Positive news on Oyster now would certainly seal a great end to the half year. With positive updates from virtually all of our investments, 2018 is shaping up to be a very good year for Gunsynd.
Excellent news.....I think the value of our stake in HHDL has just gone up and will increase significantly when commercial viability is announced in a few months time.
It appears further news cannot be far off according to people living near the site:
The fool on the hill
@Adrianwfire
41m41 minutes ago
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#UKOG ESSO Pipeline workers are packing up. #Horsehill road will be free to take convoy soon.
Wolves, yes, I will be attending the AGM. Would be a good opportunity to compare notes afterwards, but I am on quite a tight schedule as I have a train booked for my return trip back to sunny Northumberland.
Kenny, not yet.
Added a few more today. At the mid price our mkt cap is now £1.24m. With net assets of £1.96m, including cash of £443k, I think the drop is overdone.
I am not saying very much at the moment as I am awaiting replies from AfriAg over several queries that I have regarding the results.
Unless I receive a reply before the AGM, which I will be attending, I am minded to vote against all the resolutions that the company has proposed and if other are inclined to do the same, it least it will send a message to the company that the 'owners' are not happy with the lack of transparency.
Also, the MM's are taking advantage of the situation. The last trade for one million shares at 0.088p was a buy.
I see the buys are going through on the NEX Exchange this morning:
07/06/2018 11:38 1,000,000 0.038
07/06/2018 09:04 1,034,313 0.038
07/06/2018 09:00 116,094 0.038
RE: At lot of Oil in those there Hills6 Jun 2018 15:29
The fool on the hill
‏
@Adrianwfire
35m35 minutes ago
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#HORSEHILL Strong possibility for further optimisation and increased flow rates from all 3 zones in future development and production wells, particularly through the use of horizontal wells