Member Info for wiltshireman

I am beginning to get p**d off with the lack of communication. All very well talking up SOLO with wonderful things to come but its about time someone levelled with the PIs We seem to be fodder. Hot air from Africa can generate heavy rain and storms across the Med and that just about sums up their choice of name. Talk to us. Is there really any compulsion to resume trading? Oh but negotiations are at a very delicate stage and we can't say anything , that's not good enough.

guess it's a spike and there will be a fall but judging by the share charts (I'm not really a chart waller) there should be a good recovery. Based on facts and China health scare should soon recover

Because its AIM penny dreadfuls and that always happens after a spike especially once the locusts swarm in. Autotrading is such a feature generally that its almost inevitable. I have only ever experienced spikes that turned into a bull run after a few drops and made a fortune in one day buying and selling (by hand as it were) and I've always been disappointed trying to repeat the challenge since.

It'll drop just like last time and the time before but you will kick yourselves if you make a hasty exit because it is always difficult for the PIs to get back in again and make much. Not really worth all the worrying about getting in out or sitting it out

Locusts have flown time to buy

Share price leak, nope its just AIM . Read what you like into spikes and dips usually no rhyme nor reason apart from Zak bigging it up on his Share Heroes of the week. Its the lemming tendency but they tend to take profit and move on to something else. Let's hope they stick around on this occasion perhaps make it last till the end of the week but I doubt it.

to get the punters excited even if I long ago lost faith in this stuff. Hope it works this time Zak talking about 0.88

https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-13th-january-2020/

Yeah Owlo there is that as well. I really can never get my head round WHY mid price is taken to establish buys and sells calculated purely on the trading price and nothing else. Seems a bit antiquated way of calculating buys and sells when based that way I would have thought in this day and age whether transaction is a buy or sale could be recorded instantly. Then of course no one really knows how much the brokers have on tap to sell. It really is all a black art disguised under a veneer of mumbo jumbo.

Yes its sentiment alright coupled with the fact that Greatland are doing OK with their discoveries. Probably an element of thin trading as well. Perhaps Trumpies buying a few on the side before he announces his next adventure. Trades never really present the full picture anyway, dark pools and many other aspects that PI's never get to see the full picture.

Millions for months and months, shurely some mistake?

MTR has promised much from the early days but delivered comparatively little for most shareholders.
That's the name of the AIM. That's why they go there, to raise money for projects and if they promise more than they deliver (bear in mind these are long term projects) sentiment drops and SP drops. That's the whole purpose of AIM to raise money easily for the minnows. I don't know what the success rate of AIM companies are but its pretty low and many go belly up. Hopefully this isn't one of them.

Just remember this is AIM, smoke and mirrors nothing else

whatever happened to plain English? I hope the operations aren't as convoluted as these two RNS

Choice of words, perhaps Trump card might be appropriate.

all this seems a bit fishy, can't believe in such an 'oversight' but why, what advantage is to be gained by such and oversight? Like everything else despite all these rules and regulations transparency is as far off as ever when it comes to company BOD affairs.

perhaps and look where that went.

and drill results like these so far what's not to like? That's AIM for you.

following outstanding results but then that is the way of AIM. Profit taking can't be all of it. Funny old world.

The drilling rigs can cope in all weather - that old chestnut used to reassure the operators and clients.
Especially if the rig goes adrift in a category 4+ hurricane, even more so if the power fails. By then of course all the crew would have long since been evacuated to safety. Remember we're talking about floating drilling rigs not production platforms which are usually fixed to the sea bed.

In 2005, the one-two punch of Hurricanes Katrina and Rita destroyed 115 platforms and damaged 52 others. Offshore oil and gas production in the Gulf shut down for weeks. “The overall damage caused by Hurricanes Katrina and Rita has shown them to be the greatest natural disasters to oil and gas development in the history of the Gulf of Mexico,” a government official said some months later.



In 2005, the one-two punch of Hurricanes Katrina and Rita destroyed 115 platforms and damaged 52 others. Offshore oil and gas production in the Gulf shut down for weeks. “The overall damage caused by Hurricanes Katrina and Rita has shown them to be the greatest natural disasters to oil and gas development in the history of the Gulf of Mexico,” a government official said some months later.

Hurricanes for drill rigs not a problem?
Ships can move out of the way of hurricanes by routing services ahead of the predicted paths. Floating drilling rigs cannot because of the time factor involved plus the fact they have to go under tow . If they were on anchors it would take 12-24hrs to get the anchors up for starters. On DP system they can ' move out the way' but not very quickly. They would be lucky to make1kt in any deteriorating wind and sea and usually end up going backwards in open water. Towlines break in severe conditions and more often than not they would leave a few crew on board and evacuate all non-essential personnel. Even self propelled floating drill rigs are lucky to make a few knots in calm conditions. They would very DEFINITELY not be allowed to be out there in the hurricane season. End of story