Member Info for Phoebus

Raised £21.84M at 2.6p.

https://investegate.co.uk/advance-energy-plc--adv-/rns/completion-of-acquisition--admission-and-tvr/202104190700078073V/

Yes.

And now SP is all over the place. Very odd movement.

Court case is also approaching. Should be a nice infusion of cash equivalent to a good chunk of the market cap. That into the jaws of BTC rally with a few crypto related RNS thrown in would make for a peachy ride.

I agree. Cryptos seem to be starting to move higher again following ETH's London hard fork yesterday. Reckon it's probably time to load up here ready for a big surge.

SP hit 210p on open on Joe result and market cap was £387M.

SP hit 210p on open on Joe result and market cap was £387M.

'The Advance Energy appraisal drill at Buffalo looks interesting - speculative buy'

By Gary Newman

Excellent joke K3VMC. Nice one.

https://www.zerohedge.com/crypto/ethereum-slides-after-completing-london-hard-fork-path-ultrasound-money

No problem Harel. Thanks. Several Upper Cretaceous targets next to the mighty Stabroek block is music to my ears. It's amazing how successful Exxon has been next door at this interval and now we get a slice of the action on one their wells on the adjacent block. Can't believe so few people seem aware of this. Perhaps today's rise will finally get it on a few people's radar. I see a couple of chunky buys have just popped up from earlier. Volume now approaching 2M.

This is starting to motor now with the LSE price now up to yesterday's TSX close price and on good volume. Won't be surprised if we see another leg higher on TSX after LSE close.

and next to no shares available on quote and deal.

Harel, what was the source for the 1,300 MMBOE figures for Sapote? One of the posters on ADVFN has asked me and I can't find it. I'm guessing it was a JHI communication of some sort. Their video from 2019 talks about 1.0 to 1.2 BB P mean recoverable for the second target. Thanks.

https://www.youtube.com/watch?v=RpcwXurxh60&t=441s

Although I like the company. Great project, very annoying share.

I think you'll be in luck. The incessant SP declines here are really annoying. I'm beginning to lose patience TBH.

TRP should also benefit from the Namibia effect, but it also has the pending farm out which would transform the situation giving us an immediate drilling catalyst and creating a huge valuation gap. TRP should move a lot higher if that happens and given the CEO says it's close it's not surprising the shares are getting worked up and down more than GBP.

I expect we should be getting the Notice to Mariners re Sapote any day and then drilling won't be far off.

This will continue to re-rate ahead of Venus-1 drilling IMO. Unlocking the Namibian door.

For me selling now make little sense unless you think the company is doing a placing, the main market or metals sectors are falling off a cliff or the stock is overvalued. In my opinion there is a very high probability EH will yield spectacular drill results and I'm expecting a stream of very positive updates as this process unfolds. Selling for a tiny flip risks being locked out when news hits.