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FFS - Another false dawn
Is my guess! Time to pile in before these really move back to 2-3p
In today here large after some research.
DYOR and gla
TC
I have high conviction they will.
Otherwise, the board will lose every bit of credibility.
The new CEO will have egg on his face.
Maybe it's not just me thinking that ADV will deliver at some point on the production deal, let's wait patiently.
Yes you are right Spec lot of worries at the. moment. So I thought someone would give me the answer. I am one of them, lost lots here Odx and few others
Probably wasn’t the best post Radika. A 2 minute google search would have got you the answer. People lost a LOT of money so you are not going to get a sensible answer to a naive question
Just loaded up here again after managing to salvage some of my holding on the way down after the bad news.
Will get back up towards 2p SP in coming months IMHO.
GLA holders.
looks like many are taking position in here. we are near bottom. expect sp to start rising soon imho
RNS…..
Dixon .I live in flat in Swiss cottage and for your information not in cave. I asked because I have not visited board foe a while. And you did not have to reply. Pi’s do ask other investors for answers.
Huge spread!!
They are just trolling
do you live in a cave?
Was around 4p couple of months ago. What has happened? .25
EnergyGeo highlighted 2 risks...
This one sticks because its how it played out...
" I've reread the section on the seismic reprocessing and I'm not surprised that you are struggling to read or understand it, its full of advanced geophysics. So I'll keep it simple. The reprocessing of the seismic has re-positioned the top of the reservoir. It has also done the same to the seismic imagery immediately above the reservoir. Some of these events are distinct and mapable markers on the seismic and will have target depths. If they are distinct lithology breaks then they can be picked easily and should be able to indicate if the well is on prognosis or not. Now the not so good news. I think all the key markers that they will look for are from the top of the Echuca Shoals formation which will be encountered just above the next casing point. I'm not sure that Carnarvon will make any mention of this in any press release though. "
Remember the RNS came 10 minutes before trading, catching some people out..
Pre-market trading is 05:05-07:50, then trading starts 8am..
So announced outside of trading hours, and not giving pre-market traders an advantage
https://www.tradinghours.com/markets/lse
It’s going to take time, but as they are trying to keep the PR visible that shows they have no intention of turning the lights out just yet. I would rather them take time and lineup the right deal laugh and rushing just to do any deal
agreed and as mentioned before I think they will deliver but only time will tell.
The new CEO is really getting some attention. I’m very happy to see this. Rebound some day soon.
If you think rationally the one who got carried away here and was too convinced about the outcome, probably on the back of the RICS report and re-elaborated output, was Leslie and I guess also CVN looking at their comments and final decision to drill further away from the previous well. I speak from time to time with another member of the board and they have all been shocked by the result, definitively unexpected based on the information held, but have learned (as we did) their lesson in my view by removing Leslie who's position was unsustainable and focusing on delivering a new strategy via production deals, which ultimately marks a massive strategy shift. Enough from me, as this is now a waiting game, DYOR
If I remember correctly he was the only one who was saying that it might not be the “cert “ that everyone was saying it would be . He was bloody right !
Quiet, like me? Took a hit. Hindsight lol like Share, I’m in this until something else brews.
Jono, you are correct as often some start getting involved close to spud to pump the shares and than disappear. My guess is that EnergyGeo was genuine and got hit like us other holders. In any case I'm holding all my shares patiently as I think that the board ex Leslie will succeed in their new strategy with a focus on producing assets. Enough from me as this could stay as we are for a while as in my mind these deals have an unknown timeline driven by the vendor and can be prolonged if you are talking to a major offloading a for them smaller asset.