Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Why would the drill have stopped at 3415 meters when the target was 3500? If we did hit an oil column where the seismic data didn't make sense would it not have been worth the extra 85 meters?
Uneducated Non oiler here, just curious.
Patch.
I know it feels like the end of the world. But ending anything is the last thing to think of. Everything is temporary. Wins and losses. Its already rock bottom price, leave your shares for 6 months, if something happens with this drill great, if not hopefully news will come of other projects. Even hold tight until price goes up slightly.
Working on is far from ideal but working on is still better than not being here to sèe family members thrive in ways other than financial. Birthdays celebrated, new relationships, trips to see friends or even just waiting a matter of weeks till the better weather cones and you can go for a walk in the sun. There's so much more to loose than lifestyle and financial security .
Beginning if December till the end of January is a rubbish ttime for bad news of any kind but stick with it. It's temporary.
I would have been fine with 17% down compared to 85%
Pjonsey
Same here. I went all in on he1, so I have edited my book cost to cover all the losses on that. All in on adv too so it hasn't put me off. 9.71 and I'm back to black. With some more to add tomorrow too hopefully.
If it waits till Friday I'll be a happy gal ??
When do we think the sp will reach its full potential on buffalo alone? Post results on hype? During production on reliability? I'm taking into account that no matter how good a company is the sp can do a pull back on no news.
Just did my last decent chunky top up before spud. I was happy to see a small pullback so I could get more shares for my buck but I'd like a blue day now too! :D
Does anyone think its worth getting involved in Carnarvon with how tied they are to the buffalo operation?
I'll take that! ??
Jezzac thanks very much :) and thanks everyone else, this should keep me busy this weekend :D
Thank you jezzac. And thanks everyone else for all the info. It'll keep me busy till Monday. My fingers are crossed for no breakout till next Friday so I can top up on payday ??
Numbers are all looking excellent. I'll be increasing my position in the next few weeks. This is probably the best stock I've seen in a while when it comes to potential and good chances.
Saint-tropez, that's excellent thanks very much. I'll keep looking into the termi ology and research. Oil and gas exploration is new for me but exciting and so much potential!
I'm unsure of that as I'm still researching the company but I remember reading that it was a previously proven resource but wasn't developed due to the cost of production being too high at the time? 2p meaning probable resource but not gatenteed is that right?
What do we think the chances are of a 12p share price by Christmas if buffalo goes well and they announce say 1 more oil deal?
I've just sold up my position to invest in a drill campaign that's meant to finish by Christmas. IF all goes well the profits will be reinvested here for the 2022 ride. If everything goes to pot I'm happy to take the hit since I took the risk.
Looking forward to the journey restarting in the new year and I will keep an eye on this board in the mean time
I must admit I have reduced my holding to 10000 shares. I've put the rest in adv with the hope that the rise from the buffalo drill can be reinvested in her for the 2022 drill campaign and hopefully recoup some losses. I just can't see the SP rising in her until a positive show on an rns comes out. But I also am still hopeful hence the 10k shares still invested which granted isn't much of a holding at these prices.