Member Info for woodfromthetrees

Early trading halt never a good sign.

huge buying over the pond last night, up 13% to 5.2c or 3.2p.

Im normally a bear and as such open short positions in stocks but this is one company I have come across where I have opened a long position.A good overview here:

https://t.co/m242XxMirq

One that there is very clear upside from this low market cap.Well done holders

Today is only condtional funds for the works following the drill.They still need funds for the actual drill.Wake up in another 18months following the next palcing.

yep brokers doing the rounds.Take note of who is ramping this.Always the same faces on each spike.Bladderman, Boom123,Mr Calm etc.

on Monday then

These three new drills will cost another £5m to drill.Put this on to other commitments and theyll be raising again pre drill.This company is going to be £40m mcap at 0.7p before they even spud anything.All tiny little drills,1 million barrels here and there.Really do not see the appeal.When they actually going to deliver a drill?

extended reach drilling is extremely costly and also risky,because extended reach drilling wells are very long, uncertainties are cumulative very often add up to significant errors.Would locals really accept such a high risk approach?Remember any oil spillages near to one of the biggest tourist spots in the area and its goodnight vienna.The logistics of it all mean that the chances of production given its location are with a big headwind.

Seems like a totally flawed business model.Invest in asses that cannot or will not be developed.They have achieved their goal though using the Colter story on getting a �8m raise away ahead of the inevitable failure of actually ever drilling it.Call me what you like,its just an opinion that I offer.Why so defensive?Yet to see any answers to my questions.I call many of these twitteratti led hype jobs correctly and in doing so save many from losing their money.Rampers are more harmful to people looking to invest.

All the twitaratti here have mysteriously vanished from its hay day.Rinse and repeat move on to the next.I post on here to save people from being conned but never ever get any thanks for it.No doubt one day theyll be back selling the next empty story.

I posted here in January back when SP was 2p+ warning people about the twitaratti ramping going on here and the huge overvaluation,hopefully I saved a few from big losses.Amazing how I was villainised at the time.I dont know how some people sleep at night.

Twitteratti pushing this hard and desperate as they know Colter isnt happening this side of the summer and need to flip out.

here back when over 2p that this is just one big twiteratti fugazi.The stuff is far too deep to ever mine commercially. Pure rinse repeat/lifestyle job.

http://www.bournemouthecho.co.uk/news/16032228.Here__39_s_what_the_planned_Studland_oil_rig_could_look_like_from_Bournemouth/#comments-anchor Do you really think this is likely to spud mid April?If not then its not going to be drilling H1 as its not allowed to drill during tourist season,45day drill means mid April at the latest to miss June/July/August tourist season. If not spud by mid April then itll be September

Tiny NPV here, about same as the current SRSP valuation,so its already fully priced in,but whats worse than that here though; there is strong word that they are struggling to renew their licence on the same terms as before hence the reason why they arent drilling yet.could end up a very messy situation.

All over this share,smallest NPV drill on AIM already fully priced in.Has it not dawned on people why they have not spudded this well yet??Ill give some clues over the next few days but it is not looking pretty here.

The main man here losing faith and wanting to persue his other interests.

followed by red finish here.Nothing new.

?? They need a big raise before they drill their intended well in the second half of this year as currently it isn't funded I see no point in jumping the gun being in here until then