Echo Energy Share Discussion Threads

[letmepass] 03/12/2018 22:14

Still can't buy. Try now

[soulseeker] 30/11/2018 08:23

That 3815 trade at 8.12 is not a sell its my small buy.

[luckyman3] 29/11/2018 15:33

Looking good so far.
December is going to be a good month for us.
Might even get a nice xmas pressy.

[knackers] 29/11/2018 09:19

Given the contrived 4-month drop since Aug and the general shambles that caused, we should expect some aggressive volatility as we approach commencement of the stimulation programme. It'll need that "motion" before settling down. But would agree, we should recover ground pretty quickly.

Could get very lively here, stock now closely held with limited free-float.

[coldspring] 29/11/2018 08:17

Nicely blue again hoping for a move up to around 10p today.Seller appears out?

[sep800] 28/11/2018 12:26

No wonder I can't buy look at those larger buys 200K & 250K

[sep800] 28/11/2018 12:14

Still can't buy, every retrace bought into by order limits constantly being filled

[sep800] 28/11/2018 12:09

No all the shorts are being taken out, see the last at 8.5p 750K sell
Shorters now panicking hopefully back up to 12p plus, at this rate should see 10p close
Still can't buy NT only but can sell many, MM's need stock. push up to 10p now

[genierub] 28/11/2018 12:00

looks like a PD....

[letmepass] 28/11/2018 11:53

Double top formed for the a day. That's me out. GLA

[steelwatch] 28/11/2018 11:50

More like speculation based on what is already in the public domain, rather than any tittle tattle rumours:




Couldn't see any reason for the recent drop apart from general market conditions, and therefore unsurprised to see the share price recover some lost ground.

[genierub] 28/11/2018 11:31

LSE rumour true? Sellers/Shorters out?

Every buy sends a ripple effect upwards and the volume is good.

Director buys are well into the double digits - wouldnt be surprised to see a recovery in play now.

10p break will be a bullish signal.

[peterdonovan] 28/11/2018 11:23

I'm 40% down now average 13.5p

[coldspring] 28/11/2018 11:19

I have doubled my holding today only 45% down now yeah!

[kingkongtimmo] 28/11/2018 11:18

Should have averaged down

[pilkersa] 28/11/2018 10:33

Yay only 50 percent down now....

[knackers] 28/11/2018 09:43

Indeed Plenty-o'-fish, but also a significant (forced?) seller would appear to have been clearer away. Could get spiky as I would expect many PIs will have read the tea leaves and sat on their hands awaiting EMS/ELM results. IMHO we're now pretty closely held.

Clearly we won't know what we have at EMS until the stimulation is completed but the sheer depth of HC shows through the tobifera and austral shale is VERY encouraging indeed. We are in the ballpark alright. And as Julian was at pains to point out, EMS is a completely different tobifera layer to the one further north at ELM.
So, whats in that lower basin from EMS I wonder? If the tobifera has its own source that could/would be something of a game-changer as the entire play could be opened to frack ops - as is the way of things in this next of the woods.

Close proximity to evacuation infrastructure is clearly another massive bonus (and that includes TA).

The proverbial penny simply hasn't dropped here. Yet.....

[plentymorefish] 28/11/2018 08:29

Interesting rise this am?

[ride daice] 27/11/2018 19:33

The last time I saw someone that excited was when they changed their name from Jason to Julian.

[knackers] 27/11/2018 09:17

In for a few more ;o)

Whilst the mood music may be switching to TA with the imminent commencement of 3D shoot, there remains BIG potential in Echo's Frac C Austral block esp in the vicinity of EMS. Expectations being carefully managed but the plan here always was to stimulate. Silly MCap right now and would venture some exciting newsflow in the coming weeks well ahead of the seismic acquisition, which will appropriately concentrate minds.

Edit: OK, I was in for a few - but not that many..!!

[steelwatch] 24/11/2018 18:30

There is enough cash to pay for the extensive Tapi Aike seismic surveys and drill one well on Tapi Aike + revenue from production from Fraccións C & D. Watch this for a fuller picture:

[laptop15] 24/11/2018 18:04

How much cash do you guys think is left here and what news is expected?

[steelwatch] 23/11/2018 11:47

Looks like the 2nd 3m trade was an error cancelled:

[l30nski] 23/11/2018 11:19

Why the large sells? To me they must be forced sells as can't see anyone would choose to sell at this level unless there is bad news afoot, but if that was the case I would expect the sells to be multiple smaller ones (i.e. from a number of people in the know). Could be someone going big on a short but at this level surely the risk/reward ratio would not be favourable. Still what do I know.

[gus 3000] 23/11/2018 08:23

JBER playing a very risky game of late,could get caught with their pants down.Always been a bunch of doughnuts and will get it wrong again no doubt.

Gotta buy those shares back pronto boys-dont forget....