Member Info for Mikey279

HFB the only other thing that would wake me is if AM falls off chair again

Well whatever has happened, sentiment and trading pattern has changed....wake me up when a few £s have been added to the SP

It's as if the OIP doesn't exist.... ask EUA if there's any value to in ground assets, then again it was only a matter of time for them

hfb.....USA

Sleeping giant.... name me another 10-30x opportunity in the market?

For some strange reason... be it overhang or lack of trust in AM, the market has been asleep on this one, he finally dug deep into his pockets and with the massive find, it will have changed the prospects entirely

Might as well bring out the calculations....

1.2 bn - 1.6 bn OIP

Assume 1.2bn lower limit at a conservative 20% recovery = 240m x $5 conservative price per barrel = $1.2bn = £880m / 230m (diluted) shares = £3.80.... adjust sensitivity accordingly

Excluding existing assets
$94 WTI probably means price per barrel goes for a lot more
Safest jurisdiction
Massive CEO buy at 34p after the find, puts placing fears to bed

Way way undervalued IMO.....is the market finally waking up

Is it me or do the traders look ****ed today ?

Mr 100k messing up and the sheep tactic also not working

Whoops

If we ever get to 500k bpd we’d be £100 per share lol

easy to watch live trades and think you can predict the pattern by following the sellers, until the one time it just runs and leaves you behind.....

the only people getting rinsed are the herd traders ;), whoops rising into close

Might as well bring out the calculations....

1.2 bn - 1.6 bn OIP

Assume 1.2bn lower limit at a conservative 20% recovery = 240m x $5 conservative price per barrel = $1.2bn = £880m / 230m (diluted) shares = £3.80.... adjust sensitivity accordingly

Excluding existing assets
$94 WTI probably means price per barrel goes for a lot more
Safest jurisdiction
Massive CEO buy at 34p after the find, puts placing fears to bed

Way undervalued IMO.....but the market will wake up some day

"We are delighted that this discovery reflects the scale of previous discoveries made over my career and in particular, the North Sea. We estimate the Frontier element of the discovery to cover an area of approximately 51 square miles with the capacity of up to three horizontal wells per square mile each initially producing 1,000 - 3,000 barrels per day. We plan a phased production program and have already applied for permits covering four horizontal wells. We will use internal resources to cover the initial costs of development whilst full field development plans are evaluated. This discovery highlights the long-term sustainable production outlook from this outstanding asset."

"This is a significant oil discovery and the size of the upside at our Wyoming asset was a surprise to us all. Conventional light oil discoveries of this magnitude have been rare in continental North America for years if not decades. We control the majority of this discovery as it is coincident with our large contiguous lease block. We will start exploiting the discovery this year."

"I am more than happy to purchase shares in the Company in the market when I can. In fact, I had planned to purchase more but came up against a blackout period today which extends to the filing of our annual results on March 30th. This share purchase shows my confidence in the Company's recently announced deep discovery, and the performance of our miscible flood at our Barron Flats project in Wyoming."

Well after all of the recent dusters, pharma busts and EUA now in doubt....can't see any other 10x + multibagger potential share

Who would've of thought it would take an invasion for a bit of blue.....

Only for an hour or so... but glad we're one of the war 'safe' stocks

Now give us the CPR/JV that 10x's us ;)

Maybe overhang is done ;)

look at all the chancers this morning following each other on the first sign of red..... flushed out

probably buy back higher ;)

why would it be a spike if AM paid 34p....doh

Here we go again.....maybe they're done

Of course, I just want to say I told you so once ;) when its £2+