Member Info for mrc_mrc_mrc_mrd

Lol, alright keep your pants on 60p!

January,

I would get bought back in mate?

Market looks ahead. It doesn't give too hoots what's happening in little old engerland

Very nice! Director putting hand in pocket to buy on the open market!!!

Wow this is great watching the professional ramping / deramping teams go up against each other.

Nothing quite like a bulletin board mid drill!!

GL All

The DOW is bullet proof. Good luck calling the top of that.

You bought back in yet buddy? What's your target?

Often this share rises in the afternoon. This looks like a bit of a tree shake to get rid of the weak and inexperienced investors who came in on Thursday/ Friday last week. Once they have taken their small profits we should start to rise IMVHO.

New investor here as of this morning. This one has been on my watch list for the last 10 years!

Hopefully I have entered well.

People always take profit too early. Best thing to let it ride in my opinion

Bit of an overhang while baron offloads lol

She is blowing in from the east January2!

Hey dodgy, you've got your chance to get in below 14p

Congrats

Oil on its way back up, volume good here. Rise inevitable??

Opened flat but motoring now. Once 14.2 goes we are off to the races IMVHO

Oh dear, more deramping I see.

Im curious how these long term holders seem to want the SP to stagnate - have they all sold and filling this BB with misery to get a better price?

Mind the Gap as they say!!!!

GLA!!!

Looks like we are on for tomorrow;

Should be an exciting day tomorrow. Expecting very high volumes. All the big boys taking an interest in little old ENQ.

Hope nobody is short as this could easily gap up! Could even drive this up to 24p as they try to close before dropping back to 18-20p range. Let's see!

Accountant - half our production is thought to be selling at a decent premium to brent.

Kraken oil is used with minimal blending as a imo2020 compliant fuel. The last time I checked it was around an 8 to 10 dollar premium to brent.

FCF BE target of $27 per barrel. But they always conservative with targets.

Ammu you are fighting a losing battle today m8

Beware the gap tomorrow buddy!!!

Be careful posting anything other than opinions.

Your "facts" are nothing of the sort...you have no idea what debt is sitting at.

Ariel, Chris,

My view is that Ruvuma is a short term liability if held. It is consuming money, not making money.

It is only an asset if it can be sold or exploited.

And that is the problem. The asset is too costly for a company of our size. It should have been sold on to someone with deeper pockets years ago.

Chris - what is your timeline for these 3 events you mention? What is the cost to get there? What will the sale price be at that time?

It should not take this long to monetize an asset. There are better places that a 10 to 15 million dollars could be invested for shareholder returns.

Ariel - do you think it is acceptable that it took 2 years for the AEX farm out to complete? For me it shows that Tanzania is a very difficult place to invest.