This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016. The FCA have finally replied, saying its nothing to do with them as they only deal with market abuse & insider dealing, now is your chance to have your say.
If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.
My local MP supported this petition by writing to the petitions committee to help un-stall it. There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go! If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. ONLY 8 weeks to go !!!
So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so.
That was not my point and you know it. The one thing I agree with rob on is that posters that use multiple identities are in breech of LSE's posting rules. We know the agenda and how multiple identities are used to support the argument.
You can say that the drilling may not succeed and then there might not be enough cash (obviously that is the case with all new exploration backed by credit, however long the payment terms), but you can't say that drilling cannot succeed and so therefore interest cannot be repaid as an absolute. There is a clear and obvious future in which output hits thousands of bopd and then obviously interest CAN be repaid along with providing a big return to shareholders, such as myself. Hence my investment and interest.
This share does have a history of being over-hyped. Somalia was a disaster. Texas was a shambles. Georgia was a failure. Russia was mindblowingly dumb/immoral. You can only judge the current merits, however. Bygones and bygones and thankfully Pete has by-gone some miles away back to Native Australia.
There is NOW a very large scale drilling campaign in Trinidad that for reasons that elude me has never been seen within Range before, instead we bailed out Russians, Columbians, Somalians, etc. This waterflood should have been done years ago, but it is now happening and is progressing. So judgements remain on whether you believe it likely to succeed.
This is the position NOW. If you doubt 100bopd per drill fine. An opinion. If you doubt waterflood, fine. Celtic over-ramps, fact. You guys are looking to de-ramp and buy in, opinion. That said, I know why Celtic is here, I don't know why people who hate a company so very much are constantly using their valuable time clogging up message boards so I can't see legitimate opinions, just self-interested de-ramping to prey on the vulnerable which personally I take offence to. Facts are FACTS, bs is BS. Now please take your agenda elsewhere and stop being an irritant.
Otherwise post nice well rounded arguments beyond dumb arguments that they can't meet interest for INCREASED OUTPUT from the CURRENT OUTPUT levels. That's just dumb and unintelligent. Please be more intelligent.
Honestly. As daft as it sounds Celtic is right. What a load of nonsense.
New drills are targeting 100bopd EACH on a CONSERVATIVE basis. Waterflood is 250bopd plus 2500bopd. There is more potential from further Waterflood projects on a similar magnitude. All this will come very fast and I sure hope these guys don't trick a 0.2p buy in out of long suffering holders just before all gets good.
Let's be honest here. These are not Samaritans who out of the goodness of their hearts post day in day out negatives about a company. They are not posting as investors sharing their own convictions, they want to be investors without paying a fair price.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.