Member Info for oilriches

Will Panr need funding in the near term? You appear a pretty big hitter here and suspect you are clearer on what�s going on. I can see this drifting down until news flow kicks in again

Mannnan odds are on a duster looking at chance of success but who knows. I�d sooner deal on knowing the well result

High risk high reward for sure here and hope everyone makes a packet. Downside is 5p/6p and upside is 25p. Plenty prepared to sell at these levels, hence the fall

Needs to break the 15.5p to motor to 17p. company look extremely cheap at a £10m cap

Very risky indeed here now. A duster and this goes sub 6p and a hit it goes to 25p. The switched on are likely to sell before results and buy back in to get any upside. The share will be under selling pressure until results. 5 years ago this would have doubled on spudding. Unfortunatly the market is what it is and the board have caused additional pressure with the fund raise

In that case p off

Must of needed to have closed position in Bnr to cover other bets. New start for Bnr and hopefully a change in sentiment

Plenty of activity to come. (1) auger drilling in Mali imminent already paid for (2) colbolt exploration work in Cameroon start mid year (3) mysheild ico in June token value $3.75m net to Bnr plus 9% of a proposed $200m offering and stake in brandsheild (4) Lithium assets in Niger , Botswana and IGS sitting in the background (5) current cash about �1m in bank.

I am extremely bullish on the near term activity hear

I�d say 40p on spud.....sounds fair value

Any pull backs am I�m mopping them up

If sncp don�t pay up....do we get more interest in the block

I never made any money here the second time and was very positive. It does not matter what research you do Greg bandy has delivered naff all in 3 years. I�m sure something will happen in the next 12 months and bandy should step down. End of the day investors choose to buy or sell no one else.....the bid has dropped here as ppl are getting trigger happy and want out. If ppl can afford to wait this should move up at some point

I wouldn�t worry about any raise as it�s going to be a small % of the current shares in issue. I�d say they will be looking to raise a few months before spud date. With the news today, I think we will be in the 20�s before this happens

It�s valued under cash and is a bargain here fact. I wouldn�t buy a Greg bandy company as they all end in disaster....give him two years to get act together but nothing

Very reason I bailed to be honest. USA assets is to buy more time while cash falls away. Not worth holding stocks that have no activity

That�s a buy

Hold half funds back for tangible news flow

At the upside vs down I am now a buyer. The risk is licence approval for me, but with 8mmbbl of 2p reserves that will be added to and exploration upside of over 50 mmbbl. At $65 oil price the 8mmbbl resource base is worth $2 a barrel in the ground with no production. If drilling goes ahead this will easily be a �30m capped company pre results, which will be about 40p a share.

Yep placing is nailed on at a fair discount. Like any placing shares need to be flipped and then rise......can see this hitting 7p too