Member Info for Phoebus

88M shares is astonishing. Surprised I hadn't noticed. Puts an even bigger gloss on this drill. He must be very confident.

Only £3.1M higher market cap after placing than EDR, so enterprise value difference should be as little as £2M. We have the same share of Wressle, but have raised £7M more in cash and have major drill coming up. EOG looks way too cheap by comparison. Oil roaring and cash pouring in.

https://www.londonstockexchange.com/news-article/EOG/result-of-general-meeting/15385118

https://www.londonstockexchange.com/news-article/EOG/result-of-general-meeting/15385118

40.2p is a buy.

Must be hard actually doing stuff after watching years of daytime TV. :D

A little surprised we haven't seen more of a response to those CORO comments. If we get Mako news in the next week or two that would really mix it up here. Fingers crossed.

Not so. Tamboran's wells are only around 90km or 55 miles from FOG.
https://i.ibb.co/hWr4ZX4/FOG-1.jpg
https://i.ibb.co/vB3wgnV/FOG-02.jpg

Derrick, FOG's neighbour in the Beetaloo Basin, Tamboran resources has seen its SP collapse since they announced their well results. Does that not give you pause for thought on FOG? It had put me off somewhat. Am I missing something?

'...the Company [CORO] is approaching multiple critical inflexion points across both the Duyung PSC, where commercial progress is expected imminently...'

https://investegate.co.uk/coro-energy-plc--coro-/rns/result-of-noteholder-meetings-and-board-changes/202203251300101003G/

Bingo. Bango. Bongo.

'...the Company [CORO] is approaching multiple critical inflexion points across both the Duyung PSC, where commercial progress is expected imminently...'

https://investegate.co.uk/coro-energy-plc--coro-/rns/result-of-noteholder-meetings-and-board-changes/202203251300101003G/

Bingo. Bango. Bongo.

Was impossible to buy for quite a few minutes first thing despite the mark up on open. Seems to be holding nicely and starting to build again.

LOL

Some chunky delayed buys popping up at new rally highs. 100K at 43p and 230K at 43.4p. Looks like demand is very strong.

Would be funny if the Wressle update came out first today.

after being up big yesterday. Read across folks.

Wish I'd added this morning. Was it easy to get a quote near the lows for a decent amount?

Feels like we've waited as long.

https://www.youtube.com/watch?v=RJqimlFcJsM

Seems more a case of mark it up at open without letting anyone buy and then take it down to shake out for next leg. Drill looks great.