Member Info for Mike12345

Could get a quote for £3000, cant get anything now!

https://www.investegate.co.uk/president-energy-plc--ppc-/rns/market-update/202005191146513625N/

Check it out guys, president energy confirm the decree has been sign yday/today with oil at $45 a barrel. Argentina also loosening lockdown. All we need is this debt interest to be deferred and we are good to go!

Im extremely surprised this has not moved more given the buys coming through, I have only been able to get a £600 quote! what brokers are people using? Im using Hargreaves Lansdown

https://www.bnamericas.com/en/features/argentina-moves-on-ambitious-hydrocarbon-agenda-as-debt-talks-stall
Article states the president has signed the decree, looks like its only up from here, can see ECHO up 14% already!

https://www.argusmedia.com/en/news/2104275-argentina-to-restore-artificially-high-oil-price?backToResults=true

Not the most reputable source but shines some light, I’ll be looking tmo morn for some solid evidence. Only thing worrying me now is the potential default on debt, both for the company itself and Argentina. I think ECHO hopefully will make it through and same for Argentina, let’s see and pray

https://www.google.co.uk/amp/s/mobile.reuters.com/article/amp/idUSKCN2252WV

Clearly others, like myself, are loading up for some hopefully good news next week on Argentina price setting oil around $45-$50 a barrel! Lets pray!

Not to kind of spread other shares but YU group is another undervalued one, 105m rev mcap 15m.Really low shares in issue 14m, so when news is good its really good! Low mcap! New board members who were prior ofwat! wont say anymore than that but research it, has the ability to be a 10 bagger. With regards to echo, how could it go any lower? If its another poor well, we still have 2.5k boepd and even though its through tankers, its still really good for its value. Id say fair value at 2.5k boepd is minimum 30-35m mcap, of course my opinion tho

Lets be honest, if there were no wells drilling this would be valued way higher! 2.5k boe net to echo is pretty decent for a 10.5m market cap. Hard to compare to the other rubbish ones like sound because they never had production! Sure you have coro that have small production, but nowhere near ECHO's.