Member Info for spike912

Mike go back to ramping matd
Your agenda is clear

Seller still there yet again with the 5000 chunks. Been like it for over a week now every day

So we are expecting an RNS with red deer spud? Can’t see an actual date given in last ops update?
August could be very interesting!

I’ve been saying for a while someone is reducing. Just my gut feeling. For quite a while now, 5,000 sells every day keep going through, probably close to £20-30k a day consistently.
Yes a few buys too but that to me feels more like PIs buying on dips

As I say, just a feeling based on round numbers, consistently each day for a week or two as if someone is trying not to crash the price whilst reducing

Have a good weekend all, can’t go wrong at these prices imo. Sit on your hands and wait imo

68p de risked...thank you very much if that comes in September
Major re rate if successful

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SXX/14156604.html

To the un educated...ie me ;) good news?

Out

Without sounding naive I can’t see how we can acquire another without funds, plus, I can’t see it adding value for a number of months/years until sales revenue is in hand. This is looking bottom draw long term hold

Can’t see how the acquisition will lift the SP short term, that said they will probably close it fairly quickly given need to since last client completes their contract end of September so I fully expect a deal prior to this imo

Still people going on about the planning meeting. There will be no update, it wasn’t that type of meeting. But what do I know ;-) ;-)
Move on, and wait until November

Happy to have bought at 9p, 40 days is nothing, given if they find what they think, you can take 50% plus rise on 9p. Won’t be getting that in a bank.

I always remember one thing someone posted once...

If you pull your money, consolidate a loss, you’ve got to ask yourself is there a better stock out there than the one your in.

So, is there a better stock out there than can give you a better return in 40 days (sooner as the RNS states oil shows will be declared sooner if seen).

I think not. Depressing buying at 9p but happy to see it out. I’m in Ujo, ukog, bloe and matd. Only need one to come in for a big pay day

But this is exploration and aim so who knows!

As I said earlier, I’m expecting this back flat end of the day.

More than happy holding £6k at these levels now. More than happy :)

If SLN can tie up a big partner deal, and they don’t even have a phase 1 and are years away from anything, think what Faron can do with what we have at this stage. Mind boggles! Read SLN RNS which gave me a good flavour of what we can expect here and how these partner deals seem structured

I listened to their conference call too, and what got me was the level of support and resource a partner offers.

SLN are probably 2-3 years away from any commercial output (minimum), Faron could be a year.

Problem is news is unlikely until the phase 3 trial read outs which is probably end of the year, maybe November given trial runs 3 months from mid June

Looks like it’s just simply in a steady trading range which isn’t a bad thing

PH needs to get these out next week imo
He needs to stabilise the SP. yes Milton selling isn’t helping, which doesn’t take away from the facts of the company

Maybe PH is waiting until they have sold in order to maximise a recovery rather than Milton selling into the rise? Possible?

To be honest I’m not sure what triggered it.
Sounds like stop losses triggered, quick increase in volume 10% plus drop very quickly
I was hoping to come back next week at £1.17 ish but had to now add £6k from my cash isa to buy these back at that price

It’s a buy.

I know as it was mine!

Dnat let’s hope so :)

Sadly I sold out at £1.20 as traded into SLN, made a few hundred but never expected to come back to today’s drop so bought back what I sold at £1.07, £600 cheaper :)
Was always coming back in on a slight drop but never though i would get this price!

My average was £1.36, so made my loss back on the trade taking my average down a treat

Big shake! Will still end up flat today imo

It’s too far off to warrant the mcap imo. This is the reason
People trading in and out

Selfish. Are you really hearing this? From who. Stop making things up its the easiest way to lose credibility buddy