Member Info for TheMadStork

Lot of bitter long termers here, and to be fair it has been shocking long term. However, a med term swing trade on the upcoming drill looks like an excellent play to me from these levels. Just make sure to be out before the result!

No prob. You never go broke taking a profit. My target remains �3+ over next couple of months. Also think CHAR is a good bet from this level.

No prob. You never go broke taking a profit. My target remains �3+ over next couple of months. Also think CHAR is a good bet from this level.

Oil price was a huge factor in all those delays. I am confident they will drill this year if only because of the current oil bull market.

Placing churn plus quite a few stale bulls. Been a lot of frustration here. However, there is almost certain to be a nice run up to Biscanthorpe spud, and nothing else (including Wressle) is priced in, so any further good news should see a good reaction. I am expecting .2 area next couple of months.

This is my largest holding. I'm expecting it to keep rising in to the drill. Won't be a straight line but there's a big catalyst here

That was me buying from an internal seller at my broker.

Once whoever is dumping has finished - and I am expecting a TR1 soon - it will correct and then rise gradually into the drill.

Been loading up here. There is practically no risk from this level given strong chart support, rig booked, a large partner, rising oil price and large potential upside. Sooner or later it will have to start to move.

"Market is usually right". Have to disagree with that one. AIM prices things wildly incorrectly all the time and taking advantage of that mispricing is where one can make big money. That said, I am not a buyer here until there is clarity on the rig, license and funding.

Was tipped in the Mail on Sunday. Broker warrants being offloaded into the volume; good to get them out of the way now prior to seismic/Total option exercise.

Broker to broker transactions show as one trade. And I ordered �35k worth of shares in the placing, which worked out at 11,666,666 shares at .3. It may be that someone else also ordered �35k worth but I have no idea what the other placees ordered.

No, the 11.66m yesterday was not me but I suspect it was someone else transferring to ISA. And yes I took them in the .3 placing.

The 11.66m trade was my transfer to ISA, not a sell.

Hargreaves Lansdown

That 'sell' was my transfer to ISA

Fidelity are selling their shares; all the buys are filling their sell order which is why the price isn't moving. Once they are gone we should see a good run here.

I stand corrected. Still, 2 weeks shutdown will not have a material impact.

Doesn't affect Erskine as that goes out via CATS.

It is actually 1.8 to buy in size