Probably desperate to recoup money on other failed AIM investments - happens all the time.
The herd as usual seem to be slow on the uptake on the potential of the SWP and the fact that a small AIM explorer could potentially be holding assets that tap into the largest oil basin in the world is flying over their heads.
Time to grab as you say.
I have a suspicion that the market will not grasp the positive significance of the RNS... but I could well be wrong.
I'm glad LK is not feeding tidbits of positive info to the market.
I would much rather he rewards those who have bought in prior to jumping on the gravy train... then WHAM!! Hit the market with a crazy RNS.... that sends the SP on market open to multiples of the current SP... catching the herd out.
Lovely Jubley.
Very small volume of shares... for Schroeder’s to be concerned with.
Why would anyone want to trade 55 shares at £1.73... surely the broker fee is more than the trade.
Unusual.
PRD is sitting on a £7m mcap... Get a grip people.
Don't look at the daily % increase in isolation particularly when comparing two companies.
I'm just over the moon that the first SWP drill wasnt a duster... It bodes well going forward to tap into the rest of the assets.
Now we have found oil and gas... Next step is to determine the size of the discovery. Nice... All the patience in the world. Slowly slowly.
Come on CERP.
Makes me laugh when people imply any delay in news has somehow prevented them to make £300,000 in 45 days.
Muppets.
A win if there is oil... Otherwise a wait until the next drill prospect. Simple.
There was always way too many doom and gloom derampers on this board even at less than 0.8p. Which indicated that the stock had plenty of life in it
I still see a couple of years worth of posts on ANGS. I have bags of patience... And I see potential bags in this in the future. Thanks peeps.
Irene doesn’t understand basic fluctuations of mcap.... he still thinks these fluctuations are based on company performance.
Very slow on the uptake. He will slowly get there but the penny won’t drop in time for CERPs rerate.
Someone should let Rupert Labrum know - cus I have a sneeky suspicion that he his going to make a killing and the majority will be kicking themselves they didnt buy at the record lows. He who dares wins.... provided you only lose what you can afford.
Some people probably starting to shift money into CERP and other stocks like ECHO who have drill results coming in the short term.
Echo Energy, the Latin American-focused upstream oil and gas company, is pleased to announce the commencement of drilling of the Campo La Mata x-1 ("CLM x-1") well on the Company's Tapi Aike block following the mobilisation of the Petreven H-205 rig to location earlier this week. CLM x-1 is the first well of an expected four-well Tapi Aike exploration drilling programme and is located in the eastern portion of the 3D seismic area, the Chiripia Oeste.
The primary target of CLM x-1 is a stratigraphic trap which lies in the Magallanes Formation ("Magallanes 20" or "Lobe C") at an approximate depth of 2,000 metres TVD. A secondary horizon in the Anita Formation ("D3") and a shallower secondary interval ("Magallanes 60") will also be targeted by the well and is expected to be encountered at depths of 2,225 metres TVD and 1,925 metres TVD respectively. Technical work with the operator, Compan~i´a General de Combustibles S.A. ("CGC"), has identified a high negative amplitude signature at the target area and Class III amplitude vs offset characteristics.
The well will be drilled to a total measured depth of approximately 2,600 metres in two vertical sections. Furthermore, a core sample from Magallanes 20 will be extracted and tested, and a full suite of wireline logging will be conducted over all targeted intervals.
Completion of CLM x-1 is expected to take approximately four weeks. Should the results of drilling and logging support further operations, drilling and logging may be followed by a mechanical stimulation and well test, which is a standard technique in the basin. This is anticipated to take a further five to six weeks.
Hoping to turn £62k into £620k no doubt.
Thats just AIM - trying the patients of Long termers who are holding large quantities with ultra low averages.
They can try all the games... but it wont work on some.
9% Spread - Try over 21% :)
Wow - this stock is still showing signs of life. So many posts submitted over the weekend.
No tumbleweed yet.
LK's 5 year plan wasnt revealed on his first day at work people.
Either way the point is, don't expect 2022 company valuations to materialise in 2019.
Manage your expectations wisely. A lot of PI's on these boards remind me of Veruca Salt "I want it now daddy, and if I don't have it now I'm going to scream" - snaps at desperation.
Its not a dog just yet... as there are still people posting.
A true dog is when there is tumble weed on a BB for a stock... plenty of those on AIM.
No point in deramping a dead dog... the job is essentially done for you making you effectively redundent.