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OO: 'exploring other opportunities' - while I am very fond of our current asset prospects, it would be great if we could get involved in another project so this was no longer a one-trick pony. I think turning a profit by the end of the year will go a long way to realising this ambition
yes news soon , Maybe a big buyer Stefan buying in again stranger things have happened I'm sure this will settle , the new CEO knows , maybe the sheikh gave him the job being a mate and then sold ,, or the CEO is good at his job ,, it's all guess work but positive
Expecting to see in this order the following
Positive operational update, followed quickly by director buys... imho
Rh187, you do know you now own half a percent of a listed company, doesn't take much money now to become a significant shareholder in a plc and be privvy to info
Yes I think your right toolforthat but has come as a massive shock for investors , I watched some one selling for a month should of sold and bought back in its luck and timing , I'm doing a massive build on house selling up and going spain , but will put build on hold for a little while still literally dust settles chin up news is of the essence..
Lucky you
Yes you have nerves of steel ,, fingers crossed for you, maybe the nice weather the weekend will bring investors back on Tuesday and the company settles good luck
Managed 500k this morning;
Nerves of steel, but I’m confident of a decent profit fairly quickly
Yes it's good to be positive,, time will tell if this is a good cart to ride one us normally family investors have lost a lot on big investors like the sheikh
SpencerG , you nailed it !
The Sheikh reputation/experience did add anything to the company but his money did at the time the company needed the money the most.
The company is back on its feet thanks to the young sheikh of course so his departure should not effect the company ongoing activities really imo
I did manage to buy at 5.5 in an attempt to bring my average down, eventhough the board has lost all credibility with me as the departure news could have been better handled. The sheikhs money did help to raise the shareprice but did his reputation/experience have any baring on the industry, I think not. However his reputation is now maligned as he will be remembered by this antic by many.
On the plus, we have managed to raise 500k, exactly what the sheikh put in if i'm not mistaken, and work is progressing. I await the next update and it will need to be a blinder to keep my interest.
Quitie are you just constantly high?
I can certainly see past all this. If you look at every partners website, they all say planning for Phase 2 Aje is well underway. I've said countless times about the maths...
Aj Phase 2
50-80k bpd
$163-260k per day net to ADME based on $65/bbl (minus lift costs and financing which would be at max 50% of that)
Funding would be secured as a partnership as was Phase 1 ('the project funding')
This is a field that could be pumping north of $5m per day overall at peal production - do you really think the partners won't progress this?
It doesn't matter the BoD - the Aje development is being driven by the larger partners who are serious about the prospect. Hell stick me in the chair and it would make no odds
Thinking about it I suppose everyone is right when they say what did he bring, a new website and name change, vanity project really and an ego trip playing with small investors, the company is still the same but with a new CEO, funding sorted to see us through to profitability, a producing asset in a good field, and those positives were done by our current board and to be looking for another director they are definitely gearing up for something
Aim is always a gamble ,, life is too speculate to accumulate majorboy let's hope
Well said Dan Brown 83 ,, we need some clarity,and regular news .
His Highness' departure has no material impact to the implementation of our business plan. We are grateful for his financial support which has helped the Company get to this exciting juncture. We have recently raised further investment funds which will assist us in exploring a number of opportunities. Production at our Aje investment remains stable such that we expect to be advised of a further lifting of oil shortly and performance remains in-line with our expectations. I look forward to updating the market in due course.
Keep calm don't sell we still have a stable company here , yes we have all lost **** loads of money at this time ,, game playing we need a enquiry , sheiks kebabs has gone not too his taste
New some Think was up ,,, upwards and blue