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Inishkea, Serenity and now EG. If any of these current projects finally come to fruition,I wonder where all you little piggies will be. Lining up with your snouts firmly in the so called trough. It's a funny old game.
It’s having the ability to execute them not the quality of the assets??
Who says they don't have the ability to execute them. You must have a vast wealth of knowledge when it comes to Oil and Gas exploration. Back to my point if sentiment changes here where will you be. I don't see any point waking up every day slating the management. I suppose it's the glass half full and all that.
I love your enthusiasm it’s refreshing, I probably don’t have as much experience as you but I can just about read but truthfully it’s six years of failure and a 25k loss that does it for me.
Maybe that’s small change for you?
I learnt too late aim isn’t all it seems?
G - can’t believe there is any lth here who isnt sitting on a loss. But either we think on balance the SP is going to go up - so we hold or we think it’s going to go down - so we sell to preserve what little is left. What other options are there?
@Gardner.. Been here longer than I care to remember with north of 65k in here. So we all in the same boat. AIM is a massive gamble that's why we are attracted to it. I have no more knowledge than you my friend. So yes my glass is half full. Takecare.
Until they start performing and not just taking the money they need to be reminded of their short comings. I’m not Intentionally trying to boil the p*** of board members here only the other BOD.
After todays news I’d say they are performing.How long do you think this deal has been on the cards for.They don’t happen over night.
Well hopefully todays news will start to invigorate the share price and those that want to exit can leave and those that see an opportunity can buy in.
Of course they’ve got to find a farm in partner,we’re a junior e&p company.
If ive read it right, one of our new friends over there might be able to help it along where otheres will struggle
Well if newsflow drives SP January will be a busy month. EG presentation on 3rd - Inishkea licence technical ends on 31st. In between we should have update on improved Wressle flowrates, the Wressle CPR, submission of Pstones planning application and an update on Cloughton drilling location and next steps there.
Heidi. Not following can you expand, who are our new friends?
Serif and Bobbybee,
The problem they have is the number of shares issued at a low price. Everytime the share price goes up you will have sellers making 10% return at 1.3 p. They really should instigate a share but back program and drop their salaries so shareholders see they care about them and not just themselves. It is an uphill struggle with a billion shares many bought at low price
I’m not convinced that share buybacks really work for companies like this (they haven’t with UJO). But I would love them all - including the new non-exec - to start buying more shares themselves. Look what happened when WA bought a decent chunk last April. The SP was at 1.6 in no time - so I don’t think number of shares is a real hurdle if there is significant buying going on.
And look where the share price is now, it is the sentiment that they will be reducing the number of shares and yes they need to buy shares all of the BOD. WA bought 150,000 pounds worth, that is a chunk but didn't have any lasting effects. The BOD need to step up to the plate and buy at least that many between them. If they believe in this project they will.
Will holland buying... To quote Tommy Cooper " JUST LIKE THAT ' More to follow
Well he gave a commitment that he would buy when he could in a recent interview and I guess he's out of a closed period now that the deal is announced.
Interesting holding