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Ridiculous drop.
Not bothered with daily fluctuations.
I can never understand why some people are obsessed with 3p...
Wont make much of a difference if you looking to exit at 20p etc....just exit at 20.5p or 21p. Simple.
IamRich . Clueless listen to Hamm he wants to succeed as much as you. MB not the answer to our prayers and dreams
Uggghh I’m getting tired of this.
Hamm- Heron1 is largely sorted out. Price reductions already agreed for the additional Heron wells. So your talk of MB looking for discounts holding the job up - again not true. This is all In the 25th Feb RNS.
What is happening is looking for the best deal from DQE who are providing a potential plan B for the additional Heron wells and for Velociraptor.
Velociraptor is exploration and risky. Not why I’m invested.
Having a plan B for the additional Heron wells?…. Umm that’s good in my opinion.
But tired of having to correct your misinformation Hamm. It’s all in the RNS and in the presentation from last night.
Try to be more accurate?
Well I see Open Orpha shares up 16% today . They appeared on the joint webinar last night . Both bosses appeared and have to say lot more inspiring than our creaky leader.
Now 3months since the December and no nearer to securing a rig crew. Like others have alluded to where was his plan b c d or e for this eventuality . You need contingency up your sleeve. MB not up for the job freshen it up with someone hungry for the job in hand.
More blatant ramping going on again here today. And those with a negative or less optimistic opinion shot down yet again.
So basically you are a deramper
We aren't derampers. On the contrary we want things move on fast, but unfortunately with the guys like you supporting MB we might likely to miss another precious year or so.
Have fun all
With Russia out the game now gas and petrol sticks are back in stronger, few months down the line people wil kick themselves for not buying in at these low prices any selling will most likely just get depressed from their choices to they made listening to derampers
Ojay, unfortunately your mentality is as much as who gets how many likes!
Go and have your afternoon tea body. God bless you.
Hamm: So "the die hard guys" need to push MB "to sort things out". What have you achieved with your efforts until now?
To be honest: You haven't even had the guts to ask him one single tough question; wow! great to hear your criticism on this BB - that must be a bit easier. Why don't you address MB directly instead of spreading your nonsense on this BB?
Have a beautiful and wonderful day.
The die hard guys should change their strategy and be critical to MB pushing him to sort things out before it is too late or will miss another year! What is the point to get a bit of discount really? MB as the CEO should see bigger picture he shouldn't be short sighted. Please guys be realistic, be critical or MB may think he has been brilliant. He needs to have plan b, c ,d. Ge should forget about any exploration nonsense. He has already wasted so many years and so much money
God bless all guys.
Heron is the Company Maker but lets not slip a year. God knows what might be going on in the world in a year's time ...
On the one hand wanting to drill velociraptor but on the other hand not spend the money on the drill if there is not the time to drill the appraisal well. I think that is what he said? Hopefully DQE will help here, but he is looking to negotiate a discount on economy of scale. It is in the interest of both parties so wait and see what happens.
On Heron1 - none of the above applies. Discount negotiated. Waiting workover slot. Company maker right there. Velociraptor is an additional opportunity, it is exploration and therefore higher risk.
Heron is the company maker.
That is the big problem with the kind of MB, from one side he is ready to splash money for exploration! But then trying to get discount knowing the rig contractors are fully booked! At the same time he doesn't look like to have real passion to be at the field rather than sitting in Italy or Singapore. I can't understand what his problem is? How can anybody be happy with him beyond me.
Just remind you that more likely I have much more shares than most of the guys here and I am not looking to buy more or to get in. I haven't sold any single shares ever here. The so called die hard long term holders like MP and Ojay already admitted they were traders! Nothing wrong with being traders as long as they aren't accusing others as derampers.
Lovely day, enjoy.
Exactly, listen to MB. Then realise there isn’t much ramping from the more bullish investors.
Chart shows 3.4p as support to me so we will see what happens next, and the share price is oversold on Stochastic and MACD….
Don't listen to rampers! Listen to Mike Buck, and either trust what he says, or don't.
https://www.lse.co.uk/events/
Terrier…….super cheap in relation to what. I may add a few when we get to 3p but not before…..only fools rush in after listening to all the blatant ramping that goes on here.
Super cheap so added.
Get some if they'll let you.
To be fair Mike could have sounded more dynamic and reassuring! I also agree that if the DQE deal (which sounds most promising) doesn't materialise soon enough, that he should go back and negotiate a premium not a discount to get this moving.
I agree, Please stop MB from any presentations He is rather dull. He must be under intense pressure from the BoD to deliver yet alone from us Share holders Pressure is on Mike, Time to perform .
Clearly last night he could not say anything that wasn't in the public domain already, I take heart from what must be a lot going on behind the scenes. Almost at the derampers buy price now!
I don't post often but one of the many silent investors with an unhealthy amount of shares in this company, de-rampers don't need to trash this share every time M B does a presentation the share price falls so please no more presentions, I
also find it strange they can negotiate a reduction in service provider cost when they are all apparently very busy, surely if they managed to achieve this then that will definitely put PM at the back of the queue when oil is at an all-time high lightweights come to mind
Aspers
"As I keep saying until the Heron oil hits the refinery it is impossible to put a price on this share."
As an acknowledged non-expert in oil and stocks, that sounds particularly stupid to me.
There is already a price on the stock; the question is what will/should the price be as we approach oil at the refinery, as evidenced by confirmed steps in the process.
The price after each of those confirmed steps/decisions will be higher than now and the discussion here is how high and how confident we should be in those steps being completed.
Your " wisdom" would suggest we should go home and wait for the RNS announcing "oil received and being processed" and then buy MATD.
Each to his own!
The resilience has always been strong here and with Brent prices sky high their asset just gets more and more valuable.
Terrier…….these boards are for everyone. I am still a holder here as kept 200,000 shares but I find it hard to find any real positives.
I keep saying once the oil is at the refinery then I will smile, till then there is every chance this will drift back to 3p or below.
99% of de-rampers are just around to spread fear and then buy in on a dip if it occurs. Pure traders and just treat it as a game.
The only ones selling will lose long term.
You wonder why some people love being on a chat board of a company they loathe and don't believe in.
They just repeat the same old garbage. Wish they would go and be negative elsewhere.
All on track for Q2 and we will be a producer and fingers crossed an explorer Q3 with a partner.
If not at least the bak account will be healthy for next season's drilling.
Goodluck LTH's.