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s28 said:
Is that volume in RRL today an error ?
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No ..... There was a strange rns today, basically saying we know reason for the decline in SP. Updates on way.

Then the volume picked up thereafter.

Can you explain why the sp goes down when 90% reported buys in a day. Its been happening to range, sea of buys and sp hardly moves, a tiny sell and the price moves down.
 
Probably some order being done in the background and warehoused by the Brokers carrying out the instruction on behalf of their client until the order is complete ?

The other thing is that many of the buys and sells aren't actually just buys and sells they match over time so it is just the system identifying them wrongly. Usually most of the systems are just dumb software systems and thus guessing/estimating whether a particular trade at a particular time is a Buy or sell based on the quoted spread at the time.

In the case of RRL I would suspect some of both. Maybe they are doing a SEDA and thus the seller will only notify the trade after all their aggregate order is complete which could take days but the individual buy orders are reported in real time.
 
Interesting news.

From today's Sunday times

EXXON MOBIL is considering taking part in Britain’s shale gas revolution. The world’s largest oil group has entered talks to buy a stake in the Bowland shale project in Lancashire, owned by IGas, the London-listed developer.

The interest of the $400bn (£245bn) Exxon will be a boost to the government, which last week lifted an 18-month ban on fracking, the controversial method used to extract gas locked in underground rock formations. The freeze was imposed after drilling by Cuadrilla Resources, a privately held rival, caused two small earth tremors near Blackpool.

IGas launched a search this summer for a partner to help it develop the Bowland project. It is understood that Shell, Total of France and Norway’s Statoil are also considering bids.
 
EOG's existing onshore licences cover many areas of the Bowland shale so they look in pole position should their Management ever decide to tell anybody about it.
 
Not bad move. This is a $180m company with big stake in Cuadrilla.

Shares in AJ Lucas Group Ltd have continued their recent form, soaring in the wake of a decision by the United Kingdom government to allow fracking to resume in the country.

AJ Lucas shares closed 53.85 per cent higher at $1.40, against a benchmark index fall of 0.21 per cent.

The rise comes after the stock rose over 25 per cent last week immediately after the ruling.
 
RRL - pretty sure that was meant to be good news ?

Not very promising if it is getting sold off on 'good' news. Landau looks like he is losing his promotional mojo ?
 
s28 said:
RRL - pretty sure that was meant to be good news ?

Not very promising if it is getting sold off on 'good' news. Landau looks like he is losing his promotional mojo ?
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He is a lying Kutta. More jam tomorrow *****.

Drilled only 3700 ft out of 6500 for the deeper well and nearly 4 months gone, bunch of useless numb nuts.

There is a theory that he does not want to hand out 17 million shares to previous TT owners as they expire 31 Dec 2012. The target was 1250 bopd and they get the shares. It stands at 1150 currently.
 
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Great RNS this morning. Perfect storm of great chart and great fundamentals and newsflow catalyst.

Could just keep going.

30m cap but NPV 300m+

I'll wait for a retrace now though
 
EOG shale gas, INFA drilling, TYM Fluorspar resource all look ready to go at any moment.

Certainly expect shale gas plays to feature as new year share tips
 
ACTA nervous of placing but that is looking a great chart and has ability to go nuts
 
s28 said:
EOG shale gas, INFA drilling, TYM Fluorspar resource all look ready to go at any moment.

Certainly expect shale gas plays to feature as new year share tips
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Certainly hope EOG do something soon - the SP has been flopping over the last month, rather needs some attention!

LRL a bit of a disappointment, though not sure what 'stimulation' might add to the cost of the well. Anyone else watching that one?

Also CEY seems like an interesting yet almost comical play with different news hitting this company almost every other day last week.
 
GCM Resources AGM today.

Several encouraging updates emanating from the statement.

1. These guys are proper professionals who intend to be around for the long term life of the projects, thus they will ensure the right processes are followed and the project meets all the highest standards required of them.Very open to discussion with any and all critics. Although despite repeated invitations none of their critics seem interested in talking to them or addressing the facts at issue.

