Member Info for MaxHSpringer

Med- You need to go back and read the rns's (atleast do a little research)!

When you buy shares, they settle in 2-3 days. So, this is probably why the transactions are cancelled the next day. If they wait any longer they would have to settlepay for the shares The question is why do a transaction (usually sells) if you will need to cancel the next day? I have two thoughts and the first could be for me a transfer of shares that might be paid via other means or b) they are running these shares thru as sells in order to suppression the share price. This to me could be for any number of reasons,but there will come a point if we continue getting good results, sort out finance (including ya)

Timster IMO the cancelled trades are not real and look to be transfers!

Of the last transactions are buys. I point this out because I see at least one person a day think that because a transaction shows as "red", that it is a sell. In fact most of the buys are showing as red.

Hi Ivy- sorry for delay! I fell asleep watching tv last night! I know the one that you are a champion of. You are not only a good champion for the antibiotics but also are well researched and a good support on that board!, At this point many of the eggs I have left I in this basket and that is after some losses gains and having to pull a big chunk out for a project that went over budget last year (unforseen issues) but we are still here and with a lot more knowledge! I have also learned not to be emotionally attached to shares. This is a lesson learned with Prem and AST. I have also learned to spot the pirate directors (same examples) where Directors are either: Thieves liars, incompetent or simply stupid or possibly a combination of all of the above!!! So, here we are and two things I like about FRR is the fact that the resources are huge and Zaza has skin in the game. So, someone who has over �1.5m in the company has a vested interest in this succeeding! Good luck all and hope we have a few good milestone parties 10p 25p or maybe even more, you never know!

A super tanker takes a lot to stop it, but it also takes a lot to get it going! Once in motion Newtons laws take over and the share price will rise. If we have commercial flows (so far so good), there will then be funding options especially if FRR is selling oil!

Bladey! I thought it would go to about 20p as for me the number of shares in issue, number of drugs in pipeline, market size and impact on market were very much Luke MTFB and thought it would follow a similar trajectory! At this point I have a modest holding in FRR and if it comes half as good as we think, I will be very happy! The fact that Zaza has put in more than bait and pub money in, is a very good sign!

No, not in Val! I got out at about 4ish p! I am not clear on the path forward there as things stand and also with MTFB! What are your thoughts on both?

Ivy, I think I will be OK! I have made money but have also lost and not made as much as I could of.

Pyro- just got in from work and am currently working two jobs, so 7 days a week, lol! What do you do mate?

Shat- I have seen news commentators say that over the last year,so would suspect it would be common sense and more than a rumour!! Also,theSaudi economy along with Emirate states and other oil reliant economies need a higher oil price!

DEFINITION of 'Cancellation' A cancellation is a notice made by a broker, to his client, informing him an erroneous trade was made and is being rectified. Despite the fact technology is an ever-present and ever-evolving part of daily life, trading mistakes are made, either by human or electronic error, and brokers must correct the mistake immediately, notifying the client of all errors and actions taken to resolve the mistake. Naturally, all transactions and steps taken are recorded to lay out the cancellation and ensure the broker is not mishandling the account This is according to imvestopedia, so we know that the mm's are not incompetent! So, as mentioned on Monday,this looks like transfers and also has a dual purpose to keep the share price at this level. Again, could someone be building a stake here?

Dunno mate, but if someone or a friendly are acculating they do not have to report until 3% (if UK based)/and 5% if off shote! So, if anything this could possibly be a good sign!

5p IMO cancelled trades are transfers between mm's. The fact that the bid is being controlled suggests that someone is buying large amounts in the dark pool! Dunno who it is, but have seen it before wherr large institutional investors negotiate a price and hold back the so. An examplr that comes to.mind is when the French were accumulating shares in Ukog last year.

Banknote: The problme is that people were sputing figures of 800bopd - 1000bopd and when the natural flow rate for only part of the payzones was published, people thought it was not good. In fact 270bopd natural flow rate for such a small surface are is really good! 1 barrel of oil is 42 (US) gallons of oil or 34.972 (UK) gallons so how long would your garden hose pipe take to fill a swimming pool of 11,340 (US) Gallons or 9442 (UK) Gallons. Now if you put more surface from other zones, a pump to this or go horizontal or octopus it! Well you would have a load of oil from this one well.

Hottader, I don't buy or sell because someone has accidentally pressed the "purchase" or "Sell" button for 1 share. I am in and if I were out of a share, it would be for a reason. At this point, we are expecting news on one of a few fronts, so a "1" will likely be followed by an rns within the next couple of days here (as we all know)!

This company has 16bn shares and the very large and overwhelming number of share holders are holding their shares. So, if you look at the sells, they seem to have a pattern and the volume of sells suggests that the share price is being manipulated imo for a possible order being filled! It looks to me that it is the mm's transferring shares between themselves. Could they be accumulating shares?

I tend to think that it was someone doing dummy buys to monitor real price and accidentally buying the share! However, doing dummy buys/sells for large or very small transactions does not give an accurate price.

has just bought 1 share!, lol!

I am not a big holder and had an average of .58 but this morning dip was an opportunity and found a couple of hundred quid and topped up! IT would have been rude not to. So, if the share price remains at or about this point, I will top up again on Monday! The company has been turning a corner and so far has provided the results we are wanting, so I would rather they take their time and just get it right!