Member Info for Mtruckle

If it's not too forward, you're more than welcome to email me on michaeltruckle1998@gmail.com for any more information - always up for a good discussion/analysis whether it's ECHO or different companies

My thoughts are similar - we've all heard 'buy on the rumour, sell on the news' but the Argentinian deal isn't a rumour, we know what it's about and when it's going to happen which I assume could lead to much less hype? I don't want to appear naive but Fiona has 24,000,000 warrants at 16.12p which I believe can be converted by 2020 (might want to check that), nevertheless, even if you bototm drawer these I feel they will be above that in a few years to come!

You're more than welcome @loz786 The presentation was good but, like a lot of people here, I can't quite understand the share price when a deal should be signed by Monday?

Hi all, First of all, apologies for the delay in posting on here! The slides obviously tell most of the detail but here are the main points which I also wrote down: - March 2018 - Drilling should commence - Tapi Aike - Potentially has 41 plays to extract a potential 22.5 tcf - Fraction C - 1/3 of it has a 3D seismic - presumably the rest is 2D but I can't confirm (sorry!) - Fraction D - Apparently 'old into its life' with 23% of the reservoir already being extracted; however, despite other investors telling me an average extraction could be only around 35%, as it has already produced then getting the extra 12% shouldn't be too difficult. - Bolivia - a 3d seismic was made in the 1990's, this is being re-processed and should be released this summer - There are 7 wells to drill (not sure which area this is?) into and each should produce $5-$7mn, if even just one comes in then they can drill 5-10 'development wells' around it to try and extract more Apologies for the vagueness but please ask if you have any other questions or alternatively email me on michaeltruckle1998@gmail.com Just a couple of quick things: - Fiona made it clear that Echo are very friendly with the Bolivian Government and they are constantly (supposedly on a weekly basis) talking to them about new opportunities. - When questioned about political risk, Fiona seemed rather confident due to being partnered with CGC and so it wans't a worry. As for the Argentinian deal, the 29th and the deal wasn't really mentioned (as far as I'm aware), so let's hope its all still on. Please feel free to add to what I have said, correct me on anything or ask any questions!

Is anyone here attending tonight? I certainly am and it would be great to meet some of you GLA

@MrMarkyB - do you know when you have to hold shares to be eligible for the open offer or is it anytime before the SP hits 17.5p?

I'll be going to I'll happily update anyone/answer any questions afterwards :)

Will be interesting to see what the results are like tomorrow - I remember the last set had a fall due to not including the easter holiday flights - do you think that will boost tomorrow's? GLA

I have been following this for a while but haven't posted - certainly interesting times when trying to call the bottom. Looking at the technical analysis, I think we might be close to seeing the bottom - Golden cross is likely to happen if we see a rise on Monday. Good time to buy in? Any thoughts?

I have followed your posts on here for a while now, what are your thoughts on TalkTalk after today's results and with Dido leaving? Will you start to gain a positive outlook at all?

Any thoughts ahead of tomorrow trading statement? I'm worried that the fall today is showing nerves despite the recently rally we have had since the 05/01...

Any thoughts ahead of tomorrow trading update? An upbeat day today could show signs of confidence heading into tomorrow trading session?

I believe the trading statement is coming out tomorrow, the charts show good momentum although we're at a resistance of around 900p, any thoughts on whether it will be broken or fall back again?

I'm hoping so, I hope the BOD will start to consider the shareholders as this has taken a beating and isn't showing much activity.

Thanks for the advice, I think I'll buy my second tranche post dividend, it's good to hear from you guys - I prefer to ignore the others and listen to decent, honest Pi's, GLA

I have an average of 200, looking to average down, any ideas on whether it is worth now or post-dividend?

Interesting times with the share price as there is no support or resistance to read from. I hope this will stop falling but I will buy another tranch if it goes sub 175 to lower my average (currenty 200p). Not sure whether to go in before or after the dividend, what day is the dividend being released?

I agree after learning from yourself, there are some figures which I hadn't realised. The results also caused a few problems as the SP feel below 190 which worried me. Hopefully this will recover, GLA

I mainly carry out technical analysis so I am basing this on just looking at the support and resistance over the last few months. I understand it is basic but I have only been trading for a couple of years. However, it really helps hearing about your fundamental analysis, I learnt a lot! I think the share price will recover if it stays above 190p as there is a previous level of support around here.

Thank you for explaining your views, very interesting to say the least! I really felt that they're starting to recover after reading up todays report but accounting can be 'creative' to show what us shareholders want to see. Perhaps it fallen because people seen what you did straight away?