Member Info for NICKTIMS

It feels as if they hope small shareholders can be suckered into buying the sellers stock. IT SEEMS AS IF THEY WILL SELL OUT AT ANY PRICE. No more buying from me, not at any price!

In 2008 the technology was very different compared to today; they can extract a lot more oil or gas. The oil price is much higher now compared to 15 years ago. Large companies tend to pass old oil wells to smaller companies so that they can use the money for much larger projects. Smaller companies are generally better equipped to extract older wells. If you look at SERICA SQZ they fell to 6 1/2 pence and eventually rose to over 400 pence. They are now around 240 pence. Hope this helps.

I agree, no more purchases from me. Pump & Dump appears to be the mantra.

Thanks for that information much appreciated.

It looked more like a sell. I don't know why trades like this take place after hours. Can anyone explain this?

TRP is going to make us filthy rich! Luvely Jubly.

It will be interesting to see what happens when this company becomes a better known speculative buy? This is one of my gambling stocks which could be in for an interesting ride.

Thanks for this posting, if you see any others, please remember to post.!

Due to such a tiny capitalisation, a rights issue is a no go. A bank loan would be highly unlikely, might as well lend money for punters to go gambling in Vegas. A farm out is my best guess. As Prime Minister Askwith once stated "we shall wait and see"

Correction £8,000.

Jamesthesecond, you mention the word HOPE. Currently as I see it, "We have two hopes, Bob Hope and No Hope"!!!! Someone has just sold off £18,000.00

Jamesthesecond. I share your sentiments entirely. However, this is the name of the game. There are always a lot of ifs, buts, and, maybees. On a positive note JA, being a large shareholder has a lot at stake and most likely wants to get this sorted out more quickly than me!

I would of course have like to have had the well drilled, with a great result and a corresponding share price! However, back to reality, at least we know how the well is likely to be paid for. Thanks for the update. See you next year!

Kever, the main and only question I have is , where is the money to pay for this coming from? any ideas?

This was a great interview, however, I still don't understand "WHERE IS THE MONEY COMING FROM"?

Many thanks for your reply. I look forward to reading the answer.

TRP is a massive gamble, just like the Grand National, however, what is unclear to me at this stage is "Where Is The Money Coming From" to pay for the drilling rig? Yes, negotiations with banks, but clearly uncertainty, a rights issue is very unlikely due to the capitalisation of the company. Your views and thoughts are welcome!

Indeed, Xmas will soon be here!

Shorters expect the share to fall because they don't believe the BOD predictions, in six months time we will see if they are right or wrong. All shares are news driven, for this reason the shares will drift. Must admit to losing 40% on this stock so looking forward to Xmas to see if I am right or badly wrong. I am confident the BOD will be correct, however, do your own research.

There is a lot of bearish sentiment out there, worries concerning high inflation, higher interest rates, and, shorters preparing for a big crash by the end of the year. What is the point in investing in shares when you can receivie 4.5% on a Gilt? I believe Mobico is a great company with a worthwhile future, albeit a few bumps in the road on the journey ahead. For me, I see a fall as an opportunity to buy.