Member Info for scoobyrex

queue Mike31 after a couple of positive posts......

a bit over dramatic, weeks left, hasn't sunk yet and multiple options likely being worked.

Thanks slowly slowly, that is logical and makes sense.

Can anybody explain what peel hunt are doing, or have any theories.

Are they acquiring and then selling off book to a 3rd party ?

Are they buying and selling often at small loss/gains for the fun of it ?

Or something else ?

Nice to have something going on

How is it a scam ? It is a survey we’re you provide your email address and interest level to invest in 2x5k bond style payments.

The list of email addresses will be sent to sxx if sufficient interest.

The use of google forms maybe wasn’t the ideal choice, but the intent is good.

some day traders hunt for 10-15% in a few days and are happy to sell and move on. People have different strategies.

with the cement issues, I thought that was the reason why wells were temporarily plugged. plugged, cement/sealent pumped down, well redrilled/cleaned passed the plug to resume production. Sounds simple but I guess it depends where and how many cementing issues there are vs post production improvements.

has anybody got any experience with correcting cement issues in regard to drilling ?

I have been following for a few months with interest, now have some skin in the game. good luck everyone.

Nah, your just miffed it’s not a duster like strike out MATD

https://bit.ly/2l6e7Ze

From RNS

The Board is therefore proposing to dispose of MetaLeach and change the Company's business strategy.

By dispose of metaleach they mean sell the patents to make the “cash” for the cash shell. Or something else.

The gas is strong with this one, but no bago news, hopefully a follow up RNS soon.

Looks like 16az will be a viable well but remediation works are going to take time.

All still to play for and showing that this is undervalued and oversold.

I have a few people on filter, but just now today's filtered messages have gone completely, has Mike31 just been banned !!.
Expect a new user with minimal posts shortly and a chip on their shoulder.

It isn't over till its over.

6 months capital to run the company and find alternatives. Probably what the BoD should of been doing since the Brexit result, they are stubborn which may also help them over the coming months. The BoD now need to find multiple suitors/ptions to create a race condition as at the moment they have very little leverage as a suitor knows they can drag this out until SXX runs out of cash and becomes even more desperate than they are now.

At 18p you have options in my opinion. But in general you have to consider this share as an AIM stock in terms of investment strategy.
1. Stop looking at the daily SP wait it out for 6 months and it hinges on finance/acquisition to get out something meaningful in 6 months but risk losing the lot. Looking at the SP and this board will drive you insane, almost worth mentally writing the investment off now.
2. Look for what you believe is the low point and average down, you need to bring it down to a point where you believe this could uptick to on a rum our or signs of progress to reduce investment/risk. ie look at getting the average down investment back out if you reach break even at least. Do some spreadsheet models to see if there is one that suits you and your outlook.
3. Cash out at a spike of a low, this will bounce around on rumors and day traders but most likely be a downward trend IMO over the next few months.

I am most likely going to average down again. I have a buy price and size in mind.

real time view,

went straight to 2.1p sell 2.5p buy. Gutted

984 posts, and “new to the internet”. Lol

I was buzzing for an RNS this morning. Like a kid at Christmas.

If they have raised 1.3M recently for capital and investments, what are they planning to do with it ?

He is probably thinking the interview will help the SP, nope just wiped out recent gains.....