Member Info for PanamaPete

http://www.bbc.co.uk/news/business-33177025

Have we hit it yet ?

This time next year Rodney, this time next year.

I know a lot of long term holders will be in profit but yesterday was just a blatant raid and caught a lot of holders off guard. Expect more of the same up to FTSE250 listing.

Lest we forget: "On Monday, Optimal said that its annual earnings before interest, tax, depreciation and amortisation rose 65% to $86.1m (£57.7m), as revenue jumped 44% to $365m" Adjusted diluted earnings per share increased 50% to $0.38, while statutory EPS increased 64% to $0.36"

Less we forget: "On Monday, Optimal said that its annual earnings before interest, tax, depreciation and amortisation rose 65% to $86.1m (£57.7m), as revenue jumped 44% to $365m" Adjusted diluted earnings per share increased 50% to $0.38, while statutory EPS increased 64% to $0.36"

Fear & greed, that's all.

Stole a few more at 261p this morning. This price is just too low to ignore. Pi's selling 'cause they're worried this could go to 255p and although I never say never, I think a sharp recovery / announcement could happen any time. SP also being dragged down by general market woes and I think we're are in a slow motion stock market crash / correction. Will hold through this.

seems to have resumed this morning. Seems less downward pressure.

So exactly how much is a nominal consideration - £1, 1p ? Why would it be acquired so cheaply from Celtique Energie if there was any value in it. Could there be a swap of UK / EDR held French assets. There's no such thing as a free lunch. http://www.proactiveinvestors.co.uk/companies/news/107762/egdon-resources-and-union-jack-oil-increase-stakes-in-north-kelsey-project-107762.html

So exactly how much is a nominal consideration - £1, 1p ? Why would it be acquired so cheaply from Celtique Energie if there was any value in it. Could there be a swap of UK / EDR held French assets. There's no such thing as a free lunch.

Your trade at 12.19 40,282 @ 12.4 showing on ISDX. http://www.isdx.com/forcompanies/ourcompanies/companydetail/default.aspx?securityid=100671 Hargreaves Lansdiwn seem to use ISDX for EDR. Don't think it's anything sinister.

So I can continue to accumulate sub 12p

would evoke more enthusiasm for EDR. Wrestle EWT results will be a bigger catalyst imo.

botnets trading this share. Where are they taking it. Bought at 277, 273 & 279 but seems this going lower for now. See this as a long term hold but hate being in the red so soon after buying. 3loody typical!

In addition to EDR's conventional resources, Edison has placed an additional value of 41p/share to its shale acreage portfolio subject to permitting. http://search.edisongroup.com/search?view=grid&w=egdon Christopher Pincher, Con, Tamworth: “I hope that the Energy Bill will focus on increasing the exploitation of our shale gas reserves, which can not only provide the Treasury with a welcome income stream and provide many thousands of new jobs, but help our energy security. I trust also that the Bill will look at increasing and enhancing gas storage facilities around our country so that we are not just a few hours away from running out of gas, as we have been in some winters.” http://drillordrop.com/2015/05/29/fracking-week-in-westminster-we-29th-may-2015/ Queens speech, Energy Bill page 30 https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/430149/QS_lobby_pack_FINAL_NEW_2.pdf

dend today so might be a little more selling but think this will hover around the 23-24p range until Wressle news from Egdon. Egdon also falling as gravity takes over bored pi's with interests elsewhere but expecting EDR to hit 20p if Wressle proves commercial with subsequent knock-on effect to ALK. OFGEM investigation might be suppressing things a little here so could be reasonable buy in if confident of OFGEMS findings. Also waiting on 14th Licensing round. Negative points could be new power feeds from Scandinavia which could reduce STOR calls but at what cost to the National Grid. All imo DYOR etc http://www.gridwatch.templar.co.uk/

after Wressle, "the next catalyst would be the potential award of new licence areas from the 14th UK Onshore Licensing Round, results of which are expected sometime after the UK General Election on 5 May. " http://www.proactiveinvestors.co.uk/companies/news/79495/update-egdon-resources-plans-more-uk-oil-and-gas-drilling-79495.html

have nodded off. Could be a while before any real news while the EWT is underway.

To stop the cows burning the midnight oil.