I can wait months... but I have not been here as long as others and have traded one of the spikes. Now in and not going anywhere.
Months in this world is nothing, but years would be boring. I know many have been here for years already and I feel for you.
On a side note - I have been involved in the sale of one business and it was my own, and it was tiny, but it still took over two years from start to signed contracts and then another year after that before I was totally free. These things take time.
GLA and if Rab's comment re the data room was wrong then my apologies for posting it up here - I was merely being a messenger
We have been on the client list here for many months.
An RNS from April last year said JeffRoth were engaged to start the FarmDown talks. Hands up all those who hoped for a very successful EWT. If we'd just had an ordinary one..................................
I am no expert. But rereading between the lines I'd summarise the situation like this. The bad news is that the project is a long term one. And is consequently not the sort of operation on which the stock smiles easily. The good news is that the value of our oil field may be greater than we thought. Under these circumsatnces it may be rational for speculators to sell, but for investors to buy. I'm keeping my shares. But probably I have enough for now.
Its things we already knew there is nothing wrong here long term but who will be smiling watching the sp drift down and down and down?this is aim not the ftse and any waiting around causes the price to drop.i would rather buy back in cheaper
AGM report I have been to the AGM, still in Paris.Just back I read this main board and immediately notice a lot of plain RUBBISH.I will give the highlights as facts even though some will be viewed as negative SHORTterm.Highlights:- rbl ongoing and very positive; 2012 bad year; 2013 good yearCole aiming for 400m and talks going well- reason straight to plan 2 instead of 1b: the ratio of costs vs equipment is way better; also a major would do it with the exact same plan (I saw this as a hint for to)- dataroom is OPEN; farmout talks have begun- rbl and farmout in paralel: farmout is the complex one; rbl easy;Rbl still will take months, thats normal- Cole will take every measure to get this project funded; can't exclude dilution but also doesnt state it will be diluted- the field and oil are very very good; its the perfect field as far as concerning heavy oil- pr will not increase; they do whats legally right; no rns with in it 'no news yet'. If there is real news they release it as fast as possible- no directorbuys; its a closed periodWhole impression: longterm investment; they DO have enough energy and didnt look tired as some poster suggested!They look like they gonna do the job.They want shareholdervalue cos as they stated 'we're holders as well!'Important: banks and partners look at their assetvalue and dont care about the marketcap!!!Make of all this what you want, I'm holding this baby.Might take time but this will be the golden cow.For traders I imagine its tome to FO GLA
Datafeed and UK data supplied by NETbuilder and Interactive Data.
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.