Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
News about the licenses?
Pump and dump? This should be above 15p alone.It is just the board that ruined the sp so some might get booted out at AGM…..
Not necessarely, maybe things will improve if some get voted out.....
Through our large and extensive land base, the Company has identified a significant future opportunity set that provides sustainable growth while contributing to the energy transition of our operating regions.So what are these opps?will you let know shareholders before AGM, i suppose….
I hold some and i think it will bounce from these lows , especially with some reshaffle of the board.This is worth much more than 5 p but sentiment is very negative.i put a strong buy because i think changes will happen soon but dyor.
Im expecting rns of buyback( as early of year).i think is an excellent entry point , so i entered with 2 buys.No advice as market is very unstable but the problem here is confidence on the board, not on assets….lack of volumes might deter buyers but news should be out soon( as delayed so much).
I think the 3 x 50.000 shares and 1x25000 were buys from company.very modest amounts.they should buy loads more , by what they are predicting/ saying……
Really Nav 42p?they must have some news to come out to get near even 20 p! Come on, show us !https://1lo.co/tml4S
4.2p my bet
Valirx was my first share many many moons ago.i made some and lost some on it but left because “george and mildred”….. .Maybe Suzy will not be a good director but the company should show some improvement in both sp and deals, imo.So i bought some.It looks like should move towards 14p where it belongs by chart.Gla.
Im new to this company but with the same director buying at 1.97 last sept, then twice after( always same amount of £8520), i decided to follow him.Let’s see….no advice given.
Sancray’s discover took approx 20 days to discover the four gas zones.Since it started on 19/20th sept, we should be at @ 700 mts already, so news of first zone hit(885 mts from previous rns)should be imminent.Very undervalued as it is and news fron the lift from Tunisia should put some meat on sp, alone.With another discovery above 30 p is a decent target.
Wg/ hits and co….all filtered.Time for this long awaited RNS!Gl has been extremely lucky with 500 p /term gas!
Up 10% at the moment and moving up.From the moment the Rns coming out, that index will be a benchmark for the sp.Futures already above 400/500 for winter’s months.
Welcome back.Yes, this lastRns is very important as moving the hedge to october( q3) will give angs 2 months free unhedge production( say 3 mill term x2( months)….At current prices, we can calculate 400 p term average, would make angs 20/24millions £, that , in effect , could clear the loan by october…Maybe the agreement with Mercuria has that clause….it would make sense for both and have angs debt free by oct/ nov and mercuria terms at higher average price sold but with the loan cleared and shares higher in value….Only important thing now is Production and Sales of the gas!
Of course the lenders/ hedgers will make more money as winter prices will be higher and that portion will be bigger for them at , say above 450 p term than now at 370….but it will give time to angs to stabilise production and getting money to pay the loan.So they will get the loan paid quicker and have more terms to sell at winter’s prices…..but it takes a lot pressure off angs, that is doing all the works!To me the sp should adjust toward resistance by mid next week and pass it once the meter will start running for Shell…
This move from George, will make a big difference.Taking the pressure of will make more income and will clear debt , much quicker( that is probably the reason why,the lenders agreed).The Sp should be free to move upward to resistance in the next few days and then pass it.I think the sidetrack’s drilling will be announced when , finally, gas will be flowing past the meter….next week.
Well, Hits, if Mercuria is not bothered and so should you….posting after midnight,with no shares.Maybe you should be the director as you know better than GL.I was keeping you off my filter’s list but this constant bashing is way beyond any logic:Filtered as well.
By the end of august we will have confirmation of constant flow’s rates.By then we will see above 3 p.The mms and the market will either take it up gradually( better imo) or in 2 or 3 lifts, but it will go thereabouts.All these doomers and gloomers that dont have any shares, preaching on here, will finally, and gladly, disappear.Waiting to hear from Brockham, Lidsey and Balcombe.Have a nice w/e.
Market will be convinced once it see the sale amount and quantities.Skeptiks will change their stance and angs will start making money.Pressure very good , so let’s see if they will start the sidetrack early august.The change from explorer to producer , will be move the sp , considerably.After delays, diluitions and tons of patience, finally gas is in the pipe and at today 320 p /term is a bonus.Come on George, invite the press!