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As I thought, they are still putting together the info from carapa etc into the drilling plan. End of jan is when I’ll be expecting the drilling plan to be announced.

The sell off continues, 2x1 share sells just went through!

Please show me the big sell off lol literally barely any sells, two huge buys on Friday..

Something is brewing that’s for sure

Looks like a quick trade

Lol muppet

Namibia farm out could be a huge bonus for us this year.. all expenses paid with a major would be ideal.. a quick drilling campaign etc

Just the odd sell... eco is now a perfect share to trade, buy on lows before news and sell on the news (unless ofc we will drill in this quarter).. and then buy as much as u can leading up to the drill, and pray lol

Lol

There is no way Tlw would’ve finished the drilling plan after so many recent results.. Total was involved in all of them, so they will have additional info and realistically the earliest is gonna be last week of Jan.. I think the tlw update will only concentrate on their own internal stuff, get the house in order, show the market they have a clear strategy going forward regarding their African portfolio.. We are right now in a much better position than we were 12 months ago and the fact that the sp has barely changed has given all of us an even better opportunity to make money at a much better risk/reward ratio.. I sincerely hope we won’t get a low ball offer of £2ps before we drill our next few wells

Cgx are to volatile so any kind of news and they will react to it.. just like we did before we started our first drill.. cgx is a big gamble, I would take eco anyday out of the two.. we are in a far better position now to see a massive upside, can’t wait for the drilling campaign to start!

Total will have so much technical info it’s insane... so glad they are our partner... our cos will be at least 40% on the next drills..

Lol talking it down?? I hope u r joking... the reason why I am saying i was expecting it to drift bk into 50s because of the waiting time.. just like we will see a big spike after the cpr/update.. but say if we are gonna drill in the summer, that will leave us with no action/news for at least few months, and it’s normal for the sp to drift during that time... the £2 pre drill results is only possible if the first drill will be targeting a large area of around 1bb and light oil.. the reason for that is due to us already having discovered at least 500mb of heavy oil, which the market has dismissed.. however with light oil discovery the heavy oil discovery will also be priced in and the market knows that, so ppl will be flooding in to buy before results hence I can see us hitting £2 or close to that number before the results

Hopefully this isn’t due to a leak with some bad news.. sp has been horrific lately.. ukog need to get their **** together and produce some good results for once

Very surprised to see the sp moving north so quickly.. am still expecting a drop before the next updates.. at least 3 weeks of silence.. will be pleasantly surprised if that doesn’t happen though

The spread is crazy today

Updated cpr (if spectacular) and a drilling plan ( if we target say closer to 1.5bb combined) could send us above £2 pre drill results

If we do strike light oil, the jethro find will be even more profitable.. really looking forward to the plan

Have been doing exactly that, managed to get some in low 40s and 50s, so am fully loaded, but obv want more for cheaper lol regarding the update, don’t expect it until end of jan/first week of feb, it will take some time. The cpr might come sooner I think. But am now 100% confident that the drills on our licence will go ahead and 2020 will be one hell of a year to remember, even better than last year, which was good on its own, albeit the ridiculous ending, but was good enough.. can’t wait to see the size of the wells we are going to drill!

A very good rise today, but we still have a few weeks before any significant update, so the sp will most likely drift but who cares... next time we start going up, that will be sustainable and we should be on our way bk to £2 and above with hopefully a successful drilling campaign!