You're not thinking anything......maybe that's the problem :p I know you just repeated what he said, you still seem to be having trouble understanding this. I said you should see if you think it's right. Is that so hard to understand? I didn't claim to be an "expert investor". I said I'd called this particular share better than most and I have. It's all there in black and white. You're as bad as oilriches and his stupid RRL taunts because you've got no answer to any sensible points and just resort to taunts instead. I imagine it's him ticking you up every time.
Duckles - This is what happens when you get people who can't discuss a share sensibly just resort to taunts. You read back my posts on this and to whom I was replying. I've bought this in the past and done well and I'd always consider any share if I think it'll make me money. Long or short. So when I saw the news I suggested a short was probably a good bet. Look what happened with the price. Apologies for providing good advice! I'm being neither negative or antagonistic but just giving a balanced assessment of it. I haven't even commented much (negative or positive) on the longer term prospects as I don't have a particularly strong view right now (it would probably on the negative side - but there's always potential for making money on a low volume stock like this from a pump and dump if/when it happens - but there's no guarantee as with any shares especially AIM ones).
Precisely what I was thinking. We have finally got some good news here. There is no real downside risk as we are at cash value, and then is finally something positive to focus on - we have had to wait a long time for it, so of course we are going to get a bit excited, share info and to want to know the CEO's take on upside potential.
I didn't say you did. :p I said you should disregard his words and see if you think it's right yourself. You most certainly should NOT take his, or any CEO's word for it, and is far from best placed to offer impartial advice! As for being on this board, there is no requirement to be a current shareholder, that's just silly. Furthermore I've called this share better than most, it's all here in black and white. Or you could choose to ignore all the facts and believe all the hype if you like. Quite simple really. Up to you.
Charlie. I think puntland only had an 8% cos and that rattled to over a $200million market cap at one point. I think Rmp share in the dharoor drill was targeting 40mmbbl barrel recoverable. With a 32% cos we are now targeting 15mmbbl and a high case 51mmbbl. Looks a very good value propersition to me
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