2. Interestingly on the main substantive sticking point that the notorious 'Energy Adviser' to the Prime Minister seems keen to keep bringing up i.e. issue of the water table they have all the answers. The project should not just use water but will provide the locals with clean water. No less than 27 studies have been done on the water aspect alone. Many of these by Bangladeshi experts/consultants. Water management is not beyond the wit of modern engineering to solve.

3. First time I have seen them mention trying to organise a direct meeting with Sheikh Hasina. She is 'Power Minister'. Given that the 'monkey' is a 'monkey' time to talk to the organ grinder.

4. Encouraging they have others wanting to JV/invest in the project but ultimately only thing that matters is the Scheme of Development being approved and that is down to one person Hasina (unless and until she is voted out next year).

Bangladesh really is in a hole. They need to start digging.
 
Start giving massive kick backs.... That is what they are looking for!

Or give stock to her cronies.
 
No way. Once you start paying a blackmailer that is just the start. GCM are quite right to stay clean.
 
The problems Bangladesh are having with the World Bank with Padma Bridge financing are testament to that.

I doubt private capital will want to invest in such Countries.

GCM need to get on board the likes of IDB / ADB and maybe some Arab SWF (Sovereign Wealth Fund) who could apply some moral suasion to the Bangladeshi Government. It makes sense for the Arab SWF's because otherwise they just get Bangladesh coming to them to beg for cheap/subsidised oil.

Re : giving her cronies shares, in a more elegant and legal manner GCM are publically offering Bangladesh Government 10% of the project. Again that is the right way to go. It should put public pressure on Government to at least negotiate/come to the table.

Remember as Holden made the point yesterday the Bangladesh Government and Energy Adviser Tawfiq Chowdry are under immense pressure themselves. They have failed in their term of office to provide power at reasonable cost and the problems are going to get worse. They have one year left before next elections. Clock is ticking for them worse than GCM.
 
7 years and no movement in mining. You have to ask why?

Trouble with countries like Bangladesh is that the party in Government will not move to do anything unless its coffers are filled first.

The public is largely ignorant and will be swayed by the party activists on the ground. Fill their coffers and see how quickly they go from negative to positive.
 
7 years and no movement in mining. You have to ask why?

Trouble with countries like Bangladesh is that the party in Government will not move to do anything unless its coffers are filled first.

The public is largely ignorant and will be swayed by the party activists on the ground. Fill their coffers and see how quickly they go from negative to positive.
 
Having worked in a shithole like Pakistan for a few years, I have to reluctantly agree with EE. 'Commission' payments are a necessary evil, and there is no way around this - no matter how noble your intentions, or how well connected you think you may be.
 
No. Doubt the guys going to prison at that Canadian company involved with Padma agree. They are going to pay twice over now.

For a major world class resource infrastructure project you don't mess around as it will come under international scrutiny. Ultimately when Bangladesh go begging for money again it'll be the World Bank etc calling the shots. It's a poker game and ultimately GCM and World Bank hold the cards because election / looting term of office is limited.
 
I'll give you an example of Somalia Puntland... The private company (Consort) that got the rights for oil ended up giving shares to the great and good in Puntland. Some were put on the board even.

Range then bought the rights from that company with cash upfront and shares when they have drilled wells. Range recently had to issue 50 million shares to them and ironically, they are the big seller at the moment driving the price down.... barstewards!

Even Range gave 5 million shares to the previous prime minister, who untill recently was on the top 20 share register.

The point is, in these countries unless you give personal benefits to people incharge, you will not get anywhere.
 
No doubt for low quality projects in low quality jurisdictions swapping licences for shares in Western listed entities can be done and and is a nice way for the corrupt/not so corrupt to recycle money away from prying hands in their own country.

