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i can see some poster talking about exiting RBD /UJO and moving to EDR. / EOG for immediate news on Wressle production.
furthermore, maybe will with whether RBD is arranging placing or not.
if you dont like EDR/EOG, then perhaps take a look at ADV - spudding Oct
was able to sliced some HUR as been here for sometimes and need to spread out a bit. went to top up ADV and ANGS.
anybody else in these two? ANGS has gas portfolio offtake with Shell and still cheap sub 10m.
ADV spudding next month.
i think some here also in these two?
MOU is like initial agreement but its still far away from any concrete revenue/finalising/approval process.
ORCP had MOU since a year or two. EQT sign MOU almost every 2 months or something last year.
so, while its a good progress nevertheless, MOU signing is nothing special. that explain why sp hardly moving up
oil is coming to $80 and maybe $90 this year. that means our assets in ground worth much more than before.
ADV will start drilling next month and in the same country, so expect some sentiment returning to Boil. i expect sp will start rising again to 0.10p
so now we have to wait till end of Oct for drilling update? might explain why many are selling
it seems there might be a couple of persistent sellers, or perhaps many PIs who been holding sub 10p are now exiting ??
positive and excellent news is coming soon from Wressle. unfortunately i doubt UJO will have significant rise and any rise will be sold into by the overhang from placing
as such , i have moved my holding from here to EDR and also EOG and both of them have better opportunity to rerate from here.
positive and excellent news is coming soon from Wressle. unfortunately i doubt UJO will have significant rise and any rise will be sold into by the overhang from placing
as such , i have moved my holding from here to UJO and also EOG and both of them have better opportunity to rerate from here.
i suspect COPL will drop lower on consolidation day and expect to drop to 0.25p or lower.
IF and i said IF placing is coming, hopefully will get good news first as otherwise sp will be sub 0.2p??
i was reading about geothermal project which ANGS also progressing and also now noticed IGAS also in geothermal.
i think these two companies will do well.
still trying to do more research here. any reason why sp spike down after spike up recently? do we have persistent seller as such?
From broker SP ANGEL
Iron ore reacted positively to Evergrande’s announcement of successful negotiations with creditors, rising 7.2% to $100.40/t on the Singapore Exchange.
I suspect, we may have seen the worst for iron ore, and it should now back to uptrend.