Member Info for Phoebus

PREM too.

PREM too.

To think I could have sold at 45p last year before even one JV boot had hit the ground. It's farcical.

L out and still the SP does nothing but drop. This is definitely one frustrating share.

I couldn't disagree more. All the evidence is surely pointing at a flow rate quite a bit over 500 BOPD for Wressle and I can't see why some are still coming to the conclusion that it won't. As for UJO being the clear winner, it looks massively overvalued compared with EDR to me. If West Newton continues to fail to deliver then I reckon it will be a rough ride at both UJO and RBD.

Getting close to breakout point.

Getting close to breakout point.

Total's Venus-1 targeting over 2,000 MMB on block 2913B and Shell's Graff-1 targeting a multi-billion barrel prospect on block 2913A/2914B are both due to spud in Namibia in Q4. Azinam's Gazania-1 targeting 349 MMB is also due to spud Q4 just over the border in SA. Maurel & Prom are also rumored to be drilling Aurora-1 in 2022. Clearly momentum is starting to build in the Namibia area which should drive sentiment in related oil stocks. If one of those wells delivers the goods I would expect a significant uptick in industry interest in Namibia tiddlers like TRP, CHAR and GBP, which may well lead to one or more farm out. GLA

Total's Venus-1 targeting over 2,000 MMB on block 2913B and Shell's Graff-1 targeting a multi-billion barrel prospect on block 2913A/2914B are both due to spud in Namibia in Q4. Azinam's Gazania-1 targeting 349 MMB is also due to spud Q4 just over the border in SA. Maurel & Prom are also rumored to be drilling Aurora-1 in 2022. Clearly momentum is starting to build in the Namibia area which should drive sentiment in related oil stocks. If one of those wells delivers the goods I would expect a significant uptick in industry interest in Namibia tiddlers like TRP, CHAR and GBP, which may well lead to one or more farm out. GLA

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19p to 15.66p. Volatility is well OTT here due to poor liquidity which is a pity as this stock is worthy of far more liquid market making IMO. Hopefully we will see an increase in the NMS at the quarterly review if trade volumes remain elevated. It would certainly help.

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Trading like dog $hit.

Trading like dog $hit.

Company ... great. Share ... 'kin joke.

Joke market response again.

No discount is not how I read it. That is a reference to the last closing price of ARB not the IPO price which does not appear to have been determined yet. 'Jefferies and Barclays are acting as joint book-running managers for the Offering.' 'A registration statement relating to these securities has been filed with the SEC but has not yet become effective.' So still a way to go yet and I believe the book-running process is what is used to determine the price.

Not to worry. Just two price monitoring extensions. :D

Not to worry. Just two price monitoring extensions. :D

And ONLY £9.1M market cap. Way too cheap.