I maintain it's not the way serious business people operate. GCM guys are serious business people. Gerard Holden was head of mining finance at Barclays and left that role to join GCM. GCM's brokers are blueblooded pukka Cazenove. The project will be a 35 year project and live under different Governments. There is no quick fix. Any Government could renege on a corrupt illegal agreement entered into by a previous Government. That would make any such agreement worthless. It all needs to be done and seen to be done above board.
 
s28 said:
No doubt for low quality projects in low quality jurisdictions swapping licences for shares in Western listed entities can be done and and is a nice way for the corrupt/not so corrupt to recycle money away from prying hands in their own country.

I maintain it's not the way serious business people operate. GCM guys are serious business people. Gerard Holden was head of mining finance at Barclays and left that role to join GCM. GCM's brokers are blueblooded pukka Cazenove. The project will be a 35 year project and live under different Governments. There is no quick fix. Any Government could renege on a corrupt illegal agreement entered into by a previous Government. That would make any such agreement worthless. It all needs to be done and seen to be done above board.
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I agree, nobody wants to go down this route. But it is naive to think it does not go on elsewhere.

Remember the famous BAE systems bribery case, which was brought to a sudden close by Blair on the grounds of national security. So the British tacitly approves of bribes to sell arms.


It happens everywhere, though its more sophisticated and under hand in the west. Whereas in countries like Bangladesh and Pakistan its lot more brazen. The way its done is by giving everyone something so that even if the parties change, your interests are looked after.

Now the question for GCM is what else can they do to get the project off the ground, if not by the "incentive" method?
 
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The project is progressing in the background. The share price does not reflect that which is why many shareholders are getting antsy (if that is a word and not just some made up Yank nonsense).

The long awaited Coal Policy has been 'approved'. A group of experts have said that Phulbari open pit is the only coal resource ready to be mined or viable in Bangladesh. The Government are engaging with the Company subseqent to this by allowing GCM to conduct surveys of the area. There are further studies to be done on water modelling/hydrology.

In the background the Power Development Board who seem to be on side and promoters of GCM are developing coal powered power station JV's with Indian / Malaysian / Chinese partners. It will thus become a fait accompli that Bangladesh has power stations requiring coal.
 
Tethys petroleum... manages to bring in Total and the Chinese!

Went and touched the 200 day sma !

up 35% today
 
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TPL that looks a very good deal bringing in the Chinese alongside helps with political risk and confirms economic potential
 
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s28 said:
TYM can not understand why this is still at 6-7p makes we wonder if there is a SEDA being done in the background

Would figure and fair enough he needs to get some funds in to accelerate drilling programme and prove up this resource which should add considerable value and it'll take less time and less of a discount than a placing.
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Called this. Couldn't understand why is wasn't going up more. They managed to get a paltry SEDA away but it should fund initial resource definition.

I expect this to get tipped for 2013.

Bulford had it as a buy to 15p with 25p target prior to the US resource being discovered. I think US resource justifies doubling of those figures.
 
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TYM - I am hoping for it go down even more. I think this could be the share of 2013, if the story plays out right.
 
It is that time of the year where Newpapers and Investment tipsheets come out with their share tips for the next year. So I thought I'd give my tips of what might get tipped.

January also tends to see a 'small cap rally' as investor risk appetite increases.

Most of the big global macroeconomic issues of 2011-12 seem to be addressed going into 2013 which should provide a more favourable environment. e.g. US jobless recovery, EU sovereign debt default, Chinese soft landing turning into a hard landing.

On the economically sensitive front with China's growth looking to resume the early warning indicators in the commodity space tend to be Copper and Iron ore.

AYM - Anglesey Mining looks a reasonable play on iron ore price recovery and has been a favourite of the tipster community for last few years. Traded as high as 35p last year currently 8p. Much of the Market Capitalisation of the company is covered by their holding in Toronto listed Labrador Iron Mines (TSX: LIM). That is a producing iron ore mine. They were struggling recently at $80/tonne iron ore prices but spot prices on world market have been as high as $130/tonne recently which makes it profitable. And they did a $30m fundraising recently so should be funded. In addition to their holding in LIM, AYM also have their own metals project on Anglesey which looks like it could progress this year.

