Member Info for PDMSPiper

I think it’s quite obvious that in the run up to the book build the ii’s have been told exactly what happened to cause Rathlin to suddenly abandon the well test that was underway. Nobody raises £16m in a few days on the back of one abandoned well that could be a duster without providing investors with very attractive reasons why it was abandoned.
The company have still not released the list of investors who participated in the £16M book build. Now we have a leak to allege that these placees were given evidence of a likelihood of 140-200 million barrels.
The weak denial RNS yesterday was far too quick. They denied nothing. Simply said the info wasn’t confirmed or ready for release.
All the evidence points to price sensitive information about the size of the west Newton oil discovery being withheld from the market.
“We’ve got this well that we abandoned during testing. We can’t tell you what might be in it. It might be water. Can we have £16,000,000 please?”.
“Sure. Say no more. Let’s hope for the best. There’s £16,000,000. Anything else?”.
Yeah ok. Sure.

If the volume continues to increase this week with an associated increase in the SP and any continued media speculation then the company will be under a lot of regulatory pressure to release any price sensitive information that they have to the wider market. Especially if speculation grows that the ii’s Involved in the book build were party to this information when the rest of the market hasn’t had it. Oops. If that’s what’s happened then they might well be advised to release it before they end up any deeper in the s h 1 t !

I wouldn’t take much notice of olderbutnotverywise. He’s been damning with feint praise since he arrived here in August, around the same time as Sankeys. He’s trying to get his average down, bless him.

Get on with it. I’ve got a £40K Buy order in at 0.9 that I want filling. Get that ask down for me.

The hydrocarbons within the West Newton discoveries are millions of years old. If it were a car it would be exempt from an mot as anything over 40 years old doesn’t have to have one.

On confirmation of the size of West Newton. That is only £350M Mcap and is totally credible if WN is as big as is being mooted. The bod will have to confirm or deny this pretty soon. Volumetrics coming IMO.

Looks like the West Newton cat is out the bag.

Now offering 2.70 for all my stock.

Coming. Here we go. Liquidated. ‘Av It!! Lol

Rob, if you believe that, why, only a few ays ago did you post this....

robjprofit
Posted in: EUA
Posts: 775
Price: 3.20
No Opinion
RE: 2nd speeding ticket30 Oct 2019 11:18
Smiler, agreed. Yes there are loads and loads of small sells, but the buys are much bigger. Its a pattern, out of the small investor and into the big investors hands.

I must warn the shareholders of Vast and Prem.

I see you are also in Vast and Prem Cindy. These must be pump n dump scams also. I’ll pop into their boards and warn them. People need to be made aware. Thanks.

I see you are also in Vast and Prem Cindy. These must be pump n dump scams also. I’ll pop into their boards and earn them. People need to be made aware. Thanks.

Well I’ve been doing some DD research on the company and the assets whilst trying to make sense of the respective bull v bear cases. The bull case is reasonably clear and simple: Company says it’s got loads of undervalued very expensive shiny stuff in ground. Big banks agreed to broker sale of it on a no sale no fee basis. Sounds credible, could be worth a punt. All pretty standard stuff in the AIM space, some ya win, some ya lose. Investors know the risks, Cest la vie.
Bear cases are normally built around a positive assertion that the company has nothing, there’s no buying and it’s going to dust. I’m not seeing that here. What I’m seeing is bears saying they want 1.5p to buy back in because they think it’s going much higher, higher than it is now even. How is that a credible bear case? I honestly don’t understand it.
I think this is worth a punt, especially looking at the late buy trades last night. I notice the “bears” have increased the intensity of their rhetoric since these trades cams to light also.
I think the “bears” are largely bulls.
Could this go lower? Yes.
Will it go back up again? Yes
Will it go higher than it is now? Yes
Have we seen it all before? Yes

I’m thinking this weak cognitively dissonant bear case will turn into a bull case pretty soon. I’ll be scaling in buys. Ignore the noise. Follow the smart money and always DYOR. GLA.

I’m confused by the bears who seem to have a bit of a fixation on a share price of 1.5p. I’ve read it a number of times now. Along the lines of...”this isn’t worth buying here because it’s over valued but I’ll buy back in at 1.5p”. I’m struggling with this. They think when they buy at 1.5p it will fly straight back up to 2.5p above where it is now. But they say it’s not worth 2.2p now. I don’t get it. Cognitive dissonance is the only explanation for that. No other logic.

Why will you buy back at 1.5 to 2.0? Where do you think it’s going in coming weeks? Further down from 2.0 or further up? If you’re buying target is 2.0 and you think it’s going up from there what do you think will drive it up? What’s the catalyst?

Who’s quotes are these? Just picked them up from posts from others....Can anybody help? Who said this?.....

“Yes there are loads and loads of small sells, but the buys are much bigger. Its a pattern, out of the small investor and into the big investors hands.”

“something is brewing, brewing bigstyle. We have some massive buys coming in and a repeated 1,000,000 buyer coming in. You have to remember MM's have to let cheap entry for there chums.
Its so corrupt !!“

But Rob, What has changed since 3 days ago on the 30th of October when you were raving about the levels of buying and stock changing hands from the impatient to the smart money? I’m confused. Can you help?

Looks like we’re on the runway.

Khudeza
@KhudezaBegum
#EUZ Gap to fill at 0.032, then onto 50MA at 0.387. Falling wedge breakout point is above 0.064 which targets 200MA currently at 0.12

0.12 target

I have no idea how much your portion will cost Archie but I very much doubt your £2Mill+change in the bank currently will service all the commitments of your portfolio going forward. Drilling and well testing is time consuming and expensive.