Member Info for Phoebus

Things are progressing as expected IMO. TLW should announce a 2 well Orinduik drill program within the next few months targeting up to 1.6 BBOE P50 recoverable likely in conjunction with a capital raise by them to re-gear their balance sheet. With COVID still weighing on markets and the oil sector in particular you should be grateful we're not drilling in 2020. By the time drilling starts here any second wave should be over and the stronger markets and oil price will enable ECO's SP to soar far higher than if we were drilling right now. 2021 should be an excellent year for ECO. All the best.

Still under your break even at 0.25p Parsely? You need to thyme your purchases better. Sage advice was to average down in the placing. Still when anise RNS hits we'll all be minted. 0.5p cumin soon.

500K at full ask day high.

Gold and silver still rising and miners (GDXJ) gone blue for the day.

Smells like big news is imminent to me.

UFO soaring again. Our turn next.

UFO soaring again. Our turn next.

0.79p paid.

0.80p now. News imminent?

If news drops this could hit 1p right away. Can't be long till we hear regarding San Celso.

There it is. UFO now blue for the day. Market clearly likes the presentation.

Looks like we're about to tick up to 0.75p.

Looks great. SP seems to be strengthening again whilst silver is bouncing really strongly and gold is looks very resilient. Plenty of news due shortly on lots of front so expecting another attempt at 1p. GLA

Even after the plunge in UJO market cap today UJO is still x1.85 more expensive than UJO relative to its share of WN. Buying RBD at 0.71p is like buying UJO at 0.097p, just above its all time low. RBD really is dirt cheap on a relative basis. GLA

This is getting a tad ridiculous.

The company should make a statement.

The resource size net to RBD for the Romania drill is tiny compared to what they're targeting at WN and any share of the $1.3 attributable to RBD is minuscule compared to its market cap.

Agreed BH. Like me I think a lot of investors are here for West Newton only and are not really interested in Romania or California.

I love Big Dave.

CHAR had a joke move like that 18 months ago on getting the licence if I remember correctly and I said the very same thing at the time, no cash to drill, no partner, no rig, no drilling obligation. By and large CHAR has just gone down ever since and I expect the same will happen this time around.