Member Info for munchbox54

Strider4 .... glr has a one hot wonder on copper results , it's unknown and speculators all over it. Mwg has a proven n patented technology that's employed in many systems hence making it a better investment n certainly less risky. Here it's all about contract wins n revenue, there it's all about how much copper is in the ground. Different ball games all together. So I think your wrong ....again.

This is it with eland. Always seems to have a funny trade pattern. Personally I'm looking to re-enter but will wait for a slight drop from today's sp. around 52p is excellent entry n hopefully I can stack up again. Here's watching n waiting like a hawk!!!

Strider4. Although u r correct in what u have stated there's one thing u must realise, the market will value or trade the sp as the NEWSFLOW of contract wins come through. MWG needs to win contracts for their technology to win over the markets n then the share price will win. Personally I see this in a trading range for now but saying that I think a few contracts should be announced very soon as they mentioned in the last rns regarding update

Looks like I issued the rns a day before eland did lol. Oh well ...atleast every little helps.

Herminator. Your looking at norm of 30 days for a sidetrack to drill and to get in to production I would envisage a total of 45 days from when they START the drill, so currently as we know they are setting up equipment n facilities gearing towards drill of side track which should commence start of July with results of the production rates n tie in completion towards end of august. Just on a cautious note ...eland have never surprised of the " ahead of schedule" but have rather been delayed more often than ahead, therefore I would personally say early September before it's all locked n loaded with cash flowing in from the op-7 well....then straight on to GB-1

On twitter looks like mwg are looking to hire a sales manager. Must be a positive sign.

Is this stock has to be news driven. Contract wins on a regular basis will push this. Given the fact they are in a niche market they should be signing off cash tracts at a decent pace now they have extra sales managers etc etc. Hoping for news next week.

Could be we expect something next week ? New contracts ? Surely they must be working hard on those significant enquiries they claimed to have coming their way. Hope so!!!

Loool. I know I'm a pain. But can't help but think it could spike big on this news.

Placing oversubscribed and the full $19.5m raised. Wow. That was quick n shows really good support. Also there's a mention that the op-7 will spud immenently. Maybe I need to get back in looool.

Look at today's rns from seplat. Very interesting. Looks like ela could bounce.

Benjie. I think your a little over pessimistic buddy. The one reason I think they timed this rns now is because raising the money with the terminal open is a HUGE plus for the ii investor. The trucking case would have been more risky n maybe placed at 50 or even 45p. Fact they can present a decent investment case now backed with the pipeline route will be very tempting for many ii. Can see it all being raised with no problem and maybe a bounce in the sp on confirmation of that towards 60p by early next week.

Ouch. This is what I mean, ela mentioned in one if the rns that they have $8m and expect another $8m in a few weeks ( just woke up n can't be asked to research right now lol). So that would or should have made $16m. The fact is they only have $6m in the bank still shows they are due a payment or it's been delayed. It's starting to get messy here n like I said op-7 and g-1 will be done by year end. Ubima early next year. Even after these new wells it will be roughly 9,000 bopd to ela. Hmmmmmm not getting me out of bed at the mo. Good luck guys

Same story here. Nothing much to say hence the 4:30pm rns. Repeating the same stuff again n again. Good potential here but I've now put these on alert around august as drill turns for G-1. Until then other fish to catch n skin. Good luck guys. See U then chaps.

There's just no way this ride will Stop. It's clearing out sellers as it moves up which is always good n healthy for the sp to continue its upward momentum. Personally I'm happy to hold here, would luv a nice deal announced this week,the show in shangai is from the 4th - 7th so tomorrow is the last day n expect further buying pressure. There really is nothing on the market that can compare to this company for potential right now. Fill your boots guys.

Come on baby!!!! Let's get a nice contract from china this week n a nice 25p close on Friday !!!

Thank you. Much appreciated

I'm Sure there's other funds waiting to get in. Nornallynfunds buying in to a £14m market cap is unheard of, just shows you the explosive highs this will make in 3-6months. Personally I want to hold for 50p. All It will Take is 1 or 2 mega rns deals n we are there !!

Looks like this time the bull run will have depth n substance. Another 10% tomorrow is a cert. just need that pivotal rns of a major commercial Contract worth millions to really get these to where they belong ! Glad I bought in last week.

Big move up this week.