Member Info for LostAllMyShirts

I cannot believe I am seeing ECO down 9.00% on TSX . That is ridiculous and I think the Markets are insane and dont know what theyre doing any longer. The Oil price is still above where it was before Iran crap started ,so why are they selling off ECO (and others) ?. It just cannot stay that way abnd I bet bounces back hard.

@Justathought Yes entirely agree with your sentiment. It sure is a crazy crazy World with Trump in charge . Honestly I think the Markets/Investors are getting it soooo wrong. I mean its like,does the World not need Oil any longer ?. In all honesty investors are making far too much judgement of whether to invest in Oil Exploration companies based on whether the Oil price is inflated by War or back at Price dictaed by Economic demand. FID's are NOT made on how high we can get the Oil price for a week, a month, a year even, it is on "normal" price now and for future.

I would refer to Page 3 of this and that type of thinking which is Geographic location thinking;

https://sintanaenergy.com/app/uploads/2026/05/Auctus-on-Sintana-05.05.26.pdf

Will see Sintana at Conference on 12th to 14th May in London. Should be interesting conference.

THIS IS LSE: 06-May-26 09:09:39 10.40 30,769 Sell* 10.40 10.55 3,200 A

YET THIS IS BROKER: Bought 30,769 Filled 09:09 10.4000

Which leads me to NOT believe what we see on LSE Trades !!

I bought 30,769 shares at around 10.40 and yet stragely shows as a Sell on LSE . Why ?.

Having read Malcy's Blog I am in. 30,000 shares to start with. Now have to hope they get a farm in.

https://www.malcysblog.com/2026/02/oil-price-borders-southern-and-finally/

I just looked at the 5 Year Chart. Its steeper than the Kandahar Ski Slope, downwards.

..... to Buy more. Price is good enough to persuade me to buy even more. I cannot fathom out why price is low, but its not just ECO others as well. Market's just do not make sense as nothing has changed and unless World is ending then Oil will be in more demand from Western sources.

Coincidence you should mention Ratio Petroleum . I bought into them while ago ,because of the Blocks they have, and have doubled already. I do think a long way to go though and I also thought same way that you thought Navitas and ECO. Cannot hold Ratio in ISA though apparently.

@learning_a_lot. Myself, I believe that Uruguay (1 and 3) will become the "jewels in the crown" for Sintana . I bought some more this morning altho now at near capacity. Stamper is my other love.

For me Uruguay could be massive for Sintana. OK they (shareholders) may have to stump up some cash for drilling with Chevron, but if it reaches that stage then Chevron wont be wasting time ,they will have seen something good on Seismic. Also I am excited about AREA OFF-3 as well ,as Sintana have 100% and the area is "Hot" at present so if any of surrounding blocks find a good target and start drilling then it will be even more in demand for farm in.

I think the end of day whether or not ilika has Patent's that become commerically valuable ,enough for "A" large company to buy the Company or to pay Royalties

https://patents.justia.com/assignee/ilika-technologies-ltd

Of course you have to guess, because 30% of currently 0 equals 0.

How much value exactly does it add and how do you arrived at that ?

So lets assume that is correct. That means working all out maybe it is a 5 times current share price . Now how long to get there, maybe 3 to 5 years ?.

So, 80 Mile would have 4 Billion barrels, at the very best, if GNLD is successful in finding all the 13 billion barrels , correct ?. So what is 4 billion barrels worth, in the ground, maybe $5 a barrel ?.

Yes longterm, for sure that could be another "play" of the trading system. It will catch up with them. SEC is looking very very bad now with no action on their part. Trump does not care one jot about anything but himself, a Psychiatrist said that, and that was his own Niece !!

Https://finance.yahoo.com/news/trump-tells-aides-to-prep-for-lengthy-hormuz-blockade-wsj-says-015557897.html

Well I bought a few more today ,dont show up on LSE as trades yet strangely but may be soon ?. Anyway only a few more but will keep buying more as dont think will stay this low for long.

I read this morning that Hormuz is to remain closed for a long time !! That will just set in stone what is already happening, a major shift of sourcing of Oil and Gas to other locations, like Namibia, Guyana, Jamaica , Brazil, Uruguay etc ect. That can only be good for "us".