Member Info for oilmanmike

Oilsec I would just add that that 364m bbls is recoverable. Currently we have 50%.
If we farmed down to 35% for 3d seismic then we would still be at around 20% for
the drill. 20% is 72m bbls at $1 a barrel is potentially 5p a share.
Plus 4p for Cameroon (8p if the second 18m bbls is in the southern part of the Njonji
field. Add another 2p minimum for Namibia if we get a farming our the blue.
Total 11p to 15p a share. The value case here is still very much alive here and 2p only
just starts to redress the balance of valuation.
very rarely does an investment opportunity like this present itself. A slam dunk 200%
just to get where this should be now given what we know. Buy Buy Buy until your head
falls off!!!

old news was released last year.

he can't possibly do that a) because it will not fall significantly from here
& b) because it would involve a sentence of more than 8 words.
He is a momentum player and good luck to him he caught this right.
However more to this than meets the eye big buyers last few days and
they are not retail players IMO

crack open beer sit back and enjoy the evening

if it holds into the close then I am cracking open a cold one!!

keep a stop loss here at your peril.
will only be buying the stock back
having been robbed by MM

a bit of cheap stock around then
This has held up very well today
bodes well if the RNS drops before
mm have finished leveling their books

Iike I said when the time comes GBP will be a good play.

even more so when you consider that 50% of shares are in tight hands.
that makes 55% of free float traded in 3 days !!!
Haven't included my 0.5% LoL

Also mm trying to pass off lots of larger trades as sells by messing with the spread.
Naughty naughty they deserve to be caught with their pants round their ankles when
the monster RNS lands and it explodes as MM struggle to even level their books.
Then they will need stock which they will sell on at even higher prices to cover their
loss from being short. Thats how it's rollin here IMO Buy Buy and Buy more.

Vol 68m so far today, plenty of time for another 100m+ day here.

someone has been loading for the afternoon push.Hmmm

GBP getting hammered indicated the news will not be Namibia related IMO.
Hope Jim got out in time and got in here on the dip.
When Namibia's time comes GBP will be a good play!!

That leaves the Cameroon and SA which people seem to have largely ignored
to date.

The trading today suggests the large buyer hoovering up stock in the last two sessions is not a seller. They must have a good idea news is landing and would plan an exit as RNS's present
liquidity opportunities. Confidence must be high!!

agreed looking like a good afternoon.
Vol 55m at the halfway point.
It won't take much buying to smash
the resistance at 0.8p. Time to tighten
seat belts for the next leg.

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27th on the leader board so far today.
Looking good for the afternoon.

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0.724p pd