Member Info for Phoebus

Yep. 3.1/4.2 x 100 = 72%. Third highest COS estimate among the prospects in that table.

Absolutely. The current tiny market cap is beyond ******ed for the size of drill.

There is plenty of information on the Sasanof-1 drill in this excellent research video including the COS. Well worth a watch.
https://www.youtube.com/watch?v=PZtabvOpUUg

15/17 x 100 = 88%.

Indeed. This and PET are definitely linked. I have a feeling they may share management.

Unlike more liquid stocks on market segments where buyers and seller are matched directly, CLON is market maker driven, so the market maker takes one side of every trade. Consequently each trade is either a buy or sell from the wider market's perspective. The polarity of many trades though not all can be easily surmised by looking through the record.

CLON's sister share PET did an utterly monster move from around 1p to 27p on very little a couple of years back and CLON has repeatedly had very large moves too, also on very little. Seems to be the MO with these two stocks. Difference this time is that we have a huge fundamental driver. Let's see what re-rate they can effect this time round.

Very wide faux spread on Level 2. Still 0.47 to buy though. Looks like an attempted fishing trip to pick up stock, garnished with late buys posted as sells. LOL

https://www.apalachicolafishingcompany.com/wp-content/uploads/2020/07/Man-reeling-in-a-big-fish@2x.jpg

Thanks Dicko. Excellent post. No need for hype or spin. The facts and numbers say it all.

Given this is up 30%, a lot of newbies will be taking a look for the first time. Has anyone got a synopsis prepared they can post to help them appreciate what's on offer here? Great opportunity to get the word out.

Market cap is only £11.9M!

Crazy it hasn't move FAR more IMO. This should be much higher. Still priced at only $0.10/BOE for the drill. It's ludicrously cheap.

I agree. This should be several pence.

Farm in was an absolute master stroke. Blows all other oil and gas exploration drills out of the water IMO.

Order of magnitude out IMO.

Current valuation multiple is completely out of whack. This should be several times the current market cap for drill exposure of this magnitude. If the placees back off for a nano second, buyers should flood in and this will absolutely rocket. BOD should have a word.

Still only $0.09/BOE unrisked, $0.27/BOE risked for fully funded Sasanof-1. Wakey, wakey market.

coquetail

It's frustrating. Looks like equities might be spiraling into a major bear market with most companies getting hammered regardless of how brilliant their assets are. Fed policy, geopolitical risks and global economic slowdown has created a very nasty ****tail for equity markets and this was the last thing we needed, especially hot on the heels of the discounted placing. Doesn't look such a bad price now does it? Gil got the cash in the bank just in time. Well played. It's always frustrating when macro issues override micro investment theses. ECO specifics look fine, but it might be a bit choppy until the macro environment has stabilized.

Excellent find Dicko. Many thanks.