Member Info for Tdaves

I hope so. It's been quiet for a while now. At this price I do think it's a low risk, but we'll see. Hopefully soon.

I am a bit disappointed as I was waiting for a different set of news but will just have to wait a bit longer. I see there are some drama queens here spouting random nonsense about 0.25 raise next time and even bankruptcy... Also calling 12% a crash. Probably you're one of those people writing those articles "today the share price of xx skyrocketed 9%". Fair enough to try and get in cheaper but make it sound more realistic.

Well if you check the rns's - they are quite frequent, like every other month at least. Obviously that doesn't mean we are gonna get one soon, just saying that geni updates quite often. I have done my last top up yesterday, so it's just a waiting game for me. I think that takeover with approval is likely, but even without takeover if they get approval it's happy days.

Yes, those are most likely sells from yesterday, especially given the rns today. It makes sense now why we are not around 2p yet. I hope they have finished reducing and we can move on.

True, the environment for their technology now is very good. We'll have to wait and see if this results in any new contracts. Do you know anything about their older contracts? Were they one off contracts or renewable?

Why do you think he said we won't need placing for the rig? Why not say we won't need extra money anytime soon. I have not changed my opinion. They are running low on money.

I believe rock will do well in the long term, but I'm not buying more at the moment as I strongly believe there's a placing coming (probably this month). My reasoning: the last placing was done 5 months after the previous one. Now, 4 months have passed and things are going slower than expected. They also planning to buy a rig. They definitely gonna need money, and probably very soon. Who knows they might announce something good before that, as CEO usually times placings quite well (after the increase in SP unlike most CEOs), but I'm positive that a placing is coming soon. If you think differently I'm happy to hear your thoughts.

Haven't you watched that latest PG video. He clearly states all the benefits in oil price increase and he was being modest.

Does not look like those bears are doing well ...

Managed to get 223k at 3.2p. showing as a sell though.

Some people are definitely chasing oilies. We just need a bit of patience. We just had a placing and usually it takes a few weeks to start recovery. I believe this should do very well in the near term, but time will tell.

My thoughts exactly, but from what I've just read - Trump says the war in Iran is pretty much over.

What's your logic behind this guess, Sandyman? It's like saying those who participated in the recent fundraise and additional subscription were throwing their money away.

It's all good, but buying new rig will Def require extra funds. I assume placing is coming and very soon. After that happy days, hopefully.

Things are a bit odd here. This sentence " to unlock Greenfield's considerable potential including, subject to additional funding being procured, potential drilling on AC Oil LLC's leased acreage " kind of states that more funding will be needed. That would explain the reaction of SP. How come they were able to do this placing at such a premium, then? Even if investors were promised a good return, makes no sense to pay premium not to mention at 0.1. Either it's gonna explode very soon or it's a big fat rat.

They would have to find gold for the SP to hit 2p. As per last drilling rns it seems there is such a possibility, but I wouldn't bet my house on it😆

Probably it will take time for share to recover. Though I had this feeling that it won't be good, because share was falling daily since september

Does anyone know for how many holes do they have money?

In the worst case, even if they have to raise say 1M, it's a small amount.

My apologies, there are few more smaller sells.