Member Info for passiton

Pretty good by the sounds of it pay yourself a fortune in missing bonuses and get let off lol
found an open one not much of interest in it.

https://www.herald.co.zw/ex-zcdc-boss-freed/

Headline only, need a subscription to access, presume it relates to the ceo and 6 other
seniors at zcdc all sacked early last year, something to do with 10-15 Million worth
unaccounted for. Last i looked was still a vacancy notice out for a new ceo.

https://www.dailynews.co.zw/account/subscribe?r=%2farticles%2f2020%2f01%2f07%2fzcdc-ceo-corruption-charges-withdrawn

Bullit
I have seen that arrangements and orderly market stuff , in so many rns ,on so many shares
over the years and as I said in a previous post, especially with AIM shares, rarely has it been
the case. Also said was more confident in this particular case due to those involved and the
fact UOG until recently where Main Market. This mornings rns just give confidence it will be.

Many AIM shares I have had over the years, with same statement have been far from orderly
exits. GLA

Levi
think you may be right, about the other North Sea assets but then again, if flavour of the moment
Egypt, turns out to be as big as the Ministry are saying, who knows we could become cash rich and
be in a position to fund those also. Although personally, I got into UOG originally for Jamaica, so
would like to see some development there. GLA

Nice rns for rkh this morning farm out and funded for phase I in the falklands
so have zero urgency to dispose of uog shares can sit back and ride the waves
we all hope are coming over the next few months. GLA

Daily Pakistan CPEC article from the 31st nice line or two as to how the energy projects
in Phase I will be a springboard for Phase II non energy projects etc.

https://en.dailypakistan.com.pk/31-Dec-2019/pakistan-to-undertake-27-projects-with-dollar-1b-grant-from-china

General news today business recorder, Pakistan Government policy seen as on track

https://www.brecorder.com/2020/01/06/559402/current-policy-mix-adequate-to-cater-to-pakistans-economic-needs-sbp-report/

General news in dawn today, always nice to see comments about man in charge
cutting red tape to speed things up.

https://www.dawn.com/news/1526566/pm-asks-regulators-to-issue-licences-quickly

https://www.dawn.com/news/1526420/shaikh-promises-recovery-jobs

What chance of the Sheikh helping us diversify into oil exploration ?
new blocks to be announced on the 8th Jan.

https://pakobserver.net/tender-for-18-new-ep-blocks-to-be-floated-tomorrow-sapm/

Pakistan splashing the cash on project including Highways and Rail every little helps
always good to have good infrastructure to transport your products around coal/urea

https://pakobserver.net/govt-releases-rs301-36b-for-development-projects/

If you are looking at the totals on this site, forget it they are inaccurate all day every day.

Antiquated self labelling system all above what is see's as its perceived mid buys and all
below sells (never ever the case)

Many times the site data does not move but the real spread has narrowed and ALL going
through below so appears everything is a sell, or vice versa for all buys.

Not MM tricks or cloak and dagger, just a really crap labelling system.

When you hit the button it says BUY or SELL and certainly not UNKNOWN as this
site will label trades at the exact price it sees as current mid.

Also chokes on trades delayed or after close when the price has moved on during
the day large rise or crash as again labelled by what it sees as current mid not that
at the time the trade was placed.

This gets worse when more and more MM's come into competition, can get crazy
and is why when people say I have just bought at the bid, or sold near or even
above the ask, its true, done it many times myself.

The range of available prices on Level II can be far wider than the generic mid shown
or only remaining active MM's very close in price one buying the other selling narrow
spread both under or over the generic mid.

as a poster on twitter emphasised with displays recently.
The share in question displayed bid 8.5 mid 9.5 ask 10.5

Live MM prices on Level II displayed sells going through 7.5 - 10.5
and the buys 9p - 12p with others loaded looking for 14p and 16p
getting no takers

Have had many AIM also trading on NEX, with ask being hammered buy after buy
on AIM, posters crying why is it not going up, the answer usually larger sells on NEX
which do not appear at all again distorting totals etc.

