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.

How what has he said?

Shareholders expressed surprise at the Jolly Ranch project's low production figures of 150 barrels of oil per day, after Nighthawk had previously hailed the Colorado-based project as a "world-class asset".

That what he said.

might just keep my car in petrol for a year, and hyleo is right

cynic you must have a "Roller".

oh a Royce you mean! .... not sporty enough for me

cynics saving up to buy Kate an electric car from TAN....... electric drive not too electrify..... though there's a thought....

a broomstick will suit her and marni-bitch very well, preferably an ill-behaved one as in the Harry Potter films

lol..:))

Bought in this morning...2010 could be the year this really takes off? (imho)

HAWK has no power to fly, seems to crash all the time.

knowing my luck your probably right.. but I'll give HAWK a try..been watching this for a long time and have decided to go in...as a small time punt!

could do with you being right on this one.... hlyeo98...

you don't know which way he's jumping!

knowing my luck.... the wrong way..lol happy new trading year to you cynic..

I really love to see HAWK fly but it keeps failing at 45p - I think it's down to bad management.

the management always implies at least one extra zero when describing finds or production ..... it's called self-serving massage

I would like to see shareholders forcing David Bramhill out of management.

HAWK plans to drill 20 wells this year and there is a likelihood that may be re-rated. It may have an advantage that it has 4 million dollar cash in the bank.

won't last long if DB needs a new suit or two!