Chancers, no as I am not planning to add more. Happy with my £3k holding. I did sell the rest of my NFX though this morning and added it elsewhere, where I got spiked a few weeks ago.... you commented on that stock today I see. My other oil stock I told you about is flying this week...,
About time, we could have had this RNS or at least one stating environmental clearance 2 weeks ago. Great progress update, and workovers before CO2 injection. Hopefully a positive move forward today. Now do I buy more?
Just wondering what everyone’s average sp is? I sold at 1.4p and even but bought back in around 1p and averaged down a bit to around 0.67p.
I see the warrants are at about 0.5p and last for 9 months, so gives me confidence that the sp should be up above 0.5p during the next 9 month. Also looking at the chart the sp was about 0.3p in may last year but by June and July was over 1p.
Just looking now. Those wells were already producing oil so I think that the 120-150 bopd is what the wells are doing before co2 injections with the aim of achievement of 300 bopd or more with co2. Update must be close