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Nige. Wouldnt it be more strategic to do 2 announcements. The first announcement would likely cause an increase then stabilising back down again and then second announcement would just build on top of that to stabalise it even more. AK and gang no doubt can see shareholders getting rattled since i assume they monitior this bulletin board and Telegram etc so im sure they would want to see it substantially higher than the 0.8p focus but we now sadly see it even lower than that despite hitting the 1p plus figure a short time ago. Im really hoping they will announce the flow tests b4 the end of 1st quarter!!!. 11 days time.
Alb. Im starting to feel the same as you. Im hoping that things will change by next Monday ready for the 19th but i wish the company would find a way of getting rid of the ones who keep dragging this stock down. Its getting weary. AK was allegedly an investment banker in his previous life so i really hope knows what hes doing and has truly trying to look after shareholders interests . My patience is wearing thin
Dan. Same as you I think the results are known. Im only guessing here and combined with what ive gleaned from Telegram chat i think Sonogol are possibly in overall control and im thinking they are trying to get timing right for this conference on the 19th in Texas on Angola oil. Only my interpretation but i think we will hear something this week in readiness for next Tuesday. Hope so anyway!!!
Rocklawn. Im a mere novice here but ive been reading and gleaning lots of info from here and telegram and i personally think the results are already known
I think they are positive and lining up to be announced either next week or monday 18th in line for the Texas thing on the 19th. Ive been topping up this week below 1p and am now comfortable with my position. Corcel are mentioned in the Texas thing which makes me think AK knows the flow tests are good because hes gonna look like a plonker along with the rest of the bod if the results are disappointing b4 the 19th presentation. I think next week will be the last time anyone will b able to purchase beliw 1p. Hope so anyway.
Nige. Why is it you think Crcl continues to be so over looked and under valued compared to others? We have no debt and access to funding when needed. Do you think its the name Corcel recalls nightmare memories of failures and shafting of shareholders in which case a name change could propel us forward with the right news???
Hi Ed.
It's been mentioned on telegram this morning that as a consequence of today's rns the number of shares will b around 1.8 billion and number keeps on going up. But someone also mentioned that they seemed to think that AK mentioned some time ago about a possible share buy back sometime in the future??? Do you know anything about this? I don't like the fact we are almost at 2billion shares and with that comes the possibility of a share consolidation which normally results in sharec holder destruction as in the current abysmal state of SAR. Any thoughts please?
Ed.
I have to say this your analysis of data here is brilliant to say the least. I notice you reply to every one who either asks a question . I know this is still high risk essentially but your break down of things for starters like myself is very much appreciated.
Let's hope we are all rewarded in due course.
Please keep it up !!!