Ann: Addendum to Bird 13-18 announcements of 9 and 11 Oct 2017, page-25

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Petertkd

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13/10/17

12:47

Post #: 27883278
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Originally posted by Fishinnick ↑

I don't think anyone was expecting flow rates today, i wasn't.

I was hoping for a new video with more oil or something but not to be, no new news apart from an estimated time frame of 2 weeks for flow rates, i also can't see any other news that may come between now and the flow rates that could move the SP up and like i said plenty of punters and traders in the volume this week and some will likely move their money elsewhere to keep it working. SP peaked at about 2.9 or 3 earlier this week, the extra 1000 feet has been drilled and the SP has retraced so the market is waiting for the flow rates for the next possible move higher if its a good result and those that got stuffed higher up will start to realise if the flow rates are no good they will cop a big loss and im obviously betting some won't like the risk when they work it out and will close out. It's just traders behaviour, i doubt much of this weeks volumes was from ridgy didge long term investors, just traders hoping for a quick feed.

Apart from all that and the SP the company is progressing as it should be and on time and on budget so all good from that point of view. I don't think it will fall too far.

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Appreciated to all posts.

After watching this company last 4 months. Reading all reports and posts.

I am in.

My 1st target is 3c

Fingers crossed.

FPL Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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Ann: Addendum to Bird 13-18 announcements of 9 and 11 Oct 2017, page-25

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