Member Info for Urraca

One day we're going to catch up with TSX. Rather than them sinking down to our level, I hope.

Sorry Zan, on this occasion I was referring to Zak Mir, charting genius. Someone posted a link to a recent podcast of his covering SDX. He said it could go to the 90s. Mind you, he also said if it broke down below 50, the bullish trend would be called into doubt. Lol, he's got no credibility, but if he's tipping us to the 90s, what the hell.

Close at 71. At last we break above 70p and hold it into close. Bout fecking time. Still, it's very welcome. I think Bonker's chart showed 71 as a key point, then 74, then on up to Zak's 90ish. Canada still holding ahead. $C1.32, which is 76.5p

Yes, Ibn Yunis had the lowest cos for the 4 SD drills. Kelvin isn't an appraisal, but I think PW has said that the success at SD1X last year derisked it. And SDX tech guys seem to be very good at interpreting seismic and choosing where to drill. Rabul 4 is probaboy being drilled right now. They don't announce spudding in Rabul for some unexplained eason. I think PW said they have all the 5 rigs working rght niw, so we should be due some flow rate news too. In time for AGM I hope.

Prosecco, 42trader? What that? Think you mean a can of Carling with 3 sugars added.

Looks like it. Unless those trades at 69.90 are actually sells. Who knows? The bloodbath at SQZ is painful to watch. I wonder if people are switching out of there and into SDX. We're much the safer haven at the mo.

Indeed. C$1.31, or over 75p. They led the way last Friday.

C$1.29 on TSX now. Over 74p.

Ok, a little rampy, I'd lost sight of how much our mk cap has increased recently. But if we are generating $4m a month on prodn of 3500boepd, then raise that to 8000, fingers crossed add in another 10% rise in oil prices, and we're up to around $10m a month. I appreciate that that's around �90m a year, but on a p/e ratio, that's pretty absurd.

So by y/e we're hoping for an annual profit around the current market cap. As PW and Malcy keep saying, plenty more running room. I was hoping that if all went well we'd be pushing towards �1.50 sp. i'm prepared to wait. This is completely different from most Aim O&G rainbow chasers companies.

It'll be capitulation if they produce any more bad news. Having traded this a bit over the last month, I sold most last Friday and exited completely yesterday. Good luck to those with the stones to hold. If they drop good news, then a very decent rerate should be on the cards.

I agree too Daft. I'd been a little concerned a raise mght be on the way, as I thought PW had been pretty bullish about making another acquisition recently. Putting that one to bed increases certainty here. I'm sitting tight. First wuarter results should make pleasing reading.

Looking at the oil prce, I think yes we can furey

Around half the buys were me, and, yes, I believe news is coming. No idea when though. I'm prepared to wait.

Solid buying, and it didn't pull back. Let's see what happens tomorrow.

To be honest PW was pretty bullish about an acquisition in the last interview, and I guess most if our cash will go into further drilling, infrastructure, etc, to continue our rapid organic growth. Certainly can't rule it out. I just hope he waits until we have rerated up to around 90-�1 area, which looks to be not far off our NAV now. And if it's as good as the Circle deal, bring it on. Growing as fast as possible is the game.

Shakey has been uncannily accurate in predicting the gaps in the past. But this is now heading in the right direction and rerating. I've waited too long to risk missing out for quick marginal trades. ATB.

If this doesn't catch people's interest, on top of the latest success, I don't know what will. This one could indicate multi TCF.

Whaddaya mean ' a real chance of hitting 70p tomorrow' Northern? It's over 75p on TSX. We're going to blast through 70p tomorrow. Once and for all! In my opinion, of course.

It's at c$1.26 now. 72.5p. Interesting to see where it ends the day.