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.

www.chart-breakouts.co.uk have featured it, am i too late? only kidding!! the fun hasn't begun, wait till the first drilling results, they are drilling in a very proven area, boy this is a hotty.

profit taking??
IMO it is more like tree shake... I could be wrong

got problem with MoneyAM real time + L2
can someone please tell me how they doing now

I put an order from Milan (20000 at 5.25) but they are Uselless on AIM :((

thanks

surprisingly wide spread at the moment ..... 50.0 / 52.5

I got the RT + L2 back on.... at last

I haven't recived (yet!!) if my order passed..
I can't see any 20K pices on L2 ... strange....

ciao,

As your order is well above the normal market size for this stock it may not show immediately as it could be reported as a late trade (thats if it has been executed yet)

Ian

thanks Ian

they only managed to buy 5K at 52.31 they say it is the market size
what I can't understand it is why can they fill the order as long as it is within the price ?!?!?
(I had on at 52.50)

Milan they are useless on AIM ...

sorry guys for this O/T.... but at the same time it is an info....

mm short of stock again ?

Any body else finding it hard to buy these on line ? having to ring to buy .

it's often the way to get the best price anyway, as your order can be left with MMs and part filled and be protected at that level until more comes on offer to complete (or not)

You can buy under 50p , another top up on way .

I still can understand why yesterday I didn't get the my order??

good for me I can now buy them cheaper.... :))
(from UK at last!!!)

between yesterday and this morning I top up well (65k at av. 52+/-)

now I can go... birds watching ... :-))

Have updated the header with new aquisitions, will amend valuations when known.

I would expect a further rise today based upon another excellent aquisition by both, Nighthawk and their partner, Running Foxes.

Good news re that ever-increasing portfolio. Good luck to all.

Anybody think these could reach a 1 before xmas ?

.

Next week should bring the sp to mid 50s .

Why ?

We are due drilling updates from their six week programme, but this could still be a couple of weeks away! (so why will the sp go to mid 50's?)