Member Info for maxtheax16

yesterday buyer is accumulating for a reason,imo....see the 210k 2 weeks ago....and possibly the 50k occasionally...

actually spread is less considering 2.3p bid and 2.9 ask......still big but I think mms are blocking it for some reasons.I bet 1 buy would make a tick up in both bid and ask to 2.5/3.25.I can not buy but `till 3p I think is still a good punt,considering that it could double or treble on any good news(sale of R2S and/or logp/pvr sorting out suspension in a good way).IMO.

nearly 3p.....I wonder what will happen if buyers turn up in force...

do they want/need shares?

news close,nice 250k buyer.....

to may,so news about sale of r2s should be close.I will add more when funds available

save cost in new and decommissioning platforms not long in use.I think it will be sold for sure.how much is the only question.IF sold for £5 mill could make sp from 5 to 10p alone.....as always the truth is in the middle.....to me this stock is not worth 2.5p so I`m adding.No advice to buy or sell given.

Crucially, it can also provide oil companies with significant savings in the planning of decommissioning fields that are no longer economic or that are to be suspended. “What we know, and what our customers know, is the R2S software saves costs,” he said in a recent interview with Proactive Investors. He says the value proposition is clear: installing the product saves money, it saves time, and it removes the need for unnecessary travel to and from facilities. The installation of R2S pays for itself several times over in the very first year, Aldersey-Williams added. “In a world where oil prices are low R2S is a very good way of accelerating value out of a project. “Our clients know that it is a cost saver, it adds value to their businesses and even in a world where they are having to think about decommissioning platforms - it is a fantastic tool for planning that process and keeping cost out of the process.”

than sells and down 26%.....mms want shares for next rise?added at 2 p

I think at 2p is worth the risk

steelwatch 14 Apr'16 - 09:51 - 40686 of 40686 1 1 Court of Appeal judgement results in extra costs for exploration group and share suspension April 14 2016 | Job Langbroek | Morning briefing | 1 page(s) | Read Important Disclosures The news that an appeal of an earlier judgement was upheld means Transocean will be paid another $7m (before costs) by the Barryroe consortium (made up of Providence and Landsdowne Oil & Gas). With Providence responsible for 80% of this, the news is unhelpful given the existing efforts to manage financial resources. However, provided the existing debt lines can be extended, the additional costs should be manageable and do not have any impact on the value of the group’s oil and gas projects. https://www.davy.ie/research/public/morningEquityBriefing.htm

Quite right....watch this space,i`m adding....

paying above bid(1.75p) but not letting in very cheaply(2.5p or above for decent size).....they are waitng for direction but,imo,they don`t have many shares ....few buys and this will reverse.I think a deal is being worked out for sale of R2S and we should know very soon(different parties interested ,so sale should be at a decent price,imo).IF on that news I expect 10p sp.DYOR

tick up....spread is shocking but mms are deterring buyers for some reason...

my buy ticked up...mms must be short of shares....

no rns saying no reason for 36% rise last Friday?maybe a deal is in the bag?

R2S has been acquired for £5 mill in 2012.If worth the same and sold the for same amount ,it will be @ 9p per share....all needs to be concluded by end of april.....that could explain the start of the rise last Friday?

2.13p,maybe they need shares...a couple of buys will do,now,b4 close...

2.13p,maybe they need shares...a couple of buys will do,now,b4 close...

+53%...something behind?