Member Info for munchbox54

ive bought in today.

to all the lth good luck because you deserve it after being patient.

to all the de-rampers ... whatever happens there is a floor that has been put in and this price is here to stay regardless of what happens, my thoughts are the wheel is fully in motion and monday will signal ones intent.

offer levels? im going for a price thats above recent director purchases and probably below their early buys so everyone is happy.

£4 offer will eventually play out, monday we will get rns saying the company is in talks.... price will go up and eventually they will agree £4-5 a share.

expect 100% mark up on monday with the simple rns that they are in talks.

I sense it hence I’ve not topped up. Won’t be much of a discount. Probably 65p. But I can see one coming to fund 2022

I agree there’s definitely something huge happening in the background but for the life of me I can not understand why we are still here.

There’s been buys -yes but equally apart from the distressed seller there have in my opinion been an equal amount of sells.

I think the mms have sneaked in a few big ones through on different days like the 2x500k trades but we are all trying to be positive yet they have created this “ numb” feeling of sentiment in the stock.

The news due roughly averages an rns every 7 days but could this all be a cover up ? I’m not guessing sp prices again but I feel an rns may drop tomorrow as mka has performed strongly on Fridays for a while now and what on earth happened to that 35% rise in a single day a while back ?? We really need to motor on here. I am not selling a dime until I know their plans with songwe and as MYLES very astutely found in presana rns that they have a license deal already in the bag so why no rns ? Again this could all be to save the news until that offer lands. There’s no other reason. This management is brilliant in deal making ….. let’s see what’s under the covers. Come on mka …. We’re starving here …. Can we have some bread please …. Not a loaf …. A slice will do for now. :))

So I noticed this pile of rotten carrots.

Can’t believe this stock has played out so bad. It’s like the Bod really couldn’t care less. There’s deals being done all over and production was key even if they got 2,000 bopd asset to start with.

Sooooooooooo glad I bailed out here. Problem is not the low sp ….. it’s just that it will take too long for the recovery.

Egyptian discover is years away ….. at current prices they can’t buy assets without fundraising so what’s the catalyst ?

Further drill results are probably going to be hit / miss so back to square 1.

Ps. Can’t believe kistos is steaming. ANdrew Austin has more credibility and better vision than the entire lbe board. I’m not coming bk in here. Although wells funded they could now raise to buy production assets.

Hyper. You say there’s nothing to see ….. it depends on your vision. It’s obvious you can’t see much and it’s not avacta but it’s your eyesight. I suggest you try looking at some Ponzi bitcoin investments that might suit your vision. Good luck bud.

sanchez, i believe that these sells were from another session and not today, if so then theres spmeone buying them because as you said the sp would have been down 10%.

super, i agree and the BOD need to fix up, i think a few emails wouldnt go amiss here and im certainly looking at emailing them by end of week to see whats going on, i think Myles would have a greater impact since MKA actually follow him on twitter.

The trading has been strange for months and i think they are all in on it, i see TOTAL ENERGIES agreed a $125m sale of assets to Kistos (uk) yet what was telling that it was cash upfront and not these take the assets and pay later as most oil deals are and dependant on production etc etc.

so they seem to getting their money ready..... could they bid for mka ? they sold a non core rather small asset, i think they are about to make a move.

Is that we can actually forget about charts.

The mms are starting to bore the life out of us and it’s strange how these large sells are being processed yet we are on the verge of major news.

I would like to say I’m calm …. Which I am but this is getting really weird as price is dropping and large sells pushed through yet probably the biggest news in its history due … hmmmm???

If the mms are trying to cause poor sentiment …. It’s working but I’m not selling.

Mka need to pull out some stops. After all we are expecting news on many fronts and going in to feb we are 8 weeks away from the end of q1.

It could all be a front and takeover could be agreed but why the sells? Myles stop loss kicking in ? Doubt it. Some sellers trying to force us PI in to selling ??? But for what ?

