Member Info for Y-Alam

Look at graph if this ends blue, this will present a solid uptrend. Look at buys coming in, more evidence that this is only going one way.

I have read many research papers on lek which state that when this was 19p this was trading at fair value. Therefore as stated this is cheap at any price up to 15p. Now that they have signed MOU with Schlumberger with a potential to raise 170mill on Nigeria exchange this is going to be massive, I guarantee with Schlumberger involved we will get opl310 back. Furthermore look at all them orders on order book waiting to buy. They know this is cheap, they want your shares dont let go as you will be buying back at higher. Good luck to all who hold, those that do not get in now. Possible tr1 released today tomorrow hence order books filling up

Question you need to ask, big buy order filled yesterday, another one wanting a full at 4.15, they are taking these out of weak hands and transferring the wealth to the rich. Big buyers do their research and only bet on a sure thing. They know with Schlumberger mou, that there will be no permit issues, also they have been advised by the best financiers that money can buy. The price has been brought down to enable the rich to not miss out and get a good deal. All last weeks gains have been erased so that they could buy in. Expect further big buys to be filled. This will fly. I even expect a bounce today. Blue. Gla

Great post risky says it all, good day today, should start moving back to decent levels, good luck all

Hi muir I am still here, what's your thoughts on sp action

Woody I am rubbish at trading, that's how I started, lost loads, I have made more by finding entry, buy and then hold. If it drops I top up and top slice. If I cant see any recovery then I sell out at loss. This is due to bounce, and I see a solid future. The manipulation on this one suggests something, cannot see this as short covering as we have not seen huge block trades. I think we may see some block buys soon. Hower all with a pinch of salt, wtfdik. Good luck all.

This is not a traders share, I must admit if I was not in at 6.5, I would have bought this all the way down here and have had to take a loss to sell out. Did top up at 5p. Sp imo being manipulated for some reason. Keep the faith, got a solid company, this is aim and we all know what mm's do.

Volume sell on bell minuscule yet they drop it 0.20, standard bent mm's, however not bothered about daily movement, been here 3 months , by year I should be a happy man. Retraced 50% of last mondays increased, I assumed we would see support.

We are waiting for a tr1 that might not come because a threshold has not passed, what's to say the seller has sold what is needed and now holding because of Mou????

This is a good board, and I dont think we should harass any poster, LC provides good balance, I obviously disagree on where I think this will go having my main investment at 6.5. As Jarv55 points out the potential here is massive, mirabaud quoted in 2018 that this should be 36p this was prior to opl310 problems, other brokers have this higher. Once funding fully outlined to tap into the details from cpr this is gonna be massive. We are all here based on what may happen, and based on all info to hand this it is my belief that this is a good speculative investment. I have compared this investment to other oil companies who are yet to drill, drilling dusters, need money, etc etc, we are producing, earning revenues, costs are a bit high for my liking, directors have skin in the game, the Nigerian oil fields are full of oil, dont forget cpr, 68 million needed however with major in the mix this will not be a problem, , aaog same mcap with none of what we have as are other companies. This at 4.5p,5.5p,6.5p,7.5p is a very good investment all in my opinion. LC I too have lost money on some of the crappy what if companies out there. However I have bet 3x more on this one because of the above. Of course I need to add my ramp, 7p by Friday. Great to be in here, brilliant board which includes LC. Gla

Mm's have created a pattern whereby traders who bought in at 5p or under will be selling out as this rises. No one will trust this to rise without dipping. This will rise next week. I have no doubts. Bet my underpants on this.

With last mondays major news, we have had a situation whereby mm's imo have driven sp down to squeeze every last share out of pi's hands. This company is already producing 2000 bopd. Major signed a jv with us to increase production. The potential is mind boggling, furthermore saudi need oil prices high, hence the heating up of US/Iran tensions. Look at aaog worth more than us and they are not producing. Other big players in Nigeria making big money, hence jv. Could be takeover, who knows. One thing I am confident is that we are undervalued and this will be higher by Friday at least 7p. Will eat my underpants if not? Good weekend to all, and looking forward to 20p.

No more seller on nex exchange , tr1 drop after hours could see a bounce monday.

Good luck on your price target. I obviously dont want you to get it being invested higher.

I personally dont think it will go to 4, eland has done very well off Nigerian oil fields, this set up is not that dissimilar to eland only smaller, license resolution will see this rise back to 6-7, today Friday brought down on low volume, next week will defo rise back above 5.5, bwtfdik. Topped up more today, get in now while it is cheap. Gluck.

Quite a big drop on no volume

So you are saying you will buy at 4p, why did you not buy when below 3? According to you nothing much has changed?

Your not wrong, closer to 4 that 6 right now however lots of undervalued stock go unnoticed for a long time. We will have our day. Broker target 15, with license back we will be higher, Schlumberger understands the value here only matter of time before others get back in

standard Friday unfortunately,

Aaog 19 mill mcap no oil, lek 25 mill mcap plenty oil, after today good chance seller done, possible tr1 soon, we are producing. 4.8p looks like bottom. Rather be in this oily.Not fussed waited 3 months what's another 3 months good luck all