Member Info for MadChatter

This is slowly drifting up for sure.

Great to see directors buys of this value. Are any of the "other investors" refered to in the RNS likely to be taking a substantial holding I wonder? To raise £1m on a company worth probably £1m this morning, that is a massive massive show of confidence

Spread closing fast here.

Spread still dropping and all buys.

Big spread, but sitting at 30% up right?

http://www.southampton.ac.uk/~imw/Petroleum-South-Portland-Wight-Basin.htm

Yes. But its a small price to pay to gain that much cash from them

Feels like forever we've been waiting for this. Great to finally see Cochran on board, let the fun times begin!!!

That should read " has no direct bearing"

Unless colossal were planning to buy halo share as well that info has direct bearing on wessex other than an indicative value for halo %. Halo purchase cannot be our only real interest as a business, we need a lot more.

Anyone have any details of what else halo are working on?

So my understanding of the HALO deal is that the moment this is signed wessex will have ownership of 255 bopd production. The Tindalo Field is currently producing 1700bopd 255 bopd is quite a decent amount of money is it not? Anyone know what profit people typically make per barrel?

Did this really go up to 0.445 intraday, or was that just an amazingly stupid spread?

I heard there was something about RTO on the press review last night about this bid, anyone see that?

Dropped 22.22% on £30 of shares sold...

Imo minimum we should see 0.75 here short term as a base. When that will be I don't know, but going into a new year with 80% market cap as cash must be about to push the price up. A lot of aim companies are probably 10% cash to market cap.

Hmm, in NT's already.

Bear in mind as well that if you were to buy 1,000,000 today (£7000), then the share price crept to say 3p before going ex dividend, and say they gave 5% dividend (on the price at the time). That would be £1500, or a 20% return ontop of the 420% odd. So worth holding onto imo.

A dividend on a sub penny share is quite something. I can't see this staying below 1p for long.

Buy rating restated http://zolmax.com/goldstone-resources-ltd-rating-reiterated-by-wh-ireland-ltd-grl/54146/