Member Info for sankeys

Really? Do we as investors buy for the expectation of what is going to happen or the actual that has happened? I won't bore with this, but I am an economist and you will find expectations drive most things in this world.

It's all about expectation - if Z21 comes in with 250 bopd plus then the expectation will be that the 1000 will be met and the SP will rise. At present there is alot of doubt that they can hit and stick to targets.

Someone took 5k at the 25.01, so real SP is 26p. I've put a buy order in at 26.50 to see just how strong the ask is, only 5k so they will still make 1.5p on the spread.

I hope your not ' counting ' CC as " us " or he will be giving lectures tonight or worse....pistols at dawn!

He has every right to say why he sold as well. These discussion boards are for sharing information and views- not trying to suppress. He's not the only seller given the trades over the last couple of weeks.

May we ask why you sold 1.3m ?

Bid is really 24p, the ask just shy of 27p. This is on low volume - any decent volume and this will move 20% plus. My target is still 40p by 16th March.

Late print 1.3m sell - that's what kept it down.

6 more ESPs should/could add another 100 bopd. There are other wells that can have work overs also. Hopefully now they can manage some newsflow to drop feed a few successes until Z21 completes.

Agree, IF Z21 delivers we will hit 10p with then the added expectation of Z28. It would be good if anyone of a technical nature can shed light on how difficult the remaining jobs are to do.

350 is current, 250 is Oct - Dec average. With the 5 additional ESPs they have added 100 bopd and probaly dealt with the chemical problem.

Check it out on YouTube - very impressive, that will get people buying. Sorry I can't paste it over on this phone.

BTL hasnt played ball this week - it dropped with the crypto's but hasnt risen back with them. Of course with this market reversal it would be the perfect time to relist Bk2.

I think 24p close is a bit harsh given the trades, but steady as you go is good, we want the spike post news.

Mine was the trade even when the ask went to 0.75. Seller needs to FRO then we can all get on the train for 1p town.

I got 200k no problem at 0.7.

They need shares quick!

Around 30p they will get some sellers who can pocket a 50% rise no risk. The issue here is that we know Cedex is already popular, has got the important regulated Japanese market and is going for the new Gibraltar regulated exchange. This isn't just another ICO, it already has a planned purpose in the diamond industry. The value on launch will put 100% on the SP - but the value of Cedex could easily rise dramatically as investors use it as a crypto investment.

Yes, seems yesterday was the peak for this week and it failed to keep any hold over 80p. Clearly a seller, perhaps from the placing. If they buggered off it would be 1p in no time. BTL hasnt helped last couple of sessions either.

Will get to 30p by next week at this rate. Crypto's are coming back in favour just at the right time for the Cedex launch. Everyone needs to be in by the end of Feb as newsflow will be very busy in March.