Member Info for SilverTrader

We believed we were fully funded at the beginning of the week, but by Friday there is a cash raise?

The fundementals have not changed, the road is progressing, and any oil is not going anywhere.
For LTH this is 'chill time' while the MM's have some fun gathering up this stock from the nervous pending the inevitable rise when the drilling starts.

Personally I want to see PMO taking up their option on blocks B & C first following Charlie 1 results, that would show a strong commitment by them and create a good revenue stream for us once the oil starts to flow. That would also provide extra money for DW to enter into a strategic partnership to explore Yukon Gold.

So first things first for me, lets prove the oil is there and its commercial. Then I think we have something that will strongly affect the sp and more importantly (for me) maintain it.

... maybe MM's tripping stop losses to top up at a cheap price in advance of an anticipated surge in demand perhaps? Been here too long to fall for that one.

Before I get reported that was a joke of course....

When the drill has finished and they plug it up for another 12 months, maybe they could use Greta Thumberg!

'Thank you SilverTrader and what do you use for execution'

As stated in the post I use Interactive Investor https://www.ii.co.uk/

https://uk.investing.com/equities/tangiers-petroleum-ltd?cid=27709 this is what I use to look, and Interactive Investor to buy/sell.

pbody, its probably folks who now realise how much they spent on their credit cards at Christmas and need some cash for repayments!

At least the sp is remaining fairly constant, so not being affected by any sells as demand is still there (and no doubt rising as we get closer).

..and they can't do a normal tree-shake to dislodge a few more as they will get snapped up I assume.

100M exceeded

alreadyinuse, this was posted by Brombarb last year nd explains it.

'buys and sells both on the wrong side of mid price, hence all trades showing as sells. Just the way the algorithm works.

"The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’. "and sells both on the wrong side of mid price, hence all trades showing as sells. Just the way the algorithm works.'

Open all day

What a feeling after all this waiting, now onwards to the drill while gaining profit.

I wish all shareholders the same situation early in 2020 if you are not there yet - don't worry you will be.

Done

Well found Keefy, interesting read on ice road construction.

Beat me to it..!

'I just had a nice top up 888,888..'

But as Brom correctly points out below it shows as a sell.

http://88energy.com/operations/

Its getting to look a lot like ..... 'another top up'.

Always looking to average down again, but now my break even is so low that even a moderate top up doesn't really have any great affect. What will have an effect is oil at the surface.