Member Info for Phoebus

Certainly looks like someone is clearing the decks.

Rather poor article IMO. Doesn't spell out that Exxon have had as many as 12 large discoveries, that they are directly adjacent to Orinduik, that they total 5.5 BBOE and that this is the hottest E&P location on the planet. Also ignores Orinduik CPR volumetrics and tertiary upside as well as much higher and justified broker targets. Doesn't give valuations for upcoming drills either. Doesn't mention that development cost are lowest in the world for offshore, the excellent fiscal terms or very low drilling costs. Will no doubt shine a light on the stock, but the uninitiated will have to do some digging to really grasp what's on offer here. Article better illustrates the poor state of UK financial journalism IMO. Perhaps poor old Tom is still accumulating. Chop chop. ;)

Thanks again itsyou. Another 45K in delayed buys just popped up.

Looking forward to what they have to say. Hammerhead appraisal operations will be very important for ECO. I see 4 15K buys have just popped up form earlier.

Good old market fakers. ;)

Mamms, there were 1.75M on Monday, 5.75M yesterday and 1M today as far as I can see, which totals 8.5M leaving 0.75M if they still had all of the 9.25M reported in last interims. If they haven't cleared them all yet, they must be very close.

Agreed. Today's RMP news contained nothing new aside from TD reached, just a regurgitiation of the previous RNS and yet the SP explodes. Ridiculous. So far all we know is there are oil and gas shows. We don't even know if there is any net pay yet or if the well will need fracking. If there is any hiccup look out below. Reminds me of that Sagasco Dempsey BS from Gary last year.

UKOG has already stated it is fully funded for HH-1z and HH-2, but is anyone else nervous we might see another placing before drilling gets underway. We've had low placings several times in the past before major drilling so I wouldn't be surprised to see the same again.

I reckon SP will move back to 15.5p breakout point very quickly. GLA

MMs should all use the same identifier - BELL. ;)

What's not to like? The wide spread and awful liquidity perhaps. Fells like a constant fleecing by MMs. But yes, I agree on the fundamentals.

on decent volume again.

O&W, not that I'm aware. According to their last interims they had shares in the following oil companies, CAB, CHAR, JOG, PVR, ROSE and SAVP. I think the only reason LOGP dropped today was because a couple of chumps saw PVR drop and sold LOGP without realising PVR was down due to C&F liquidating. Should be a good top up opportunity ahead of site survey go ahead.

https://www.cityfinancial.co.uk/assets/download/15013/City%20Financial%20Investment%20Fund%20Series%20IV%20-%20Reports%20and%20accounts%20(interim)%20-%202018%2010.pdf

This is pathetic.

Yep. 9.25M is confirmed in the last accounts. Looks like they have sold 1.5M so far today. Guess they may have been selling beforehand too.

10% off day high.

That was my understanding too. Where did you get the 5M figure from?

Oil to water with Desire Petroleum I should have said.

It's disgusting. Reminds me of oil to water BS with RKH. That said, good luck all holders.

above bid now.