Member Info for Urraca

3.5p stretchum. By the end of the week. Unless there's news of course.

Might just be a quick service, or best place to load the necessary drill equipment. I imagine all concerned will be keen to start drilling Ragnfrid as quickly as possible, gven its location, and the time of year.

Jarv, I have not spoken to Danny myself, I heard about his targets second hand. They seem a bit more measured than RickShares targets on twitter. Euclid, I completely agree, of course COOs are going to talk up their companies. I've yet to hear one opine that the sp is overcooked. And I have no expectation that the targets can be met here before contracts are announced, and we have demonstrable proof that this is a viable business model. However, once it is, a £30m market cap doesn't need a vast quantity of contracts to underpin it. And some institution clearly think it's worth buying 15% of the company right now, even before a contract is announced. Nothing is risk free, but the risk/reward balance here looks good to me, and I hold a decent chunk of shares here.

I agree with a lot of what you say Telegraphist. But I have been invested in SDX for a year and a half now, and only breaking even really. I must admit I have sold down my holding here substantially over the last few months. I still believe this will come good, but the reality is, there was sustained selling last summer, and there has been again this summer. And I can make better returns elsewhere. I have already made vastly more than i have in SDX, on a much smaller stake, in a much shorter timeframe. I fully intend to return in weght to SDX, but maybe not until next spring, although I will continue to watch closely, as I still have a holding here.

Good luck all. I would be overjoyed if this started rerating heavily on Monday. It's well overdue.

Me neither. There is a twitter rumour that ALGW were approached this week by, presumably an institution, offering to give them £1m in return for a placing of new shares at 2.2p. They were politely shown the door. The company does not need to raise cash, and does not want dilutive placings.

As the price goes up, people reach their targets, and sell or derisk. But that's about it for where liquidity is coming from to free up shares for people to buy. And it looks like some institutions are already trying to build stakes here, the 15% holder having got in early.

A contract announced, regardless of size, will prove the model can work, provide immediate revenue, and pave the way for further contracts. That will be a massive catalyst. As well, Danny Swick has indicated he wants to buy shares in the company as soon as he can. Currently closed for him. A further catalyst, and he has a traget share price of around 30p in short order.

So, if a contract lands, there's ten bagger potential here.

Hoping for 3p+ next week, before contracts start landing

New closing high, and we're 3rd on the top riser board, for the weekend hopefully

We should be back on the top risers board shortly, when the price catches up with the 15 min delay. Good exposure, we've been on it repeatedly over the last few weeks.

Welcome indebt. Hopefully we'll all see the share price at multiples of today soon, when the contracts start to land.

The single share trades are bizarre. They do pop up often, but I've never seen a run of them like we've had here over the last three days. 2,3, now 4. Someone building a mighty position?

Seems relatively low for a firm partnering with the huge Equinor on a good prven field that might turn out to be massive

Very interesting sonofbull, lol. Dickupham actually gets a mention?

On a different tack, it's not impossible that JOG's teaser tweet, was it over the weekend, is a harbinger of a Serica type deal that will give us amazing value here before Verbier. Not yet though, please BOD, I'm still buying.

I've seen the rumour on twitter. No idea if its true, it seems almost too good to be. But for the sort of investment market ALGW are targetting, it's not huge. It would blow the doors off here if that was announced. Fingers crossed.

The seller seems to have a bottomless supply to keep remoreselessly selling large quantities day in day out. Really annoying.

Every rise gets sold into, the shares sold get snaffled up, then it rises again. It's always tempting to bank a profot, and nthing wrong with that, but 'run winners, cut losers' is a very good adage to try and maximise returns.

Will we go through 3p today?

Rangfrid next it is then

Naughty Phiggy

Very amusing that this major holding is also exactly the same number of shares as thw whopping trade reported last Wednesday - and reported then as a sell, lol.

It's a big position. Sigma act on behalf of big financial institutions, so the real owner remains hidden. But it's a big vote of confidence, and a large chunk of the free float off the market.

If the West Phoneix heads off to Rangfrid next then its highly unlikely that Verbier will be drilled before Feb/March next year. And the price will drop on the delay. If it heads to Pip/Bigfoot instead, the Verbier drill will be only a few months away, and the orice will probably head back to £2 fairly swiftly. We'll know soonish which way the WP is heading.

We already knew this.