The chart looks like it is forming a nice base after a medium term downtrend and so downside looks limited whilst upside could be multiples of the current price.

big.chart
 
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The Gold price at the moment suggests little fear of 'fiscal cliff' fall out but one gold junior which looks like it may be interesting for 2013 is AME (African Mining and Exploration).

The Company is exploring for gold in Mali. Mali is where the great Muslim emperor Mansu Musa ruled in the 14th Century and he was reputedly the richest person in World history on the back of the gold in his Kingdom.

http://www.independent.co.uk/news/w...chest-human-being-in-all-history-8213453.html

Mali is currently in the grip of something akin to a civil war but AME is valued at c.£3m and has c.£2m of cash to pursue its exploration targets for the next year or so. Thus it's work to date and the licences are being valued at only c.£1m. However should they find anything resembling a commercial gold resource the value should be multiples of that value. The Company came to the market in late 2010 and traded as high as 20p in early 2011. At the current 3p it looks too cheap for the potential.

There is a 30 minute interview here with the CEO and he seems to be a conservative and sensible chap worth backing.

http://www.miningmaven.com/companie...xploration-interview-with-the-ceo-mark-jones/

Once again the chart appears to show it has formed a decent basing pattern and downside from here should be limited.

big.chart
 
Many of the well known metals and commodities (copper, nickel,coal, iron ore etc) have not performed well over the last couple of years after strong runs in 2009/10.

I am expecting some of the less well known commodities which managed to perform relatively well to continue to outperform. Especially ones where China is going to move from net exporter to net importer and which are strategically important to the West.

Two such commodities are Graphite and Fluorspar. The best plays on those commodities are ones I've talked about plenty in the preceding pages. For Graphite the best play looks to be RLD (Richland Resources) and for Fluorspar TYM (Tertiary Minerals).

RLD is mainly a Tanzanite miner but has an old Graphite mine in its licence area and rehabilitation of this could be a big value driver. Directors have bought recently and the stock has fallen from as high as 60p in recent years to the current 5p.

TYM has several strategically placed Fluorspar deposits in Europe but the recent discovery of a potentially world class project in the US (who are nervous about China controlling fluorspar market ) could be transformational but has had limited impact on the share price so far. TYM has been tipped before with price targets of 30p before the US news. From current 6p it looks to have potential to go on a run once the potential is recognised by the wider market.
 
Finally I expect lots of fuss over Shale Gas in the UK during 2013. I don't beleive it will be the panacea it is painted as but it could cause lots of investor speculation and EOG has other conventional strings to its bow which are currently not being appropriately valued in the share price. The unconventional shale gas potential represents additional option value.

So my 5 tips for stocks that could be tipped in the coming weeks are

AYM, AME, TYM, RLD, EOG
 
BAO

have been asked offline to give my opinion on BAO.

Not been a big fan of iron ore. My misgivings mainly due to the sheer number of juniors developing projects in Africa where the real project value will be determined by infrastructure considerations (e.g. rail to ports and then port capacity etc) as well as the usual pertinent metrics for any junior developing a resource.

In addition at the margin I believe growth in iron ore demand will reduce somewhat due to substitution e.g increased use of aluminium/carbon fibre in cars rather than steel

http://www.cambridge-news.co.uk/Dri...l-the-end-for-cars-made-of-steel-30112012.htm

Having said that as I point out above iron ore prices in the short term are improving and major world economics bottoming out so having some exposure to economically sensitive commodities makes sense.

BAO is in a decent geography with neighbours having been bought out by Mining Majors so it could easily be one of the juniors which once it establishes a decent resource will get gobbled up by a major.

On the technical trading front medium term picture looks good with a solid breakout above 50 and 200 day MA's. One thing I would caution on is that the initial move has been quite sharp and thus would expect to see some consolidation/retrace before any further move. In addition as the upcoming PFS is being flagged so aggressively as a 'catalyst' in the tipping media it may act as a turning point rather than a springboard to further moves.

