Member Info for mushroomkid

I don't think I have known the board (and the sp) to be so quiet in the year or so I have been invested. It's almost as if we are seated in a snooker hall, waiting for the black to be potted for a 147.

I've been using the time to update myself on fracking technology via some of the numerous youtube videos on the subject. I haven't seen one that refers to volcanic rock, since many are quite simplistic, but I guess the principle is the same.

Yes stix and thank you! What we end up buying will depend on this little company. Either a scrawny patch of scrub next to the sewage works or a fine palace overlooking the Silver Coast!

Nice one abzzba. We will be motorhoming around Portugal soon for several months and with a view to finding 'something or another' for the future.

Regarding EMS-1001: How was the drilling area selected? Were the search team allowed free rein to test a much wider part of the area before selecting the most likely spot (a bit like that bloke on The Ballad of Buster Scruggs), or were they allocated it? Clearly, if they have run tests over a wider region and found the most likely area for a successful drill , 8 sq kilometres might be all you would need.

It is quite intriguing to watch the share price bounce along for several days in what appears to be a quite unnatural way. I often wonder what happens behind the scenes on AIM.

Dunno. Exciting though! I do a bit of acting for my sins and I'm supposed to be learning lines. I can't for looking at this bloody screen every five minutes :)

Sorry, I meant well done WT not TW. I'd just been looking at my housebuilder shares before I typed that. Anyway, it all bodes well :)

Well done TW. Same thing happened to me a week or so ago, just before the price spiked so maybe it is a good sign for later? Some '2pm type' RNS?

Looking at the perceived ages and experience of the management team, I can only think that this would be looked at a as a career 'topper'. A 'several year' focused project which, while tremendously exciting for the participants, needs to avoid undue and unnecessary risk. A carefully crafted plan that plies these industry skills towards a superb finish, seems more likely to me. Yes some risks, some speculation, but less perhaps than a younger team might take and always with a view to getting a solid reputation for excellence.

They've shown this focus by keeping a very tight lid on claims thus far and would, I am sure, look very professional to those licence issuing authorities concerned.

So, I predict a slow start, well within funding capacity, then faster momentum as success dictates.

After that, sell the business and have bragging rights forever. :)

“A back street in Bourton on the Water” ...haha. I now have this image of one of those up and down cranes outside ‘The Olde English Tea Shoppe’

Anyway, keep em coming 250 I drool over your posts like a drunk outside an Indian restaurant at 11 pm on a Saturday night.

The last rns came in around 2pm. Quite a surprise really but I guess it might reflect the time differences between the continents. I can’t put any more in. Ive got shares in my normal account, my isa and my pension, so it’s just a case of watching n waiting !

Haha nice one Cpt. Morgan. My prediction was wrong yesterday ahead of the Brexit vote and belatedly correct today after the vote to reject the deal and give us more uncertainty. That's why I am not rich.

So the perceived chance of commercial success per drilling at around 38-40% per drill. I equate that to rolling a couple of dice as many times as there are drills and scoring eight or more to succeed.

Or did I misunderstand?

Shpunken - I believe it was during an interview that Fiona explained about the restriction on the wording of their announcements. The upside of it, of course, is that when they DO use the word 'discovered' you know that means it is all starting to flow :)

Today's rns reads well. I should expect some surge in buying today.

It's taken me two hours before I could buy online this afternoon. I presume it's because people are keeping their mitts around this share!

For those on here who have multi-bagged before I wonder how you deal with the decision regarding when to sell? I've never been in the upper stratosphere for a share before (and I know we are not there yet by a long way). However, It must be like on 'Who wants to be a millionaire' when the next question can drop you to £32k or make you £500k. One would be 'well alright' and the other 'transformational' (the buzz word :). I hope I have the cold-as-ice attitude if/when the time comes!

Interesting question. I made a small deposit in Sound as opposed to Echo on Friday but purely to spread the portfolio a little. Both seem to be poised for greater things but I have followed the progress at Echo for a lot longer and therefore feel more confident leaving the bulk of my investment here.

Some funny posts in here today.

Marrakesh - I'm very happy to read the posts from 250SWB. They are laden with information and, if you scroll back, began before the recent price surge. The information provided is good reference to the possible journey ahead and the logic fully open to scrutiny. Long may they continue!

I think we have to acknowledge that there is a significant world-wide market for 'day-trading'. The participants possibly have scant regard for the medium and term prospects of the companies they trade in. They are essentially gambling on price trends over a very short period of time. E.g this share could have made some reasonable profit for some over the last 24 hours who are no longer shareholders. You could argue that the drop of 50% of the rise is simply giving back that money temporarily donated yesterday anyway. Still annoying of course but on a brighter note gives another opportunity for longer term investors to buy in today at a more realistic risk/reward price.