Member Info for Phoebus

Especially with UKOG still rising despite loan conversions. They can only do a bit more converting this quarter which should help their SP and thereby ours.

OB, good choice on the Mongolian play. The net resource numbers are much larger there than for Rabat Deep, more like CHAR's Q4 drill. CEO also did the placing well in advance of drilling. Have you looked at the Niger play? That's getting no interest either like CHAR, which is strange given each well in their 3 well programme has an interval with > 75% COS as per CPR, whilst market cap is underpinned by production and reserves.

0.53p to buy now.

Perhaps the buys are getting routed through NEX to try and keep them under the radar.

and I note a 1M buy yesterday afternoon at 0.49p too.

available again. Max buy 100K shares.

with the SP movement at the moment. Cheerio to all my cash. Frustrating.

I agree and share your frustrations having traded the stock in exactly the same way as yourself. Given the unforseen operational and SP developments since first buying in it is natural to get emotional and begin to question whether we are right to stay in for the drilling campaign, however I try to look at the facts as presented. Three wells with exceptionally high COS for exploration. A big enough prize on offer to generate decent upside in a success case. Large 2P and 2C in Nigeria producing significant cashflow, which should underpin the market cap. Perhaps you can explain your negative cashflow point. So why is the SP so low going into drilling. Lots of entities with SAVP shares from the Nigeria deal that are not interested in small cap E&P and are selling ahead of drilling. Lack of awareness SAVP even exists amongst most PIs. Confusion amongst early investors having bought an exploration company, now left holding shares in a production company with the main enchillada now just a tasty side salad. There is also the negativity in wider markets over the last couple of months. However, if we are to believe the merits of the Nigeria transaction then the company is undervalued on that basis alone without ascribing any value to Niger, so downside in the unlikely event Niger is a washout should be minimal and temporary. If Niger is successful as I expect it will be, I expect to see 40-60p depending on the level of success.

I seem to remember an old SAVP presentation that had a graphic with estimated drill depth by day. Haven't been able to find it, but if I remember correctly the first interval was around the 5-10 day mark.

AdoubleUK, 5p? I assume your being sarcastic as that's an absurd assertion on so many levels.

Can't get more than 100K shares in one go. Tick up v. soon.

At least you have the advantage of being able to sell all your holding at any time. I think BOIL is a good choice to get you over �1K. It has all the hallmarks of a share that will suddenly rocket big time. Just need a bit of drilling news on any of the three projects and we're away. Good luck.

I'm surprised you've sold out of MATD already considering newsflow hasn't even started there and drilling is still a couple of months off. I expect it will go much higher yet. BOIL and MATD are definitely two of the most exciting oil shares for 2018.

I agree on GJ BigSpike. With him at the helm perhaps Fiasco Gas Company would be more fitting. Best in 40 years. World class. Hmm... We're waiting.

Indeed. Given the assets they eould be better of going long on LSE and long on TSX. Might get all the shares they want then. ;)

It's nothing to do with the exchange rate as that was factored into the calculation. Given the price is higher in Canada they would surely go short in Canada, long LSE.

trade of 32.7p.

L2 not that helpful here. Was showing 4 or 5 brokers on the ask the other day yet there was next to no stock available, but I could sell very large amounts in one go. I think the MMs are aware this needs to rerate given pending news on multiple fronts, but are trying to take it up without initiating a stampede. This is a 2-6 month play IMO. Best just keep adding on any dips or breakouts.

Really pretty with lots of colors and flashing numbers.

Mine. Very odd that I can sell at 0.503p.