Nothing unusual with the appointment of a new broker.Drop the price to allow your clients in then watch it rise to a new recent high…seen it all before
Us major oil companies moving to takeover the Venezuelan oil industry is very good news for the region.This will bring stability to Guyana and remove the possibility of a potential Venezuelan threat to Guyanas oil industry….Great news for Eco….
I am expecting Eco to be quick out of the blocks with news possibly next week.Todays volume is probably institutional buying.Did anybody notice that a couple of days ago a very large number of 98,000 share transactions were posted.Makes you wonder who was buying?
I am extremely confident that after almost 6 years invested here my breakeven of 34p will be exceeded.The buying has been constant since the day of the Navitas announcement so any drill news such as Orinduik upper Cretaceous which , imo, is where the light oil resides will surely ignite the sp! Happy, healthy and wealthy New Year to all old and new fans of Eco!
Navitas are no mugs and once licenses are in place will push ahead with their plans for Orinduik….. We Generate Value
Since our inception in 2015, we have focused on acquiring proven oil and gas assets at various stages of development. Our portfolio was built through research into key basins, assessment of undervalued assets and subsequent acquisitions in creative transactions to generate significant shareholder value. Our Management Team has a proven track record of success which has enabled us to access the global and Israeli capital markets on attractive terms.
Excellent post Jack.I have been invested in Hur for almost 4 years and Rbd for 2 years.The WN discovery is looking quite exceptional and whilst the short term traders leave along with their 20% profit I will remain here invested for the long term .This is the beginning not the end imo and I am looking forward to substantial gains over the coming years...
The 2019 CMD was referred to several times by Stobie in his presentation and where he stated that “the latest data will be revealed to the institutions “and I presume the wider market on that day....This is going to be a very significant day imo.
Aduk.Dr T gave a video recorded presentation from the rig and explained that he was now at “the business end of the Warwick drill”.I expect news very shortly.....