Rocketing this morning on a superb upgrade !...

RF - price of crude is unlikely to affect this sort of spiv stock ..... it's pure fear and greed until such a time as there is the promised report

ooohhh...you do know how to talk to young ladies Cynic...seriously...the sp is now quite reasonable and a buy now would not be a folly !......one well flowed 1300 barrels...not to be forgotten...

If is of any help, some retracement figures made yesterday........

retracement short term

..

longer term chart

Crikey mentor...you don't half study it !....I'm surprised this is not above 7p....

Well..I'm going to have to rejoin the real world now....back later...

RF - glad you won't be investing my money :-)

I wouldn't put the mortgage on this Cynic....

just work out how much you're prepared to lose

From the last RNS
"The Company is currently mobilising equipment to perforate and flow test a total combined 900 ft of the Kimmeridge section, beginning with the deepest reservoir zones. Permissions from the Oil and Gas Authority, Environmental Authority and West Sussex County Council are in place, final consent from the Health and Safety Executive is expected in due course."
I may be wrong but should we be seeing an RNS regarding Health and Safety Executive consent before flow testing is commenced? If so we will not be seeing a flow test RNS today!
Did a quick in/out trade, a bit reluctant to leave any more in at present.

According to the great unwashed on other b/boards, the flow test results are most likely to hit the press around Wed next week. Not sure how accurate that will be, but that seems to be the consensus.

So..some positivity....good....noticed a little recovery sp wise from this mornings slump....

That was a short working day rf!!!
Couldn't keep away from the action eh? ;o)

Just a quick break back here....busy with other things...glad to see you're a believer Scully...euhh sorry ..I mean... Harrycat...

Seems to be resistance at 6.4...if it could get past that ...might jump to 7....anyway ..crude is slowly rising which helps....

We need some more positive vibes here......

Weekend coming up and also August holiday mood.

Well it looks like I'm in until flow results are out....can't say I'm in up to my neck ..no...but in up to just about my arse ..yes.....there's oil there....900ft of it apparently...that's quite sizeable of a testing zone...

as long as you're prepared to lose 50/75% of your money, then perhaps not a bad gamble

hang on...even if the result is poor...I'll stick it out...horsehill was a good result I gather....the upside here is perhaps as high as the upper teens if they get more than a thousand barrels per day...there is a way to spy on this and that is to count the number of tankers coming and going to this well....take your best girlfriend along...sandwiches...a tent...binoculars....nice weekend...tell her : it's a surprise weekend dear...she'll love you to bits I'm sure...

Which is fine if you live in the neighbourhood. ....you have to say 'partner' now rf....apparently.