MACD and RSI short term look a bit overbought and the stock has rallied right into resistance.

Just had a quick read of the recent Final Results statement.They do have some outstanding dilution from a EFF with Duchess and warrants at 12p which may argue for a further dampening effect in coming months.

big.chart


big.chart
 
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GCM

With regards to earlier discussion about 'when in Rome do as the Romans'...

The Canadian firm which tried to do that in Bangladesh is in all sorts of trouble now in Canada !

snc-rcmp-raid-665.jpg


http://retasite.files.wordpress.com...ey-by-making-friends-snc-lavalin-altalink.pdf

"Bangladesh

SNC-Lavalin offices in Canada were raided this past September after police received a tip from the World Bank about potential issues associated with the company’s involvement with the Padma Bridge Project in Bangladesh.26 Here’s what allegedly happened – in April of last year, the World Bank agreed to lend $1.2 billion to Bangladesh to build a bridge which would play a key role connecting the country’s undeveloped south with the country’s capital and it’s main port.27 (The World Bank was leading a consortium, prepared to provide about $3 billion in total).28 However, a few months later, the World Bank became aware of significant potential corruption concerns associated with the pre-bidding process for the contract to build the bridge.29 Many of the details are still unknown, but the World Bank provided the RCMP with a tip which led to the raid on SNC-Lavalin offices.30 The vital Padma Bridge Project is on hold, and the RCMP have yet to offer further details publically as to the status of their investigation.31
 
Unfortunately it is Western companies like SNC-Lavalin who have no doubt been part of the problem for GCM. By giving bribes it just encourages that behaviour to persist and the thievery to increase as everyone tries to get their snouts in the trough. Ultimately Hasina and her vile/incompetent ministers will have to answer for their crimes either in the Courts, at the ballot box or if situation becomes too bad at the hands of mob during an 'Arab Spring'.
 
GCM

<iframe width="420" height="315" src="http://www.youtube.com/embed/mQGKKgvb5z4" frameborder="0" allowfullscreen></iframe>
 
GCM

Refreshing to see this. GCM becoming really active in the Bangladesh media to directly and quickly confront any lies being put out by the small but vocal anti-mining brigade.

http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMTJfMjZfMTJfMV8xXzE1NDQyMA==

No adverse effect of open-pit mining on Phulbari : GCM

Published : Wednesday, 26 December 2012

Nizam Ahmed

The London-based Global Coal Management (GCM) Resources Plc claimed on Tuesday that the aquifers at the proposed Phulbari coalmine and the adjoining areas would not be disturbed in the process of open-pit mining for the primary fuel.
 
S28 whats your opinion on the upside of EOG? (I've read your previous posts on it and am hopeful as you are) - I was considering getting out, but looked at what happened with TPL recently (I got in and sold at about 29p and then it soared!)

Been researching into GCM (again read your posts) - only thing I can't work out is what have they been doing since the proposal landed with the government? It seems a little strange that the only thing holding them back is little miss Hasina....?

Best regards to all for 2013 :)

On a side note last month when easyjet soared in a morning, I could have been on the right side of some decent profit, only my buy order was with a limit (my bad!) and since the open surpassed my limit - it didn't execute!! - won't be making that mistake again! Lol
 
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Fundamental upside within 12 months looks to be 50-100%.

10p should be backed by current 200 bopd production.
They have stated each of the 3 conventional near term drillable prospects (Wressle, Broughton and Holmwood) could each add value of 10p per share. So assuming only one of those 1 in 3 CoS prospects comes off a valuation of 15-20p seems in order.

Irish Atlantic Margin and Shale could add anything on top.
 
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Graphene

http://uk.finance.yahoo.com/news/government-funds-research-prize-winning-092854215.html


The Government is to invest £21.5m in the development and commercialisation of graphene, a new material that is predicted to start a wave of industrial developments.

