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Member Info for Skooby

Member Since: Fri, 9th Jul 2010

Number of Share Chat Posts (all time): 2,536
Number of Share Chat Posts (last 30 days): 5

Last Posted: Thu 17:15

Post Distribution over the last 30 days

Thu 17:15

Mince / Manchego

Don't get me wrong re comments on our CEO, I believe we're all entitled to our opinions and I'm certainly not the board police here. I recognise many here are not currently happy or enamoured with our CEO and I do understand their views and that's just fine. Nothing wrong with expressing that. My view is that he is doing his best in some quite difficult times and it will all come good. Just my opinion.

To clarify what I said last week though, I simply do not believe that it's acceptable to make comments on this board or anywhere else publicly with deliberate falsifications of what was actually said at the recent AGM slanted to try to make the CEO sound incompetent and I stand by that 100%. I was there at the recent AGM and I know what has been said here is quite untrue.

On another note, I bought a few more yesterday. 5.65p is ridiculously cheap compared to our NAV and we are soon to hear about progress on the GDG wells which should be great news.


19 Aug '15

Lets hope you're right. I'm reasonably confident that a bit more time is all that is required here. Personally, I'm looking forward to the update in September and think we will be pleased with the actual number of drills completed and forward guidance for the rest of the year. It all made sense at the AGM and so I'm happy to add at this ridiculous price and look forward to seeing this become the year that we turn around. Looks like the mothership as Jimmy calls it is moving nicely towards good solid positive cash flow which should give them the options they need for opening up the other work. There is many years of work to come and I think there is a very strong likelihood of it coming our way.

Valc. I find your defamatory remarks about our CEO insulting. Writing a message with false claims of things said at a shareholders meeting that you were NOT PRESENT AT and then saying later it was an honest mistake is deceitful and offensive. This board was not set up by LSE for you to engage in hearsay character assassinations of a CEO and if you persist I will report you.
7 Aug '15

I also have no problem waiting. Been slowly accumulating over the last two years plus.. Happy with the discussions at the AGM. There have obviously been challenges this year but I'm happy that progress has being made. There are lots of discussions on going and I am confident that we will do well in the long run. An absolutely excellent price at this level with the revenue looking to be double previous years. We'll get a clearer picture in September. Cheers All
6 Aug '15

Everyone on holiday? Decided to pick up a handful more myself sub 6p. GLA
30 Jul '15

Hi conc_2

My understanding was that the details are still to be finalised but that it did indeed sound very positive. There was also talk of the moves afoot in the government to raise the cap on domestic prices to encourage capex there. They are currently paying significantly more to import LNG from abroad and it makes sense to encourage investment in cheaper domestic production.

If we do get mobilised by Essar to drill the first Lifabric test well in India it will be a great step forward IMO. Others will be looking on with interest and if we can demonstrate that our IP works just as well in India as it does in China it could be very positive for us in the future as things evolve.

I'm looking forward to the September update and added some yesterday with that in mind. ATB

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