The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
That's why I posted last night on his interview you could take a lot of posatives and negatives. Mentions of August for drilling I think, big find, issues with the drill, his nervousness, problems they could get around.
All will come out in the end, and a lot of posts will churn the fours and against Lol. I think thete will be at of issues and posatives. Also out 10% of Nigeria and the high tax of 85% there, we would need a huge recoverable find to put a mark up on the share.
Proactive Investors Arthur Milholland Interview after the find announcement, just incase some investors have not seen it.
You can pick the bones out of it, come up with a number of scenarios, posatives and negatives etc etc.
https://youtu.be/YT8syYM3zcg
But we know a placing would be on an average of a few days I believe, so if they did do it in the next 48 Hrs, you would say oh hello, no wonder there was a dip.
Anyway, all guess work at the Mo REF: Placing, what it would do is get a nice buy entry again as it normally goes to that price, but who knows.
Ryder Scott preparing the report, no timeline given, contact thinks it could come with the Q1 report, but is not sure if sooner or later, just the persons thought.
Person is linked to the company through the RNS, and spoke directly to the company today. Nothing else information wise, had a chat about AIM, like they said, this is not AIM and the line is straight not curved :-) see what the report says and hopefully if all proven correct then hopefully up she/he/it goes.
MrIndia yes, sarcasm, unfortunately some will follow, learnt this many years ago. Good luck.
Hope your right Khaled78, just put my gran parents saving in here, not all, suggested they put 45k out of thete 50, they are just moving to Spain and have put a deposit on there place, hopefully your tip will pay for everything, if not I'm not sure what to do.
Good luck and thank you.
I was in Desire petroleum, and lucky I shifted my money after a large spreadbetting loss, early am down 20k, close of play shifted what I had to RGK as they were drilling next, by close of play up 12k, but RGK where crap early on with thete drill.
Ended up with all in GKP which started off well, went down hill and back up again.
Any way Sparkz, good luck pile in
Well done Wookie, glad you say give it a rest and agree with me, funnier than Ken Dodd. I posted one true thing, and mentioned Desire Petroleum from years ago, an Asim company who said they found oil price went through the roof, next day said sorry its water, but that's not COPL.
Wait a report.
Sparks, don't be stupid, read the post and open your eyes. COPL Announced it with no back up report yet.
My gold mine in my garden has just hit a huge seem, honest. Not telling no one to stop buying, or bad luck etc, I'm in but no more till the report comes in. If I miss the boat so be it, but a good % of my skin is in the game already.
Spot on, the price movement is down to MM's and small fish money, the big boys will not be in until a competent persons report is in, and I've seen no mention of that yet, unless I missed it. Yes there's money in, and decent money, but not big big money on this news yet I don't think.
If the report does not come in with what's been stated or better, it will be carnage. I'm hoping we are gonna be sorted, but still have bad memmories of Desire petroleum many years ago.
Fingers crossed for the coming months, and hopefully a report.
Do you think the share price has not pushed on because of Naheed Memon comment saying, optimistic on the results, where very encouraging was used in the same RNS?.
By the look of the price I would say an uncertainty at this moment, still reading up at the moment. What is everyone's thoughts on why we are slipping still, is it the Xmas money being taken off the table?.
Good luck.