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If we can all keep our feet on the ground please. We still havent sold a single $'s worth of our own O&G yet, nor do we know how drilling will go. Moreover, when we can actually be able to pipe / sell any product we do produce. Still a lot of if, buts and maybe's imo. When do all these extra shares hit the market?
I'm not being negative, just realistic, as we have seen all this before through 2022 and no O & G sold all year!!. Malcy and Co have spouted the same line for 2 years. We are still 2p off the high's, well before any of the numerous RNS's we have had.
The market needs solid Production sales from our PD assets, or the SP aint going anywhere folks.
No surprise, MM's will keep dropping the price on very very thin volume, as they have done for 2 years. 7p a few weeks ago, now back to mid 5p's!. hey ho. And still several days to TD at 36-2, so plenty of time for more drops on thin volume. No drill updates thus far either. An MM's dream
Lets just try and get towards 10p and stay there first. We cant even hold over 6p and the daily volume is still virtually nothing compared to the shares in issue. I'm very positive longer term, but a long long way to go yet
Yep, i agree S1, albiet, i think we are genuinely getting there now. But as you say, its getting the product to MKT from her eon it which will lift the SP, just a case on when really. To a degree, infrastructure is really key.
Best of luck. I'm very confident though. Cheers, P
Seems there some selling today, may even end up Red. Albeit, the sell appear to be getting soaked up. TD at 36-2 should be circa 20th. Not sure when we will get an update on 16-2, so plenty of time for the MM's to feck about with the price as they have done for 2 years.
Indeed, like No Buyers!. lol. Not a concern, i just like to play about sometimes to see where we are. Regardless, we need significantly better liquidity here and soon. Not being able to even sell £3000 of shares, is no good to man nor beast, let alone if i wanted to off load £100,000 of my shares.
I'm just fiddling about with HL with dummy trades. I cant even sell £3000 worth of shares, been trying for 45 mins as an exercise. Just plain daft. Liquidity needs to seriously seriously improve here if we want to attract more II's & HNW clients.
In fairness, he said that this time last year and we are still lower than the highs of last year!!. We need production & "Income" from 16-2 as a starter for ten. Then we should see the SP rise, obviously we also need a good result from 36-2 etc. I'm sure we will, just one step at a time though. We are closer now to a real re rate than we have ever been, that is for certain