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Looks like a few have been spooked into selling by the drop in share price. Hopefully they don't know something we don't! I'm sure they don't I hasten to add. This represents a chance for a relatively cheap top up which I feel duty bound to accept.
Phnom, Yes, you are right, I was just joking really. As Nen has written, perhaps some have heard whispers about the RTO! Not long and we shall know.
A nice increase in volume and SP so far today Could there be a leak (oil) near Amdigh?!!
I was expecting the sp to increase by a couple of percent a day before we heard about the second drill. What with the completion of Seven E about to be completed q2 I really am astonished with the markets reaction. Admittedly the volume is light but the reduced sp is surprising none the less. Value will out in then end I am sure and our patience will (hopefully) be greatly rewarded.
I have logged in ok but can't actually locate the forum. Is it now up and running?
Me too please. s1970long@aol.co.uk Many thanks.
A genuine question so please don't shoot but why do you consider this to be a good investment? Why is it better than MAFL?
Yes. See yesterday's RNS.
You can say what you want about DL but his record speaks for itself. He is very accomplished at making companies and making money. We don't know what the plan is here but you can bet that these shares will be worh much, much more in 3 months time than they are today!
I think you're right. I think the ceiling is much higher. Mms desperately trying to create some liquidity here.
The lack of communication from len is staggeringly bad! They clearly have no I interest in building up a head of steam with the sp. I am a believer here and am sure results will speak for themselves but a bit of pr would not go amiss.
I have very high hopes for a significsnt rise in sp. Money in the bank, great management and a very exciting project which is to begin imminently, are 3 of the reasons im here. Not to mention growth by acuisition which is the company's aim. Oh, and tiny freefloat of shares. Good news could gibe us a msmn style rise I feel.
The programme is anticipated to complete in October with results reported upon as and when they come to hand. That being the case we could recdive a steady stream of news from the offset of drilling and right through the programme. Positive results will obviously have a favourable impact on sp and which could built up nicely before completion in October. Ever the optomist me!
The shortage of shares in free float could give us a msmn style rise!
Thanks bladderman.
And what did you see, if you don't mind me asking.
I understand the company have plenty of cash and are intent on new acquisitions.given the quality of the management team I'm expecting thdm to announce something pretty spectacular, but as always time will tell!
This is certainly very undervalued and a little under the radar at present. I know the rns stated that drilling will commence shortly but has anyone any idea how shortly it will be?!