Member Info for Scoobydriver

Ditto. Will be getting back in on any reasonable drop.

Would have loved for the sp to open at a much higher level following the presentation Andoman but it is what it is. The market will do what the market does but based on what was said at the presentation I'll be staggered if we don't see a sizable climb over time. Fdp approval was muted as 2025 ( so that's not too far away) and before then there are other likely rns's that all could / should add value. Downside from here?.. Not too much you'd think, upside? who knows for certain. Happy to hold and wait, would add a few more at these prices tbh if I had spare funds.

Just watched, very happy with everything that was said, fantastic to have the opportunity to ask questions direct to Steve via the investor meets platform, and totally relaxed with my holding and the future of the company. Cheers Steve and Team Orcadian.

SpArmada

Posts: 614

Price: 11.50

No Opinion

RE: Cash raise?4 Apr 2024 17:05

They have to pay back to Shell and they have burnt money like teenagers

Steve cleared that up, nice to hear that he does pop in to the chat sites, nicer that he rubbished ill founded cash spend post

Don't know Stalin, after all it fell from 39p to 28p not that long ago on not very much when you think about it, seems to me like 35p is a kinda limbo mode where it could hover about until a good reason to move in either direction surfaces. The simplest of these reasons which are interlinked anyways are oil price, interest rates, middle east tensions, supply etc etc. Offcourse there is also the short selling to consider also. If we're lucky that bank of america upgrade can keep us heading up.

Not implying that orca could or will be bought for £8m spring water, was highlighting that at current market cap at this level it would not be unreasonable to think someone might consider all options... I'm happy to wait until first oil, would expect us to be far higher than 10p by then.

Stalin if we get to 66p then I for one would be very reluctant to "get out". That's a seismic jump from where we are now, and in order to get to that level there would need to be some strong supporting factors ( such as Kenya, tax bill, increased production, discovery, takeover etc etc) all possible I might add. So with that you could well find that 66p was simply a step on way to even higher. Likewise 25p again would be quite some move without good reasoning, highly unlikely with oil anywhere near $80 and above.

Looks like there's been a counter hit pcp lol

Hi pcp, I echo stalins comments. 10% down against fundamentals is fine, remember during that time we seem oil above $100 so a return to that and I expect that missing 10% will soon return.

I concur with that JMAX. Negative news down, positive news up.

"Shorters are ready to pounce when it hits between 37 and 40 p. That's a fact" ..

Monopoly, can you enlighten as to why you know this is fact. If that is your strategy then that's fine, but to say it's "fact", however possible, is a very misleading assumption.

Very noticeable that since the recent sustained rise, that there are more and more posts that are of a somewhat negative outlook on the share price with much talk about shorting and returning to as low as the 20's. Whilst a few folk posting on here probably makes very little difference to the tlw share price, it does however quite likely encourage some to sell of that I'm convinced. I'll say it again, at the end of the day fundamentals will dictate the long term sp. Quite simply oil above $80 (which we are well above) and world supply / demand and production. Not sure about current production levels but the other 2 key elements are favourable at this time. That's my barometer. Stays like this then any drop back will bounce up again without doubt.

At such a low market cap it's not beyond belief that at some point a bid could be tabled Mozak? £8m pocket money to some of the bigger O&G players. I'm surprised Ping just don't snap up the whole 100% by aquring the business.

I bet you've not as many tranches as Roald though JMAX, any luck he'll "snaps your up" from 36p and watch them climb to 39 + before AGM....

Sensible comment Stalin which could well prove to be bang on. Was a while back where we traded around 33-36 on pretty much a daily basis over quite a period. This however does seem a bit different since BoA upgrade (and oil at $90) in that it's been quite a steady rise without that pullback. Be interesting to see what the api draw brings tomorrow.

Think the problem with selling at 36 is that it might prove to be a bad choice as 39 appears on the horizon. It's either the right or wrong choice JMAX, we'll find out soon enough I imagine. My thoughts are that we might see selling at 36 giving a drop to 34.5 / 35 p before next leg up to 39. Fingers crossed I'm wrong and keep heading north to new year high.

Looking forward to tomorrow's presentation. Unless we get an early rns then not going to be anything life changing disclosed, but always good to hear from "the horses mouth" what we can look forward to. Hope everyone's been getting their questions in. Got that Xmas eve anticipation lo

Haha wrong board Ffs. Apologies all

Looking forward to tomorrow's presentation. Unless we get an early rns then not going to be anything life changing disclosed, but always good to hear from "the horses mouth" what we can look forward to. Hope everyone's been getting their questions in. Got that Xmas eve anticipation lol

Nice that we've climbed back to a decent level since the rmiserable, but long ago days of 28p... Are we all expecting 36p before a pause, before 39p becomes the next target.