Member Info for Oscar747

There is no asset until the drill goes in and proves it is there. Just because your neighbour has a billion barrels of oil, it doesn’t mean you will have. Peeps need to stop spouting about a billion barrel asset, there isn’t anything down there….yet!

Not if you’ve got 80 million warrant shares issued at whatever low price still trying to cash in.

Certainly looks like Mondays news was just to create liquidity for warrants to be sold into. Once we’ve seen them churned the story will continue.

Just need to wait for 80 million warrant shares to be sold and bought, then we fly!

I’ve just listened to Alan G’s podcast, sounds like lots of assets, they also have 2 of their own drills, what’s the issue here? No cash? Seems like many companies would love to have their own drill rig, why isn’t ECR turning their assets into Swiss cheese to prove up these assets?

Thinking about averaging down, but maybe not worth it it they’re not going use these rigs to find some gold.

RNS tomorrow then!

News this week, surely? …….Shell???

Certainly looks like it’s building a nice base ready for some exciting news to drop.

L2 says ‘this ain’t going up further without the news they promised us in August’ :)

Great tweet by the company too, I love the video, helps with the understanding:)

News flow about to start me thinks.

Was bound to happen, but the news flow hasn’t started yet, good time to add. Let’s get that rig on site.

I nice bit of morning consolation there around 2.50p, a nice launch pad for the next leg up. Up again on naff all volume, some positions being built and peeps realising the potential here so holding on to their shares.

I will bank some profit at 10p, thanks for the advice.

Preliminary estimates suggest significant hydrocarbon resources in Block SK334, comparable to neighbouring billion-barrel Seria field and Europe's largest offshore Oil & Gas reservoirs.

Bodes well for next week

Plus easily do 10p on the hype, 25p would probably need some proper evidence of a large amount of barrels in the ground, but easily doable if drilled and it’s down there.

I remember this company from 2018, the SP went up for 8 months, sounds like they are getting to an interesting stage of development, Hope I'm not too late to the party, feels like it might just be getting started though, might be the next GGP or ARB from this low market cap?! Sounds like August's news could be good.

Asking for a friend

Massively de-risked and the price sells off. Stale holders perhaps. It doesn’t make a lot of sense.

The biggest news on AIM this year !!