Egdon Resources Share Discussion Threads

[givmesunshine] 13/10/2021 11:16

Looks like our share price has been infected by UJO :(

[givmesunshine] 12/10/2021 09:27

IdbartDoes look like there is a lot on the horizon.. little free float, looking forward to the next update

[ldbart] 12/10/2021 08:46

Some pretty decent buying recently and moves fast. It rose 11% on 20 trades yesterday, due to most of the stock being held by directors or Institutions. I wonder what news we have next:- Upgraded Gas Separator arrived and installed- Gas-to-wire Electricity Generator arrived and installed- Full Field Development Plan (FDP) for PEDL180/182 to expand into Wressle-2 for the Pen'stone & Wingfield Flags - Competent Person's Report (CPR) over PEDL180- Revised Gas/Oil flow rates

[jasper2712] 11/10/2021 14:17

You really shouldn't believe any article published in the Daily Mail.
One article on bringing back fracking was dismissed by another one where and I quote
" Business Secretary Kwasi Kwarteng announced that 'fracking is over' and the Government 'has moved on'."
Their articles cover all bases so if one appears to be prove to contain some facts they will say they were the first to report on it. At the moment they seem to be concentrating on a Cosco store in Manchester where people are seem to be shopping!
Take anything they right with a big pinch of salt .

[currypasty] 11/10/2021 11:32

On Friday, however, WTI and Brent turned around with prices eventually reaching a 7-year high amid reports that some industries have begun switching fuel from high priced gas to oil and on doubts the U.S. government would release oil from its strategic reserves for now.

[givmesunshine] 11/10/2021 10:47

It is very illiquid.. good to see some nice blue .. it's not budged for a few days

[currypasty] 11/10/2021 10:24

winterfloods are quoting 20k at 2.1, shore cap 50k at 2.1

theoretically if you did a 'fill or kill' they should do 50k at 2.1

(still only a grands worth!)

[bean02] 11/10/2021 09:46

Still only £500 available

[givmesunshine] 11/10/2021 09:34

Derisked - not derailed - bloody auto spell

[givmesunshine] 11/10/2021 09:33

I'm hopeful of an update within the next fortnight - we seem to be building a new base level and Inthink it will start to hit the highs as the market gets more comfort in the long term potential coupled with a derailed investment - why go sticking your money in a "could be " when you already have a "will be" that's not priced in at all - I think 5p would be about £25mil - which even on what we have so far is not excessive

[bean02] 11/10/2021 09:27

£500 max. Buy!

[currypasty] 11/10/2021 08:52

looking good, I still think if the numbers bandied about are anything near, we should be at 5p, not 2p... do the maths on production x spike in oil price recently.

[dave4545] 11/10/2021 08:46

2p paid.

Just shows it takes a little patience, all those people that piled in at 1.55-1.65p on news day then sold at 1.43p within 2 days would all be sitting on handsome profits.

I still do not understand why 99% of people in this game do that now and it still does trigger their thick skulls that if they hold they will make money, selling for a loss because it's not in profit in 24 hours is only going to end up losing the lot.

[givmesunshine] 11/10/2021 08:43

Maybe today

[bean02] 11/10/2021 08:38

1.9+ breaks the inverted head and shoulders

[ldbart] 11/10/2021 08:24

Price would double overnight. That Gainsborough Trough shale will be very lucrative for us.

[givmesunshine] 11/10/2021 08:14

Nice read curry Can see this re rating any day ..

[ldbart] 08/10/2021 11:39

For Egdon, not "not Egdon".

[ldbart] 08/10/2021 11:19

Heads-up, I've got access to the Broker Retail Service Provider (RSP)not Egdon.The current available shares on freefloat looks low:250,000 available @ 1.85p262,500 available @ 1.91p250,000 available @ 1.985pIt looks like the Market Makers are short of stock below 2p, so we could see an interesting afternoon

[ldbart] 07/10/2021 20:01

@leedbartz. I'm putting together some research notes covering all Egdon's assets. Will share the research and the link to my Dropbox when it is ready.

[ldbart] 07/10/2021 19:59

Work is ongoing over the next few weeks. Importantly, there will be no downtime.

[givmesunshine] 07/10/2021 15:26

IdbartWhat's the thought on the timeline for the separator works to be completed ? Wasn't really clear in the RNS

[guesswhosback2] 07/10/2021 13:30

Great Post and thank you