Member Info for Yanis2005

Very true BV, all it takes is a bit of FOMO. One good RNS and we could more than bag in one go.

That tank is for condensate which comes out of the 3-phase separator. Not the main product but yes, is worth a bit of money. Every little helps, but the real money is out of the gas sales.

Nice one BV, 1.1 mil at 1.24p. I think tomorrow we are going to concur 1.2p, maybe higher. Attack on 1.5p is imminent.

BV, all we need is somebody to put an offer of 5p or more lol.

PP & EA approvals will be great, maybe in a week or so.

Good call BV. Are you predicting 2p tomorrow? :)

Get to 2p and I will be all smiles … breakeven! :):):)

Retail Investor call with eve Sleep Management - Final Results
18th Mar 2021 at 1:30pm GMT

https://www.investormeetcompany.com/investor/meeting/retail-investor-call-with-eve-sleep-management-final-results

- Sustainable profitability in 2022

- Enough casbah in hand to get to sustainable profitability

Volume arriving just before close … bodes very well for tomorrow.

Geeman, the fact that they are aiming for sustainable profitability in 2022 and the fact they have enough cash to get to profitability is in last tears final results presentation at the Investor Meet Company.

Usernamebut, thank you. Good post.

I suppose my anger now comes from having believed them last year when they said convincingly that they will reach sustainable profitability this year and without a raise. Ofcourse now we need a telescope to see profitability arriving.

Yes, this is AIM, but had it been another profitable company they could have been faced with a class action law suit over this. Normal on AIM though and I need to remember that and believe nothing that the CEO says.

In fact my investing for the long term is finished. From now on, after I clear out will be pure trading.

Oh dear … back down to 2.40p. We are done!.Selling is not over yet.

The good thing is that the selling seems to have stopped yesterday. Fingers crossed.

A ray oh hope from the arm chair trader

“ Finally, a notable mention for Eve Sleep [LON:EVE] which drifted 31% lower off the back of a full year trading update. That’s despite some impressive headline numbers such as two year growth of 11% off a 40% lower marketing spend. The company does however remain loss-making.”

https://www.thearmchairtrader.com/alba-minerals-uru-metals-eve-sleep/

Geeman, mate, I know there is still value here but very disappointed with the slip. Also disappointed with CC not really explaining why this happened. I intend on asking again in the next presentation.

The market didn’t like it and this is a bit worrying. Very annoyed with this goal post shifting, it may now take a very long time before we get there.

DoneK, that gives you an idea of size.

This is a big tank and is to store the stabilised gas condensate - good money in this too.

Condensate storage tank being pressure tested in the yard

https://twitter.com/angusenergyplc/status/1484125049908969473?s=21

Dontgiveup, I know how you feel, my average is 5.34p and £30k down at the moment. Really annoyed with been fooled … sustainable profitability changing to breakeven for PART of the business. Disgraceful.

Wressle well production could top 1,500 barrels per day – new estimate

Drill or Drop

https://drillordrop.com/2022/01/19/wressle-well-production-could-top-1500-barrels-per-day-new-estimate/

I am no expert in managing companies and no idea about selling mattresses. However, the facts the way I see it.

1. Yesterday we had a TU, the SP after very briefly touching nearly 4p fell on heavy sell volume and it now sits at 2.4p. This tells me that the market did not like what it read and heard yesterday.

2. In last year’s presentation both CC & TP where very upbeat, very confident, projected sustainable profitability this year and said that they have enough cash in hand to see Eve to sustainable profitability this year. This yesterday was not the story - downbeat and no profitability this year and now profitability is some time in the future since France is not going to catch up with UK&I until art least another 3 or 4 years. Also, cash in hand are only enough for this year, no confidence in enough cash to see us to profitability. Something has changed. What is it?

Looks like we took out the 1.10p resistance, now strong support.

Next resistance is at 1.5p and hopefully we’ll take that one out next week. One more RNS should do it, fingers crossed.