Solo Oil Share Discussion Threads

[c31161] 21/11/2016 16:18

We won't get anymore rns now they are below 5%

[runwaypaul] 21/11/2016 15:52

only 280m left now.....get ready to rumble.

[loveandmoney1] 19/11/2016 11:39

strange you feel the need to repeat the same post you made a couple of days ago on the other bb!

someone worried about missing their entry by the looks of it.

they've just placed and are fully funded for the upcoming appraisal.with such a high COS they will wait for positive results before raising again imo

[cpap man] 19/11/2016 11:05

Most probably scyther they believe that a deeply discounted placing is about to occur and so do i by the way!

And before you say anything i have no inside knowledge on this just a gut feeling i am sorry to say - this is AIM i am afraid but what one can do is wait as i am to buy at or around the placing.

If i am wrong then SOLO might get away but then there are plently of other fish in that AIM [cess] pool!

[billy_buffin] 19/11/2016 10:02

Payments situation for Orca still a problem.

[come on] 18/11/2016 21:14

That's another 142,000,000 gone ?

[nina65] 18/11/2016 01:00

IT will start to move now...

[scyther] 17/11/2016 21:49

No there's still a few hundred million to sell still IMO

[come on] 17/11/2016 21:05

100,000,000 is that all gone now or a buy, the price would suggest buy but surely a tick up for that if so

[c31161] 16/11/2016 14:24

Happens all of the time in aim companies epsilon place and their strategy is to take between 10 to 20% without the risk, and the reason solo took the pacing was because they had no money simple as that and solo is trying to keep its 25% of Tanzania

[cpap man] 16/11/2016 13:56

Most probably scyther they believe that a deeply discounted placing is about to occur and so do i by the way!

And before you say anything i have no inside knowledge on this just a gut feeling i am sorry to say - this is AIM i am afraid but what one can do is wait as i am to buy at or around the placing.

If i am wrong then SOLO might get away but then there are plently of other fish in that AIM [cess] pool!

[edgein] 16/11/2016 12:49

Scyther,

I wouldn't bother trying to figure out what institutions do. A recent example would be SOLG. No sign of any institutions there when the share price was at 3p. Yet they buy like crazy once the share price hit 12p. Long before 12p everyone could see the results at Casca etc. Also another example, insti offloaded loads of CAZA at 4p, 6 weeks later the share price was around 60p. Perhaps here this institution is happy with their 10-15% profit, either way it won't change the outcome of the N-2 appraisal well.

Barony,

Well as long as you get in early on some successful investments you can start to recover some of that. What your wife doesn't know won't hurt her. :)

Regards,
Ed.

[barony] 16/11/2016 11:38

Thanks Edgein. I need some good news as I contemplate a sea of red and try to explain to my wife how 75% losses in our savings can be recovered.

[scyther] 16/11/2016 11:37

If so confident why place at such a discount and further more why would epsilon be selling when they could hold and double their money for starters

[edgein] 16/11/2016 10:49

Barony,

They should have the planning permission early next year for the test, sidetrack and HH-2. They'll I guess put HH-1 on 6 months production testing before drilling the sidetrack for enhanced production. If they even bring it on at 1000bopd steady production it'll be pretty much instant revenues for partners. They may update during the test period or may wait until the end to give production numbers etc. they'll certainly do it before drilling the sidetrack.

Runway,

Exactly, NR stated that N-2 could add £70m to the cap here, and who knows the market may get carried away as we've seen other O&G companies get over valued in recent times. If they do opt for the optional well and drill N-3 shortly after N-2 it'll be fireworks as that would tie in with activity on HH. Either way its going get interesting here very soon and through to Jan/Feb as investors anticipate a potential company maker. The recent interview with NR and the AEX chap says everything that folks need to know about the potential on Ntorya and the current confidence of these two on upcoming short-term activity.

Regards,
Ed.

[pete678] 16/11/2016 10:16

Here's an interesting interview about Oil - discussing current Supply/Demand situation and future prospects

[barony] 16/11/2016 09:14

When can we expect test results from HH? Seems a helluva long time to do it.

[runwaypaul] 16/11/2016 08:50

fully funded

appraisal 60/70 %cos

4 bag potential.

seller clearing.

whats not to like?

[lastdrop] 14/11/2016 21:40

Oil minnow Angus Energy shone on its AIM debut
14th November 2016


Brockham oilfield, which is next to Horse Hill
14th November 2016


Angus Energy (ANGS) managing director Paul Vonk
14th November 2016

[rayrac] 14/11/2016 12:55

Or someone is getting to hold the baby and it needs a clean nappy?

[c31161] 14/11/2016 12:40

If they are dumping someone is buying

[runwaypaul] 14/11/2016 12:29

another 100m cleared.not long now before they'll be finished.expecting a swift move to .40s soon.

highly likely IF they are clearing all that the last 200/300m will be going at higher prices imo

id say a week and a half of drag around here then itll move higher gl