Member Info for Number6

I don't follow SOLO. Are they in need of some fast cash? I thought they might have held on to their shares at least until the first Kim results.

When this rerates as Bergen reduce it will seem like the sp is reacting on no news. Will just happen imho.

https://twitter.com/angusenergyplc/status/1047475424052305921?s=19

I think as Bergen reduce to below 5% so the sp will rerate fast on that Balcombe news.

Bergen aren't shareholders in the way we are. They are lenders and it's in and back out for them as fast as they can realise a return. They're not here for the oil. Good news coming is of no interest to them.

At 11:00am

They're dropping their holdings by 20% at a time approximately. Looks like a 5% holding coming next. Expect a bit more selling presure on sp and then the Balcombe good news should kick in. Not long now if Bergen continue as they have been so far. Rerate coming imho

That's why sp was down on good news. Not the water issues. Sp should begin to recover now and rerate once Bergen have gone. Imho

Sounds about right.

https://youtu.be/1rqsDc2GUTs

How's L2 looking?

Oil is trading at $85 now. That means a gross profit of possibly $60 per barrel. That's a possible £10m gross profit for angs I reckon.

500 tonnes a day. That's a lot of tankers! Maybe approximately 16 tankers per day. Lot of $'s too. How this may translate to mcap I don't know but, looking good.

Heid I think if uncle Stephen is wearing red trousers on his next site visit then it means a bumper result for the Kim's. Just a theory of mine! :-))

I think the 'Boooom! ' posts will soon return and be fully justified with a top Kim's result. All part of the fun imho.

Ha! Like that :-))

fjones40 Yep. I think now is probably a good a time as any for jumping on board here. We know it flows and Portland is now 362 instead of 323bopd. So it's fair to assume that the first Kim's results will show some improved numbers too. A positive Kim's result will please many and I think the sp would then fly. GLA

To be fair it was beginning to look a bit worrying but thanks to Pboo's careful observations the sp is now back up and all looking good. AIM defo isn't for the faint hearted!

.. and there we have it. 2p++ Looking bloody good now!

Let's see if the sp can correct itself back to 2p++