Eco (atlantic) Oil & Gas Share Discussion Threads

[thenorseman2] 10/11/2022 21:49

While we are waiting: See below note from Pareto Research.They state a valustion of 2.5-3 SEK/Share on 300 million barrels discovery and long term oil price of USD70/barrel.Africa Energy has approx 1.4Billion shares in issue do that makes 3.85 Billion SEK which is £310 million (using SEK 2.75/share)Africa Energy has 27.5% vs. Eco 50% so Ecos stake would be valued at £564 million.Assuming £50million of Ecos current market cap of £150 million is some of Gazania priced in we can say oir market cap will be £664 million on 300 million barrel discovery.Eco has 344 million shares issued plus options. If we say total equivalent to 400million shares the share price that may be justified would be around £1.66.https://fitinvestmentideas.com/2022/07/04/pareto-africa-energy-stars-aligning-significant-news-flow-ahead/PS apparently Pareto says they believe news next week

[smraynot] 10/11/2022 19:04

Only 12 hrs and all will be revealed.🚀

[ride daice] 10/11/2022 18:24

Dear Santa,

Please, Please, Please make this the one and only Christmas that I make more money than Noddy Holder.

[smudgeroo] 10/11/2022 17:49

TSX is currently putting in a double inside day. Volatility squeeze whilst news is awaited.

[davwal] 10/11/2022 16:30

TSX quietly sinking...

[firestorm911] 10/11/2022 16:29

We are shorting and we have made millions castrating many pro nonces in the last 4-5 years, it's a sure bet.

-80% cut castration is coming. Please save your swimmers in a deep freeze.


Regards,
F911

[davwal] 10/11/2022 16:28

I'm going blue from holding my breath.

[dicko80] 10/11/2022 16:12

shes going blue

[davwal] 10/11/2022 16:09

Canada down 2.8% so they've not heard the great news yet..

[davwal] 10/11/2022 15:53

As final-hour surges go, it's certainly of the less obvious ones...

[extrader] 10/11/2022 15:43

Umkhuseli heading out, draft unchanged at 7m....

FWIW

[2 solaris] 10/11/2022 15:43

No surge of buyers yet but someone sold 3!

[smraynot] 10/11/2022 15:42

Never disclose close sources. I'm confident and that's all that matters to me.🚀

[extrader] 10/11/2022 15:36

Stopped clock syndrome...

[2 solaris] 10/11/2022 15:32

Can you expand please smraynot, you already said it would be yesterday.

[smraynot] 10/11/2022 15:28

Heard from good source the RNS is out at 7.00a.m. tomorrow, and it's going to be outstanding. Would not want to miss out on the diamond of a share. Watch the last hour of trading and the surge of buys. As always dyor, but I know where my money is staying.🚀
28640;🚀€640;🚀

[grivarta22] 10/11/2022 15:15

Umkhuseli heading back to the rig now.

[pro_s2009] 10/11/2022 14:19

Of all the MM's Marex seems to be the aggressive one.......on the offer side, always dropping down below the other MM's. Especially aggressive on low volume days, like today.

[grivarta22] 10/11/2022 12:14

Do you get sick of being such a clown? You know you can make money instead of trying to annoy people.

How could you be certain of a negative outcome? Because it's taken a few weeks longer than expected?

Dusters are announced, measuring results takes time. Before you call me a ramper I'll be the first to admit it's far from a sure thing.

Muting you, bye clown.

[firestorm911] 10/11/2022 11:58

-80% is coming. Death by castration for all pro nonces.

No news is bad news. There's no commercial oil, and friends and families are exiting.

Regards,
F911

[ride daice] 10/11/2022 11:39

Does anybody know when he was last observed whistling ?

[ltinvestor] 10/11/2022 11:27

Keith Hill is a director of Africa Oil, Africa Energy and…….Eco Atlantic!

[pro_s2009] 10/11/2022 11:25

Generally when drilling issues occur the companies share price takes a tumble as the situation leaks from the rig and support crews........

So with no dips down and only spikes up...........one assumes its a discovery........well I do.....might be wrong but I am holding all my shares tight, not sold any and will hold all for results...........lets see.

[2 solaris] 10/11/2022 11:24

Align could have gone one better, Johnny Cash sings a song called Bad News:

Bad news travels like wildfire
Good news travels slow
They all call me wildfire
Cause everybody knows

I'm bad news....

Yet, this is travelling so slowly it has to be good news!

[grivarta22] 10/11/2022 11:22

Hadn't seen that last bit of the sentence before Norseman, nice find.

There's a few scenarios as to where we could be:
-Major dilling issues
-discovery (bigger than estimated.)
-discovery + sidetracked.


A duster would have been announced by now, unless they've had major drilling issues.

If it's a discovery since the estimate was 30 days for logging, it's larger than estimated.

They could have side tracked on the discovery and be waiting to deliver both results together, which would shock the market more.


Either way a brief update would be appreciated, the speculation will begin to get out of control.