I know we are all looking forward and positive but the price action is starting to suggest otherwise. If we don’t break 30s this week then I will start to think about the games being played here and if I should go in with that 100k share purchase that I planned at lower prices.

I simply will not cave in here. Ask is being held up. Something just give. Texting my patience to say the least and that’s just what mms want to do. We can’t blame it all on them …. Obviously other things are going on …. For me it’s now become a duty from mka to tell us about songwe and why they bought out takaxis. That could fine after the pilot testing results. :((

can see £1.10 by close.

my first purchase of avacta shares. lets see if i bring that midas touch with me :))

its getting silly now but facts are someone is selling this down, i would look to add more but only on confirmation of the news jimmy said we are expecting....yes i will end up paying more but i will feel better knowing its progressing, on the flip side dare i say something odd can always come out of the woodwork but fingers crossed.

chart still shows a test of 7p is likely.

lets keep it real here, generally a decent bb.

I'm surprised to see the continued falls however i think its certainly time to think about toe dipping for me although i just feel the market is playing this cover up game and we will get 3-4 really brutal days or a black swan event that triggers off a huge sell off across everything, i think those are the days i will really go in here strongly.

fres look like they have decent production volumes ramping up and could well be the darling again come 2023 but this year in general and i mean for all stocks will be dictated by if and when we get that expected 25-30% correction in the markets.

good luck, i'm waiting patiently here and feel a real bargain could present itself soon.

Looks like the mms have given up. 27 bid already. I can see 30p with a few more buys. Let’s see what today’s fruits bare.

Whimax. I do trade but I also hold long term aswell.
It’s just pure frustration here at the moment.

Jimmy. Thanks for the reply. I guess we are all in the same boat.

Sanchez. I think miles could have exited his ST swing position as it wasn’t many shares and we certainly turned over more than his ST position in the last week or so. His longer term position is in no doubt and I believe he’s a bigger advocate than us when it comes to mka.

Come on mms ….. plz give me 24p to buy. I’m ready. 100k top up is on stand by.

Well what can i say, they can raed these bbs and they can play their games but like leonado di caprio says famously in the wolf of wall street " we aint f leaving"

I have some powder dry for 24p... lets see how desperate these games become because markets are blue again.... we are down again on 5 trades supposedly.

unless theres something major wrong i can see a bid coming in pronto and we aint getting anymore rns news feeds...that was just a cover up.

jimmy luv ur posts bud but ive made that mistake before by falling for a Zengas and many other informative posters before who had excellent info dont get me wrong but the sp told my account balance otherwise.

This is pure nonsense for the sp to be at these levels after the last results and my guess is that we go back and test 7p in the short term because these markets are sensing blood everywhere and the last 10 trading sessions was a taster of things to come.

Also lets hope the first well does not experience any issues and for the record i dont trust Adonis as far as i can throw him.

We should be settled nicely at 12-13p for the next leg up. rrrrrrrrrrrrrrrrrrrrr

My experience for what it’s worth suggests that when a price normally falls with major possible news on the way is to scare off current holders and force many to sell and dampen the investor sentiment before the big news drops. Otherwise with all the hype it would be easy for everyone to make money …. Well the market doesn’t work like that.

Also many sells are being triggered with stops aswell as the forced seller the other day. One thing is for sure …. Only the strong will survive here. We are definitely in the strong team.

Surprised to see mka standstill when the Market is putting done green shoots out there. Surely we deserve to be back in the 30s for starters. Weird goings on here.

Rock, I agree with you. I think £6.40 is first stop but can see it around £5 if the whole market tanks taking commodities n equities with it. This is not a long long term play and there’s always the political risk with Fres especially with the assets it has. Looking at entry around £5 personally. Good luck.

Anyone notice today’s after hour trades ? Something big is afoot here £40-50k a pop going in or out. Let’s hope we breach 30s tomorrow.