Member Info for nhawan

I suspect a puulback is on the cards very soon. Banking profits is the name of the game. At least 3-4 weeks to go for the rig so fun and games in the mean time.

Sell on news ;) Profit taken..

With at least 3 weeks to go for rig arrival I think there will be plenty of fun and games.

Lol a bit premature to start announcing oil discoveries when the risk of failing to isolate the water is still present. Fixing Brockham's water problem is of critical importance and then we need to flow the well at commercial rates to prove up the well. The sp will be demolished otherwise.

Well it doesn't seem to want to close above 5.2p. Some fun and games until the rig arrives I guess.

I've also taken some profit for now. The sp seems to be struggling to move with volume dropping. A nice 2 day run for trading.

It's actually a sell. People fail to realise that the ti,e of the trade was 11.45am when the bid/ask was 5.2/5.4.

This looks like a true breakout. If it closes above 5.2p then next stop is around 6.5p-7p. I'm expecting some more rig news this week to give it that extra kick it needs.

The sp should be around 10p when the remedial work starts at Brockham. Successful isolation of the water means a much a higher sp since the oil would be flowing in greater quantities. Since the shares in issue are quite low the sp should be higher than 20p if Brockham is deemed commercial.

:Lol you must have ran to the site after seeing the sp rises today ;)
Obviously not much going on. The equipment is arriving slowly and work will only start when the rig arrives in April.
Expecting some rig news this week or early next week.

The rise could easily be someone in the know loading up. We know the sp declined befor ethe actual results came out so it looks like AIM is very leaky most of the time. Or it could simply be the fact that the sp has bounced off the lows so people are taking positions.

GeoDave desperate to deramp since he missed the bottom. It won't be getting there again that's for sure. Equipment arriving already and rig in a few weeks time. Expect a rig agreement date this or next week,

There will always be a bit of a retrace after every rise but I think we are now firmly in an uptrend. The sp has been slowly rising for the last 2 weeks and the rise will be sustained as we draw nearer to Aprils rig arrival.

Seems to be moving up quicker. Some big order being filled or is there some good news coming?

There is a clear trend reversal since 3 weeks ago. Anyone still waiting to get in should do so quickly before it starts rocketing. It's common sense that the sp will be much higher when Brockham action restarts. A successful water isolation and a sub 12p entry will be a distant memory.

Expecting 7p+ by the time the rig is on site. The next couple of weeks will be pretty exciting.

Looks like things will hot up in the next couple of weeks. Get in while you can.

Watch the sp rise by Friday or early next week. The equipment is due to arrive within days so MMs accumulating I suspect.

I doubt if the placing shares are being sold at the same price as they were bought. Even the recent Doreimus shares were issued at 5.6p. I think it's just short term traders making their 5% while we wait. The sp will start to move once equipment starts to arrive at Brockham and the rig is announced.

why on earth would any of the placing shares be sold at a loss when the company has set out the plan and is quickly working to restart Brockham activity. Not everyone is stupid enough to believe anything deramping trolls post on here.

They have changed plans. The Balcombe work is on hold until they get an EWT approval. They are now refocusing on Brockham again.