Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Has anyone seen this? Seems quite well put together. It 's saying because of the discovery of the oil bearing F3H sand at Isobel #1 the step out should be a success. http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3AFOGL.L&it=le&action=detail&id=11802059
eegbvi, when people start buying, this is going to rocket 15-20% from here on the lack of liquidity
to draw sellers out... and then close at 10p
With the share price again... whole day trying to draw out sellers... large amount of volume in the last 4 minutes of trade.
Good timing, Liquidity is drying up.. probably only 100-200k shares left at 10p-ish
IMO..here comes Isobel.
The only way to blow this person out of the water is to buy shares tomorrow, they will have to cover the short quick smart as liquidity will dry up quite quickly. I think the rig should move and Brent should hold at support.
I have just had a chat to someone at the market abuse team at FSA, they are looking into it. Definitely someone manipulating the spread and then buys back at auction to 10p. I expect the rig to move soon, perhaps today or tomorrow.
This is being dragged down by one seller manipulating the spread.
I reckon... Oil is way oversold so expecting rebound on all fronts next week.
That was a distressed seller... serious rebound tomorrow IMO
eegbvi. Its a deep well that has a fairly significant amount of hydrocarbons in it. So that's how long it takes.
Takes a bit of time for this type of well with the supposed 'uncommercial' volumes of hydrocarbons which need to be plugged. On the move to Isobel at end of week I am hearing. Chasing up to a billion barrels, P50 500mmbl
1 billion barrels recoverable...
Spud Isobel soon eegbvi.. but still decommissioning the well IMO. It was definitely far from a duster and may become a phoenix rising from the ashes in the not too distant future. I am hearing up to 1 billion barrels could be in Isobel complex, it truly was a gusher. If only they could have completed Isobel #1.
If FOGL and Noble were to announce that it is definitely oil after more testing?
why?
Close, but its not over that, they want to takeover FOGL alI IMHO wait for the 21p takeover offer
Ocean Rig apologies
Noble are not letting on just how much oil they had. Isobel is full to spill