indonesian govt have all the time in the world.., evidently.

You come over as a genuine yet trusting recent investor so, while potential upside here could indisputably be substantial, you'd do well to remember that the maximum downside is only 100% of your investment, and to take anything coming from the directors at EME (including and particularly in official RNSs) with a huge pinch of salt.

Caution required here.

So, what news are we waiting for then, that customers have started buying..?

I'd rather hope for a contract announcement, for device handsets, an EV auto company, or with a defence manufacturer..

Rich - because it was reported as being imminent, some time back, so this week's as likely a time as any..

..or in another three year's time.?

Need some news here, and concrete evidence of growth in the company.

Otherwise, we are just treading water.

Investment is mostly about timing. Maybe it's another buying opportunity at these levels, rather than further opportunity to winge...

(Let's hope so)

Many purchases being shown as sells now.

The buying has dried up. Only a handful of sells in today's trading and the share price has waned.

Makes one wonder if whatever was clearly afoot, given such increased volume over the last few days, was due only as a consequence of the known pending release of the TR1 - rather than Mr.Warner increasing on the basis of something being afoot..?!

News of the brines will have to drop one day but, for now, I believe the cause of all the recent trading was the former...

Can't say if Mr.Warner is an enlightened genuine investor, a gullible mug, as you put it, or another spiv-like cohort of DH, but as I recall, he built his significant holding, to some 7% around Aug-Sep last year, at the time the SP was at recent highs of 0.1p.

At current levels, he'll be very much averaging down at prices around 0.04p, to the extent that Mr.Warner now owns over 10% of the company.

That's no insignificant commitment for any shareholder, be they enlightened visionary, gullible or spiv alike...

You're exactly right, Vanilla, which is why I said that in the absence of any news update we are just treading water.

The 'ongoing sales' that you mentioned are just signs of minor trading. Nobody's piling out just now, just as nobody's yet piling in.

The "expected news" that we keep referring to is not priced in here (as it might've been elsewhere) due, I believe, to the inevitable skepticism toward speculating on a company with a history such as this , as you will no doubt be well aware.

Whereas, those more recently invested may be able to view the investment case here with more confidence, in consideration of the potential upside from these lows, rather than just hoping to one day break even.

However, the one guaranteed positive from a position of languishing underwater, is that each time you top up you're always averaging down...

Without further news nothing is happening here, we're just treading water.

Buyers will pile in pending any positive news release.

Meanwhile, long term watchers of the stock might back their own judgement by increasing their holding on any dips in the share price, prior to the dropping of expected good news ..

Cap-xx is no longer a play driven on AIM sentiment alone. Been there, done that (all the way up to a £65m market cap., it seems..).

Nowadays, it's a more conventional investment, dependent on performance and results

No news is definitely NOT good news here anymore, but the fundamentals are everything.

If you believe in the business model (notwithstanding if you might've been here an age and find yourself underwater), Cap-xx right now could well be, 'The 'right product in the right place at the right time'. The rest is up to one's own judgement.

But, topping up at these levels might also serve to average down for many. So, do you feel lucky, Punk?

I do, and will endeavour to build my holding - diligently, rather than recklessly, but increase it nonetheless.

DYOR GLA

Some sizeable buys coming in now, and still not much by the way of significant sales (even for a Friday afternoon!)

The SP keeps going up. Something might be happening.

News on Monday AM..?

Where's the pumping?

Agreed, but they're ALL buys, relatively small or otherwise.

Given the hitherto dodgy nature of this outfit, I'd expect CLON to be a very leaky ship, hence the interest in grouped purchases or sales, and extraordinary movements in the SP as a precursor to some pertinent news release.

So, all eyes peeled...

Agreed, Rich. For someone who by his own admission knows very little about supercapacitors, Jinvestsus is very positive on Cap-xx based on improved business strategy alone, ie. better sales strategy, lower costs, increased margins, etc.

But, when married to a bit of insight as to the future potential of the supercapacitor tech, as well as the possible ground-breaking nature of their in-house innovations, the future might be so bright at Cap-xx they'll have to wear shades.

Hence, why I believe the investment case here to be both exciting and compelling..