Member Info for munchbox54

Volume strong indeed. Fair to say the sp will establish support / resistance at current levels.

Would luv to see if finish blue today which would be super bullish going forward and for the rest of the week. 2pm-3:30pm usually provides many trades and a decent movement in sp so let’s see what today brings.

2122. Happy with that. Will keep adding anything below 2150 on a weekly basis. Let’s go.

Gamflin. I’ve been banging on about spirit the minute I read about them. They just seem cleaner , richer and something that AA would thrive on getting ...... here’s my part .... I’d be happy for them to nab the 30% stake rather than the 70% of Centrica because I personally want to see RRE to stay debt free and they get 30,000 bopd extra making it total 50-60,000 bopd exit rate for 2020 and we can buy it cash. Over to you AA

Let’s me quickly clear up for all the hillbillies and beer bellies including myself on here about shorters.

Shorters = gamblers

They take a gamble of the stock falling, yes some evidence helps them decide to take this position and if you 7ft 7” hard guys out there that get scared everytime you hear the word “ short” need to read the papers from 2 days ago .....

Some of the largest and most intelligent finds got burnt $1.2 billion in Tesla stock that had short positions and are not out of the woods , shows you they get it wrong most of the time.

Personally I believe that comparing TLW to other stocks like Zagreb is wrong because :

1: oil price is high and will stay high
2: assets are huge and can raise good money
3: too many positive catalysts to come within the next 3-6 weeks.
4: they wont just lay down on results day in March ... watch out for the surprise and for god sake it’s TULLOW oil at 55p ???? Wake up .... all of us that wanted to buy this stock at £12 but couldn’t now finding pathetic excuses to not buy now. I’m in with half a truck load and fully expect the sp to bag atleast once by March and 3x by the year end.

Was watching this thinking maybe it will go lower but the Bounce was a little scary ..... it’s like These are NOT going lower and I firmly believe we will break the £23 next week.

Come on AA ..... spirit energy are calling !!!!

Neil..... there’s too many traders out there to let this fall below 45p without pushing it above 50p again so 45p has major support even on the TA charts.

All / most is known so no negative surprises left.

Only positives from here :

- appointment of a good profile ceo would see a 20% jump

- sale of asset or farm out would see a jump.

- you talk about it being nearly 45p yesterday ??? It was nearly 70p last week. For me the next 1-2 rns will be positive and each have potential of 20-30% gains on news

Noggers... it only effects a Compsny negatively if main assets are sold without any growth in place .... not in this case .... retain production and REDUCE DEBT.... anything to reduce debt in the market and the mms will be scrambling to Mark this up atleast 20%. For me it’s simple ..... down side 45p ... upside £1+... no brainier really

Excellent value here. Let’s go !!!!!

got reported from Lek bb. Lol. I’m not saying anything anymore.

On Friday outlined the funding issues they had for the other licences. I’m hoping some of you can recall this post. My average is 7.6p for 180k shares. I’m happy to take a loss of say relisting at 5p n jumping ship as I’m up on another stock so I can balance them off but I sincerely hope that it’s not illegal because very simply the company could be gone from here or raise mineyb( as I suggested on Friday ) at a serious discount of say 3-4p rights issue

No angels. They mugged us from holding the World Cup in 2022. They are as dodgy as anything out there. It’s obvious these same scammers got with Nigerians and pulled off a classic. Makes you wonder why the charge it was solely on the asset and not the company. Stinks .... really STINKS

I don’t understand where the bitterness has come from. I’m happy being a clown if that make you feel better about yourself. After all the bb is about opinions and they change from time to time. In the mean time I gutted you keep hold of the 350 shares you have invested in here because only when the sp goes to £200 a share will you be happy .... I think. Enjoy your weekend n look forward to another positive week here. Yours truely .... munch the clown :))

Soberman , I find it amusing you calling me a one time Charlie. Charlie is up £15k. Not bad hey. Not to be trusted ? Looooool. Best leave your wife at home when u go out then hey. Good heavens we really do have some nerds on here

Guys guys come on. I only shared my opinion of what is possible , after all I roger dusters opinion that the sp sometimes annoys u in its limited movements , I still hold and im soo glad I got in because £17.35 seems a long way away. Apologies if any are upset , I don’t control the markets or the mms for rre so my opinion is only for this bb. Amazing how many spit the dummy out when a teal possibility is discussed. Come on AA. Let’s have £80 for starters ...... happy everyone ? ..... good to see you have all forgiven me. Thank u

Hi guys, I’m hearing most of you and agree , rookie I think the £30 before a deal is very optimistic.

Reality is 99% of us here would take any sort of deal tomorrow that atleast doubles our money , even 50% if I’m being honest at the current market , reasons being :

-Too many macro events
-Oil is at a fabricated price and will
Likely fall
-trump in unpredictable
- markets at peak and due a correction of atleast 10%
- other issues that don’t need listing .... lol.

Therefore I feel if there’s no deal within 3-6 weeks then there will 100% be a market pull back and we will
Get caught up
In it.

Just my 2 pence

Guys I was just reading the last set of rns releases ...

So we have the following .....

Opl310- funding sorted and payments will cover this asset alone.

OmL 11 - shell will fund it / offtake

Opl 325 - where our funding ?
Opl276 - funding for existing discoveries ?

Otakikpo- production increase expected but where funding coming from ?

Is this the reason why we are being held back ? Is this why baron sold some because he knows we need to raise some money ?

I do have a feeling that unless there’s a farm in partner ( doubt it ) then Lek might need to raise some small money to push through next few months ..... after all all the newsflow and assets where still there at 3.8p yet nobody seemed interested..... because of the opl310 funding now it’s all on fire again ..... or maybe it’s just me lol

Will come over time and the sp will not go up in a straight line. LTH just relax and day traders ... good luck. Not worth selling for a few ££££. Maybe this will fall today and maybe it won’t ..... one thing we do know is OIL is there

Hope your enjoying your Friday sp rise .... just you watch next week.

Too much activity happening and all along whilst companies are looking at acquisitions along with RRE .... has it occurred we may actually be the target ourselves. lol. Boom time coming. £20 is going today

I mentioned this a few months ago but got a reply saying pmg have a lot of heavy oil so maybe not something AA will go for. Personally I think now AA will want to be among big boys and is looking at $500m - $1b acquisition