The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Unbelievable! They only released an RNS because they were forced to by Noble’s update. Otherwise they would have continued to stay quiet and ignore shareholders.
How hard is it to secure a rig FFS! Seriously! FO Sofori and get a rig ASAP with someone else… take a leaf out of Noble’s book.
Still can't fathom how an O&G minnow can find over 1 billion barrels of light sweet oil in a safe jurisdiction and then the SP reacts like this (paltry £6 million increase on mcap)???
This is a huge game-changer for COPL, long term we are looking at a multi-billion-pound company.
Seller/Placing flippers have created a once-in-a-lifetime opportunity dragging the share price back down to current levels...
Impossible to get a quote with Halifax :(
Failed to break 4p this morning, volume dropped off slightly from Friday. May need to take a breather, consolidate and let the traders / profit takers move on.
So it was Metro who decided not to proceed, makes sense to pull it now and wait until market conditions have improved. Overreaction today.
“Given the current market conditions though Metro have elected to not proceed with a transaction at this time
As a responsible issuer Metro shall consider future issuance mindful of all relevant stakeholders”
Absolutely mental!
Production now up to 11,872 boepd as of a couple of weeks ago. Cash + plus oil and gas inventory stands at $19 million. Very happy with those figures considering the weak Ukraine gas prices currently. Bodes well for 2H 2019, if gas prices increase and the court hearings continue to go in JKX’s favour then SH’s will do very well from here.
Plus the 5.3 million warrants for Baker Hughes.
In total I3e has 55.3 million warrants. Current shares in issue stands at 93 million and a mcap of £47 million. On a fully diluted basis with warrants converted at current share price would be a £75 million mcap.
Yes GOG get shares in return for Bloe taking 100%. Just surprised and now a bit wary to see them flipping the shares and not holding long term. After all we are buying it off them so you would think they would know how valuable the asset is.
When you research Bloe and then compare it to other popular AIM O&G companies. I wouldn’t be surprised if we get an influx of new SH’s selling elsewhere to buy in here. Bloe have found potentially 38 mil barrels of oil which flows exceptionally well + a decent chance of finding a transformational amount of gas in the short term. With production to start very soon and low production costs. Seriously what is not to like?
So many ridiculously overvalued O&G companies on AIM where they produce diddly squat, where as Bloe at current levels offers great value imo.
It has passed (disappointingly) according to sources on twitter.
Just search on twitter using #keepitintheground
And there is the large sell (1 million shares), probably capital getting rid of their last few million shares. they won’t be able to hold it back forever. Good opportunity to buy today.
Now NT to buy again.
I have bought some more in this drop.
Looks like a large sell order going through, lots of shares available on the ask.
Either that or news has been leaked.