Member Info for maxwell1

I don't expect to hear anything until at least 20th

Speaking of mushrooms have you been on the magic ones benny

I don't care how much tax would be due (they could afford it) , selling like this by people who know how thing's are going on a potentially company making well does not send out a good message

I'm with seahawk don't like this

Exactly my point, london is the main listing so announcements would be released here first which is a huge disadvantage to the USA, loosing out on the good and hammered on the bad, confidence must be huge to buy there

Here's a thought, is dual a good thing, different time zones, it seems to me that regardless of weather the flow results are good or bad (I hope good) they need to be announced simultaneously when both markets are open, otherwise someone loses out big time.

The boat to catch was pre suspension really but it's still a good price now considering the deals are not yet signed, the sp will be more like 40p as soon as they are and as for dividend ? In the words of mc'enroe "you cannot be serious "

No news or broker note yet a big afternoon rise, lots of speculation on here but the interesting factor for me was that there was no "we know no reason rns "
Mmmmmnnn

I thought UT was just mms settling up between themselves

Agree D but none the less we all know it happens, people trade on these, it's their ethos, personally i think its rather dangerous, an early rise is a different animal, we all know we are due 2 bits of news (hopefully) 1 rig moving & 2 upgrade, an rns outside market hours would present a good trading opportunity (if positive) for those inclined to do so but trading into a late rise ain't worth it for me.

I'm pretty sure an rns has to be registered before release, someone always knows

Could be an rns registered

Come on people take the blinkers off , ofcourse the price will spike the question is %, people will take profit, don't forget about farallon, this is not derailing, its simple market facts

Expected this to hit 40ish and settle mid 30s but then again I expected the first deal to be done on re-entry, the market reflects the fact that the deal is not yet done and so I think the sp will continue to bounce 25-30 until we're singed and sealed

Well, got my top up and happy at mid 20s, a few sells going through and who can blame them at 75% up, still expect a decent rise from here today but the action will begin when the story gets out properly, especially after the agm I think

Not long now, top up buy order placed , take your partner for the next dance

Re.swerve
They will keep on drilling and proving up and sweetening the profile , they can become self financing but not to the extent needed, this field needs to be developed quickly and that requires a lot of money, which to my mind means a massive farm in or sellout, from what's been stated that probably means sellout at the right price but leaving meat on the bone for whoever, so I think a takeout at £7/8 - but wtfdik.

I very much doubt we will be drilling 100s of wells, once we have proved up the field and figures are good (hopefully) i expect the predators will start circling and I'll be looking for a take out of £7/8.

Just got excited looking through this mornings RNSs - aferian - damn it

Yes we should be in the £2-3 range and I'm sure we would be were it not for farallon, the good news is these shares are being taken up in a risk averse market. Bare in mind we would not be in the position we are now had it not been for farallon, they did their calculated speculation and now it's their duty to make profit, that's just the way it is but I'm pretty confident things will change should we be successful, I really hope so.