Mike Ralston, CEO of Blencowe Resources, explains the significance of the MSP for Orom-Cross. Watch the interview here.
Best guess trying to be helpful with trends and volume ratio's etc , FAIL miserably on most shares daily, hence the often read cry by the unresearched, we have 6 , 8 , 10 times the buys to sells (or vicky verka) and have not moved, as in reality the trading is pretty even. Just Dimbo Algo having a Dark Destroyer, really bad guessing day at the office. ππ€¦ββοΈ
Perfectly normal, the worlds markets DO NOT LABEL, any colour code or label you see , is a 3rd party site like this one giving a BEST GUESS , using a pretty sub IQ Algorithm, all the confusion sites like this one , not the market.
Algo , based on what IT sees as current mid price and range, all above mid BUY (Never the case) all below SELL (Ditto) everything exactly on its Mid , delayed trades (not black trades or mm hocus pocus) and anything IT now sees outside of its range, CHOKES = UNKNOWN
Its as simple and tragic as that, all trades here rehash of Exchange trade , all after volume BEST GUESS.
https://www.londonstockexchange.com/stock/TRP/tower-resources-plc/company-page
Tower TRADES on the real Exchange, scroll down, markets view every TRADE as both a buy and sell, so label NOTHING.
We have a huge license in the Walvis , Super Majors , Majors , come and get it
FOR A PRICE ππ²π€π€π€π€π€π€π€π€π€π€π€π€π€π€
https://www.upstreamonline.com/exploration/chevron-fires-opening-salvo-in-battle-over-new-namibia-exploration-play/2-1-1635016
https://www.energyintel.com/0000018f-2a4b-d846-afef-ef7ba4b30000
The story well spread and we have a huge license in the WALVIS, Super Majors , Majors etc come and get it.
FOR A PRICEππ²π€π€π€π€π€π€π€π€π€π€π€
https://www.upstreamonline.com/exploration/chevron-fires-opening-salvo-in-battle-over-new-namibia-exploration-play/2-1-1635016
https://www.energyintel.com/0000018f-2a4b-d846-afef-ef7ba4b30000
Most are provisionally booked for a non refundable deposit, you confirm finance in time and keep the slot, or its moved on to other interested parties that can pay, once contract firm , you have to pay the daily rate for the duration , unless fault with the rig/service provider themselves. Only the big boys with ultra deep pockets make long deals from the outset, aka giz a rig or two for 30-40 wells back to back FFD etc. They can afford it, JA at the thin end of the scale.
Promised finance soon and drilling next year for 4 years, has to deliver this time, short extension to license, either expecting the upgrade to license required (drilled and moving production) or Cameroon run out of patience with JA and will not extend again, that's the risk this time.
Said fast tracking expired license extension , took their sweet time over it, can only presume again, that was delayed while JA gave them some assurances, like he had the slot and this time its game on, subject to that 4 year finance chestnut. Just as well Namibia waking up. π
Provisionally booked subject to a firm proposal aka we can finance it, going to the wire, Baron have a provisional slot booked for December 20th between ENI and INPEX drilling, their ceo only recently stated , looking to complete finance in Q2 (now to June) said has multiple interesting offers already.
Chevron has fired the first shot in what is set to be an upcoming battle between supermajors to secure access to promising oil and gas acreage in Namibia's next big offshore exploration play β the Walvis basin.
https://www.upstreamonline.com/exploration/chevron-fires-opening-salvo-in-battle-over-new-namibia-exploration-play/2-1-1635016
Chevron has fired the first shot in what is set to be an upcoming battle between supermajors to secure access to promising oil and gas acreage in Namibia's next big offshore exploration play β the Walvis basin.
https://www.upstreamonline.com/exploration/chevron-fires-opening-salvo-in-battle-over-new-namibia-exploration-play/2-1-1635016
Enthusiasm for oil exploration off Namibiaβs coast stems from the idea that the southern African country once slotted together like a jigsaw piece with Brazil. Therefore, goes the theory, Namibiaβs offshore basins are likely to be similar to two Brazilian basins β Santos and Campos β which have proved enormously rich in resources.
Licensees are equally motivated to sell parts of their licences. The licence holders are typically small companies with limited finance capabilities and/or technical capacity. Most are in the early stages of exploration and need cash to carry out seismic surveys.
Sounds familiar π
Enthusiasm for oil exploration off Namibiaβs coast stems from the idea that the southern African country once slotted together like a jigsaw piece with Brazil. Therefore, goes the theory, Namibiaβs offshore basins are likely to be similar to two Brazilian basins β Santos and Campos β which have proved enormously rich in resources.
Licensees are equally motivated to sell parts of their licences. The licence holders are typically small companies with limited finance capabilities and/or technical capacity. Most are in the early stages of exploration and need cash to carry out seismic surveys.
