Member Info for Qalbabbass

anyone there?

Someone is accumulating, been seeing this for days now. Seems like a leak for Novinsky's Pal's.

Nearly 2.5% of shares in issue sold by directors which is huge. They have put a spin on it by saying institutions want to buy shares. Although we do know a institutional investor bought a huge chunk recently.

Was concerned that Avacta’s LFT might not be up to the job with the new variants, but this Twitter article puts that to bed https://twitter.com/SharesChat/status/1363059064641630215/photo/1
Variants will spread as soon as lockdown is over as vaccines ineffective

Wow this could be huge as we will have variants lurking for a long time, and current vaccines are less effective

Krok, It is always good to see a ardent critic such as yourself switch sides and have a positive outlook. So hopefully you have made the right decision and we see the price move on upwards now. Price is looking very stable at these levels fingers crossed, so we hopefully re-rate. The well results are due any day and I am just wondering if the results have been leaked which is why were getting some steady buys come through.

Don't fall for the MM games, this will be over 110p as we head into summer

Surely there will be production growth in the future with new wells expected with the Arkona purchase?

Nice summary Krok - Thank you very much. Agree

Enwell should have enough FCF on annual basis to sustain a div of 3p, and this will act as a base to the share price.

Will be interesting to see the reaction to todays news, however I would like to see £3 today please.

Surely news imminent! Why didn’t I bloody buy ARB Instead of this! Lol

Bought some yesterday, let's see how it goes. Looks like a good company, debt-free and plenty of growth potential. Any idea on who the major shareholders are? I see the directors bought in 2019/2020 at 0.15 and 0.27p.

Yep, the longer the wait, the bigger the cash pile!.

Some buys coming in through today, maybe a leak, maybe people chasing stocks due to higher gas/oil prices?

Arkona adds 38 MMboe potential reserves. No current production. News of spudding in the Arkona region to come shortly.

Yes any day oldholder for the test results. I think these results are less important now that we have the Arkona capacity on board this year, not a bad acquisition for $8M. Still plenty of cash to distribute or buy more companies.

There is another license issue thats been going on for years in the VAS region. I dont think anyone seems to be that interested as the courts have said they can continue to operate.

Hopefully news to come soon. Other key companies with results due soon include PRD, SENX and ZPHR. All seem to be debt-free and with good futures.

Will be interesting to see if there is a drop on ex-Dividend date which is tomorrow. I have to say very good momentum so far.

Yes should not be long, any day now. Hopefully >600!

Disappointed no questions about potential revenue. For example the recent commercial order they received does not indicate the revenue.

Anyone know what they can sell these pellets for /Tonne?