If demand here is as high as I expect today we should see a huge increase from this level. My only concern here is the shares being flipped from the warrants / placing holding it back. JORC imminent and mets to follow shortly after, we maybe in for a great early Xmas present, but this is AIM! The timing of the placing really was bad IMO
RE: Better get your positions Indicated on its way17 Oct 2019 07:39
If the seller would just take a day off this would rise 100% in no time. Results looking now should be Monday. Load up for the news if you have the cash available which I don't right now. All in as they say, but I am slightly concerned that on news this still won't re-rate accordingly due to the massive amount to be dumped still. Time will tell.
Gizzard, thanks to you for replying to my comment made AM. You and i have L2 so can see what is being manipulated. This is only the start of the re rate and i and many other LTHs would like to see this re rate imminently but just let's sit back for now. We will have our time very soon IMO
L2 looking stronger , anyone able to put a large dummy buy order in to see what is offered? I no funds!!! 0.037 3,000,000 CFEP 10:49 0.038 3,000,000 WINS 10:48 0.039 3,000,000 STFL 10:12 0.04 3,000,000 SCAP 11:47 0.042 3,000,000 PEEL 11:46
I have been looking at L2 a while this morning and conclude that there must be a large late reported sell to come through otherwise this would have continued to rise. IMO it is artifically being held back
At close of business yesterday Mcap £15M, after reading the RNS this morning it will be worth watching there to see what happens today as they have announced a valuation on the mine of c$400m.
Recently ALTN was only 0.33p per share when up popped ResearchAnalyst1 suggesting that it was seriously undervalued!!!!!!!!! Make of that what you want but on his post it subsequently rocketed to 0.8 before retracing to 0.6 ish. Today could be a lesson for us all, and I will certainly be watching closely
is what many are failing to see here IMO. YES, mistakes have been made and only a fool doesn't learn from them, so W38 lessons have been learnt. NO two wells are the same but the geology is, so the valuable lessons learnt from W16az will be applied here. Add in the gas in the near future and this is a company with a great future.
I know a few here will be sceptical because they got burnt with FRR, but BLOE is not FRR. The smart investor now is buying, not selling. Current Mcap £18m with £12m ish in the bank and producing more oil per day than the break even point is crazy.
I just wish I had a spare £1.5m like Alistair Ferguson. IMO sub 10p will be a thing of the past soon with W38 and gas contracts etc. I tuly believe that by easter next year this will be around £100m mcap company with free cash rolling in monthly and well costs recovered in 2 to 3 months each. Long term, "IF" all goes as planned I can envisage a Mcap of around £400m or £1 per share. Time will tell, but I am happy to add at these very silly prices.
Shedulike post 14:38. Spot on I think and that could possibly mean news next week, reference JORC. Well done contacting the FCA, but let us not hold our breath. I am busy with work now so only check in here a couple of times a day, but am happy to see BUYRED as dissapeared after his unprovoked attack on one of our few excellent informative posters, "Oiltap". GLA.