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The other Lao Hamutuk (large file) I posted earlier today was dated the 23rd October but I know it well and it has been around for some time, the 23rd was just the latest tweaks and update, so this new addition could be the same , only just got around to updating BUT the key bit, is it said they were briefed, the presentation was RNA messaged to the market, this has TL know all about it, were briefed on.......so we can now presume, Chuditch is being discussed within the Ministry and with the demon duo π€ who are both strangely unavailable for next weeks Pacific Island conference , 6-10th Nov, not like Horta to miss a photo op and speech π oh and his incredible air miles since being appointed.
Today appears to be some enthusiasm created by the stories in the press and Filthy's early spot on Facebook yesterday afternoon, expectations of news now significantly higher, have to see if it keeps up , if no back up news by Baron. The market has the attention span of a Goldfish these days. ππ
Never ever , going to see that jedster, if you see a buy/sell/unknown label is a best GUESS not a fact, 3rd party sites like this one trying to be helpful and failing miserably on most busy shares, the worlds markets only print TRADES no labels. Everything around the mid price could be wrong side working, even top and bottom, not always what they should be either.
Better guide, flat, small rise/fall , trading pretty even, large rise buyers romping it , pushing the bid up to get sellers to fill buy orders, large fall , sellers need to fcuk off ππ€£π
Look at the address Filthy, its on the local NGO Lao Hamutuk website, so the locals are reporting TL has been brief on our plans for Chuditch and why I put, was this from earlier, or a follow up from yesterdays chat, the main article its attached to says they were briefed, not just picked and clicked it.
Standby your buttons we ARE CLOSE, Lao Hamutuk the local NGO is now carrying Baron's presentation , the page it is
attached to has TL Government were given the presentation for the Chuditch appraisal drilling plans in October 2023, was this before or from yesterdays London Ambassador chat ? , its getting better everyday ππ€
https://www.laohamutuk.org/Oil/Project/SO-19-16/231010BaronOilAppraisal-well-location-for-website-v7.pdf
Just saw your post jme, before I go no, when the big real II's and Banks etc pulled right back in the late 90's many and you will find it in their own blurb, have investment conditions, many a stable asset/share, MC over Β£50m before they even look at a share, the USA is $100m (Β£75m) typically, if you see one of them arrive early on a TR1, you know you are quids in, the rest that rose from around 2000, are not the names you want to see, as their plans are usually non supportive , quick buck merchants, same as many involved in can't dump quick enough placings/warrants issues.
Always worth reading up on those that do bother do send timely TR1's, many of the others never bother. As the man said know thy enemy ! some are far from what they seem to the majority. GL M8 laters.......
could come in this time, our pivot point , MC high is 0.26p Β£49.6m (old 0.35p high after dilution) expect that to break on ACTION news........
Just crossed 953m with end of day or late Larry deliberately delayed trades to come if any, volume slowed right down in the last 2 1/2 hours, a billion plus, looked well on the cards, no yanks today, perhaps the press will bring them in tomorrow ? π
Record to beat 5.2 Billion shares in a session, still see that being left in the dust, on ACTION not talk news GLA
We go again tomorrow......
We are long overdue a new trading range home , much higher , not just yet another SPIKE...Progression of either Dunrobin or Chuditch , warrants a market correction, not a spike, Boil nearly 600mbo/e across the pair, valued at Β£0.50p a barrel, would be Β£300m, give it a hair cut of 50% for recovery rates, costs etc etc and it's still way above current Market Cap and MC always rules in the end.
Achievable MC , divided by current share base = potential sp
Now all you have to do, is decide how you see Boil on progress, a Β£50m company (0.27p ish) or a much higher proposition, ceo words , depending on various being worked on factors, he sees Chuditch 1.7p - 3.7p π²π€π€
We now have too many snippets, for nothing to be moving in the background this time CDF, was in London Embassy? , so he did not have far to travel from the High Street Tailor's to the Embassy , after A.B. had kicked him out of bed and thrown him in the shower ππ€£π
Key word there Journalist matey, do not see anything in it, we have not covered and more, he's probably got a nice punt on it happening in November ππ€£π seen many an other supposed guru, copy and paste things from these and other boards with their own tilt on it, he knows no more than we do, just hope you are right he has a wide audience, of people who count, not 2 million twitter sheepπ
Volume slowed , no push from the Yanks stuff then π, now 920m shares today (AIM+ASQE) , thought we would easily push over the Billion mark this afternoon, now need a strong finish , or some juicy delayed trades to break it today ! π€
Zak gave no end of higher rise tips last year, all failed, we moved much much higher on NEWS not charts. Previous blue sky to break was 0.17p, it did and doubled to 0.35p, that is now 0.26p by Market Cap High this time if that breaks 0.52p in view but that break was on anticipation of something happening, Pivot P+100%-350% COMMON on AIM shares with better received ACTION not talk news, bringing our target range this time 0.52p - 1.17p, who needs charts MC rules , sp
never does. All those charts also need to take in AQSE volumes usually 25-30% of total daily volumes on top of the AIM when Boil bubbles over, not naff all to 10% routinely ... GLA
Don't remotely need a chart with a low price on Boil, just needs NEWS, over to you Yeo ho ho π
Disagree about what Filthy ? , some very familiar stuff in that article , we have all long discussed, agree the November is a plump at, we know 3 possible events that could happen, but non definite for November , Metinaro FID q4, Chuditch drill or drop (not likely) q4 .more likely a Chuditch moving on update and the eternal Sunrise resolution, others in the mix, like will Santos/ENI/Korean JV get past the courts or name a new HUB to build a pipeline from to their own facilities in Darwin etc, so lots could happen, anytime, the waiting game continues..
Volume combined AIM/AQSE now 905m , as posted this morning , a billion+ share day it will be... 5.2 billion our record on 18.9B share base, figure ACTION news , could see that record session left behind........GLA π€
Lao Hamutuk NGO 18 October 2023 - A Potted history on TL, some very relevant sections inside a very lengthy article π
https://www.laohamutuk.org/econ/briefing/RightSustainCurrentEn.pdf
The write up on Accelerated OZ/TL talks on Bringing Sunrise to Natarbora vice the 20 year plan Beaco ASAP, has now been taken down, told to , asked to, or slapped for misinformation ???, guess we will know, when a plan announced.π€π
Charts go out of the window on REAL News, sp and trading chart for traders, News and Market Cap for investors. π
Last time pre placing, the HIGH was 0.17p when it broke did another 100% on a possible happening, since dilution the
MC High Β£49.6m divided by current share base = 0.26p the New high to break for BLUE SKY new territory, same again and that gives 0.52p, ACTION not more words only and that will go much higher, especially with a following herd wind, many do P+100-350% so that gives P0.26 + 0.52- 1.17p as a target range, who needs charts (soz jarv your charts good)
Zak had us on small rises , god knows how many times last year, long before news broke and we had a massive one π
news has always driven Boil , even when it was the stickiest share on the market , then GOO (Gold Oil) ππ€£π