CE1 - Calima Energy

[BESBS Player]

Re: RIA - Rialto Energy

Update out from SX.
Drill bit stuck - 2 weeks until drilling resumes.

Given it is mechanical, the drilling firm should have to pick up the tab.
The SP barely moved so I suspect few traders in this one at present.

Until the next update.

Happy to hold at present...

 

[BESBS Player]

Re: RIA - Rialto Energy

With the delay to drilling due to mechanical issues, I've decided over the last 2 days to sell out. I am a BESBS player and was happy to hold this while the drill turned someway down. However, there are other BESBS plays around and I've used much of these funds to get set.

If the drill resumes smoothly, I'm happy to make a decision to re-enter if it seems appropriate at the SP entry point.
All the best to holders. I can see long term value in RIA if the rotary lie-detector confirms commercial flows. Nonetheless, one never loses money taking a profit.


Bought RIA at 28c ave

Sold RIA at 41.25c ave

Profit: 47% profit

 

[BESBS Player]

Re: RIA - Rialto Energy

With the delay to drilling, I've decided over the last 4 days to sell out. I am a BESBS player and was happy to hold this while the drill turned someway down. However, there are other BESBS plays around and I've used much of these funds to get set.

If the drill resumes smoothly, I'm happy to make a decision to re-enter if it seems appropriate at the SP entry point.
All the best to holders. I can see long term value in RIA if the rotary lie-detector confirms commercial flows.


Bought RIA at 28c ave

Sold RIA at 41.25c ave

Profit: 47% profit

PS. Added new funds into LKO

 

[pixel]

Re: RIA - Rialto Energy

"Are we there yet?"
Looks like a bottom to me; the trendline has been broken, MACD turned more Bullish, and sellers seem no longer willing to lower their expectation.
I may still be wrong, which is why I bought only a small starter parcel today, but as immediate resistance (17c) has been broken, I'm aiming at 21, then 31c.



stop-loss 15.5c

 

[Kremmen]

Re: RIA - Rialto Energy

Maybe finally coming up from the bottom of 8.8c? Seeing strong rises over the last week.

 

[pavilion103]

Bought at 3c

Looking strong at 4.4c on big volume today!

In my sub 10c portfolio

 

[System]

On December 13th, 2013, Rialto Energy Limited (RIA) changed its name and ASX code to Azonto Petroleum Limited (APY).

 

[So_Cynical]

Picked up 200000 of these today @ 0.007, Azonto is a backdoor shell company ready to be takeover by some cutting edge tech company, MC 9.2 Million has 7 million in cash and no debt...so many of these over the last 12 months.

 

[So_Cynical]

Picked up 200000 of these today @ 0.007

Speeding ticket issued, Intraday high of 0.014 closed at 0.012 up 50% at the close = im a thousand dollars up in one day...they say that if you live long enough you get to see everything.

 

[skc]

Speeding ticket issued, Intraday high of 0.014 closed at 0.012 up 50% at the close = im a thousand dollars up in one day...they say that if you live long enough you get to see everything.

Yes.... it's dot com boom 2.0. Any shell company gets a random tech company backed into it and runs 600% in a week or 2.

Last week if was RYG, today it was APY and VPC.

Tomorrow, watching out for VIC.

 

[So_Cynical]

Picked up 200000 of these today @ 0.007

Sold half my position today @ 0.014 ~ 93% profit leaving the remaining shares pretty much free carry.

Loving these cheap reverse T/O stocks.

 

[pixel]

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01731908
Reverse Takeover; intention is, to recapitalise at 2cps.

The thing that puzzles me: Where are the "responsible gun owners" that want to pay extra to make it harder to shoot their guns? If it remains an optional extra, how many manufacturers will even bother? And I can't see the legislation pass Congress anytime soon.

Having said that, I do hold a speccie position from before the trading halt. If there is a chance of it getting towards 2c, I'm willing to part with it

 

[So_Cynical]

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01731908
Reverse Takeover; intention is, to recapitalise at 2cps.

The thing that puzzles me: Where are the "responsible gun owners" that want to pay extra to make it harder to shoot their guns? If it remains an optional extra, how many manufacturers will even bother? And I can't see the legislation pass Congress anytime soon.

Im about half way thru reading the big short - very inspirational perhaps its appropriate to see APY as a black swan type play on congress and the US in general taking gun safety seriously...its never happened before but ultimately has to happen eventually.

Perhaps it will be like Marijuana and the end of the war on drugs, done state by state rather than federally via congress, appears to be the only way anything happens in the US.

------------------

Bloomberg article from late last year, explains the technology a little, seems very unobtrusive.

http://www.bloomberg.com/news/artic...uns-clipfort-s-biometric-ammunition-magazines

 

[So_Cynical]

Tragic and totally avoidable, both cases...easy to see the clear need for the clipfort Gosafe firearm technology.

Mother fatally shot by toddler who found gun in car, sheriff’s office says

https://www.washingtonpost.com/news...er-who-found-gun-in-car-sheriffs-office-says/

Two-year-old fatally shoots himself with gun found in mother’s purse, police say

https://www.washingtonpost.com/news...-found-in-mothers-purse-police-say/?tid=a_inl

 

[So_Cynical]

Investor presentation from last week, pitch seems to be about access with safety, you can keep your gun in the bedside draw because only you and wifey can use it, are authorised users, $250 price point seems about right, price certainly shouldn't be a negative.

http://www.azpetro.com/media/24684/20160502-GoSafe-Investor-Presentation.pdf

 

[System]

On August 23rd, 2017, Azonto Petroleum Limited (APY) changed its name and ASX code to Calima Energy Limited (CE1).

 

[System]

Whilst its Canadian Peers are Surging, Calima Energy Stands Alone and Undervalued

 

[Miner]

This gamble has paid me off

 

[Miner]

This gamble has paid me off

omg
when I posted on this thread earlier, had no clue that the price gone up by 28% with no news.
https://www.asx.com.au/asxpdf/20200727/pdf/44kwchhnvs7lj1.pdf
The only clue was in July 2020, the company look into funding to get 2P reserve and on an acquisition.
Was the price then artificially jacked up for a possible CR?
Hold.

 

[Miner]

omg
when I posted on this thread earlier, had no clue that the price gone up by 28% with no news.
https://www.asx.com.au/asxpdf/20200727/pdf/44kwchhnvs7lj1.pdf
The only clue was in July 2020, the company look into funding to get 2P reserve and on an acquisition.
Was the price then artificially jacked up for a possible CR?
Hold.

In August 20, price shot up at no news.
Today 24 Nov price dropped at no news (public domain). My speculation is with $2.23 M working capital, could Calima heading for a CR and inside news forced some dumping ? Just a random guess.
Reading through the announcements :

1. Director resigned - why ??https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
2. Director bought - https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
3. https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 -
4. face value good encouraging report though reading into the report, I am unsure if it was encouraging excepting some narratives- https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4