Member Info for MickR

MM's low on shares and the first hour of trading is not yet over....looks like another 100% plus day IMO. Good luck to all inside.

MM's need to tighten the spread, volume picking up last two days, someone knows something?

This share can easily 10 bag , it has been always been a retail favourite

DYOR

Kipper, All conditions have been satisfied, application should have been made by the company to lift the suspension and resume trading by now. The company is seriously opening itself to action if it delays on this IMO.

DYOR

From the RNS of 30 October 2025:

"Trading of shares

Now that we have published the 2024 accounts, and this HY25 statement, we will now apply to the FCA to seek re-admission of Wood's shares to listing and trading."

Why has no further announcement been made on this?

0.767p to sell and 0.90p to buy, MM's don't want a market it seems with that massive spread.

NT to buy, looks like the warrants have cleared? Another stock primed to do a few hundred percentage rise IMO.

DYOR

5m market cap is a 500% rise from here to 0.25p.

Shall we see GRL and HE1 profits coming here? Good liquidity for the market.

DYOR

Good going. Looks like the market has not yet fully woken up here, could do a 150% here from the looks of it. 0.010p will only be a Market cap of 2 million IMO.

DYOR

The BOD crashed the SP from 0.05p to 0.01p on the back of that RNS alluding to "poor" and "disappointing"initial flows, but then went on to say that they are still convinced that the field is "a material and potentially highly valuable" discovery:

"We remain convinced that Erfelden is a material and potentially highly valuable onshore oil discovery with Best Estimated recoverable reserves of 7.2mmbbl. The Company will now consider its options to maximise the value of the resource we have discovered."

Let's see what the next update says after they have stable flow rates to report on.

DYOR

Yes, the RNS did contradict itself, it is like they were really trying to push down the gloom and doom narrative which they have done but keep the door open for positive news …something very fish going on and I have punted two grand to see if I can get back a few multiples…pint money of course.

Dyor

Yesterday's RNS used the words "poor" and "disappointing" whilst referring to "initial" reports, I hope they haven't crashed the price to let their mates in on the cheap as it is unusual for companies to report on non conclusive/initial/preliminary events with such doom and gloom. Looks orchestrated to me and it has cost PI's money....

What bets to suddenly report that the flows have suddenly become good and above expectations ! AIM Casino at its best.

DYOR

Looks like it is confirmed, the buy side is going mental.

3p today at this rate??

DYOR

If RNS confirms the Telegram group news, we could see the SP over 2p to 3p surely? Has been a long waiting game.

DYOR IMO

"Stewart MacDonald, Incoming CEO of the Company, said:

"Having safely drilled the SCHB-2 sidetrack and installed the ESP, it is disappointing a sustained flow rate has not yet been achieved. Whilst pressure build up data, to be obtained in the coming days, will provide clarity, the initial response from the reservoir appears disappointing. Following reconnection to the production facility, a long-term stabilised flow rate should be established. We remain convinced that Erfelden is a material and potentially highly valuable onshore oil discovery with Best Estimated recoverable reserves of 7.2mmbbl. The Company will now consider its options to maximise the value of the resource we have discovered."

Well, it’s dropped to 4.10 bid, no signs of the 7 to 10p today, hopefully tomorrow ? If cash position is sound that is positive.

Dyor

Dropping this? What is the cash position? IMO

Dyor

Seller out? Could bounce from here if bottom hit IMO.

Could see SP settle above 9p by close today IMO.

DYOR

IIMO I see the SP re-rating to 10p next few sessions if not today, question is, will it go higher than that? 10p is a bargain. I recall the SP was trashed by Siemens exiting.

DYOR

10p is a bargain. A year ago the share price was 70p in June 2023.

Another AIM company gone on the cheap.

DYOR

From another bulletin board:

"In order to keep the Licenses and keep the projects, it must be a going concern sale. In case of Administration, contracts gets Breached, licenses and Vermelho will be lost. Hence, shareholders might be happy with 1p and Creditors take a haircut on the debt. Suppliers will get something if the project is restarted.Nickel price heading North with the Russian Ban."