Member Info for Oily1990

488k buy

There is definitely an appetite for this to climb. Not sure about the comments about gaps but a jump in the price is very possible

Could be that a partner has fronted some cash? Or the takeover is in the works

Going now

Should see an update on the Short Tracker…….MMs have pulled this to get their orders filled it appears

I added as this reminds me of Tullow a few years ago…….this is in a much better place in terms of oil demand and the investment majors are making on development and management. Current market cap circa £65m

Watching closely and added on Friday. The usual drift into the close, but I believe we have a few offers on the table, as reported on Thursday. We start the week a nearly 130% up since trading restarted and no rns, so I would expect the buy orders to be filling as the BOD may just be ready to pull the rabbit out of the hat!

It will come - fingers and toes crossed

Pretty sure that frantic negations are ongoing - let’s see if Apollo Global Management is a player, Asfari and partners provide funding or do one of the big contracts make a significant forward payment. Also the strategic sales of non core assets will play a big factor. I held and added - should know in a week if that was stupid play.

Looking good for big gains from here - 50p plus is the minimum in my view

Bullish trend to continue, checking BB it’s a buy confirmed with the potential of a sharp move to the upside.

If this all holds then we are seeing a higher low and should be looking at a higher high - 44p +

Looks like the MavD comment was the one where some just thought maybe buying now isn’t such a bad idea! Shorts had their run now the longs seem to be coming to the party

My view for what it’s worth is that we have seen the bottom and we are now set for a move back higher to break through our top. Expect there to be another contract update soon

Added another 300k let’s see

Let’s just see how it plays out.

In the blue now by the looks of it - price just jumped upwards

Looking like the share price has bottomed and is moving positively. I do like a good takeover should that materialise

@kShah I have been on other boards and thought I’d joint here because I do believe some good news is about to break. I hold quite a few oil sticks this one included - maybe Hitachi are strategic investors as well as partners?