Solo Oil Share Discussion Threads

[greatfull dead] 30/12/2016 09:10

Ed,

Very much doubt if my cheeky limit Solo buy would have come to fruition so canceled it. I put it on a another favourite.........

ATB,
GD

OT, Are you watching PVR?

[edgein] 29/12/2016 17:32

Temm,

Are Angus going as deep as the kimmer shale?

Regards,
Ed.

[edgein] 29/12/2016 17:32

GD,

You might as well chap, you never know your luck between now and mid feb.

Regards,
Ed.

[temmujin] 29/12/2016 16:45

massive late buying this afternoon...think we may get rns in morning re angus

[purple11] 29/12/2016 15:32

re getting thru 30 is a big deal chartwise.it will change the whole dynamic so theres naturally a lot of resistance......

[purple11] 29/12/2016 15:29

may go positive gl

[greatfull dead] 29/12/2016 15:24

Ed,

I put a cheeky buy limit order in. Far too cheeky looking at the share price now.

ATB,
GD

[edgein] 29/12/2016 15:15

Barony,

I know, some folks were able to buy today at a slightly lower price that where Mr Ritson took some at the start of the month. Market is crazy at the moment on some stocks. This share price lull has just allowed more to accumulate at really low prices below 0.3p, give it time though as SOLO has a habbit of spiking above 1p. Will it be NT-2, NT-3 or HH that causes the next one? We'll find out in the next 5 weeks fingers crossed! Yeah SOLO will need a couple of mill I guess if they go for NT-3, hopefully debt funded after NT-2 results, if necessary of course.

Regards,
Ed.

[barony] 29/12/2016 13:09

Doesn't look like it! A bit ridiculous the share price slide given the great prospects. Looks like another fund raise on the way!

[edgein] 29/12/2016 11:42

GD,

Yep always safer to have more than one development/appraisal project on the cards to diversify and spread risk. We could have two company making projects making progress in Q1, both already appraisal/development. No other small cap oiler offers that at the moment that's why we're both here! Not long to go now, 4 weeks and we'll be on the edge of our seats, hopefully NT-2 will be the company maker that DL and many of us expect. Have a happy new year and hopefully SOLO will add to the prosperity of 2017! :)

Regards,
Ed.

[greatfull dead] 29/12/2016 10:53

Ed,

From your post which I believe covers whats SOLO have.

'Many fingers in many pies just the way I like em here at SOLO, we have remarkable diversification here for development projects for a small cap'.

NT-2 results end of Jan or the beginning of 2017.

ATB,
GD

[temmujin] 29/12/2016 00:07

David Lenigas ‏@DavidLenigas 7h7 hours ago
Solo Oil's big Ntorya gas well in Tanzania now in to 7th day of drilling. A game changer and company maker in the making. @SoloOilplc

[edgein] 28/12/2016 09:25

GD,

Absolutely, clearly the highest upside of any O&G company at the moment given the moderate to low risk nature of both these potential company making projects, both appraisal/development. I'm sure there will be many O&G investors that will want to give the likes of the explorers a wide berth and stick to the appraisal and development companies like SOLO and AEX etc. SOLO being top of the pile of course having more than one development project. I'd like to hear more about IoW too as NR classifies that as appraisal too. Many fingers in many pies just the way I like em here at SOLO, we have remarkable diversification here for development projects for a small cap.

Regards,
Ed.

[greatfull dead] 22/12/2016 12:39

Ed,

Personally I await the results of NT-2 followed by NT-3 with some positive news on Horse Hill.Actually very positive on excellent results for all 3 assets in say Q1/Q2 2017.
Nigeria in my opinion is a long long way off. But hey, all things in Nigeria from my personal experience come good with decent management with positive government connections.

ATB,
GD

[edgein] 22/12/2016 12:26

GD,

A long way from being ahead of ourselves here yet. £35m/0.5p imo wouldn't look unreasonable here for KN, NT, HH, IoW and speculative upside on Nigeria completion. 0.7p would be a little ahead of ourselves before NT-2, but certainly not after if successful. If they are also successful on NT-3 and get 1-1.5Tcf as suggested the gross NPV on Ntorya would be a staggering $3bn+. 25% of that pending development could see SOLO a £200m+ company. That's the potential prize at the moment on one of the assets here. £19m cap is a long long way of being ahead of anything, SOU for example traded at £400-500m before they had anything close to a material result in Morocco, now that's getting ahead of yourself.

Regards,
Ed.

[greatfull dead] 22/12/2016 10:28

Lets not get ahead of ourselves....

[temmujin] 22/12/2016 10:27

looks like another leg up to 0.35p

[loveandmoney1] 22/12/2016 10:20

im fully expecting a break of .30 at some point -and when it does a rapid ascent to.40s gl

[edgein] 22/12/2016 10:09

Chart looks really interesting here too, not just the fact that these are over-sold on KN-1 and NT-1. A close above 0.3p puts us on a 6 month break out with resistance at 0.42p. Should that go we're then going back to the 2 yr chart with resistance at 0.54p. Before that we're back into the territory of the 1p+ spikes triggered by our interest in HH.

Regards,
Ed.

[loveandmoney1] 22/12/2016 10:06

that's more like it

after the customary sell on spud shakeout,stupid AIM mms.....

[temmujin] 22/12/2016 00:51

logic is all MMs are j boy crooks..right?

[barony] 22/12/2016 00:00

We spud, Aminex rises and we fall! Where's the logic?

[tmmalik] 21/12/2016 17:41

0.50 by Feb if no more dilution.

[loveandmoney1] 21/12/2016 17:15

David Lenigas ‏@DavidLenigas · 2h2 hours ago

Game on! Solo Oil Plc: Spudding of Ntorya-2 @solooilgas @AminexPLC This should be a stunning well.

[greatfull dead] 21/12/2016 17:07

It will be huge once HH is proven.