Savannah Petroleum Share Discussion Threads

[honestmarty] 20/4/2018 09:26

Outrageous spread

Bidding 27p for over 100k

[paleje] 20/4/2018 09:23

..and with poo strengthening, a few of the other small oilers just starting to get some attention, those actually in production not just drilling. We're both.

I didn't think the bad will created by AK's clumsiness would last this long but must admit seen it before HUR, AMER, SDX, SOU, plenty more they've all had their ups and downs and when they're down bb's are full of vitriol and when they're up it's all sunshine. Hoping for some of the latter soon.

[honestmarty] 19/4/2018 17:24

I don't know.
The spread and actual prices are completely detached.
I haven't seen anything like it before.
I agree that it it only when someone with big balls decides to take a 3 % stake that we will really know what the MM's have in their cupboards.
1 successful well might not do it, but sign off on the RTO, followed by a positive 7E production Update could do the trick for the second well.

Is there not talk of a Nigerian drill at some point?

[ifthecapfits] 19/4/2018 16:29

One gets the feeling that any material volume would see this push up - hopefully materially.

[honestmarty] 19/4/2018 14:41

What's with the spread?
Are those trades buys or sells?
Not that it really matters with the pish poor volume.

[honestmarty] 19/4/2018 13:21

Hard online bid to take 300k, the MM's want shares.
They will take 200k at a premium 27p.

Hurry up Gingernuts.

[honestmarty] 19/4/2018 12:38

Nice nibbles, but at some point I think we'll see s flurry of buying as the smart money takes a position.

Good to see the price responding

[honestmarty] 18/4/2018 23:19

4 charts above on page, top right, look at the volume part underneath, share price falls wiyhbthd trade

[nen2319] 18/4/2018 21:33

Don’t see any 1.2m trade on LSE or H&L? I see 2 seperate half million buys?

[honestmarty] 18/4/2018 20:57

there is a 1.2 million trade on the chart above??

[nen2319] 18/4/2018 20:16

Which trade are you talking about?

[ifthecapfits] 18/4/2018 16:38

Hmm. That's some sale - if it is indeed a sale.

[honestmarty] 17/4/2018 13:00

I see several people on LSE share my surprise at lack of interest here.
I suspect at some point we will have a flood of buys, and a jump in price.
We are well into the drill at this point.

[honestmarty] 17/4/2018 10:27

The lack of interest is very surprising.

Is the completion of the RTO the problem?

When Gingernuts gets the keys to the castle will the money men finally start taking an interest?

[ifthecapfits] 17/4/2018 10:03

Are we there yet!

[honestmarty] 16/4/2018 12:46

343 free shares for me
Sell 50k
Buy some EME, rinse repeat

Lovely

[honestmarty] 14/4/2018 15:52

14 days into the drill so we could be half way to TD.

We have been logging throughout, so do we have any evidence yet on significant hydrocarbons?

Satellite phones are wonderful, especially in Niger.

A big week coming up, if we see sustained buying pressure the rise could be very dramatic

[rampair] 14/4/2018 13:24

I think that there’s a lot on the line for any investor- it’s our savings and pensions on the line. I suspect that if we get a decent well, all will be well!
One thing we need to remember is that IF the well we’re to be not as expected, we have
at least got a revenue coming in.

[honestmarty] 14/4/2018 10:52

I suspect a greater proportion of my wealth than he has risked.

[buffythebuffoon] 14/4/2018 09:37

He’s put several million dollars of his own money in. How much have you put in?

Buffy

[lithological heterogeneities] 13/4/2018 13:43

still nothing