The cash will go towards research projects identified by the Engineering (Milan: ENG.MI - news) and Physical Sciences Research Council. These include £12m towards research into graphene flexible electronics and optoelectronics such as touch screens at Cambridge University.

London's Imperial College will receive over £4.5m to investigate aerospace applications of graphene, working with a number of industrial partners including Airbus (Paris: NL0000235190 - news) .

The development of grahene was marked by the award of the 2010 Nobel Prize in Physics.

Chancellor of the Exchequer, George Osborne, said: "The Government moved quickly and decisively to make sure this Nobel Prize winning technology invented here in the UK, was also developed here. It's exactly what our commitment to science and a proactive industrial strategy is all about - and we've beat off strong global competition."

The cash is designed to help Britain lead the world not just in the development of graphene, but in its commercialisation, an area the country is often perceived as being weak in.

"Now I am glad to announce investment that will help take it from the British laboratory to the British factory floor," said Mr Osborne. "This shows that even in tough times we are investing in science which is vital to helping the UK get ahead in the global race."

Graphene has been tipped as the material of the future. It is the one of the thinnest, lightest, strongest and most conductive materials known to man. It can be used in electronics, energy generation and telecommunications.

Other projects earmarked to receive funding include those at Durham University, the University of Manchester, the University of Exeter and Royal Holloway. The universities will be working with industrial partners such as Nokia (Stockholm: NOKI-SEK.ST - news) , BAE Systems (LSE: BA.L - news) , Procter & Gamble (NYSE: PG - news) , Qinetiq, Rolls-Royce, Dyson, Sharp and Philips Research. The company's are due to invest another £12m in the research

Minister for Universities and Science David Willetts said: "Scientists at the University of Manchester won the Nobel Prize for the discovery of graphene. It's now vital we harness the excellent research taking place in our world class institutions to exploit the commercial potential of this astonishing material."
 
Bought small punts in AME and IRG. Nothing substantive just hunch.

AME could get some relief if Mali calms down.
IRG afflicted by a seller so could bounce in New Year if it is a fund selling for end of year 'window dressing'.
 
Amc up 40% today not sure why as they still have not got the anticipated licence.
 
RLD - in small at present awaiting resolution of Government talks/stake issue and some positive intent on graphite project

But nice to see Director buying and many of the Directors bought at 11 odd
 
I hope they do something soon. On a different note, might I ask you guys what trading platform you use? I started out not so long ago, and am using HSBC's Invest Direct.

Also had Shareprice as the app for monitoring - but they seem to have taken the realtime prices away, now has a 15 minute delay? :(

comments welcomed.
 
Onetwentie said:
I hope they do something soon. On a different note, might I ask you guys what trading platform you use? I started out not so long ago, and am using HSBC's Invest Direct.

Also had Shareprice as the app for monitoring - but they seem to have taken the realtime prices away, now has a 15 minute delay? :(

comments welcomed.
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My shares are mainly through hsbc like you. I have accounts with jarvis and simplystockbrokers. Have leveraged accounts as well with various providers.

You can get live prices from moneyam.com, its free to register.
 
EOG

http://resourceinsight.co.uk/index.php/2012/12/28/interview-with-hugh-mackay-ceo-of-europa-oil-gas/


Interview with Hugh Mackay, CEO of Europa Oil & Gas

Posted on December 28, 2012


With assets in the UK, France and Ireland, AIM-quoted E&P company Europa Oil & Gas enters 2013 with development plans across its portfolio. Work to boost UK production should see at least one new well, while activity in France and Ireland offer the possibility of intriguing and potentially lucrative new prospects.

