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in all the dealing in the stock market AIM and otherwise I have never seen so much hope bought for so little money,all this in the last couple of days for 5000GBP,i better forward this site to David Cameron so he can share it with the masses..this has really got a bomb under it now just wait till the fuse is finished burning , problem is still the management .
we need a neck breaking bounce and not just a twitch .... Lets hope. had this written off but happy to hang in there to get some reward .....
I share your pain London! Still, only 15 days of 25% rises per day and we'll be back to break even. here's hoping... (It's strange how another of my shares is up today also by exactly 23.53% and yet it too still languishes very, very significantly below my b/e price! It just goes to show that every dead cat does bounce!)
23% up and I am still 95% down .....
Watch when we get 4 mil and farmout news will fly and oil strike sky is the limit
im about the same average about 45p in new money lol
Excellent my 98.78% loss is now 98.76% loss, the sky's the limit!
Yes still have a small holding here avg 1.8p but lost £6k last time round & no issues on Puka 3 result..now KEA are expecting something completely unrealistic which takes minimum 6 months to prepare..
Yes still have a small holding here avg 1.8p but lost £6k last time round & no issues on Puka 3 result..now KEA are expecting something completely unrealistic which takes minimum 6 months to prepare..
I've not sold out at all and waiting for the end game... Whatever that maybe it is a risk I took and money I could afford to lose.. But if they do raise the £3 million then that will be welcome for me.. Do you currently hold kea as I do remember you buying when it was around 1.8 went it down from 2.5p ish. You were saying it is a good price to buy.. If you got nothing invested in here then you should not complain wait for the outcome of the placing. Then once a drill is confirmed buy on and sell before the news this time.. I'm sure you will make couple 100% from these levels recoup some losses.. I've not added a penny here until that is known
The only way is up...er baby? Wouldn't want to be out of this one over the weekend... hmm.. come to think of it - I probably would!
http://www.directorstalkinterviews.com/kea-petroleum-plc-weve-changed-the-odds-in-our-favour/412663572/412663572 I got a good feeling they will get the £3 million required and the funds will be used for the Shannon prospect and operations. Darwin will go all out to make sure the first Primarybid is successful as KEA are the first to do it... no doubt they will be firing on all cylinders.. Shake it seems like your the joker in a pack of cards with all your comments.. if you have no interest in this share then please move on to a share that you can praise and make sure your investments goes up.. Nothing meaningful to say either.. MEO do not have the money to participate in this drilling.. they are struggling themselves and MSMN have been after them for a while.. they seem fragile and got there own issues.. I am down considerably is well, but unlike SER we do not have any debt but an asset that is salable.. but look at SER now.. on the verge of getitng de-listed saved by the consortium.. and currently a director from KPMG and a non-exec from Sound oil.. and awaitng a CEO, then a potential RTO and the sale of an asset. Now that is turn around.. after many years.. anything can happen in AIM... one KEA get the funding this will shoot up again!! and once drill announced watch this go!!..
Why are MEO not participating in this drill? Due to low quality 3D which incidentally IRGS squandered NZ4.5M DOLLARS of investors cash on..
thanks. Ha. Ha. Ha
I had to go back and read this again,-- if -- what a read,some things are pretty clear as I have said before the BOD hasn't much idea at getting the best out of the shareholders dollar, according to this they were sitting on one of the most attractive discoveries possible in the country and now claim they didn't know it even after spending 20 million GBP, then went on to spend 15mill NZ on a rank outside probability, in some of the countries most complicated and least understood geology. Da_Gee to me this is not managing risk and managing the best use of knowledge perhaps they didn't pick up on this wonderful opportunity. there is a lot of poor management recorded here and it aint going away by the looks of it, trying same old approach looking for a different outcome, crazy.
some people here think they have brain but full of xxxx and nothing else to do but moan and moan plus shake the money wonder why they are allowed here been kicked out so many times but still they dont learn
A rise to 2-3p should buy me.... a packet of crisps.. (also down a cool 97% here)!!
on how positive the build up to puka 3 was now down 97%, enough said
With you on that post.I have reluctantly thrown a few hundred in just to average down as much as possible.With my luck in this share chances are that they are not going to raise the money...........However if there is a last hurrah,and given more dilution coming, then I need to be a lot lower than I have been since a couple of years ago.I'm sure there are a few long term investors left,not many I guess,but good look to all new and long investors waiting for the RED on Friday. Feels like August 2014 all over again.I might add that if they raised the money by now they would be straight out with an RNS. GLA
do raise the £3 million required and proceed with drilling the shannon drilling in Q3.. all these people mentioning the £3 million is not enough for a drill i believe it will be and there in discussion with regards to a 'Farm-in' and not takeover bid. Our drills are not that deep PUKA 1 was about 1400 meters and PUKA 2 was about 1700 meters..so 1000 meters from the PUKA reservoirs is about 2400 meters approx..total depth to be drilled.. £3 million equated to about $Nz 6.34 million.. i rather get some money back.. all or nothing.. guess those bickering have sold out and have no interest in KEA.. At the end of the day your in AIM and it is high risk high reward.. you only put in what you can afford to lose.. ALL Investors who want to purchase shares may as well buy them via primarybids.. if they have exceeded a million in 4 days weeks sessions including General election then i'm sure by this week they should be able to raise the funds.. plenty of investors out there.. as this will rise to a potential 2-3p if successful.. key for me is raise cash and confirm the drill date for Shannon. FROM RNS For the avoidance of doubt, I confirm that the Company has entered into discussions with regard only to the securing of a farm-in partner under the strategic review process and not with regard to the securing of a takeover bid (either by way of general offer or scheme of arrangement) for the Company. The Shannon Prospect is a potential oil field in the Tikorangi limestone formation, some 1,000 meters underneath Puka Mount Messenger sand reservoir
not long till Friday Robinson ,darn,if they had got the 3 mill it would cover, BOD for another 12 months & office expenses and more travel, plug and abandon any suspended wells, if there was anything left that would go some way to fund the litigation if they could negotiate a deal, which they should have already so the BOD could focus on creating shareholder value, there isn't anything left for drilling or getting the Puka well to get back into production, Farm out looks unlikely as they have dicked everyone they have managed to sucker in so far.15 million for the Mauku well Methanex stumped 50% of absolutely nuts,Shannon is a similar well these guys cant do it .pack your suitcase.
They only want the money to continue the disgusting fees they charge,,,, This 3m is no where enough to drill another well,,, I'm in the industry,,,,don't be fooled,,, they are pathetic
Well I do hope they actually get the investment and that gives us all at least a chance of getting some of our cash back. At present I am sitting on a 80% loss here ... I am not putting any more money in here however if they do get enough money together it gives us a glimmer of hope of getting something done rather than where we are now drifting in an oil-less sandy pit.
Hi spud I bet your right BOD has lost nothing Shareholders have been absolutely fleeced This is disgusting waste of shareholders investment,,,,, 3m is not enough to finance another well,,, only enough to keep the fat pigs in the life they have gleamed from the poor mum and dad shareholders/owners of this company.. Money has been squandered.. I hope they feel really good about themselves,, if,,after they raise 3m how do they propose to drill a deviated well on this budget ????? This money is only going to bod to keep the trough going Please do your homework Good luck all
12 trades in the last 7 days - why would people be investing in the crowd sharing fund at 1p when the SP is .85p? There is no momentum here due to the extremely poor business decisions made by the BOD. As a % of wealth I bet most of us here have lost more than IGS...