Member Info for Sheephatch

Three 100,000 buys already this morning.

Blue day ahead and news today or Monday I suggest is a given.

Have a good weekend.

Someone really wanted those shares this morning and paid top dollar.

Bodes well.

Small dilution as mentioned on the presentation perhaps putting the brakes on things.

I’m holding back adding anymore until that RNS drops.

Watch for the mobile telephone App buys or sells from the back of the room.

Price normally gives it away.

Volume looking healthy again today.

Let’s see what the afternoon brings.

Good luck.

Our strength lies in being an early mover to identify value-creating opportunities and to patiently bring them to a stage where early monetisation is a realistic goal."

Says it all really.

The Management are working their socks off and I for one am very happy and appreciate what they are doing. Cracking effort all round.

The Company is working with a potential strategic partner in the event a successor authorisation for Corrib South is awarded.

Warming up slowly :)

Solid

Orcadian Energy plc is pleased to announce that Stephen Brown (CEO) will provide a live presentation relating to the Pilot Farm-out via Investor Meet Company on 20th Sep 2023 at 12:30pm BST.

Interesting day tomorrow.

Https://www.proactiveinvestors.co.uk/companies/news/1026781/orcadian-energy-shares-gush-65-higher-on-news-of-outline-pilot-deal-1026781.html

Steve Brown, Orcadian's CEO, commented:

"We are delighted to have reached this agreement, which sets out a potential pathway to production for the Company's Pilot field.

"The Pilot field has a substantial proven reserve base with material upside potential in the surrounding area. We are delighted this transaction could enable Orcadian to retain a significant interest in the project and to enjoy the long-term benefits of producing oil for the UK.

"Developing energy in our own backyard contributes to the UK's Energy Security and balance of payments; delivers long-term high-quality jobs; and minimises emissions associated with satisfying the UK's need for energy.

"We look forward to progressing the next stages of this proposed transaction and providing further updates."

Https://oilnews.substack.com/p/exploration-news-17-september-2023

Purchased my shares this morning and looking forward to an eventful few months ahead.

The company’s position now looks very promising and if they reach the targets they’ve have set it should be very profitable for everyone.

Thank you for the posters on this BB who have shared their research and knowledge which have helped me understand this little gem.

Good luck to everyone and have a good weekend.

Smiler/Hms I am genuinely sorry you have been caught out by the raise that I suspected would come.

I will be taking the opportunity to buy In tomorrow and hope to make a quick buck as the share price recovers and heads back up. That’s why I invest and my comments earlier this week were not to suppress the share price but just my honest opinion.

I and everyone else on these BB’s have pretty much zero influence.

I’ve been caught out previously several times but I’ve learnt to spot the signs but still learning everyday.

The company has great potential and with the funds they will no doubt start producing very soon and hopefully make you and myself a few quid on the way. Game is as always to get the timing right which isn’t easy.

All the best on your continuing investments. It beats working for a living.

Regards.

Tell someone with money what you have found and they’ll give you some money to fix the handle so you can dig out the gold. But they will own a portion of the spade and the gold 😀

Ref 10th September your post.

I’ve mentioned twice this week already that I think a raise is likely and the market would appear to have its own concerns as well. Obviously my comment was met with hostility and I understand that.

If the production figures are realised then a raise to get us to being up and running is not an issue and is just a necessary evil. Most small companies have to go down that route for additional finance and it is a regular occurrence.

So I think your concerns are correct and as stated already my powder is being kept dry and I’ll be going full in when the opportunity arises.

You stated just a few posts back that you were not going full in here due to your worries about - liquidity !!

That to me suggests you feel the company hasn’t the finances then perhaps.

Can you explain to me why a raise isn’t on the cards then.

Company need funds to push things forward.

Raise coming and I’m keeping my powder dry until then.

The market feels the same and with the news of slight delays, hence the drop yesterday.

Raise definitely around the corner and the SP will be restrained until that is taken up by the lucky few.

Great update and moving forward nicely.

That’s good as I’ve got plenty 😀