Member Info for Phoebus

Sudden pullback on much lower volume than the initial move.

Offered well over the bid for chunky amounts.

I would ECO your comments Brynjon. A bit cooler today after the BOILing weather we had last week. Might go for a JOG later.

A single buy at 6.50p and all buy liquidity gone again. Still think 20p or £7.5M market cap is feasible here.

Even limit orders aren't getting any shares. :(

Only reason this hasn't rocketed is there aren't ANY shares available for anyone to put a buy through. LOL

Recent TSX high was around 32p so expect TSX will move back towards those levels this afternoon.

I can offer you some at 5p. :D

Expect this could move to 40p region once breakout occurs.

The Dewar Prospect on Licence P2352 is estimated to contain up to 272 million barrels of light oil (P10 STOIIP) with P50 Prospective Resources of 39.5 million barrels in the Forties Sandstone.

A feasibility study carried out by io oil & gas consulting has estimated the Dewar project to have a post-tax NPV10 of £555 million and a post-tax project IRR of 123%, in a P50 prospective resource scenario.

https://investegate.co.uk/cluff-natural-res--clnr-/rns/operational-and-licence-update/201911250700084462U/

0.85p breakout about to happen.

Should happen very quickly once 6p goes.

Appetite for small cap oilers is really starting to pick up and CLNR looks a reall bargain at these levels. Once this moves through 0.85p SP should increase very quickly.

Small cap oilers have really started to pick up the last week with crude prices and big cap producers already screaming higher and now we get an OPEC production cut extension this weekend. After a week of consolidation the atmosphere looks perfect for BPC to start its next leg up very soon. GLA

A bit of selling on Thursday and Friday last week and thought we'd have a bit of consolidation, but SP was having none of it. With indexes, crude prices and oil producers already soaring off the lows, small cap oil stocks look like they are finally starting to join the party and MATD looks like it wants to continue to push much higher. Given how difficult it was to buy any shares once the SP broke past 3.2p last week I imagine there won't be many risking selling any shares until this has moved significantly higher. With OPEC agreeing to extend production cuts this weekend, here's to a great week ahead.

Chart looks excellent with a beautiful breakout on Friday as copper surges higher. Will be surprised if this doesn't reached 180p area soon if copper continues to hold up.

Don't see why not. Other oil stocks are on fire and chart looks an absolute peach for a move to 6p area. Good volume on Friday and SP appears to be about to break out with a nice line of higher lows. Expect this will move very fast.

As the virus situation is starting to improve it shouldn't be long until we get the green light for drilling operations in Morocco. The Moulouya-1 prospect is estimated to contain 320 BCF (53.3 MMBOE) P50 recoverable net to PRD with an excellent 34% COS. PRD has net current assets of around 1.7p per share or half the current share price, so even if we value the Trinidad and Tobago project at zero, the market is pricing the Morocco drill at a maximum of £3.5M or 6.6p per BOE at the current SP, which is absurdly cheap especially given the target has a COS is 34% and is located in a hydrocarbon rich area. Oil producers and oil prices have been on a tear the last few weeks and finally the smaller oil companies are starting to make their moves. With one of the best drills on AIM this year and still sat at a very low market cap relative to the size of its drill target, PRD looks set for a monster move. STRONG BUY

Not easy to buy this one, which is why it moves so fast. Could see 40p this week as small oilers are really starting to surge and OPEC reached agreement on production cuts this weekend. GLA

Why would anyone sell tomorrow? This is not going up because an RNS is expected. Indexes on fire. Crude on fire. Oil producers bigly off lows. Small oilers starting to surge. BOIL chart very bullish with higher lows and close to breakout at 0.11p. OPEC agreed production cut extension over the weekend. 0.15p more than possible this week.