Although the tone of my last post may have seemed overly negative I remain invested and in terms of the possibility of a commercial gas find I do not recall a better prospect in recent years. I recommend folks should take the time to read the previous RNSs ref when the flow test was suspended due to the 45 m oil column find. I am just under no illusions that its still a gamble as reflected in the SP
Mr B you still know more than me
Pers you obviously don't believe any of those things so it seems strange why you spend a significant amount of time posting here when surely your time would be better spent concentrating on shares where you see some upside that fits with your personal investment strategy.
Let me say from bitter experience there are never any guarantees on a drill and imo I don't personally consider the chances of a commercial gas find any better that 50% despite the fact that we know the gas is there. as for oil again we know it is there but imo cos far less than 50%.
I just hope when we get the results a "jim bowen" voice from above does not whisper in my ear "lets see what you would have won"
Mr B
I have an ISA with Barclays so it was an ISA purchase but I normally trade with IG. I am intending to get my ISA transferred.
Including my buy plus those visible on the transactions list over 750,000 at least have been bought. Nice work mms your list shows just over 220,000 bought and 8.38 highest price. You are allowed to employ tools to deceive and nobody could accuse you of not trying to deceive
Had to pay more than the advertised Ask. After 1 hour my transaction does not appear on the trades. Not saying that is particularly unusual. For me my general market crash fears have eased due the news on the vaccines progress. Plus a way forward on Niger is critical imo. My only concern is that even a value adding good acquisition deal may be badly received if it increases our debt position.
Only £5500 worth of advertised buys. There must surely be some buy orders in that they are not letting us see and will be late reported buys. Then again I could be deluding myself.
I LIKE
what is a fraggle? I though they lived on a rock
Yes I think there is a very good chance that they will be a new Customer.
I am currently out of all of my previous holdings (bar RBD) based on my general market fears and as Nice to Michu mentioned yesterday the question is will Mr Market reward us yet on good news whilst he monitors the cash collection/debt position over the coming months. The decent results cash collection figures and directors buys did not result in a rerate which was obviously disappointing. My finger is hovering over the buy button.
I suspect that the downward pressure is the MMs moving things in the direction that best suits their strategy at this moment and is not related to any "leaks". I remain in but understand that I am taking a big risk. I had been hoping that the SP would go up during the drill as used to happen but times have changed indeed. I have got to admit I am very nervous but you place your bets and take your chances
Looks like all bets are placed and the wheel is spinning. I guess we can only hold our breath and wait.
Look at President today looks like their seller has cleared and a 22% bounce. Lets hope Savannah sees the same type of bounce it certainly deserves it
With countries printing money as fast as they can print it all share buying is gambling. What you are saying is drilling is very high risk
He is just messing with your heid
The published trading volume is tiny if anything had leaked one way or another the trading would be huge either way.
Lets hope good new arrives soon. All the best to fellow holders
Nobody knows what is coming for certain that's why the buying is modest
We have placed our bests and understand the risks
I personally think there is a very strong investment case here at these prices. The only thing putting me off is a belief that there will be a big market correction at some point over the coming months and I am currently only in 1 stock. I plan to buy here though when I think the time is right and continue to watch closely. If Tranfigura like it at these prices so do I.
Significant Discovery in Paraguay.????
What significant discovery in Paraguay?
The promise was that the prospect would be drilled in late 2018 but various events have made that not possible.
I can only assume with the continued selling that there must be a buy order being filled as the SP is holding up. I was hoping we would see at least 0.8p by now.