Member Info for spike912

mibo, that's about a grands worth.

Youll find this share has a habit of rising and falling.

Its better to just bottom draw and come back next year, when its likely 50p-£1

Even valued on cash alone it should be around 20p, just on cash!

Cash 20p
Add dividends from Poly shares, circa 300k a year, which you could class as risk free revenue
Then add BP101.

If you valued the company on cash and Poly assets alone you would be 20-25p.
Factor in BP101, and the IP, and the stock should really be valued fairly around 40-50p.
But this is AIM and true value often not seen.

BUT, its these sort of stocks, if your patient and don't need the cash, can make you a fortune in the long term.

End of 2020, when BP101 goes to market, I am fully expecting £1 a share, and there is no need to dilute, given 19mil is cash we can call on!

This really could be share of a lifetime for many.

Well that fun lasted long. Likely end up back in the 12s knowing this share by the end of the day :(
Few traders probably making a few quid

And bid rising to sell at 14.22

Can’t can’t buy

Last time this happened we hit nearly 30p in under and hour

Paid! Bags coming!

13.85p to buy now

Coffeecups not sure I agree. 100k is around £10k, and looking at the buys and sells of those they appear to either be moving at a loss, or a very small percentage so I can’t see it’s worthwhile for any trader to be trading on 5% movements for £500

Although on the flip it’s been a rather consistent pattern so you maybe right also. Who knows!

Spread is actually tight. 10.50p to sell and the 10.65 are in fact buys (albeit marked as sells)

Although reporting someone because you don’t like what they say is rather childish
That’s what the filter button is for, not reporting as everyone would be reported every day accross every board
It’s a discussion board ;)

Red enlighten me as to what we will be raising for after the £2.8mil in the bank, WN well tests paid for already up front. Wrestle and Bisc quick production with costs already mostly sunk bringing on free cash £2mil a year.
Overheard under £1mil a year to run the company
UJO won’t be drilling another well on WN imo. It will be sold and if they do, we have cash

UKOG however shares and loans like confetti for a few hundred bopd

Oh the predictability of some on here for their own means and gains

Anyone would think UJO only has WN lol

Transparent

Whether your UKOG or UJO, who cares. All I care about is what stock I’m invested in. Simple. Couldn’t give a t055 on others

lul before the storm

1) We don't want another Bloe - state they flow 1000bopd then say actually its 300bopd and share price crashes. Accuracy is key and I for one am happy to wait

2) IMO it doesn't take 2 weeks to work out its not flowing/commercial, you would know this within days of mud clearing

3) Interims - key word by Clive on A8 "production flow rates" PRODUCTION

4) Should be perffing other deeps this week

5) Cornerstone investor family heavily invested with skin in the game

6) Own your own rig, massive upside next year on low hanging fruit to bring the company cash positive

News rich period. Just need ONE of those deeps to flow and you can forget this price.

If A8 comes in, the next 3 deeps are a bonus given its been derisked with A8 plus shallows

As ever DYOR, but very exciting time, short, medium and long term

Broker note 80p from memory on upside with successful results and 35p at current position

Problem is you have a rise then it’s sold into and dropped 1-2p. Rinse and repeat each time

Q4 positive results should see a significant Re rate

Key word is “ presumes”

Why presume they should know imo!

They may not sell down to zero, it makes little sense either to do so given the share price and what would continue to happen.
They will probably want to be around 5-7% ultimately imo

So why will it do 2p? On what basis? What fundementals ? What financials?
Come on let’s debate trader (them again the name “trader” says it all) ;)

Trader. Why am I wrong?

You can’t answer my question so I suggest you remove yourself from your high horse as it’s clear you have no facts on the company

I am wrong yet you can’t say why lol

Heard it all now. Every ramp going is coming out
Share price falling and it’s
Tress Shake
MM collecting

Lol

Some will be getting impaled on this today

Debt and loss making are not a concern

Haha. Jesus. That’s why people lose money

Am I wrong? No.
Who is the joker? Because you hide the facts?
Happy to debate but clearly you can’t
Tell me, has the company got money? No.
Is it in cash saving? Yes
Debt? Yes
Raise likely to stay afloat? Yes

Pumped following by dilution .

As I say happy to debate but too many more interested with one liner factless ramps than disuss facts