Member Info for mrc_mrc_mrc_mrd

Unlucky Dodger, but a profit is a profit!

Still room for more here. Expect a few of the stale bulls will exit at 18p so could see some consolidation there before the next leg up.

18p Monday has got to be on the cards.

We are banging right up against resistance. SP finished on Friday at the intraday peak. BAron and SharePro*gets getting the word out over the weekend.

And on top of that we have POO rising, vaccine getting blasted out, new drug out that cuts deaths by a third.

We got this!!!

Lol, brave man chris, though in this case I think there could legitimately be such an arrangement.

Very unlikely IMHO...would it really be worth someones trouble to take on less than the full 25% at this stage?

Personally I think SCIR are stuck with Ruvuma - they have had a long time to offload it now. That is why I have proposed a quick cheap sale. Your read a cross from the AEX deal doesn't seem to be attractive to buyers.

BOD should cut our losses and get after the new strategy. A sale for $10-$15 million dollars would set SCIR up nicely with a bit of production in the north sea.

AIMVHO ;)

22p would be a seriously life changing profit for me so I hope you are right hitman!

Covid has certainly presented some once in a lifetime investment opportunities

This is the problem with SCIR. The gas in the ground is worth a fortune if it can be extracted and transported to market.

Deep pockets and plenty of patience are needed to make an investment in this type of jurisdiction work.

The last licence or whatever it was that held up the AEX farm out took the best part of 2 years!!!

SCIR cannot afford to hold this asset and that puts us in a very weak position. If we can get out for 20 million I will be ecstatic.

As to the BOD, they need to be held to account. I, like many, bought into the hype when they came on board. I gave the benefit of the doubt when we saw the Gneiss fees.

However now we are resorting to this horrible SP destroying finance that I was sure would be a thing of the past under this BOD.

A lot of people follow these guys and make money. They can get word out about under valued shares and this can have a high impact for lightly traded shares like enquest.

It's worth paying attention to what they say precisely because people follow these guys!!

Shareprop*ets...

Very nice. This guy has a lot of followers.

************* also have as a speculative buy.

Tasty

What does the dow jones have to do with ENQ. Lol

Love it Kraks!

I'm the same man, very confident with my 11.5p average

Good to see you back on the boards Krakenoil

18p this month

30p this year

60p in 2 years

Just my opinion, needs POO to stabilise above $60. Expecting B/E costs to be very low this year but rise next year as capex needed to replace volumes / reserves.

Some favourable deals could see it even higher, and in 5 years no reason this can't be above £1 again.

Agreed laid-back - US shale has had it's day in the sun.

POO now needs to rise to encourage conventional investment

ENQ well placed to take advantage

You are flogging a dead horse there on the debt front Ammu - you agreed yourself a few days ago that with cash and at $50 oil ENQ could easily repay debt.

You seem to??

Apologies - I've lost a year - should be Jan 2016 when it was 17.5p.

So even more wrong of you!

Incorrect ariel - price of ENQ on the 8th of Jan 2015 was 32.5p and it has traded sideways since then.

RIfL - at least get your bashing correct.

ENQ looking great for a POO recovery play.

AA made a valid point on another BB about looking at long term trends.

Just checked the SCIR and SOLO charts.

The last 5 years have seen a near vertical descent in the SP. Hard to see how anyone other than day trader could have made anything here?

7p down to 1p and we have got rid of most of the company assets since then!!!

The value destruction by consecutive BODs is incredible

Always happy to help a newbie Ariel.

There is not much of a long term trend to speak of in the last 4 years.

I could qualify by saying the short term trend is your friend. Context is always important.

Stock and commodity prices tend to have a certain inertia and this is why going with the trend works. I am talking about real businesses that sell something. Not the fly by night / fraudulent companies you seem to post on.

Someone once told me that , "the trend is your friend"

The trend for ENQ is up. We may have a few red days, and it might take days or weeks to properly re-rate, but this is all part of a healthymarket. Happy to hold for the long term growth here with some short term rapid SP improvement.