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Analysing takes 2-4 days after they have the results mate. They have had the results a few days before telling us. I'll let you figure out the math by yourself on that one...
Actually they will - they have to announce the amount of oil in the upper SFS. They said on their chart in March it'll usually take 2-4 days after the flow test to analyse it.
Lovely DD -
They need to announce the amount of oil in the upper SFS this week too. My concern is if they drag that out, we will lose momentum. If we hold .35 tomorrow then they 100% need to tell us on Thursday (famous for an RNS). If we keep runnin tomorrow then no issues at all. It's all about keeping people interested, especially after a 50% increase! We don't want to go back to square one at .20 odd again this week with no updates!
I'm optimistic but Ashley needs to play this right!
The Yanks will come good eventually, just early doors right now. Give it till the end of week, maybe another RNS and this will fly ⚔️
So it will come through on tomorrow's open?
We only had small news today, we will rise properly when they give us information on how much oil is I'm the upper SFS this week. Patience, 50% off this announcement is very good!
Ha ha nah I love the Aussies to be fair, very good people! I'm excited to see how this week unfolds too. Now we have completed the first step, the news will only be positive from here on in -
How much oil is in the upper SFS
Results from the SMB B (amount of oil too)
"The next stage" - will we sell the lease etc.
April will be our month. I'd love for us to reach 4p if everything is positive by EOM!
GLTA!
They only just installed dial up Internet last night, apparently a dingo was chewing their cables so all the five traders couldn't get in, not their fault! They will be up and running in no time!
No bother, as long as the Aussies don't fook it up and figure out how to log into their brokers this week, we should have all three tickers moving nicely on the lead up to it! The Yanks will come through and we will follow them visa versa!
Stratton we only know the bopd right now, they are yet to announce how much oil is in the Upper SFS! They said usually 2-4 days after the flow test after testing it, so wait for that announcement - then we will see the true movement for the 1st flow test!
Stas as in, don't buy in to this MM conspiracy! As I said prior people will quit swing trading it and just go long soon enough, hopefully after today! GL!
Take your tinfoil hat off Stas! I do agree with your spread points though. People are just buying and selling for small profits with large amounts of capital. Eventually, once it breaks a certain point (or a tut goes long) - they will stop and load the boat themselves! GL!
Why would they show them as sells? Makes no sense!
Thank you Taximan! We will more than likely get there this week after people start buying in with the anticipation of another positive flow test!
Also if both are positive, you'd half expect offers from oil companies to take what we have too. Today seems to just be the beginning for us! GLTA!
Exactly yes, it's so early and we are already looking to break the resistance at 0.0037p - 1st successful flow test and a second to come over the next 10 days. People are only waking up to this news, and wait until the media start bringing in new buyers. I'm just delighted my average is at 0.0033, happy for this to rise slowly over the next few weeks then hopefully take off once we have 2 successful flow-tests under our belt!
I have no idea what the fook you're on about VT, but it sounds promising 🤙
Wait until the Yanks wake up and get involved. They have the buying power to send this past .40 today!!!
17M and 9M purchase back to back, heating up in here!!
It is mind blowing that so many people are selling today, even after such positive news. I mean, how can one be trying to profit from such a low price?! Patience is the game this month!
So it looks like this one will be a slow burner to get to the penny zone, that's all damn right with me!
I was expecting more volatility and a bit of a spike ngl, but if now it means we have to let it grow each day until the SMD B results then so be it! Understanding that we have commercial oil (and much more to come) is enough security for me to sit back, and let the SP rise.
My new target is between 2-3p by the end of April! GLTA!!!