Reviewing my situation Short here also?
Reviewing my situation ECHO… XXXX This fell further to 9.35p by the 11th October , bit of talking up on lse after 7am RNS. Opened up 5.5 % with a spread of 8 %
Two RNSs today I think you will find the reason why the share price has dropped is because things are not moving ahead. It sounds like problems down below and running out of cash.
Two RNSs today Things really moving ahead now. Shame the sp has dropped recently. At least we may get back to mid teens now
Reviewing my situation ECHO… XXXXXX Topped up on recent lows set limit 10.84p ( wouldn’t let enter 10.85 ) lifted @ 10.8p Jan also lifted same minit maybe all small miners down. Big ones like S32 and Glen where up first thing .
Interims out Someone’s tuned in …+8% this morning. More news afoot? TP
Interims out May be the answer TRG, Argy problems don’t seem to be improving and that is a real drag on sentiment. Peeps are reluctant to invest in a company operating in uncertain political situations. But the company and its operations are sound ). And further results are due soon so it’s a really good buying opportunity. Remember ECHO have operations in other countries too. Good luck TP
Interims out I’m accumulating below 12p. Can’t see why this is so cheap, other than the ‘country’ issue.
Reviewing my situation ECHO… XXXXX last posted here 19th December 2017 .
Interims out agreed,and the fall in share price looks way overdone!
Interims out Possibly, M, but at 1/1.30 it works out at $3.74m so, depends on xchange rate they used. Whatever. Prospects are good and work schedule very interesting. Watch this space. TP
Interims out could be that the 2 x $2.1m is translated to revenue of 2.88m in pounds.
Interims out Excellent progress over this half. Must admit I’m a bit confused by headline claims for revenues of $2.1m oil and the same for gas whereas the figures show total revenue of only $2.8m. Any ideas as to why this discrepancy?? TP
Currency and sales Good news on the currency front coupled with $1m of sales. Very reassuring, given the political situation and Peso problems. Just need more success with the drillbit now. TP
Testing 1004 Mixed success on recently tested well 1004. Some technical issues and more work to be done (hydraulic stimulation) to prove commerciality. TP