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Brent making new multi-year highs, maybe that will help??

That starting gun could ring out at any time. So a bit risky not being in right now imo.

Compared to the previous few weeks there was noticeably more buying interest once it hit the 5p offer, albeit still fairly low volumes overall, true.

Did you miss all the buying at 5p on Friday??

On the candlestick chart for Friday - bullish pinbar on high volume.

Well £270M market cap Carnarvon think it will be 'value transforming' for them...

https://www.carnarvon.com.au/wp-content/uploads/2021/09/2268655.pdf

Spot on.

Lovely move and 3.6p about to go any minute by the look of it - 3 v 1.

Simply not worth a read.

Anon - stocks are valued based on a view of the future, and unfortunately the future here currently looks like the reckless CEO in charge blowing all the company's cash like he did their 'big break' licencing opportunity for CDX, and to add insult to injury is about to end up paying Globalco instead of them paying HEMO. 'Business advisor' is not enough - they need a proper CEO who is good at CEO-ing and let Vlad stick to what he's no doubt great at - leading the science.

Surely you can tell they are auto-generated rubbish based on a template and data mining (who know's which data) JEZZAC? Why would anyone want to read that sh**te instead of proper information?

Simply Wall Street articles are just computer-generated rubbish.
I googled that first sentence and look what comes up lol:
https://www.google.com/search?client=firefox-b-d&q=%22As+you+can+probably+tell+by+now%2C+we%27re+not+too+worried+about%22

The wait goes on to find out how much HEMO has to stump up to pay Globalco.

Clearly anyone posting here who is invested thinks 'state' - otherwise why on earth would you invest!?

Or maybe take a slightly longer term view and save yourself all the stress.

Nobody said it wasn't acceptable. It's whether it's rational or even sane to do it day in day out, for years, while remaining invested in the stock.

I was probably unnecessarily harsh and I apologise for that.

However it's still valid to ask why, when a holder has apparently had this contempt as you call it for many years, why didn't they decide to sell and find a better place to put their money as soon as "he failed to deliver, annually" became evident to them, instead of holding on through 5,6,7+ more years? The non-delivery wasn't up to them, but the decision not to sell and keep holding for years afterwards was.

They are (very) long term holders sitting on massive losses blaming everyone else for not operating their own investment properly.

I see so it's all making sense now, the 'moaners' on here are actually busy trading away making a few pennies - while shooting themselves in the foot by constantly talking down their main investment? Hmmm.

Yes it will be 20,000bopd over 3 or 4 wells, so maybe 'only' 5000bopd on this well..!
ADV are responsible for arranging the financing for the full development but they will pay 50/50 with Carnarvon not the whole lot. They will then drill the rest of the wells targeting the 20,000bopd within a year.

And so your point is??

This is a test, of our patience. No pain - no gain.