System about 20 years overdue an upgrade to reflect true buys and sells.

Would take all the guesswork out if they did the 20 year overdue upgrade to the antiquated
generic below/above mid self labelling system.

Its inaccurate all day long and the more MM's competing with each other the worse it is
as quite often on displays like south east etc sell/mid/buy static for minutes to hours.

During the same time frame the real spread could have widened and narrowed and been
outside both upper and lower limits statically displayed. Often a huge variance in prices
available across the various MM's on Level II

This is why people cry all buys or all sells but no change and why it is true that posters
have just bought near the bid or just sold at or even above the ask

Not games or cloak and dagger, just a really crap labelling system, when you push the
button it says BUY or SELL and certainly not UNKNOWN , as the machine chokes on all
at its own perceived mid and likewise on delayed and after hours trades, when prices
have moved wildly outside of its view of the current sell/mid/buy massive rise/fall.

A recent twitter post showed how ridiculous it can be, the share displays showed as
bid 8.5p mid 9.5p ask 10.5p

In reality across the active MM's sells ranged from 7.5 to the apparent full ask
and the buys ranged from 9p to 12p with others looking for but getting no takers
on 14p and 16p

Western Desert turning into a hotspot for new oil fields
from AL-MONITOR article 2nd January but based on the earlier December
releases (ref material)

Abdel Aziz stressed that the Egyptian government is currently working on assessing gas and oil
reserves in the Western Desert.
The average oil production in the area has increased from 150,000-165,000 barrels per day in 2000
to 240,000 barrels per day currently.

Gold price soaring, now crossed £1200 or US $1577

TTMB
seen that line in more AIM shares rns's than hot dinners, orderly market etc
usually does not mean we will not sell.

Just we will do what we can when we can to achieve OUR objective
and usually means, we will not dump all in one go and crash share price,
which I have also still seen happen, after such statements on many AIM
shares.
The fact we where Main Market until recently gives me some hope that this
time the statement holds true.

The hope for us is that the news flow maintains a steady increase allowing
whoever wants to, to exit and leave almost unnoticed with no drag on the
sp, holding it back range bound for as long as it takes. The typical AIM exit.

Your guess is as good as mine Bullit
The end of week schedule rns changing all to later this month a small delay.

A few of us think they have been forward selling, so in one sense it give them
more time to offload if that is their plan, which seems silly given the rhetoric
coming out of the Egyptian Ministry.

The news could now come prior to the official new allocation date, as another
poster has commented been a large number of cancelled trades dropping in.

Are they now also awaiting the news looking to offload after the substantial
rise that now seems possible.

RKH themselves win win if they planned to offload originally they can now
sit back and see what happens before deciding which way to jump, keep all
partial sell/hold for potential upside, or sell after rise to fund other drills

Pakistan Observer early edition for today published yesterday evening they will not be drawn
into the conflict but would be happy to help maintain peace in the region.

https://pakobserver.net/pak-will-not-allow-its-soil-to-be-used-against-anyone-islamabad-partner-for-peace-and-peace-alone-dg-ispr/

https://pakobserver.net/pakistan-will-play-its-role-in-maintaining-peace-awan/

Bullit
yes long established oil producing nation with lots of infrastructure already in
place would have little difficulty increasing production to fill the shortfall and
luckily for us they appear to have a monster new field development Abu Senan
to help lol

Probably has the same antiquated system

Not as if in this techno world they could not fix it and register what button
you pressed Buy or Sell not put a label on it themselves based on current
what they see as mid which on many sites does not change with the true
spread. My favourite crazy in this day and age is when it starts throwing out
UNKNOWNS as the trade price is smack on its listed current mid price so
it chokes and likewise on late after close delayed trades as the prices are
now well outside its current listed mid prices roared or crashed during the
day

Anything listed trade wise on this site unreliable and not as many like to believe
anything to do with MM tricks, LSE(south east not exchange) labels all by price
of its own listed mid which can be way off the mark in comparison to what you
will see on Level II price ranges available.