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Well above the 50dma now, should comfortably close above it today, next up fill the gap from 10's to 12's. Shouldn't be much problem getting through the 10p placing price if the placing went to BoD and sticky insti's. Volume looking good again, double digits by close of play 👍

9.2 - 9.45 on closing. We're currently sitting bang on the 50dma, burst through that tomorrow 👍

Off to the races again here this morning. Wouldn't mind another 20 days of similar rises until RNS

Only 10 trading days left in August.

New IPP projects to be announced "by the end of the month"

Tick tock indeed!

Correct superman, not a thing about 20% CoS which fundy and CaptainStanley claim was fact.

Are you there CaptainStanley? Can you show me the RNS CaptainStanley? Or were you speaking out your arse? We'll leave the final word to Mike Buck...

"Snow Leopard and Wild Horse are two large, well defined and exciting prospects with huge follow up potential."

"Fundamentally, this is exploration and comes with certain risks, but I would not have joined if I did not think there was a very good chance of success."

Which RNS captain? I've never seen it stated anywhere.

Hi captain can you point me to where that is stated by the company? Thanks.

Of course you're not the dumper you sold out in the 7s did you not?

And why do you keep spouting on about this mythical 20% CoS?

Not a pretty chart here. Daily and weekly RSI in/around oversold territory so may bounce from here. If not, low 3's look like a distinct possibility. Strong buy at this level let alone low 3's. Problem is, action at SWP is what we want to see but I believe that won't be until 2019?

That's a couple of sizeable trades now paying full ask. Someone wants in.

MB's latest interview is worth a re-watch: http://www.lse.co.uk/media/exclusive-petro-metad-go-for-broke-with-6-well-fully-funded-programme.html

Snow Leopard results expected "end of August, start of September" depending on drilling conditions. We're only 2 weeks away from September!

Looking much better today lets hope theyve finished d!cking around

Lol taylot ive posted plenty, was and am in Kibo and got involved in MTR when we had JVs. But don’t let that stop you being a fanny

Very true Bolgas but it's still £4.5k - a real difference. You'll be waiting a while then bonks, I've been in here since the 0.8p days and won't be averaging up at these levels. Maybe my sell price will total £50k... that'd be nice!

2.45 or 2.25 is entirely relevant my friend. You buy £50k of shares at 2.45 you get 2,040,816 shares. You buy £50k of shares at 2.25 and you get 2,222,222 shares. That's a 181,406 share difference. Now when all your news arrives and the shares are worth 12p each, you've thrown away a possible £22,000. Don't know about you, but I'm not one for throwing away 22 grand.

61.8% fib retrace from the move higher that started in April. 2.21p up next if that doesn't hold. Some 30% odd handed back since recent highs, painful stuff.

Interesting points Ronin but you just never know with AIM. The 70 day drill period isn't up until mid-sept so there's an obvious window of lack of significant newsflow. Wouldn't be surprised if it was MMs taking it lower playing on the back of PI emotions and sentiment. Loading up with plenty cheap shares to offload into any rise nearer TD or a gusher at SL

Daily RSI dipping into oversold territory but it does look like we could be on our way to 7p support.

Buying in the 9s looked like a great opportunity after the 10p placing but it seems this is getting shorted at least until the TD date approaches. Will take another tranche if it touches 7s, shorts will have to close out and risk being squeezed if there are any signs of a strike at SL between now and mid Sept.

Starting to get slightly concerned with the continual downwards pressure. Duster ahoy?