Member Info for Ssccss

The sand jetting operation is expected to take 10 - 14 days, including the time required to re-install the rod pump and recommence production. Once the well is fully clean, which is anticipated to take several weeks, it is expected that the rod pump will be replaced with an Electrical Submersible Pump ("ESP") to maximise production - this is currently scheduled to take place in April 2024.

Is news expected next month?

I wonder why they are always short lived... Now that's a question for LTH's to ponder.

Why are you predicting a big bounce? What would trigger that? As far as I can see, there will be a slow decline until there is some solid good news. We all know hype and AIM go hand in hand. Some solid numbers are what is needed now to trigger a re-rate. Will have to wait a while for those though.

Next week is new tax year too so more money might be flowing.

It has definitely been much more difficult to buy yesterday and today as compared to usually... Usually very easy to buy £5k. Something does seem to be happening. Leaks are not uncommon.

I disagree, hemo sp usually does respond positively to any positive news. Question is when will be the next positive RNS...

Mr I, you really can't make up your mind from one day to the next. Being invested in hemo sounds utterly painful for you.

I agree. I picked some up this week too.

Interesting tick up. You never know. Maybe it will come sooner than we think.

I really hope it is faster too Gordon but I'm trying to be realistic and if it comes earlier, it will be a pleasant surprise. I wonder how much of an impact it will have on the sp because it cannot be priced in at this level.

Bridgedog has hit the nail on the head. AIM is very repetitive in how it operates.

Agree there is absolutely no patience on AIM. There are many other issues with AIM such as companies hyping any news, burning through cash and relentless cheap raises at expense of LTH. Generally doesn't pay to be a LTH on AIM and yet it is worn as a badge of pride by many. Just the way it goes.

So it will probably be August/September lol

I'm hoping for 4 months maximum, which takes us to June...

If the revised modeling is good and the market isn't expecting better. Still a lot of risk involved here with considerable downside possible. I appreciate we all accept different levels of risk. Personal decision.

It would need a catalyst to move it up significantly. The issue is there will have to be be another raise at some point and no significant news is expected before that point so...the raise will most likely have to happen at a discount somewhere around the current sp. Why invest now before the raise, when the sp will be lower after the raise and before significant news.

Hopeful that will change now though once GOI approved and work commences.

This is certainly one of the dullest shares I have ever been in. Only sees action a handful of times a year, if that lol.

Don't know if it's just me having problems but it feels like a large order is being filled in the background while trying to keep sp down.