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Let’s hope inishkia gets the go ahead
Inishkia will change things here
Gerry - if he makes enough claims and predictions on enough days, one day he will be right by chance and then he can tell us all how right he was and how he told us so and that we should have listened to him etc....
Hydras. There were 852,340 shares bought today and 681,633 sold!
Adnatrob, are you buying, then? Very little risk... do you honestly think it will not go any lower? Since June of last year, the stock has been effectively on a straight line downward trajectory, so unless there are some fundamental changes, it will continue IMHO. Development of every asset in the portfolio relies on someone else performing. Farminees, governments and operators. It is a doomed strategy, I'm afraid. At least UJO pay dividends.
Roughly as many buys today as sellers - so maybe the buyers know something we don’t. (Used exact same type of posts on UJO last month)
Good opportunity for buyers. Won't take much for this to lift off, and when it does, it moves quickly. Financially strong so very little risk.
Lots of seller's out today, do they know something?? Not one buyer yet? Dropping like a stone now!! Best to get out while you can.
She was a former cabinet minister and will be in future if there was a ff/sf coalition
Quote: “if the Government is serious about addressing the economic disparity between Dublin and the west of Ireland, it must reconsider its relationship with Eamon Ryan and the Green Party's climate-change agenda.”
But let’s hope vermillion are successful in their fast tracked case on that windfall tax .if so, maybe use it to finance Eog drill
I am more optimistic re Ireland than before .The greens will be gone within the year , neither Sinn Fein or FF will want them .
Very interesting to see Lisa chambers , the most influential FF in Mayo publicly distance herself from the greens
Yes totally agree with you - EG it is and maybe some upside re wressle if they get a move on
Country will pay the price for political approach to oil and gas industry during period when renewables are no where near ready and the world so dangerous a place
I am going to agree with you here. It is all about EG now. The political situation in Ireland is to much of a risk for any potential farmin imo. Serenity that's a non starter now since deltics Rns. Cloughton will probably run into the same barriers with a incoming Labour government and Wressle is never going to move the dial significantly. 6 months is what I will give it for a farm in in EG otherwise we may aswel throw in the towel.
Let’s face it does not take a genius to work out the sp can’t go any lower - ffs it is at .85p - I bought years ago at 8p * I am entitled to be a deramper - trust me, it is not something I enjoy
So obviously it can only go a tad higher - perhaps to .95 or the dizzy heights of 1.10p. They had the chance with wressle to make us all some money and blew it
The deramper onslaught has arrived normally means increases in share price are due
Prowler, you will be waiting for a lot longer than 6 months for anything to happen to the sp unless the directors change their strategy. Any money that comes in from Wressle is immediately poured down the drain into their fat salaries and bonuses which they do not deserve at all and into over the rainbow projects that they cannot afford . The Directors think, delusionally, because of the present Wressle income, it is a multi billion pound business they are running, but it is barely surviving let alone thriving at all. The directors need to get real, wake up and smell the coffee and Change their tack , now!! They are throwing good money after bad chasing a dream farm in which will not happen this year or next. Four times they have tried and not a sniff of a farm in from anyone. Bunch of losers, fall on your swords and save the company millions of pounds a year!!
As much as no one who is invested here wants to hear negative posts, the share price speaks for itself. It is entrenched at sub 1p and I really believe the only way up is a farmout or merger. I have serious doubts Ireland will ever get farmed out so that really leaves EG. EG seems a relatively sensible place but there are several small companies in EG who will need to farm out, all vying for the few large players who can afford exploration risk. The sensible thing would be to merge several EG assets together to make a large portfolio.
IMO, I think if the BOD can't show an increase in share price by late Autumn, then the company needs to look for a company to merge with and that may mean kissing their nice, fat salaries goodbye for the sake of the shareholders.
Am out at 3.5p had enough of of oil and gas industry imho
Anybody remember the Beverly hill Billy’s?,this lot remind me of them imho
Just thin liquidity
Looking at the share price now,maybe you are correct. Anybody any ideas for latest fall
I'm surprised you've not suggested HEYCO are driving the share price lower yet Hydras .. prior to making a bid ? Wasn't that the thoery with UJO a few weeks back, before the share price improved and you disappeared ? ;-) As for the company folding .. FFS, get real - millions ££'s flowing in from Wressle (30%) and will be for a long time. Like most shareholders, I do agree this 'quiet' period IS frustrating .. but fast forward 6 months and we could see a VERY different outlook for EOG with Equatorial Guinea and Inneskia both in the mix for a farm out. If just ONE of those projects comes in, expect the SP to be multiples of today's low value .. EG looks the more likely at this stage imo.
Flombo, the truth hurts, but the sp will get a lot worse than what it is now, unless changes in the Directors strategy are not put in place soon. Things can get much much worse, than the dire position they are in now, before they can get better and sp improves. The Complacent Directors need a wake up call otherwise the company will fold. They seem to have lost the plot completely!!
He/she had to move over from UJO.
You are doing your best to damp down the price of this share with your daily rants .
Bobbyb,
These talking shops are just a means to kick the can down the road and keep the Directors fat and unearned salaries coming in. The shareholders need to see positive action by the Directors in areas that are certain to provide some decent income and start to reward the investments made and increase the sp. Directors need to invest the Wressle cash into an oil and gas development that will succeed but NOT go Kite flying in the UK or Ireland or go for ultra high risk projects and ultra high cost pie in the sky developments that take years to obtain any possible financial returns. Change strategy to near term low cost easy to develop projects in oil and gas friendly countries. Listen and learn after your abject failures in Morocco, Ireland, Serenity and now EG !! All high class glossy hooker type projects where Directors fingers have been burned at shareholders expense. Will they ever learn after all these extremely expensive failures?