yes the volume may be an indicator.but to the contrary it could be insiders escaping. all eyes on this now.gl |
5 million is high volume for this share |
will be plenty of opportunity to catch the move if news is positive.silly to be in now and risk a wipeout. gla |
nothing indicated.just trading within its range atm |
Not with this current price action. |
Is it possible news is leaking? |
Looking good |
Another bear trap |
This seems to be the basis for company confidence imo!Executive Chairman's 's ReportDear Shareholder,The first six months of 2023 has seen the Company successfully plan and implement a three-well drilling programme onshore Morocco in line with its strategy of focussing on high impact drilling for gas in Morocco.Results from the MOU-3 well completed for rigless testing in June were particularly encouraging and helped to de-risk the Compressed Natural Gas ("CNG") development case. This is the Company's preferred scenario for supplying the industrial gas market in Morocco to help reduce reliance on carbon intensive Liquified Petroleum Gas imports. Importantly MOU-3 confirmed the interpretation of the results of the MOU-1 well completed in July 2021 and established a new gas basin covering up to 240 km(2) in the northwest corner of the Guercif Licence |
The move is not Ireland related as EOG is currently down. The following article however shows how Irelands big expansive ideas for wind energy will now be under significant threat. PRD holders have been well aware of wind energy limitations and this article will be no surprise.
Leaves the minister in Ireland looking at coal and imported gas from the UK (which is not the cleanest... 20kg+ per boe) or indigenous gas that could be really clean like that produced by KIST in Holland ie grams of CO2 per boe. No brainer now.
Anyway back to Morocco .... |
Might be the "draft" version of a testing results RNS is doing the rounds......we shall see if that comes to pass if we get an RNS next week. |
This looks interesting! |
Look like the kind of trades that hit the market at 20p when the placing was coming. |
The 300k is a buy from earlier |
Insiders coming in ? |
Good buys this morning. News over due here |
Never assume."assuming that the wireline logging unit is released from its present contract on or before 10 October 2023."But but but the RNS says they'll update if otherwise.It did but they don't say when they would update do they.Uncertainties are killing this. |
Hello Helpfull, 5% of £42 would do me! Where did the £42 figure come from? |
The force is strong here.
Exciting times.
After 3 wells drilled this year and 4 cash raises, testing should be in progress.
Interesting to see the shenanigans in the market.
Does anyone have any news of his the tests are going?
Whilst shareholders are getting twitchy they are easy prey for those wanting to move the share price, up or down, for whatever reason.
The current chart:
free stock charts from uk.advfn.com
The Bollies are as tight as ever.
The fall today sees the share price remain within the lower Bollie Band and also within the long term high and low guidelines. Volume was higher today but still at a a low average. Volatility remains low.
Todays share price movement is no indicator of how flow tests are going.
Nerve is being tested.
Do ya feel lucky punk?
£42 lucky?
Be careful. |
You can't get much more confidence than this comment:In order not to delay further it has been decided to test MOU-3 and MOU-1 using conventional perforating guns.The Company is confident that the testing programme will deliver the results necessary to progress commercial negotiations for the offtake of its share of future potential CNG gas from the well head. |
You can't get much more confidence than this comment:In order not to delay further it has been decided to test MOU-3 and MOU-1 using conventional perforating guns.The Company is confident that the testing programme will deliver the results necessary to progress commercial negotiations for the offtake of its share of future potential CNG gas from the well head. |
You can't get much more confidence than this comment:In order not to delay further it has been decided to test MOU-3 and MOU-1 using conventional perforating guns.The Company is confident that the testing programme will deliver the results necessary to progress commercial negotiations for the offtake of its share of future potential CNG gas from the well head. |
If so then them's the breaks. This is big boy investing. You're either in or out. No blubby tears. if u lose the lot then tough sh1t. |
The force is strong here.
How's the Bollie tight squeeze going?
free stock charts from uk.advfn.com
The band's have stopped tightening (for the moment) and probably cannot get much tighter.
The big 'W' has indicated a 'buy' which has still to play out.
free stock charts from uk.advfn.com
Volume has fallen to a trickle.
Volatility is near zero.
A big move is coming. Up or down.
I'm a £42 person.
But the share price does appear to like circa 11p since the 11p (ELEVEN!) cash raise.
Be careful. |
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