I agree with your post and have often read a Ritson report and have often thought why did you say that Neil. The numbers re production are what I expected as we were told them in the 14 th June RNS so don't know what others expected. Disappointed in 673 but it is on clean up . The drill costs get paid back in 2 months ???
There is still a lot to play for and not just in Gourdron and TBH IMO we are way way oversold but it's AIM .
Maybe that is the poor RNS out the way and there could be some good follow ups , who know ?
Lots of rumours flying about at the minute re finance and big Dave , they are just rumours but that has a big effect in this market.
To end, GY 50 was completed in May so full figures for its daily production is missing from the 430 bopd that was reported.
Solo have the same amount of shares 6bil the same as here, today they have rns 15 chats here 250 this tells you how sad this is, all this crap on here does this share no good So stop all this crap and shut up.
Whilst our CEO uses ambiguous language and constantly changing metrics - which make it nearly impossible to form an accurate understanding of progress.
Hence blind optimism is needed to ramp LGO - unfortunately you may now see why the majority of long term investors in AIM lose money.
Funny where is OAT - Wonder if this will be a very long driving holiday. Its a shame as OAT is a great ramper and very reassuring which is all many peeps want. Like Granny I bet he may just mark this down to experience and up the ante after the placing / finance deal.
Maybe even a contemplate a cheeky short in the meantime.
The Problem with Neil he always says 1 sentence to many - or just issues a stupid comment. The last BRR was a disaster why say news flow will be thin on the ground. Todays statement was about GY-73 why come up with crap meaningless comments about 71 & 50
Half the Gamble will be on controlling Neils information sharing as he is blessed with the uncanny knack of snatching defeat from the jaws of victory.
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.