Sounds familiar π
Scroll down for trades, the real exchange rounds up/down, all else around that trade 0.085 you usually pay a premium the more you want, not a discount, so deffo a sellπ
https://www.londonstockexchange.com/stock/CPX/cap-xx-limited/company-page
No such thing as black trades or mm hocus pocus, just 3rd party sites like this one , using a dimbo Algo to best guess every trade, it chokes on anything exactly on mid, delayed trades or seen outside of ITS range UNKNOWN everything else based on its Algo's mid price , above buy , below sell , never the case in either. π
Scroll down, GBP trades on the exchange , before all the 3rd party sites label or colour code them, with a GUESS
https://www.londonstockexchange.com/stock/GBP/global-petroleum-limited/company-page
Likewise makes stats on these sites as much use as a chocolate tea pot, never anything to do with the market/mm's just poor old Dimbo , having a bad guessing day at the office.
Stuck with it, the Market long ago offered the modern, simple, tech fix for real data at source, declined, as said they see all TRADES as both a buy and sell, so chose TRADITION over tech.
eg you the buyer via dma/broker from seller broker/floor mm etc.
Best guide little movement/flat trading pretty even, big rise buyers on top, forcing the bid up to fill orders, large fall the sellers need to fcuk off ππ
Distorted stats, the main reason many an unresearched poster on various boards daily, cry we have six times the buys to sells and not/barely moved, as in reality , trading is pretty even, Dimbo Algo having a really bad guesswork day. ππ€¦ββοΈ
Probably , every label you see is a BEST GUESS not a fact, worlds markets print TRADES only , they see as both a buy and sell , so label NOTHING.
3rd party sites like this one and others use the same Dimbo Algo , trying to be helpful and failing miserably on most shares daily, all based on what dimbo sees as current range and mid price (does not always keep up with quick movements) all after the volume you see here , is a rehash with a BEST GUESS tagged on to the real exchange print.
All above mid BUY (Never the case) all below SELL (Ditto) the rest Dimbo Algo chokes on, exactly on its mid , delayed trades (not mm hocus pocus or black trades) or anything it now sees outside of ITS range = UNKNOWN
That popular button we all press dailyπ
True high is always MC , never sp, unless no shares are ever issued. π
After the dilution , the 52 wk high is now only around 0.75pps, it also has to be diluted by a factor of the placing, get past that and who knows but lets crack that little nugget first. ππ€¦ββοΈ
Barclays 0.13p ask for any, higher for volumes, blue bouncy, bouncy ?ππ
https://media3.giphy.com/media/6glYLqOQ3dlok/200w.gif?cid=6c09b9526g4srcbaunadwrkxn7lb9cjwn7jwcobwz5kelbul&ep=v1_gifs_search&rid=200w.gif&ct=g
From Benar news (Indonesian) yesterday.
βOur children are the most poorly nourished in the region,β the Timor-Leste Institute for Development Monitoring and Analysis, also known as Laβo Hamutuk, said in its report. βMany undernourished and undereducated children will not become productive workers or optimal parents.β Timor-Leste, which depends heavily on its offshore oil and gas reserves, exhibits the classic signs of the βresource curse,β the report noted. The phrase refers to a phenomenon where countries rich in natural resources often struggle with unsustainable economies and distorted development. This includes the neglect of other sectors, unrealistic expectations of future income, and excessive borrowing, the NGO said.
Time for the demon duo, to deliver on two decades of promises to its people, starting with stable heating and electric for all Timorese ASAP , Sunrise still in the distance (tenders 2030/31) Chuditch drill this year, it can provide that "when a local gas/lng supply becomes available" in the Gov report on the development and transition of the Timor Grid to gas/lng power stations ASAP.
Northern project Metinaro P.I.T petroleum imports terminal , including Gas/LNG and 90-120 days strategic supply, tailor made for local supply Chuditch to fill, project target all complete by 2025/26 (long before sunrise)
FID for Metinaro now well overdue, Feb 2023 FID by end of year or IN Q1 2024 Latest (both expired) , was the recent team visit to China, to secure funding for the project, via the MOU in place between Timor Leste Ministry of Strategic Planning and Infrastructure and the Ministry of Chinese Overseas Development, signed in Cabinet 3 days before Gusmao state visit to see Xi Jinping.
Outcome of that meeting Xi , the BRI will now become active in TL , strange words, since BRI have been building on TL for 20 years, can only mean , bigger projects funding, the team visit two weeks ago , ended with another Chinese statement, we are raising TL from BRI level 1 , to BRI level 2 and will now become active in TL Infrastructure CONSTRUCTION. π€π
TL need gas to grid infrastructure, we have gas (early 2025 results- shell ch2 cos 100%) Chinese BRI can build very quickly and bring it all home.... π€π€π€π€π€π€π€π€π€π€π€π€π€π€π€
π¦π¦π¦π¦π¦π¦π¦π¦π¦
China under BRI level 1 , built the TL national Grid, only fitting , they now complete the conversion process. ππ
As Steve McGarrett said , book him Jarvo
Rampton Hospital (nhs notts) say they have a nice comfortable cell/// room waiting for him. ππ
Stick with the words of AB and my old mate Ned
Ignore everyone, including me, set your own targets and if you achieve your targets, you can not be disappointed, no matter what happens next .....................(flys again or falls)
warreN EDward buffett
Berkeley Hathaway, sage of Omaha and greatest market player of all time. π
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