About this interview

Word Count 1,498 words
Date of interview (18 December 2012)
Hugh Mackay, CEO of Europa Oil & Gas plc
Questions we asked:
•Hugh, Europa’s UK production operations deliver around 200 boepd, which covers your corporate costs and contributes towards exploration. With new exploration drilling scheduled for this year, how important is it that you keep nurturing that UK E&P business?
•You are applying to the High Court to overturn the appeal decision regarding proposed drilling at Holmwood. When might we hear about that – and why do you regard Holmwood as important?
•What are the implications for Europa of the UK government’s recent decision to lift the ban on shale gas development using fracking? Does it change the way you view your portfolio?
•In France, the Béarn des Gaves / Berenx gas project is arguably the nearest term, high impact project that you have got in your portfolio. What’s the timetable in terms of getting that permit renewal ratified by regulators?
•What are the differences between the shallow and deeper gas plays on the licence in terms of the comparative risks, costs and potential?
•What planning and drilling schedules do you expect to see at Berenx?
•In Ireland, Europa has got licensing options in a major region of interest for the industry, the Porcupine basin. Of the two main prospects identified, you have issued an impressive resource estimate for Mullen. When might we hear about Kiernan?
•There are other players operating – and soon to be drilling – in the Porcupine basin. How useful is that to you?
•What sort of timescales might be involved in working up your data inIrelandand progressing that side of the business?
•Is there a chance thatIrelandcould become the priority overFrance?
•Europa has some committed and enthusiastic private shareholders. One view seems to be that 2012 was a pretty good year for Europa and that 2013 could be even better. Would you agree with that?
•Of all the projects and interests in the Europa portfolio, what excites you the most?
 
INFA

Sunday Times Tip for 2013

Sunday Times 30/12/2012

Danny Fortson: Infrastrata

A year ago when I tipped Essar Energy, I warned that, “this one is risky”. How right I was. Rather than flee to a boring yet reliable choice for 2013, I am doubling down on another “risky one”, a little company called Infrastrata.The chances are you have never heard of this AIM-listed group: its market value is just £8m. Yet this could be its year. Really.Its biggest asset is the Islandmagee gas storage project in Northern Ireland. Early this year BP agreed to fund an appraisal well to examine whether underground salt caverns at the site are suitable for gas storage. The survey is scheduled for early 2013. If successful, BP has the right to buy a majority stake in Islandmagee.Hopes are high, especially within the context of the government’s renewed love affair with natural gas and its desperate hunt for more domestic storage capacity, which is among the lowest in Europe.Infrastrata also plans to drill for oil in a 663 square kilometre area of Northern Ireland over which it has the rights. Two seismic surveys have detected promising underground formations that were not visible with the technology available in 1971, the last time an oil well was sunk in the area. Infrastrata also has plans to drill for gas in a licensed area off the Dorset coast.The company has enough cash on the books — £1.8m — to fund the above. If any of it comes good, bet on Infrastrata’s shares, which closed the year at 9.25p, to soar. I wouldn’t bet my retirement on the tiddler, but it’s worth a punt
 
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Nice to see it tipped and hardly a mention of it having licence area right next to the biggest onshore European oil field with 500m bbl
 
INFA

Hope it's not a one day wonder just because it was tipped. I do think they have lots of newsflow due and I think people will sit up and take notice of a micro-cap such as this where BP has a major strategic interest in one of its projects. I think it could easily be valued closer to 50p per share judging by the chart.

p.php
p.php


hmm maybe even 100p?

p.php
 
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Iron ore plays seem to be back with a bang. AFF and BAO have moved.

I like the look of AYM and FCR. Others popular with traders are BEM.
 
PVCS - said they would update on cash return Q2
INFA - expecting lots of newsflow but would not buy the spike today
IRG - partly think it could be a end of year overhang play so might move in next week if it doesn't play out further newsflow uncertain
TYM - probably strongest play on fundamentals, technicals and newsflow right now
AYM - not sure of newsflow but iron ore in favour and chart looks great
GCM - overhang play to some extent but I'd expect newflow in next few months on 'water studies' / meeting with Hasina.

and don't forget EOG ! that has so many potential catalysts and value drivers
 
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Great call on INFA mate.

Onetwentie I'd also throw WTI into the mix as one with lots of short term potential, especially with regards to news flow.
 
