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He owns over heaps of shares, doubt his 300k salary will cover the skin he has in the game
I see the Alexa and Philip team are out in force.
Pinch of salt with these cretins.
James Simon has been outed for what she is - self confessed. Briggs is her other half from the same address. I see the Vampire Kitten login and password has been resurrected.
The fall today (and unfortunately tomorrow) was always going to happen if promises made aren't kept.
We'll see the cut of the CEO and his Directors tomorrow.
Will they RNS a deal (Don't think so)?
Will they ignore us (possibly, but a dreadful move)?
What will the excuse be (it better be good)?
For most of us mere mortals, we only have ourselves to answer to.
Not so for any Institutional Investors. They have bosses and Clients that need explanations and answers regarding their investments - why invest, why stick, why not sell?
Devils advocate now - we have an RNS from 29/11/2022 which (I'm sure was good intentioned) gave us two target dates - Possibly December 2022; certainly March 2023.
Both have self evidently missed (unless the Hail Mary lands tomorrow).
I wouldn't want to be one of those fund mangers explaining away losses (you were given two milestone dates and BOTH were missed, yet you stayed invested? - rather them than me). Like I said, the rest of individuals stand or fall by our own choices - I haven't sold any, nor will I - nor will I buy any more at these lower prices. Feast or famine for me).
Let's see the cut of these guys tomorrow.
They issued the RNS with the dates (which at the time, were hugely re-assuring to us).
But this is the rod they have made for their own back.
The share price is collapsing.
It's collapsing on the back of statements made by our Board.
It is up to them to address this problem and re-assure/ mitigate the damage it is now doing.
If they have any integrity, they will fess up.
If they have any ability, they will fix the problem and deliver the promised deal.
If they want to treat us and our investment with contempt, they will remain silent.
7 am tomorrow has to be RNS time - good or bad.
If we get a F/O, or even HoT tomorrow, all good.
If no RNS or nothing substantive, could be dicey....I agree we'll see a deal at some point but in the meantime... ooof
I told you so, perhaps? One day I guess holders here will man/woman up and vote to sack bungling Benitz. Until then you have the privilege of paying him 300k a year for destroying shareholder value. Co now worth less than capital raised over the years, and the tw4t has the audacity to claim 300k for delivering shareholder value.
Relax, don’t panic. The fundamentals are unchanged. Time frame will be extended tomorrow but the deal is still on.
Surely any CEO would have had the same Greta obsessed politicians to deal with , the green agenda is our nemesis. Grant Schapps today ... unreal BS-ing WOS.
No it didn’t! Let’s see what the company has to say. No need to panic - although clearly a lot of retail holders have thrown the towel in. Risk reward looks good down at current market cap IMO.
“Added £5k at 170-171. Watch this bounce”
Well this bold prediction hasn’t aged well.
Someone has clearly (and understandably) lost their nerve from some of the chunky sells today but fundamentally the situation now is the same as it was at the this time yesterday, I think most of the LTH have already stated as well "**** or bust", it has always been a binary play based on a deal (or not) in my view. I've been waiting for an RNS to drop into my inbox for weeks and now we're at the final hurdle I'm not sure anymore I want to open it when it arrives GLA and hopefully we'll all get the news we want tomorrow
Capitulation before the bounce maybe? I was buying below this price last year so wheres the problem. Those who bought higher are clearly bothered. The asset is what it is and will remain such. The BOD may have questions to answer depending on how this works out. The EPL did us no favours but it does look as though it may be watered down. Ive seen worse s@@@ shows and hopefully this will eventually come good once weaker hands have folded. ALL IMHO GLA LTH JOG'ers
I notice 2 or 3 trades of 75,000 today which must have been sells from earlier.
I’m still holding my shedful as I believe the deal will undoubtedly be completed. Just a matter of when!!
At the current price JOG is remarkable value imo.
Their view I imagine would be similar to mine. You are a complete bell end.
What are the views of LTH’s have we been shafted by the crooked Bod . Is this going to be a carbon copy of sound energy ?
Appreciate your feedback Dick, Jim etc
I was going to wait until 7am tomorrow to give JOG a final chance , but the share price is haemorrhagging so badly i have decided to sell.
Carbon copy of Sound Energy CE is very high profile to begin with but once sufficient funds have been raised and directors are on a very health salary scheme where they are in a no loss situation they go very low profile, and you very rarely hear from them.
Only lost £3800, but I feel very relieved I am out .
It does not take 2 years to find a farm out partner. The conditions improved enormously in Feb 2022 when the Russia /Ukraine war started and the UK govt policy was a 'Dash for gas in the North Sea'. The windfall tax did not help but the opportunity was lost last year.
I wish the best of luck to all long term investors and I hope the situation with JOG changes very quickly for you
Benitz credibility is right in the gutter !. He cannot be trusted , very crooked !!!!!
Sack him the lying swine !!!!
The coming sp drop is going to be biblical. Tomorrow afternoon or Monday morning is when I hope to pick up more shares here in the double digits. And no this is not a deramp, why would any deramper bother? Jog has bungling Benitz who is far more capable of destroying jog shareholder value than any deramper on these boards. It was so completely unnecessary to come out with these time scales back in November, now that he can't even deliver on a certainty four months down the road he is going to be shown up for the worthless CEO that he really is. I would not be surprised if the delay RNS also includes a fundraise to keep the lights on. Enjoy paying the salary of bungling Benitz, I'm sure Dick and his crew enjoy paying out rewards to this failed CEO.
Sack Benitz !!!!!!
7500 just sold at 146P Benitz should be sacked.
Does creative deal making mean fund raise ?
... of filtering the Muppets if some of you quote their gibberish in your otherwise useful posts. I'm not interested in the views of sundry self declared fruit and vegetables.
Now, now, JS, don't be so negative about bungling Benitz. If you keep criticizing him, you'll have Mr. Upem soon telling us all how wonderful JAB is, how they've worked tirelessly for the benefit of all, etc. I know we have the genius RL on this board, but I am starting to seriously wonder if DU isn't actually bungling Benitz himself.
Ha ha
For the first time ever I've reached for the filters, what a clown.
Dgdg1 what are these clowns actually doing ? . We all know the shareholder revolt at Longreach . Mr B is used to shareholders throwing slippers at him , reminds me of Mr Bush and the Iraqi journalist. I’m afraid his public relations is non existent and for all we know they all could be sitting with a couple of women in Ibiza enjoying the sun and booze .