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For what it's worth (nothing to basically all people here, I would imagine), I am not a troll and have probably been invested a lot longer than most of the LSE members currently yelling on this board - my first purchase was at 29.92p....... I invested in this company because I have local knowledge (lived in the region for 3 years) and am aware of the enormous success rate and operational potential for companies operating there. Also management projections seemed 'reasonable' on a very speculative investment. What I did not consider was continual delay (in both operations and communication), repeated poor decision-making and highly dubious information being passed by DS so that one never really had an idea what was going on, or even if what he said was true. The drill fiasco (at a time when reputable oil service companies are begging for business) is the final straw and makes the company look like a pathetic unprofessional joke. I stopped investing in the company and started trading the volatility when the price was in the teens and even made profits (...) but of course totally lost it when DS and his stooges decimated the price from about 12p to 3p, at a time when the vast expectation had been a large price uplift based on coming information. Of course the information was delayed and delayed and delayed and.... so that instead DS turned the expected price rise into a total price-rout. More fool me for staying invested of course, but people who have lived in Congo (either Congo- Brazza or Congo- Kinshasa) are likely to have a greater risk appetite than most......
As for "I have only negative things to say....." My positive statement was in initially buying the share and even averaging down on occasion. But that was then when management was too young to be called incompetent, and the issues they were facing were fairly usual for the region. I nevertheless highlighted on occasion the risk that ALL companies there face in dealing with the State oil company, but of course this was ridiculed by certain posters - wonder if they have ever been to Brazzaville or Pointe Noire? The honeymoon period is long gone and management simply lurches from one self-induced disaster to another. In which case, what exactly do you want to say that is positive on a company that has potential if it operated in even a half a**ed way, but has instead fallen from 27.9p to 3.4p? And this is apparently WITH OIL.
Filtered for expressing the actual situation? How very narrow minded. The rampers here annoy the hell out of me, but I never filter. Learning is free.
If Djeno mid flows as expected there will be long term investors with very deep pockets investing not trading. This will gap up. Minnow AAOG will become a huge company and I don’t often say it but a genuine takeover offer is likely. This could all be within the next six months.
A region of strong oil output and AAOG have already found Djeno oil flowing to surface under own pressure.
Washers, my own experiences of rns' is that they're rarely ignored, even if expected. And, yes, of course, this will go blue at some point. But from what price and for how long?
The world is just full of traders now so would expect nice pump but it obviously depends on the news. It's a bore when folk talk about 'scaremongering' as if the drop ever since ipo has just been trolls and scaremongering.
The news here is so overdue that it's deeply, deeply suspicious. That could be ominous or it could just be the biggest correction going... but I've stopped being in in anticipation of squeezing every fraction out of a rise. But just my onw AAOG policy now... Once, twice and three times bitten...
Look forward to go the good news. There'll be a lot of elbowing for the shares then.
COdey the next RNS could be ISA but is expected and we get cash. Stop scaremongering you have stated this we will see red till news therefore on positive news you agree we will see blue and plenty of it. Don’t miss the start of the rise which is imminent IMO
If the “truth” you want to believe is that someone who says negative things about AAOG with which you don’t agree is being paid to say those things then you really do need to revisit your contact with reality.
How can Marty be a troll? He says he's a LT Holder of AAOG. He may not wear the standard issue rose-tinted glasses, but that does not make him a troll. The only 'fact' of any importance here is the SP, and that is far from a happy fact.
Tiburn you have missed earlier in the year but Marty is in my filtered list and is a troll, so no surprise he is “ valuing Angela’s views” I only know they are stil here when people respond to their paid posts. Remember each time you respond they get paid.the best response is to ignore and keep positing your factual knowledgeable posts
Hi Tiburn : AAOG have certainly attracted our fair share of doom-laden monologues . Best way to silence or convert them is for AAOG to successfully produce Djeno oil . The truth will always come out in the end , Good luck AAOG investors . ....
You are negative in all your comments but to state you value Angelas views is a kick in the teeth to real LTH here. She has an agenda to sow lies, fear and discontent which is very clear.
To call the SPs fall is easy, just comment each day and make out you saw it all along, anyone can do that - she is no great sage here, just a troll with a malevolent streak who is not invested.
You need to differentiate between objective views and her 100% negative - the fact the SP has gone south doesn't ratify her statements, its a complex number of factors which have been well recorded by many LTH here aswell as the optimism for their investment on the way.
The optimism is due to the fundamentals which are very good indeed - the SP will recover on oil being booked. The ad nauseum is her trolling points repeated again and again, in an ever decreasing number of individual matters as AAOG cleaned up their act and stopped feeding ammunition to these types.
If you hold, then hold for oil, don't just slate positive holders and align yourself with the Queen Troll herself
In fact, I don't think you can hold here and agree with her views, they are diametrically opposed positions - so on balance perhaps you should re assess.
Unfortunately (as a LT holder), Angela's comments have consistantly been far more prescient than certain AAOG rampers who , despite disaster after disaster, have repeated ad nauseam that 'things are looking better from here' while the only indicator that matters - the share price - was clearly showing otherwise.
However matey smiley DS is now gone and perhaps this time AAOG will manage to pick a driller whose rigs don't fall over and which won't take out legal action against the company (couldn't make this stuff up, could you?), so perhaps things might eventually get better. But of couse as ever, today's fall of a further 9% indicates otherwise.
The only difference between SXX and AAOG so far has been that AAOG took about 2 months to achieve for its shareholders what SXX has managed over 2 days. Well actually, the AAOG fall has been considerably greater. Surprise that.