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The last update said they "expect the equipment to be available in December". Work would only start in 3-4 weeks after the update. So subject to everything being on time, which rarely happens, work would only commence around Thurs 13th Dec. Assuming we'll receive an update in the next 10 days saying if this target was met. Results will be even longer wait.
Everyone knows this is just a waiting game until news is made public. Seems like someone is driving the SP down to snatch up the few remaining sellers at these prices before the news that is due soon.
Trust the Echo board as it was made public that they bought in at 12p... I'm sure investors at the Edinburgh meeting weren't sworn to secrecy so anything worth noting would have been shared.
Correct NavTech. Just a very quick check back on posts this was the following from YOLOMAN.. "Subject: Echo workers. Date :3 Sep '18 - I will buy more at ~9p around £100k x"
What's even more laughable is that it is a premium account and is paid for. Either a manipulator or a troll. Be careful on what you read on hear if you're using it for investments
30p seemed reasonable a few months back. Agreed that this is a long-term hold with good news pending, but realistically are we likely to see an increase of 214% on the back of this good news to reach to levels most expected just a few months ago when at 19p?
Any of you guys able to get direct contact (as you have previosuly done) with FMc ??
Seems like with every RNS we're being led to believe that "the next one is the big one". Been in for close to 2 years now prior to the whole 25:1 consolidation and it is all getting repetitive.
Looks like people have had enough and taking their losses by the looks of the SP..
Very vague RNS. We all know the wait is until 2019 but thought they would at least address the tweet and why there are actually no results (when told there would be)
Agreed Lee. An informative forum turned into Eggonabap giving us hourly updates on their investment.
Wasn't that much of a ridiculous question as there are numerous trades allocated well before opening and long after closing...
Maybe given the timeframe given in the RNS of further exploration being Q2 2019, II's are turning their attention elsewhere with the uncertatinty of Brexit affecting the short-term market. Seems to have been the case in a lot of pension fund activity.
For every sale there'll be an equal and opposite buy somewhere else. Based solely on RNS and FM updates, any large trading is pure gambling and averaging lots. Simply researching third party news on the Well sites gives confidence to hold positions until November 2018 news