Member Info for Oultonmike

Great Post Zag
First step towards the 1 billion mc is the IceMAX leaving port. The realization will bring more investors mc 200 million. I will be committing more £ asap when this happens.
Next step when the IceMAX is in position and drill commenced mc 300 million.
Then it's hit or bust. Here's to the hit £1 billion
Gla

Stena has been operating in other locations with COVID-19 mitigation strategies in place that include initial health status screening questionnaires, regular temperature checking, and repeated PCR antigen detection tests.
To date, it has identified no infections.

Reassuring. Sleep well.

There has been a reverse consolidation!
We are fully funded and going spudding

5.4 at close high 6.5

Make like Houdini and disappear.
Boring Boring ....

Tomorrow morning for our cln and Saffron goodies

Hoping its Stena for the funding.
Won't be able to get shares for less than 4p imo

the net Placing proceeds will be directed by the Company to meeting ongoing funding needs, including in particular the drilling of the Perseverance #1 well, expected to spud on or around 15 December 2020,

The recent placing raised £1.7m more than we set out for.
The cln can be drawn as needed (as I see it not needed).
Cost of drill cheaper than expected.
Stena may still take the 10%. That would create a massive spike to the sp!

Late trade today...12-Oct-20 17:08:37 2.55 1,726,077 Sell* 44.01k best sell price was 2.525 that I can see.
Should open up in the morning.
Nice steady rise today. Not for day trading.
Gla

Look at it again lol

Rickierich
30th January sp rise from open 2.65 - close 3.5 Dangerous game. Once the shares are flipped we move fast. Gl

From the placing rns.
Lots more detail. "The directors consider that the net proceeds of the Placing together with the Company's existing financial resources will provide sufficient working capital for its currently anticipated requirements for at least the next 12 months."

3p before placing. There's been massive volume over the last week.
Looks like we broke out on Friday.
I don't think people took the shares looking for 2.5p. Dyor

Jungmana
I was looking at the same similarities. Year high 5.60 with cln's still to cash in. Now diluted at a more favourable rate and cheaper drill price.
10p is over my estimate but I will be happy for you.
Cheers Mike

Hello Ross
I think we will do better than a £160-£180 mc before strike.
I think historical sp shows between now and spud north of 4p will be easily achieved.
Good luck with your strategy.
Always good to hear differing opinions.
Irene's just a tease x

My 7p spud prediction is based on cash in the bank (no cln). 100% owned 3-1 chance of a major oil find =20p+
From here an investment to 3p would be easy for a day trader.

Haha 4p before next weekend more like. Enjoy

Spiritefan
Would you have figures to hand for the amount of options we can expect?
Cheers Mike

Good evening.
I believe the potential is worthy of at least £150 million mc (sp 3.7p) and this should easily be achieved when Stena IceMAX sets sail.
Please don't take this as advise to buy.
Sp can't dip below 2p if Stena have the 10% option on the table. I would prefer if they didn't take it.
We have sufficient funds for P1 (raised £3 million more on the placing than was proposed.
WE CAN DO THIS.
Just how I see it DYOR
Gla