Member Info for LostAllMyShirts

No, the current decline *IS* to do with Trump's narcissistic, moronic Mouth. Othewise feel free to opine WHY exactly the drop in past number of day ?.

Fatigue probably. I think this has very good chances as a "long" , if you are prepared to be patient. Trump has messed up Markets.

Https://www.argusmedia.com/en/news-and-insights/latest-market-news/2663602-guyana-s-boom-tests-the-oil-curse-challenge

PROVIDED Trump does not totally Crash the World Economy with his utterly reckless behaviours , THEN we have a very good chance of making a small fortune. I seem an Australian Politician called VANCE a "Knob" so it is good to see many people see that this trash US Govt is actually.

To be honest I am NOT at all excited by this announcement . Yes it might be good, but it is not overwhelmingly good. I will wait before investing. I sold at 3.40 some while ago and not convinced yet to reinvest.

""opening up at least two new geological plays in the prolific Orange basin.""

This will have a knock on affect for ECO as well as others. The whole Orange basin is becoming hotter and the larger companies will be looking for Blocks to farm in to and ECO has some very good ones in Namibia and Sth Africa.

I like the words ;

Galp has made what is thought to be a significant oil and gas-condensate discovery with its keenly watched Mopane-3X exploration well offshore Namibia, opening up at least two new geological plays in the prolific Orange basin.

JOMU, oh you have 4 posts , 2 of them knocking ECO. Seems strange that you would register with LSE simply to do a public service of telling us how bad ECO is, IN YOUR OPINION . You are so kind, but equally stupid to think anyone with more than 1 brain cell will listen to your opinions.

Why are these trades being minused ? is this perhaps fake trades to get price down or up ?

18-Feb-25 16:01:23 9.65 250,000 Unknown* 9.70 9.80 24.13k O

18-Feb-25 16:01:23 9.65 -250,000 Unknown* 9.70 9.80 -24.13k O

18-Feb-25 13:23:14 9.55 275,000 Unknown* 9.70 9.80 26.26k O

18-Feb-25 13:23:14 9.55 -275,000 Unknown* 9.70 9.80 -26.26k O

Https://www.youtube.com/watch?v=vo4t2sTNX1g

Infact I bet you that it is over 11.00 by close today.

LOL, yeh sure you did . You are likely shorting and think you can influence . Is that correct ? I think so, or maybe you are just doing a public service ?. Nah I dont think so. This stock is NOT going anywhere near 5 or 6 dont be stup id.

L.Graham, YES it was prepared and released January 2025 , so it is brand new.

Golden200 , but it has not yet been evaluated. All they have said is that they have Oil and yet to be fully determined, so it could still be a Venus or Mopane.

Https://www.upstreamonline.com/exploration/rhino-hits-hydrocarbons-with-closely-watched-namibia-exploration-well/2-1-1780954?utm_campaign=2025-02-17T16%3A42%3A01.426Z&utm_content=%5Bnews%2C+africa%2C+exploration%2C+sub_saharan_africa%2C+i_esau%5D&utm_medium=email&utm_source=alert&utm_term=%5BTOPIC%2C+AUTHOR%5D

Yeh the worst thing you could do now is sell. Then for sure it would rise. ive seen it and done it, sold and then damn shares go up. Have to be very very Patient.

Seems Chevron are very interested and invested in Walvis Bay and have bought 80% of PEL 82 which is surrounded by ECO's 4 blocks there.

"Chevron has finalised a deal that sees it take an 80% operating stake in a promising exploration licence in Namibia’s lightly drilled Walvis basin."

https://www.upstreamonline.com/exploration/chevron-wraps-up-deal-to-control-frontier-namibia-block/2-1-1777107?utm_campaign=2025-02-10T14:14:00.736Z&utm_content=[news,+africa,+exploration,+sub_saharan_africa,+chevron,+i_esau,+namibia]&utm_medium=email&utm_source=alert&utm_term=[TOPIC,+AUTHOR]

Watch Pancontinental Energy closely the next few days things will def happen on PEL 87 .

Https://drillingcontractor.org/namcor-announces-updates-on-orange-basin-activity-offshore-namibia-71585

Let's hope a massive reservoir of Oil.