Echo Energy Share Discussion Threads

[knackers] 18/1/2021 15:40

Eerily quiet on mkts, but I see another leg up on today’s gains after the mini price consolidation last Thurs/Fri. Should see a breach of 0.8p this week then another big gap to fill.

[paradores] 18/1/2021 13:47

Well done to holders through COVID months. Company has been rebooted by Martin Hull. Big jump in revenue and profit this year with options for new projects, alliances.

[napoleon 14th] 18/1/2021 12:53

Yep, hanh on in there!
If you want to multi-bag, give it a year or two.

[knackers] 18/1/2021 08:55

Seems a good many were shaken-out last week. Still ridiculously low MCap. It’ll be a gradual recovery that will require patience, but for those buying in sub 0.4p the gains could be eye-popping this year.

[coldspring] 18/1/2021 08:34

Nice start to the week, just needs an RNS to confirm rebate received or debt restructuring or news about Bolivian green energy tie up to really light the fuse here

[napoleon 14th] 14/1/2021 00:33

We're only at last Aug's price.
IMO the new direction taken by ECHO is very +ive.
In case of a pullback I'll add more.
I'm up 44% on averaging down on Dec 17th.
Patience will reward IMHO.
GLA

[knackers] 13/1/2021 16:40

Too cheap Spring, too cheap. A good many of the 20% brigade will have now moved on, but equally there will be those bidding their time from the wings hoping for a pullback to exploit. They’ll need to be nimble.

[coldspring] 13/1/2021 16:29

Well I have to say if this holds blue then it has done extremely well. Expected some consolidation after the stellar rise yesterday. It might still pull back but look at the recent TR1s and DYOR

[johnyo] 13/1/2021 16:28

Clive Roberts's now owns 4.03 % of echo someone obviously interested

[helpfull] 13/1/2021 12:57

Sebastian Marr buys 4.96% in Echo Energy. Reminds me of the time he bought a stake in Nuog:



And sold a stake in Nuog:



A long term holder. The sharp eyed will see the shares stuck to his fingers for three days. If he bought his stake in Echo Energy in the most recent placing he would have paid 0.51p per share. There is, of course, a connection between Echo and Nuog. The debt in Nuog is controlled by C4 Energy. And two shareholders of C4 Energy were brought in to manage the company, Mr Jay Bhattacherjee and Mr Andrew Dennan. Nuog is currently suspended. Echo Energy board members, James Parsons and Marco Fumagalli, are directors of C4 Energy. Cosy. Are Novum Securities Limited involved with Echo and Nuog too? Andrew Dennan and James Parsons are running Ascent Resources together as well. Did Sebastian but a stake at Ascent?



A close knit community. Are Novum Securities involved at Ascent?

[helpfull] 13/1/2021 10:12

Worked it out yet? Who has paid for the recent cash raise? Or even the recent two cash raises? Plenty of shareholders showing losses on their holdings have doubled down. Still showing losses but holding more shares. What's new? What does the future hold? Who knows? What is certain is the company needs the cash. What chance of a third cash raise? Cheeky? Mug punters didn't expect the second. And there are plenty of those around. Shareholders live in hope of Campo Limite being a success. What chance? Be careful.

[knackers] 13/1/2021 08:23

Blindingly obvious retail investors can buy this up to 1p for comfortable double bag if not triple bag++ potential before Easter - Subject to news flow, test results etc. Silly valuation post restructuring, soaring oil price and growing base production and reserves.

Thing is this was all well-flagged weeks ago. Where has everyone been? stoking bonkers Tesla mania no doubt. TSLA is a screaming sell, this a pretty obvious buy. Clearly Mr Market doesn’t always get things right!

Now, where’s that weighing machine??

[disruptor1664] 12/1/2021 20:35

Sorry, can't see your comment through the stacks of cash I made today...

[coldspring] 12/1/2021 16:50

Kaboom, what a great day. Up nearly 25 per cent on high volume. Breakout dot com

[noreply1] 12/1/2021 16:01

Pure rampfest here what suckers

[knackers] 12/1/2021 11:41

Assuming success at Limite I think 4p closer to fair value but nothing like reflecting their 2P. SCS remains a large and under-developed acreage with great potential. Just what Limite offers-up will be intriguing and directional for both the prospectivity of the near vicinity and for ECHO’s share price generally.

The Springhill was nailed at Limite as expected with good quality sands... nothing’s ever a given, but carries the attributes of a promising conventional find.

[tomboyb] 12/1/2021 11:29

Acquired a few today to add to PF -

[nyforever] 12/1/2021 09:07

full selling mode? Helpful you really are a positive person.

answer the question do you even have one share in this company?

[joelebeau] 12/1/2021 08:55

If he had bought at 0.3 he could have double bagged by now... I don't think he has ever owned ECHO shares but is rather a bitter SOU holder

[helpfull] 12/1/2021 08:54

This share is in full selling mode. 167,000,000 of the babies lined up for mug punters. Be careful.

[knackers] 12/1/2021 08:48

Helpful. Whatever phantom position in this company you may have, I can’t understand why you stubbornly continue to rant. I believe you’re on the wrong side of the trade, big time. I said this weeks ago, you’re glaring in the rear view mirror rather than keeping your eyes on the road.

Action has been taken, production is coming rapidly back on stream, new assets are being proven, costs have been taken out of the business and we’re in a much more robust market for commodities generally.

Echo is a going concern and the support of bondholders and others speaks volumes.

Don’t worry, we’re all big boys and girls, and can take care of ourselves without your nanny-knows-best mutterings and ‘in-my-dayR17; musings.

[knackers] 11/1/2021 12:04

Well you can’t really fault the action taken by the Exec team this past 8-12 months. If that’s any yardstick we’re in good hands and have much to look forward to.

Here’s to free cashflows in the coming weeks/months and a good deal more besides.

[coldspring] 11/1/2021 11:49

Tick up today, plenty reasonable and respected Twitter folk are extolling the virtues of the company. Looks positive

[nyforever] 11/1/2021 11:21

I rarely post on here but use this site for information aswell.

Helpful - you remind me of trellis on lse who I have questioned if this was his username on this site as you too are very similar in your posts.

Can I ask if you have shares in echo as you always post negative comments about this company?

If your not invested then why keep with the negative comments? no one is really paying attention to you so don't understand what thrill you get when posting as it seems deluded if anything.