Member Info for rsproson

Have to say. Bought another small amount this morning. Looks like today it might turn back up.

If nobody else is going to say it then... "Wouldn't want to be out of this over the weekend"!

Some boy, almost £400,000 worth. Bring on the helium play.

Persimmon - there is a very strong support at 0.54 - 0.57 area. 2nd of March is bounced here before the lockdown was announced. Then from the 6th of May we have not been below this level. However there is probably a lower support at 0.49 so I see what you are looking at. I only see it going up from here though. I took some in the .54 - .57 area and expect to do well from there.

Haha just spent far too long looking through Borat quotes. Far too may. "This is Urkin, the town rapist. Naughty, naughty!"
I remember going to see this film at the cinema and an old couple sat down in front of me. Poor things. They left after 20 minutes horrified... Or that might have been Bruno.

Not sure I understand the harsh comments of someone having a different view. I am bullish here and invested. Having some opposition never hurt anybody. At the end of the day if you have done your research and invested you shouldn't care about what other people do.

Building a good holding around this price. Certain this company is going places and in the near term.

Off to the races. Persimmon must be buying :P

Again, as I always say. It is the investment strategy of this company that has me hanging around. Obviously de-risking where appropriate inline with my personal trading strategy. They wanted a majority working interest so they could prove up WN rather than UJO who may have preferred to get the oil and gas out as quick as possible before proving up the rest, so they can sell the asset. That is the whole point of this venture. Prove it. Value it. Sell it. The location is fantastic and has come at a really compelling time inline with majors looking towards net zero. Very very good location for this.

More old timers here than you think. I did think this board was a bit quiet without you stirring things up Persimmon. I've not commented for a long time. Think many saw their portfolios fall away in the slide to 0.2p but hey ho. We recovered fairly well like the rest of the stocks. I'm around my average at this price. Still think this is a fantastic buy. The confidence in Reabold to literally go all in with this after WN-B truly speaks volumes in itself. The boys in charge know what they are doing and knew what they were doing when they caused dilution, in my opinion. Just waiting for the results that are just around the corner. Bit later than expected but we all know this mcap is low if the results are in favour.

Topped up after yesterday's drop. Crazy low mcap for the postcode.

Love the £1 party. Would suit me nicely. Realistically though, with the best news on west newton being loads of oil and gas and also a buyout from a major... hmm... hard to say..? 15/20p? 30p?

Good flow rates will be everything as the oil in place estimates are already phenomenal.

All covid stocks could use this. 100% accuracy.

You can buy below the sp so it shows as red. Seems people are happy to accumulate at this price. Showing some support ready for the next wave. News on drilling equipment moving in and this is likely to bag due to the current market and sentiment on gold stocks. It definitely has legs at under 4m mcap and based on their asset locations!

L&G have different funds for different things. For example they have a dividend fund. Now that INCE has stopped the dividend (for now) L&G could no longer have INCE in that fund. So that may well be why they are selling certain shares.

Breaking out now

Good to see some activity in Romania and West Newton. More to the point, nice to see the sp move in the right direction. Still hugely undervalued imo.

Good holdings rns. Very cheap here and potential shown in the last rns stating West Newton could look admirable by the oil giants during this time with low oil prices etc. Patience patience patience as always though. Gla.

I am with Chris on this one. I saw an opportunity here anywhere below 0.7 and wow it is far below that now. West Newton alone has the potential for the sp to be 3p+. That was a 3 bagger not long ago and now would be a 10 bagger. Madness. However in a global pandemic of course there will be opportunities in the markets.

Some people need the money right now either for living costs or uncertainty over their day to day jobs. Others maybe are in a position to hold and wait to see this through. I see huge potential here even if it goes to 0.1 first (which would be pretty damn insane), and fully expect to sell in profit.

Time will tell and each to their own.

Good luck to all in this terrible time.

I thought everyone and their dogs were adding at these levels? :D

Yeah it certainly creates a window of opportunity for anyone sitting on the sidelines or waiting to increase their holdings. People here who have waited for 2/3 years complaining about 4 weeks though - wth is that all about? We have an expected date now just waiting on the EA. This is very very good.