Member Info for RiseAboveTheRest

Yeah, apologies if it came across as ramping. I just thought it was a positive sign and was worth sharing.

I’m surprised you sold part of your holding yesterday as I can’t see it dropping any further than this. Although, who knows with these MMs, of course it’s better to derisk when it suits you.

And yeah, completely agree. Hopefully soon 🤞

Speaking of oversold, this chartist seems to think so:

https://x.com/majestictradera/status/1745378777289433353?s=46&t=dBEUr060C2V_rrjFRsmkxA

“Looks oversold Shirley. #WCAT”

Considering we hit .5 recently without a signed SA, I’d be surprised if we only hit that when it does get signed.

I’m still hopeful of this month.

Wish i set a stop loss in the high .4s. Always miss out because I never expect the MMs to drop it so quick.

That was me who said it was oversold and only said that because that was the condition showing on the technical indicators on investing.com. Wasn’t ramping by any means.

There was definitely some ramping on Twitter though by a couple of accounts. However, I don’t think those ramps made much difference to the rise.

Hopefully 🤞

There's not been much activity on Twitter over the past week either (even responses to DMs) which is unusual, so hopefully that’s a positive sign that he’s busy getting rhe deal across the line 😃

GLA

Any idea what happened with this delayed trade around 8.10 on 4th DS?

Haha I know, used to enjoy his posts on BOIL. Very knowledgeable.

Let’s hope so CDF, still waiting for that delayed buy so maybe that has something to do with it. Cant see any other reason for dropping to .24.

Thanks CDF 😊 I did see that but was hoping someone could explain in Lehmans terms, as I’ve read that about 12 times and still don’t understand it 🤣

Also, how have we ended on .24, even though there have been no trades at that price and the last trade was for .26? Is that because of the spread?

“Trade was executed as an SI”

Could someone please explain what this means?

Still haven’t seen that delayed buy…

I’d be very surprised if we do.

Seems to be bouncing off the .26 mark so hopefully that’s the new support.

Did we finish the day 7.14% up or is that wrong?

Probably worth looking back at the RNS’s CDF.

The chairman said the funds raised (most recently) will cover the company over the next 12 months and also the cost of the deal:

HIGHLIGHTS (July-Oct 2023)

FUNDRAISE

· The Company raised £450,000 (gross) under difficult market conditions.

· Funds raised are sufficient to see the Company through the next 12 months(+), as well as covering the cost of signing the oil developmental deal.

· The placing was heavily oversubscribed (large demand) and investors had to be scaled back.

Mandhir Singh (Chairman) "This MOU is a significant step forward for Wildcat as we aim to complete our first transaction in Sudan. Now that we have a party that is interested in the same geographies, we are focused on closing a deal as soon as possible. Last October the company signed an MOU with the Sudanese over 4 producing oil Blocks (*) and efforts will be concentrated in signing a Production Sharing Agreement (PSA) over at least one of them. If the on-going political situation prevents travel to Khartoum then the Company will endeavour to negotiate a deal remotely."

It may be the other two MoUs are linked to blockchain projects, and are still ongoing.

What’s important is there is progress being made with the current SA.

Pretty sure he said 3-4 months CDF.

This stock doesn’t necessarily need news to move. We’ve hit the lows recently, not just because of the war but also the placing. I’d expect at least a recovery back to .5 without news (worth noting we hit that twice recently but then dropped back after the RNS was released).

We’ll always have slow days, like today, but I think we’ve hit the support and should start to see a slow recovery back to .5 until the next news/update.

CDF, I’m expecting the chairman to deliver this quarter, let alone this year!

https://www.lse.co.uk/rns/WCAT/wildcat-petroleum-newsletter-july-2023-oct-2023-gfivvr0ldryq1l0.html

· THIS DEAL SHOULD LEAD DIRECTLY TO WILDCAT BECOMING A PRODUCING/PROFITABLE OIL COMPANY IN 2024.

· FIRST OIL PRODUCTION COULD BE ACHIVED AS EARLY AS THE FIRST QUARTER OF 2024.

He's also mentioned in interviews that he wants the company to be a dividend paying company later this year (think he mentioned it in one of the director talks interviews).

I think he will. He’s too enthusiastic and excited not to 🤣

Yeah that was where I saw the tweet.

And that’s exactly why there is so much upside. Only way is up from here. We recently briefly hit .52 on no news, which was where the SP was before the placing. I think we’ll have another run up to that soon even without news (as long as the chairman keeps providing updates with progress etc).

Also, correct me if I’m wrong CDF, isn’t the below something that has only been added to the Wildcat X (Twitter) account recently?

(Veni, Vidi,Vici)

Https://x.com/shar***eprop***hets/status/1743428388130263504?s=46&t=dBEUr060C2V_rrjFRsmkxA

http://*************.com/views/72334/wildcat-petroleum-ludicrous-newsletter-placing-ahoy-is-the-fca-investigating-again