I think the only thing that happened last week were buyers coming in and taking advantage of the low prices when most of the MM's were away on holiday so they did not have the opportunity to re-trace the share. They are back at work this week, so we are back to the pre year end trend. As soon as they announce something on A6 even if the status of drilling through the salt layer, should give enough impetus to move this price upwards. Any progress on thinning or removing the mud in 801 or A5, will similarly give the price a step change. Work on site will have continued throughout the xmas period and so there should be much to report on the status of these events already. No doubt will be waiting for those at the top to get back from the new year celebrations, before the RNS is written.
Just signed up for this but am not sure how the system works
so flawlessK you can't see this ?
Could someone confirm if they can see this comment
Re: On the up Yes nice increase in the sp, can only guess that there has been good progress/results regarding the testing of A5 or 801, hopefully both, and that news has leaked out and a few have piled in before the official announcement.Perhaps good news RNS on the way.IMHO
On the up Two strong days and it looks like ROXI will end 2015 in slightly more respective territory. Any ideas why?
Re: Boom Time!! Just be nice if the wells were as clean as they should be.Reminds me of my kids cleaning their bedrooms!Think the continued flow of poor news on the deep wells has rather blanketed the steady flow information on the shallow wells, to th opverall detriment of the SP.If only we didn't keep finding dense fluids shoved under the bed, rugs, wardrobes....
Boom Time!! good update, 2000 BPD will be the start, next year should see Roxi ramp up production , GLA LTH a much better update today, looking forward to a nice rise today.
Re: Great Update I'm getting old waiting for RXP and GKP, my grand kids are more likely to collect on these?
Re: Great Update great downward rise ?
Re: Great Update To be honest, I am not impressed at all,,, this is pishpoor so far and the near reservoir/skin damage might take so sorting out....a true test could be really impeded, meaning getting a true result for these intervals might not be possible until they drill a CLEAN well & test.. dropped my holding first thing this morning as this performance is just not good enough at all....
Re: Great Update It seems drilling below the salt is as tough for Roxi as it was for Max.Will it flow? Will it flow at high enough rates to justify expensive drilling?When will this information ever arrive?
Re: Hmmm,, pos buying this morning,,, not at 07.00 sadly
Hmmm,, pos buying this morning,,, Looks like leaky ship and info getting out relevant to the number of buys this morning.... news due tomorrow hopefully..P2G
Re: Great Update took a few more this week, into my Sipp for future profits, ?GLA LTH its been a good week generally all round, lots of bargains out there, are we beginning to see a recovery play? oil and mineral sectors