Member Info for Phoebus

Placing? At discount to cash. Yeah right.

This is just churn from the placing IMO. I fully expect this to move to the 0.25-0.30p range at some point in the next week or so.

Looks like TRP could be in an excellent position in a few months time with drilling underway in Cameroon and farmouts completed in South Africa and Namibia including one with a major. Given its location near the recent excellent Brulpadda discovery in South Africa and all the Namibia drills scheduled by majors the TRP is clearly in the right spots. Sounds like TRP is in for a huge turn around over the next few months. GLA

Good news IMO. Now Guyana can move forward with its bright future, which should benefit us all.

South Africa: '...we have been seeking a farm-in partner to fund this work, and we have had interest including a concrete proposal before the pandemic slowed everything down.'

Namibia: '...we also received an unsolicited approach from a major oil company regarding the license in the second half of 2019. That company has told us that they remain interested in working on this project, but have not prioritised it during the first half of 2020.'

Namibia: '...restart the drilling preparations as soon as possible.'

Looks like the assets are allready to get going as soon as green light is given regarding COVID. SP sis currently hovering around the last placing price of 0.375p with a market cap of only around £5M.

Yep. MATD has broken to the upside along with a whole load of other oil tiddlers this last week followed by profit taking in oil yesterday which halted their momentum just as they had started to break out. Oil is recovering strongly already so the oil tiddlers should resume their upward momentum. Most of them have a long way to go to catch up the rest of the sector so I'm expecting some big moves over the next few weeks.

Brent rebounding strongly after yesterday's profit taking and now up 3.5% off the low.

Drop was nothing to do with MATD. Crude dropped yesterday as weak longs were taken out after positive OPEC update over the weekend. Upward trend will continue soon enough. Don't get caught without enough shares when this starts to rise or you will be locked out again.

NASDAQ also just hit record all time highs. Fed and co. are printing like crazy. Inflation trade is on. Stocks are marching higher.

Crude continuing to rebound after yesterday's post-OPEC profit taking. Small cap oilers to resume upward rerate shortly.

V O X M A R K E T S

www.**********.co.uk/articles/new-articlebahamas-petroleum-company-cluff-natural-resources-and-glen-goodman-on-bitcoin-071a1b6

'Buy early to avoid the rush.' Did OMJ forget?

Almost full ask to buy even a small amount yet I can sell in size at mid price. Looks bullish to me.

Everyone bought the dip?

Surprised this is moving lower with gold now soaring. Should be moving up.

7 buys all in an instant.

Bit of weakness across the sector after oil sell off yesterday to shakeout of weak hands following positive OPEC update over the weekend. Oil already staring to recover nicely. Expecting strong gains in small oilers over the next few weeks.

A few oil tidlers started to rerate on Friday, but were stymied by a quick pullback in crude yesterday after spike up on positive OPEC update over the weekend. Crude price already starting to head higher again so expect big gains here and in other small oilers over the next few weeks. GLA

Crude already starting to recover. This will be quick to push on.