focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I do both FD, I invest and trade as a share goes along until I have a free holding (if all goes well that is), hence the reason I state their will be a placing if they get any new license with the partner or not. It’s just looking ahead and been ready for all possibilities and opportunities, nothing wrong with that. As far as I can remember from last year you where adamant Shell would be drilling last year and discarding any talk of a placing until one turned up or an sp of 1.6 for that matter. Anyways its all by the by now as the placing happened and so did the 1.6p. So what happens now, we’re halfway through Q1 so within 6 weeks of potential news from Shell regarding a well investment decision. I won’t go into the ins and outs of that as you’ll know what will happen in both scenarios.
Amtech we have differing investing strategies, unlike most you are a Trader where most are LTH's who select an investment on a basis of Risk and Reward. Every investment has risks and the Old maxim "never invest more than one is prepared to lose" is something every experienced investor considers when buying an asset. Having investments in SEIS and EIS schemes am probably more experienced than most, when others here, regard it as a "game" frankly says a lot about the individual.
In so far as only seeing "blue skies", what absolute rubbish, I amongst others criticised the way the placing was conducted last year and pointed out the "African" connection. So don't paint a picture that some of us think everything in the garden is rosy.
Posters who blatantly disregard statements made by the BOD, "fully funded until the end of 2021", by persistently stating a placing is coming are not proper investors. Chancers would be a better term. Unless, Amtech has inside knowledge at the OGA, any speculation about Licence awards is pure conjecture and only serves one purpose...….scaremongering to influence the SP.
A little like Laurel and Hardy, Amtech and A1m1 were a team who caused amusement.
It says they have been sold on behalf of clients.
I don’t know what their plans are, but from memory they were one of the takers of the placing shares last summer. Maybe they’re just reducing their exposure and balancing portfolios . Fairly normal really and it seems like there is plenty of demand around these levels and a good opportunity for smaller investors who are prepared to take the risk. Better to buy a million @1.45p than 1.75p if you think it’s going to be 5p on good news ;)
Any reason that you can see why it would sell such a small amount? Is it sign that it intends to sell more but can't do it in too large chunks ad that would collapse the price?
Sold 1%
Is that RNS saying that Canaccord bought or sold a large amount of it's holding?
So now we know who the seller is.
Let me explain it another way FD. I still am a buyer under 1.75 or should I say under 1.5 now as I think in the long run this will come good. It’s a case of averaging out a holding over a period of time, generally because in the O&G world it does take time and plenty of it. In the meantime it doesn’t mean like yourself I have to big up this stock for my own needs ignoring the potential downsides/delays/dilution. Your failure to understand that just goes to show your lack of knowledge in this game. Along with your agenda driven posts that once you buy a stock you must then only think and post positive and expect banging RNS’s weekly.I am allowed to state it how I see it, and you’re allowed to post your biased holders points but we can all see who’s the more genuine holder. The one who posts it how it is or the one who posts it how they want it to be!!!
Here's a clue......read your own inconsistent posts.
Why?
Yes.
Is my post inaccurate?
Amtech are you losing the plot? Only 2 days ago you were a pronounced buyer at up yo 1.75p. Nothing like shooting one self in the foot.
You will soon be in the same Bear-trap a1 entered!!
Or you could listen to the rose tints and help support them and the sp by buying in now and hope Shell don’t need anymore studies done you’ll be waiting until licence news in Q2 if they do.
Pascha so on balance and taking account of "perceived" funding you are best keeping your money in the back-pocket or moving into JOG where it is claimed the SP has underlying value 40x the existing. Yes you read right, except no income ( 1st Oil) for 5 years and an admitted Fund raise of almost $1billion. Oh and the largest Shareholder is getting out.
So Pascha the question you need to answer, " why am I looking at Oilers?"
Mike the company has money in the Bank, " fully funded until end 2021". Listen to the doomsters, who claim to be invested, and you will have sleepless nights. Just read the dialogue it ju,st does not make sense!!
I would have preferred they had raised funds at 3p plus as opposed to 1.75p when they had their chance
They’ll need to raise money if they get the licences to pay for their share Pascha, their current funds form part of their current strategy and any new areas will be part of a change in that strategy. As FD claims if Shell don’t let the grass grow under their feet and if it is Shell who they’ve partnered with in the 32nd round then surely they won’t hang around. They’ll use the interest in the sp like they did last time to their advantage to raise funds, it’s how it works. So the nearest news is the well investment decision on P2437 expected Q1/20 on whether more reprocessing if data is required or a decision to drill. Followed by the 32nd licence results Q2/20. There could also be farm out news on P2352. One thing that is guaranteed is that unlike pi’s who claim they are investors and not traders yet post daily and get excited at a 2% rise, they’ll be thinking and planning ahead for next 18/24 months and funding will be part of those plans. How else will they pay for things?
pascha looks as though you have done the basics. The order of events is as you discovered much in the hands of Shell who, imo don't let the grass grow under their feet.
You may like to view Explorations posts which are incisive and will give you some handy information.
pascha if they do get further licences, it is more than likely they will be contiguous with the exisiting and possibly of interest to the existing partner.
Many if's and but's, we will have to wait and see. As things stand the BOD have stated fully funded until the end of 2021
Yes I predict a placement if they get the licence in the 32nd round. It’s like I’ve said already I’m a buyer under 1.75 so nothings gone wrong has it, I also wouldn’t call a rise of less than 2% anything to get snotty about after it’s dropped this far and no doubt you’re having to wear a snorkel. But it doesn’t mean I’ll only post positive posts Dad. I’d also say your little childish post is been disruptive an not talking about the share. You still haven’t told this board what A1 said that was inside information! What worries me Scooby is that if you know what he said to be inside information then you must be on the inside. So I’d be very careful from now on as you are been watched, you don’t want to be reported by someone and banned do you?
Amtech went the wrong way for you and your Slayer today! What’s he say in his private messages to you?
By the way it was how he predicted it, I wanted him gone and he’s gone, :-)
He should be more careful and what he says, and he has been removed for blatantly being disruptive here, ! A bit like you are being right now! Talk about the share son, and let’s leave the slayer out of it
Why are you predicting one? Are you for real son?
So if you think and then post a placing is coming and one does happen it’s classed as insider trading!!!!! Seriously are you for real ??
Amtech you know full well, the one saying a placing was coming! Then it arrived!
Are you pretending to be stupid? Or just plainly and simply that?
Are you another Cluff Slayer?
Please. Tell me are you invested here? Or another guise of A 2’s
We know people work in union on Shares, I believe this is wha tv has happened here, and I’m glad I could get Admin to put a stop to it!
Have. Great day Amtech, but try and put up balanced posts, not snowflake posts!