The guy who has tipped INFA knows his way around the oil and gas sector and I suspect any good news they have in coming months will be trumpeted regularly in the Times. It was 400p a few years back just on it's Portland Gas Storage project (which is on backburner now until Government announce Gas Storage investent incentives in Spring ?) but now it has that in addition to Islandmagee and two oil and gas plays.

If BP do follow through on Islandmagee it will give a huge validation to INFA and maybe they can get BP involved on Portland which would in my opinion justify a mover back to 200p level if not 400p
 
IRG moved over 20% since I posted this morning! amazing....! desperate to get into some other plays, just trying to work out which the next play should be.
 
s28 said:
PVCS - said they would update on cash return Q2
INFA - expecting lots of newsflow but would not buy the spike today
IRG - partly think it could be a end of year overhang play so might move in next week if it doesn't play out further newsflow uncertain
TYM - probably strongest play on fundamentals, technicals and newsflow right now
AYM - not sure of newsflow but iron ore in favour and chart looks great
GCM - overhang play to some extent but I'd expect newflow in next few months on 'water studies' / meeting with Hasina.

and don't forget EOG ! that has so many potential catalysts and value drivers
Click to expand...

thanks s28. Why the spike with INFA today? was there news? 37%??

PS - that can't be off the back of the tip in the times can it?
 
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Onetwentie said:
thanks s28. Why the spike with INFA today? was there news? 37%??

PS - that can't be off the back of the tip in the times can it?
Click to expand...

Its all down to the tip. You have to remember that AIM shares are illiquid with poor technicals and fundamentals, and therefore very volatile on sentiment and any news - good or bad.

INFA - question is whether to top slice. Will there be a retrace on Wednesday, or will there be further rises as Wednesday is the first day back to work for most people.
 
INFA I expect continuation

As jaspa observed many still on holiday

Furthermore what todays rise and limited intraday retrace demonstrates is how tightly held it is

Sunday Times has a big affluent readership. Combined wealth of readership I'd say in the billions. Imagine just 0.1% of that trying to find a home in INFA. Many will leave an order in with brokers to be filled over days. If its just a punt it won't matter if they pay 10p or 20p with the potential to go to 100p+

The addition of BP to the story will give it a real boost. What would a multibillion pound company want partnering with a minnow unless that minnow has huge potential?
 
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A lot of stocks seem to be going up on 'nothing'.

A function I think of various combinations of

completion of overhang from end of year window dressing

illiquid markets as many fund managers will be away so marketmakers have no ready supply

stock-tipping season

January small cap rally season

also China and Japan are actually showing good strength and Europe has massively calmed down (Sovereign debt yields much lower) so despite US Fiscal Cliff macro picture looks good, resolution of US issue could see a real good January run for markets I suspect
 
IRG - Mkt Cap £3m ; Net Current Assets > £3m

Their major projects all seem to be mothballed pending Italian government acting rationally. So they are looking for other projects. It's a cash shell with no value for existing projects let alone any potential new projects.
 
jaspa888 said:
Its all down to the tip. You have to remember that AIM shares are illiquid with poor technicals and fundamentals, and therefore very volatile on sentiment and any news - good or bad.

INFA - question is whether to top slice. Will there be a retrace on Wednesday, or will there be further rises as Wednesday is the first day back to work for most people.
Click to expand...

Given the mistake I personally made with Leyshon, (if I was in INFA) I would deffo top slice, even if it was just a small slice. Ive learnt the hard way that a profit is a profit!

That said, based on s28's comments re continuation I'm very tempted to try and get in on Wednesday at circa 12p.. Don't want to be left on the sidelines when BP finally do come in - and based on all my research so far, I have a firm belief that INFA (again as the learned s28 has indicated) will be heading north, probably with some distance too.

Ps I hope I get to re-quote this post in time to come ;)
 
You have to remember, its better to make money during the hype period rather than when drilling is going on. At that time it is a binary event and the odds are stacked against you. Never hold a position during this period.

When i first mentioned lrl here, it would have been a fantastic trade before results were announced.

Investing in aim is all psychology as most money is made on sentiment.
 
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