Member Info for norfolkslim

I may well be wrong, but the share price movement has been quite interesting this week - moving a pound or so down or up from opening prices intra day, but usually returning to more or less the opening price at the end of each day. Strikes me as possibly MMs trying to stimulate some share sales ahead of results? I'm holding since 2700p and planning on holding for the next few years. My target is 7500p in 12 months time, with good dividends maintained in the meantime. GLA DYOR etc.

Agreed, Georgia is a beautiful country. The older folks have that Soviet stern faces, but the moment you smile at them they break out into broad smiles too, and are so hospitable. The only negative is their ridiculously dangerous macho driving! I’ve been twice, and also a road trip round Armenia which is beautiful too. 👍

Interesting comment re: CGEO, although I'm not sure I follow your comment about growth - CGEO has risen 44.64% over the past year, versus CGEO rising 47.50% in the past year - v v similar growth in percentage terms.

The market seems to like it thus far, given the healthy rise this afternoon to £40!

(Sharecast News) - Bank of Georgia confirmed on Thursday that it is in advanced talks with Ameriabank about a potential acquisition of the Armenian bank.

Responding to press speculation, the bank said the potential transaction would be financed with surplus capital, without changing the company's dividend and capital distribution policy.

"The company will update shareholders as to progress made in relation to the acquisition as and when appropriate," it said. "There can be no certainty that a transaction will be signed nor, if signed, concluded."

@jemgeee, are you being deliberately ironic is spelling imbeciles in such an inboscillic way? *inserts clown emjoi* :P

I can't believe how quiet this board is for such a great share. Good to see it rising back about £30 today - any views on short/medium/longer term price targets?

It’s not ex divi is it? Thanks

Does anyone have any reasoned thoughts or calculations as to what this might do to the share price once suspension is eventually lifted? Assuming it all goes through?

For all those saying “it’s a duster” - it clearly isn’t. Companies don’t contemplate redrilling locations which are dusters. I expect an even stronger bounce when DM next interviews and explains next steps in layman’s terms.

I’ve just bought £20k worth at 10.7p. This will be back to 20p+ within weeks IMO. The RNS and technical challenges of drilling don’t change the big picture.

Sorry, *you’re

Christ, the impatience here is hilarious. If your bothered about waiting a few extra weeks at the start of a brand new multi well multi month exploration that’s been YEARS in coming, then go and play with dogecoin or something. ???????

That joke might work, but for the fact that female is XX chromosomes and males are the one with a Y (XY).

Put the last of my 88e profits in here, agree with other posters that positive sentiment on OTC market thru Stocktwits and reddit could help drive a similar pre-results surge. Hoping for multibaggage.

I’ve just doubled my holding. Happy to sit on them and reap the rewards of patience in due course. ??

I first bought and have held 88e since 21 December 2015, through the euphoria of the original rise to 4p, followed by years in the wilderness with setback after setback. I ended up averaging down in the past year or so, resulting in being massively overexposed with 3.6m shares at an average of 0.7p. I sold 0.6m at 0.85p at the beginning of this rise, fearing a one day P&D, then another 1m at 1.35p a few days later. I held the remaining 2m until about 20 mins ago, when I sold 1m at 3.8p and 1m at 3.92p. From being deep in the red I've made enough profit to more or less pay off my mortgage. I'm sad that I'm not going to be here to see 88e's first SUCCESS proper, but I have tried to be as dispassionate as possible, and be thankful for being in a position I could only have dreamt of a couple of weeks ago. I wish very best of luck to LTH and newbies alike, and will be smiling from the sidelines, whether this is 0.5p or 10p in the short term. Peace and happiness to you all. Adam (aka NorfolkSlim)

Yep, last chance to add sub 4p before gap up on US opening in an hour. Stocktwits board going nuts... 10,000 watchers yesterday and over 11,000 now before OTC has even opened.

That was my take too - wink wink nudge nudge.

Have just put £5k in, and happy to wait to see how this unfolds... investing on the pedigree of the new BOD. Hoping for £1 within the next 12 months with any luck. GLA

Another long term holder in Norfolk here! Had 3.6m shares, but sliced 1m off at 0.855p yesterday to hedge some of the risk. Very best of luck!