That sell was a rollover? |
Asymmetrical bet here IMO2.5-3p on disappointing results -20-25 on a decent discovery |
Big bear trap coming. |
It is oversold, maybe some action. |
We know the jurassic carbonate has gas bearing zone as it was encountered in mou 4, it was on the edge and down dip to the main target which is updip. Hydrocarbons migrate upwards never downwards.Im confident mou 5 will have value to prd. |
sorry to sound thick, but why can't the smoke be from the site generator? [btw i'm not porters on lse] |
Now THAT is good news!!!! |
Decent volume to start the day
2m |
i will watch what happens here with interest . |
go back to GEX |
Prd actually drill unlike false promises by gex. |
far more likely 2p
Predators other assets are worthless |
Purple gets very cranky if anyone posts anything remotely negatively on the GEX thread ,yet he's able to freely post negatives on other stocks..... |
The force is strong here.
When Mou-4 was drilled and the results were announced on 11 July 2023 the share price fell to the lowest price of the drill the day after, 12 July 2023.
A second update was issued on the 13 July 2023 and the share price subsequently rose to 20p.
That might be why the company wants a "full interpretation" carried out before releasing Mou-5 results.
Shareholders, with weak stomachs, cannot digest "raw" data.
Best if it is processed.
£58.90 and strong.
Be careful. |
There is 30bn worth of helium potential in this structure they are drilling.Gex cant even get license to drill. RoflPurple here ramping gex... rofl |
so what do we have here 2p or 15-20p? |
he isnt. he is a failed fund manager as well. he got into gold stocks just before they collapsed sending the fund into liquidation. anyone who was following him lost all their money.
he is like a snake.it is best not to look his way at all and read nothing he publishes.made some terrible calls in the past.absolutely terrible. |
one poor drilling result here and my 2p target comes into play |
Lets say they dont find massive gas resource but gas similar to mou 3 and mou 4 how will mkt react, the mkt cap is low.It should move up. |
When Novum are involved you can guarantee being flooded with placing shares to below placing price as still making profits including their "fees" They will want to be clear pre result of drill so share price should rebound next week imo - |
The force is strong here.
On the 21 January 2025 I suggested the share price was going down to 4p on the weekly Bollie chart.
The price was 6.05p.
Interestingly the share price has reached 4p and ended up at 3.8p.
Which is the bottom of the current weekly Bollie chart:
free stock charts from uk.advfn.com
In the long term the share price should revisit the upper Bollie currently just under 8p, but the drop to the lower Bollie is not necessarily a signal to buy.
It might be said though that the risk is now to the upside.
Fun and games.
Be careful. |
The force is strong here.
3.8p.
Well look where this has ended up.
What would you expect with Jon Belliss and Novum Securities by your side.
These shares can be shorted as much as you like.
After the "success" of Mou-4 half of the share price was given away to placees in a 90,000,000 share placing at 11p (institutional support touted) with a corresponding fall in share price, from a never to be seen again 20p, to 12p and below.
Sure to happen again in a success case, whatever that may be.
Failure and shareholders might begin to realise how bare the cupboard is.
Be careful. |