Eco (atlantic) Oil & Gas Share Discussion Threads

[davwal] 18/11/2022 11:12

Right now nothing would surprise me!

[davwal] 18/11/2022 11:11

Given Hill has twice stated they need to exit or buy, a move now could well happen. They will certainly have had a plan either to stick or move taking account of a Gazania duster.

[2000tober] 18/11/2022 11:02

Any thoughts on eco being taken out, they could be quite vulnerable, I think AOI could make a move

[pro_s2009] 18/11/2022 10:47

Thats the strong rumours is that its 2 exploration well free carry to farm in - eg they must drill 2 different prospects - cannot be 1 explo and 1 appraisal.

[davwal] 18/11/2022 10:41

We don't know that ECO will get a free carry with 3B/4B. Ricosure as the main holder will presumably be the main seller, if not bought out entirely.

[judijudi] 18/11/2022 10:02

As an EME holder I feel holders pain
But at least your drop isn’t as cataclysmic as EME’s was

[cinoib] 18/11/2022 09:56

OOOUUUCH Pleasd I wasn't holding.

[pro_s2009] 18/11/2022 09:50

Probably 40m to 50m a drill ???......but ECO will be free carried.

The farm out to the SuperMajor will be that they pay for 2 exploration wells.

[goforgold1] 18/11/2022 09:50

O Dear looking like another over ramped CEO at the helm . 95 percent fail as well . Looking like one of the 95 percent this morning Mms hammered this down .

[miti 1000] 18/11/2022 09:44

Pro, any idea what it will cost 3b/4d ?

[davwal] 18/11/2022 09:42

A lot of selling obviously but plenty of buyers taking advantage of the massive drop.

[davwal] 18/11/2022 09:36

With there having been a tendency by the company to big things up, I can't help but feel nervous about the 3B/4B alleged forthcoming farm out. I will therefore be mightily relieved to hear one of the supposed seven interested majors has actually committed.

[gooner1886] 18/11/2022 09:30

Yes and he blokes anyone who calls him out

[mr hangman] 18/11/2022 09:07

I'm still waiting for my 1000 per cent return

[awise355] 18/11/2022 09:06

What got me was his trying to apply the movement of the share price to striking oil. Bit of a tart for doing that.

[pro_s2009] 18/11/2022 08:56

Jamesiebabie, I try to keep it fair and balanced. However I do ban the trolls, which upsets them and which is why you will see lots of comments about me.

The way I look at it, trolls only add noise......nothing else and are best eliminated.

[mr hangman] 18/11/2022 08:56

Pro strikes again

[oakville] 18/11/2022 08:53

Why did they choose 18p at the opening. Did they just toss a coin? Looks to me as though a drop to 25p would have been realistic.

[bocase] 18/11/2022 08:43

If it's any consolation the share price is still above where it was this time last year. The weekly chart shows a rising trend and as Eco still has a portfolio of valuable assets there is no reason why we shouldn't be back to where we were or considerably higher at some stage in 2023.

I see no sense in selling at these levels, only buying for those who can take a six to twelve month view and can stomach the wild ride.