Pre IPO price 4p
Opening price on debut 25p
Floatation price 46p to raise 14million to extend Jolly Ranch
Current fair value estimate 114p
Market cap 70.59 million.
Value of Cisco Springs investments 98 million.
Value of Vogel investments 75 million.
Desparado trucking now Nightfox 250,000 for a 50% stake with partner Running Foxes.
Centurion Project Kansas, 150,000 for a 50% stake.
Jolly Ranch Colorado, 40,000 acres cost 356,000 for a 50% stake.
Cash in bank 7.75 million.

As this EPIC opens on AIM today anything could happen. On the one hand you have traders trying to cash in a sixfold profit. You will also have a clambering of traders after shares because, firstly they could only get 75% of their allocation because of demand. Secondly at 25p this company is still way under valued.

Halifax, haven't seen tescoma ramping this one yet........ may be tomorrow.....
Marni, bought somemore in the 30's...... smiles alround. :))

Out the orifice all day. Now that is a really nice RNS, and how!

Oh look, the sp rose, and stayed there. Now THAT is interesting in itself for anyone REMOTELY paying attention to this share..

Those appearing on the BBs at the end of the day, predictably short, winning Oscars in attempts to beat the sp back - but it hasn't worked, hmmm,...TA looks good, further upside to go, even now IMHO.

Fun to see so many smarmy b'stards that regularly goad HAWK and Bramhill, now eating humble pie, funny as fck. Even the most bleak of very conservative estimates make this nearly a quido just on JR alone. Upside huge.

Let the bobobfcknnobs and novice-tools carp all they want, this is excellent.

I say steady on old bean, ;))

off topic.nostra terra oil and gas/NTOG our latest acquisition. http://www.hewittpetroleum.com/

stick ur head up a badgers bum, tesco

http://www.hewittpetroleum.com/utah.html

some partner for nostra terra oil and gas/ntog.considering a mkt cap of 1.87m

What this company need to do is to increase production....but a further increase in the sp looks set to come...

Tescoma...stop being a nuisance...put the blogs on the proper thread..thank you...

ok rf just trying too show how undervalued NTOG are with a big player as a partner.

for christs's sake just piss off and ramp elsewhere instead of clogging up space here

New your forked tongue would sort him out..

thought he might understand some basic anglo-saxon ..... as my biz partner has often remarked, i'll never be misunderstood!

looks like the T20 brigade are going to get stung on this one - remember the old adage 'buy on rumour - sell on news "

Well nord - heres the news and its good imo.

Would have thought 10 - 20p nailed on certainty over the next month or so, now that the placing has been leaked/completed.

more like the next day or so if BB sentiment is anything to go by - many feel this is a sure thing now that funding is sorted.

certainly going to be less volatile, hopefully less mobbing in and exoduses-out by the trader fraternity.

we'll see eh? either way I feel much better now.

Hanson Westhouse stockbroker has raised its net asset value from 102p per share to a staggering 268p per share guys--upwards and onwards we go!!--LOL--still a screaming BUY at under 60p!!

esp at under 40p!! like last friday

blueface - with a net asset value of 268p per share, why would your cut-off point for a screaming buy be at 60p ?

A lot more buyers yet again today - volume not as high though, these little beauties are my retirement fund. Or they get sold when a big player enters the scene - which I cant honestly see ,not,being that far off. Happy Days