The luck of the Irish would do nicely, Webmoor, cperkin. I'm kinda tied up in oilies mainly but hope to sell of one of them around early September (if what I hope to happen, happens). That will leave me with funds to invest. Sure, we'll see. I'm off out to play so have a nice evening.
I think someone is pushed a little in the corner and quite right too, the BS which came out in recent weeks is bloody annoying, to rephrase my yesterday statement again unless you have facts please shut up! I have enough of ramping and make false assumptions, we used to have some very intelligent peoples on here where are they now?
Kev4:- fill your boots every little helps, disregard all distractions let us deal with the reality that we have, good company great prospects, just need a little luck that is so well thought of by the Irish, the leprechaun at the side of the road told me of good things to come; I think he heard it whilst in Ireland on his hols!
Would enjoy to see you back in Kev4,for sure revenue is game changing and so is having the money to drill, would have loved to see Zubair bid at the same time as the Boleven but drill money is drill money, just wish we had a whole lot more in the kitty rather than piece by piece, but O&G is a long game.
Hope it turns out good for us all, whatever price you are in at.
Regardless of Zubair I still think the new revenue stream is the most important and positive thing to ever happen Aminex. When the dust is settled after the placing is absorbed by the market (I would expect this to take about 4 weeks), I now intend to review my stance with a view to jumping back in again. I just hope I don't put the mockers on it for the rest of you! (Not having a great 2016 so far trading-wise).
Irishmouse:- Who cares what Z do or say the BOD are supposed to run the business for the benefit of all share holders, if the right thing is to pay down debt then it is the right thing, If a deal has been agreed about drilling then it is wrong in principal and I suspect wrong in law, they are after all only share holders however big they become mushrooms as soon as they buy the shares just like the rest of us, they are not lending us the money!
Paying down the debt gives us all the aces if RUVAMA comes up trumps then use income to finance further drilling perhaps with another loan that is not so expensive as ARCO.
You did not mention any names yet it was a direct reply after my message and anyone reading the thread can work it out as well. I think you are wearing the same "cap" as the others. Do not try to dodge the bullet, don't get involved I would say in any of this as it will make you also stoop to their level.
Webomre,as I understand it the Z money is to be used for drilling and not paying down the loan.I agree that a Co. with no debt is a strong Co,but so is one with a good income.Perhaps we can strike a happy medium.As for the share price,it will probably be a roller coaster ride for a time,but we are used to that by now,let's try to see a stead rise once this is all sorted.
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