Member Info for wookieemonster

Price action has been strange for months mate

Still a blue day, and showing real strength, bigger picture looking good

Can’t blame traders take a few percent, common on every share but we have been seeing strong buying and for good reason. Current price could be seen as a very good buy in point if half of what is expected happens!

That’s because many can see past the smoke

£1.17 might not be close Panamabob, maybe close to what info we currently have been given but not the full picture. Certainly a lot better than the current sp, and wouldn’t mind trading around that right now

Well let’s be seeing that 2000 - 5000 bopd and beyond

Great insight & GLA indeed Tiburn! Just need some luck on our side now.

Agree on a drift on no news, no news and no incentives = further drip selling. Could present a better buy in price and further dip in sp I agree. But we really are looking heavily oversold now and the aspects that will kick start a rerate are closer than ever imo.

Cuda may get resolved sooner than expected but legal matters often drift.. Nigeria could happen at any moment but not expecting it.. The real thing here now is those looking ahead a month or two ahead and seeing the bigger picture for some hefty returns.

Tandmeister indeed, just probing :) agree with mcadder however, until we get cuda out the way and some real understanding of current and future production figures we are vulnerable to more manipulation. I too will be sitting on hands and waiting. Question is how many will be thinking it’s only 8 weeks or less until we could be seeing a strong bounce. Had I not bought in already I would certainly be viewing this as an excellent buy in opportunity.

Are you invested Ang? Or hoping for lower buy in out of interest, what makes you think it’ll fall further from here?

Some great posts here today, thanks chaps.

Down to Art to bring this beauty to the stage.

But of course they wouldn’t have put 5000bopd on the company video, had they at the time not thought it easily possible. The increased pressures obviously put a hold on that but if they are saying circa £1 based on 2000 then that really does bode well for us this year.

I do think the WTI price has a good chance of hitting $100 this year. Only because the current reserve situation is so fragile and any major disruption is likely to send the prices skyward.

Interestingly and sadly, thinking about global warming, 40% of oil production is at risk from rising sea levels. Much of that is at sea level and under immediate threat.. from an investment case there are many pointers towards rising prices this year. My own personal speculation and could be wrong of course. Can’t say about the monthly ups and downs but the trend would seem to be up.

Oil & gas resources in reliable areas will certainly be targeted by investors.

That’s great, also find they are more inline with accurate forecasting and pricing; the fair value, even if conservative is much more aligned with many of the estimates on here. Said it time and time again out assets alone justify a higher sp alone, but most know that anyway.

If Art can get this Cuda thing out the way and be able to get things back on track and deliver his promised news flow we should start that run towards £1 soon, Let’s hope so.

Nigeria always lurking, may come when no one expects. And potentially change the game completely.

Here is to an exciting 2022.

Any disruption to the global oil supply chain will see prices rocket. Reserves globally have never been so low for this time of year.

We have 40+ years here of production from just the known proven resources. Once we clear out initial debts and ease up production figures the monthly profits should be exceptional for us.

If we are proven to be producing 5000bopd and beyond and with no further games or dilution to allow us to evolve and grow what we already have the sp should definitely reflect that.

I’m certain if we just sold everything we have, right now, we should get something, at least , between 50p-£1.

Would hope by March we are; at least, 50p so not a bad upside and recovery from here .

With bad news it’s possible. However if cuda does come through ( can’t believe we are waiting on another take over ) then it’ll be heading back toward 50p. If we don’t get cuda and get production levels up and pressures under control then see this heading back towards 50p.

With the right news flow and when people understand our proven reserves & asset values paired with highly probable unproven reserves with further drills planned info then heading toward and beyond £1 should be back on the cards. ( See HFB peer group comments )

Clear as day games at play due to cuda. Get that resolved either way and we will see a big U turn this year, imo.

Our current mcap is just so silly.

If this comes back at 1p though it’ll take a multi multi multi multi multi multi bagger to get anything near the share value you did have.. on what looks to be quite a crap business with little to no immediate uplift potential…. Paired with, people who have just been completely screwed over for shares and given beer money in return which they will sell and pull the price down.l even further.

It seems the company has given all existing holders a huge F U to me.

If this comes back at 10p a share then fair enough.. but 1p and it’s another real kick in the nuts. Anyone have anyone on relist price? Or a single reason to hold when this opens.

Because if it’s £260 then.. well, thanks for the 40:1.