Solo Oil Share Discussion Threads

[sigora] 15/2/2017 11:59

results are already positive just how positive is what we await

[mickey take] 15/2/2017 11:55

What do people think will be fail value if the results are positive?

[1bonanza] 15/2/2017 10:51

With his predicted 10p we would be :-)

[paulhgreen] 15/2/2017 10:34

we would all be multi millionaires lol

[c31161] 15/2/2017 10:32

DATAIT if had a pound for every prediction you got wrong i wouldn't need the stock market

[datait] 15/2/2017 10:24

news about to drop folks.

[datait] 15/2/2017 09:47

market makers now moving up folks.

[edgein] 15/2/2017 09:39

We're now just a fraction of a penny above when they announced the LWD results.

Regards,
Ed.

[datait] 15/2/2017 09:27

Topped up nicely mm's moving back up shorts closing.

[trt] 15/2/2017 09:16

Chance for a top up I feel.

[1bonanza] 15/2/2017 08:57

Large sells !

[edgein] 15/2/2017 08:31

tmm,

Someone's being hopeful, this morning so far 20 trades and only 2 of them are sells. Don't worry about the mm's adjusting the bid slightly, that's not reflecting the money flow on this at the moment. No wonder folks are boot filling, we're now only a matter of days from another update on this game changing well. I say game changing as NT-1 and NT-2 will most likely justify a development on their own (we'll get imminent test results). Cap here is just £44m for the current 4 discoveries (2 of which are HH/kimmer plays and then the massive Ntorya development). Solo has only started its rise since that inisti sold its shares from the last funding which placed SOLO significantly oversold on its UK assets alone (they're long gone now). Some of us spotted that and boot filled accordingly. Market still not reflecting the best well this jvp has ever drilled given the size of the fan system that its on.

Regards,
Ed.

[113mike] 15/2/2017 08:22

Topped up!

[tmmalik] 15/2/2017 08:18

I think price may go slight below 60 for next 2 days and bounce back on Friday or Monday ,so hold your shares and buy more if your pocket allows.

[skasher094] 14/2/2017 22:24

Assume they still have their German asset also?

[doerx2] 14/2/2017 16:00

Consolidation day today. All those selling will pay more to buy back but each to their own. I personally don't see news next week bwtfdik. Waiting for the proverbial rocket gla.

[millse] 14/2/2017 15:08

Ed, just like I say I only hold a few from years ago, I've not kept upto date here.
I won't be adding more, just will see how things go.

[c31161] 14/2/2017 14:24

Hoping we get an update tomorrow

[jimmmy] 14/2/2017 12:23

.66 bid confirmed, 70's coming

[edgein] 14/2/2017 11:54

GD,

Agreed chap, its a complex situation over there and add in major corruption at all levels and it doesn't make it any easier I guess either. Tanz will be the main focus here for some time to come from the looks of progress to date.

Regards,
Ed.

[jimmmy] 14/2/2017 11:02

when buyers return will go up quickly, mm's not wanting to give away their shares

[edgein] 14/2/2017 10:34

GD,

Oh yeah certainly research is vital and commodity pricing before entering or exiting any stock. Market cap is the most important of all, knowing when something is under price or over priced. You're not doing too badly chap, you've been in this game many a year too and that's saying something.

AEX a bit of profit taking there ahead of flow tests it seems. SOLO have the luxury of a tiny £44m cap given the 4 discoveries here. Imo the UK assets justify about £20-30m of that leaving very little for the large Ntorya discovery. JB quoted a high estimate of 370 Bcf (P10). That was before the well exceeded expectations. So SOLO's 25% here is now material. Flow tests will demonstrate how this well compares to NT-1. It'll be good to see how the share price reacts to both Tanz and UK action this year. Arreton alone could be another company maker/Brockham/HH type asset even though its not on the immediate plans. I'm now kinda hoping that Nigeria doesn't complete, better use of funds in Tanz now.

Regards,
Ed.

[greatfull dead] 14/2/2017 09:55

Ed,

Research and more research is the crucial thing when investing you hard earned money in companies especially those listed on AIM.

That was a mistake I made years ago, I did little research and lost a lot of money. These days I do the best I can. I am in no way in your league or others who do a massive amount of research. Not that I am lazy just learning how to do it better week by week. I was trained as an engineer and had no real idea about geology.

AEX released 2 Price Monitoring Extensions yesterday and IMO its having a negative affect on the share price at the moment. That will not last long IMO.

ATB,
GD

[jimmmy] 14/2/2017 09:08

mm still want ur shares, bid will be back at .66 before lunch I assume