Echo Energy Share Discussion Threads

[oilbuy] 30/3/2021 13:28

How much that short cost you ?

[coldspring] 30/3/2021 13:23

How is that short Richard? Have you gone all shy? I ask again, what was your rationale?

[oilbuy] 30/3/2021 13:20

You just cant help yourself.

[rwells4474] 30/3/2021 13:14

Nice rise only 9p to go ?

[knackers] 30/3/2021 13:13

What you DO NOT DO, is short Martin Hull!

The guy is golden.

AIM retail investors just waking-up to that realisation.

He has BIG, mid-cap ambitions for this minnow.

[jfreshfield] 30/3/2021 13:06

Massive news today. Can see this hitting 1.5p with ease.

[helpfull] 30/3/2021 12:59

A good day to sell, and quickly. Why the euphoria over debt restructuring? Shareholders might be better advised to look at the Covid-19 situation in Argentina and South America as a whole. After all, it is what decimated the company last year.

hxxps://en.mercopress.com/2021/03/29/civil-servants-to-work-from-home-to-halt-circulation-of-people-as-covid-19-cases-rise-in-argentina



Mug punters taken in by random oil production figures. Echo Energy is producing about 210 bopd. Be careful.

[zen12] 30/3/2021 12:42

Looking at $80M revenue per annum, this is under the radar and very undervalued company now. Debt restructured, no holding back until 2025.

[ride daice] 30/3/2021 12:13

Going short on the day that the sword of damocles has been removed from above the head of ordinary shareholders ? This is screaming buy imho.

[oilbuy] 30/3/2021 11:57

You got it wrong.You will be buying out that short.Foolish

[jfreshfield] 30/3/2021 11:55

Going to explode from here. Churn done

[coldspring] 30/3/2021 11:43

I am keen to hear your rationale Richard.......go ahead educate me

[richardp19] 30/3/2021 11:39

Short on and making moneyExcellent should see this dump back to 0.5

[oilbuy] 30/3/2021 11:38

Great news for anyone invested and took the risk.Well done holders. Beautiful base production level at a low market cap.Anyone who has negative views must have sold at a loss.

[zen12] 30/3/2021 11:29

Dump? Not even risen yet fella lol

[coldspring] 30/3/2021 11:08

Bond restructured and now for the news flow, get on board this is massively undervalued imho DYOR of course

[terminator101] 29/3/2021 11:15

From the last interimsRevenue £5.6mCost of sales £7.3mTotal loss £5.7mWhere is the low cost profitable producer in there??? They cant even cover their costs of producing. It costs them more to take the stuff out of the ground than they get in sales. That's pretty shocking for any oil and gas company

[terminator101] 29/3/2021 11:11

Profitable?

[knackers] 29/3/2021 08:18

Is that so..?

All I can see is a profitable, low cost producer with a heck of a lot of low risk 2P to go after, and now more than sufficient means to realise a production flywheel effect in a strong O&G commodity mkt.

Be careful who you listen to people...