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Master82, well said. %100 agreed.
Blame MB .
Over the years MB has made bad judgement and hence we are here.
30mill blown in chasing dusters. It is business sense to drill appraisal well first and then try and chase other unknown territory.
He messed up with no paperwork when drilling heron and gazelle. Which cost a fortune and wasted time.
Because of MB and his organisational skills we are still waiting for all sorts of agreements when there's limited amount of time before season starts.
He is the reason why our investment is in a ditch for the past few years.
Personally i think MB might just have chosen that time because of the presentation to have a short holiday and the presentation date timed it all nicely. The presentation was around 7.00 i think it was that MB was on which with a 7 hour time difference to Singapore or Mongolia would have meant presenting at 02.00 in the morning his time. I do not know about you but after a days work i am far from my best 02.00 in the morning and the performance of the presentation would have been poor and then everyone would complain about the performance and presentation. I think he just timed the two together so that the presentation was 20.00 Italian time.
master: Bashing MB just for the sake of it just doesn't cut the cake.
So if you actually know something, then come forward with it. How do you know what he's and how he's doing it? You're just like Hamm: Bashing for the sake of it (who picked up the "Italy" issue 10 days ago - and knows nothing more since then). Give this BB a break.
On paper this is very good opportunity but we have a ship without a captain.
MB needs to be back in mongolia and start interacting with Intrested parties and show the market that he means business and not just a blabber mouth.
So far Not exactly going to plan.
FA posts are a good reminder and summary highlighting the MASSIVE upside ahead. Negative posters are on every board. Just need to focus on your own Investment strategy whatever your entry/ exit price might be.
Too much pressure building here in the cooker.
At some point the lid will be well and truly blown off. With very few shares in issue, this really moves fast when on the go. Some are pretty lucky to still be able to get in sub 5p.
DQE updates on both Block V and Heron could provide that trigger / spark to light the fuse.
One of the most "Undervalued" stock on AIM.
NO DEBT
$10M CASH in bank
HERON oil production to commence soon
Block V - Massive Exploration upside with working Petroleum system and similar geology to Block XX
Heron oil to be benchmarked closely to Brent crude ($122/bbl).
Target production 6000 - 9000 bopd range.
Explosive Upside from Block V with potential few Billion barrels untapped oil. Velociraptor would kick things off nicely there.
In next 2 years i fully expect this to be closer to £2 per share or higher.
Each to their own.
IMHO, DYOR.
April's around the corner. As Delia once said, Let's be havin you.
Dozza………….Jeezo, just look at yourself, you are going to have a cardiac arrest if you carry on like that.
Aspers ha ha pot calling the kettle black, I'd rather be the type of person I am than a snake like you are. You've got a nerve you don't deserve respect and don't show respect to other investors with your actions. I have respect for everybody who wants to make money except sneaky underhand investors like you. You're the one calling people out like FA, Mister Positive etc, you just don't like it when it's done back to you. So go and hide back behind your keyboard you little warrior or perhaps tell mommy and daddy some person on the BB board is saying nasty things about you. Grow some - if you want to give it out expect some back. And thanks for your concern but I am far from an heart attack - and extremely calm ATB
Dozza, what a lovely person you are, I am sure your parents must be very proud of you using language like that towards your fellow investors just because they have an alternative view.
I like you are here to make money and despite what you think I still hold 400,000 shares which hopefully one day may make me a few bob.
Please start to pay a bit of respect to everyone that posts on here, there really is no need to start throwing your toys out of the cot because others dont have the same view as yourself.
As for being quiet for a few days I have had a couple of back to back sectors to fly so not felt the urge to post here. Now please toddle off and pour yourself a Horlicks before you have a heart attack
Badprophet - all good - we're all here for the same thing - we all want to make money - whether you're a LTH or a trader each to their own - I have no gripe with that at all - I hope we all make money but not to the detriment of others. Aspers actions stink - calls other people out - bad mouths the company - buys in - goes quiet - sells for profit and then bad mouths again - despicable behaviour and the lowest of low in my eyes. So he will be called out as well - and he don't like the truth - Badprophet - all good - look forward to a - fingers crossed big RNS soon to benefit us all
Aspers
Conversation end of last week had already moved on from the rig discount / premium debate??? that some instigated....
To below 2 actions.
1) We waiting for DQE quote for Velociraptor
2) Waiting for finalisation of the Commercial terms of DQE proposal for Heron and the relevant approval from Petrochina.
Barchart is one of the most reliable Technical analysis based on 13 indicators spanning across Short / Medium / Long term indicators.
BarChart opinion / rating jumped from +24% last week to +56% now.
Also 50 day EMA firmly above 200 day EMA.
We are in a good place and firmly making a solid platform before launch ahead of DQE updates for both Block V and Heron.
Dozzy - calm down buddy - forum banter ain't worth having a heart attack for!
Aspers there seem to be 9 people on this BB who must be smoking as that's how many have recommended the post. I can take the heat not an issue with me at all as I said nothing wrong with people trading - but when you have been negative on this stock and continually have a go at posters who post anything positive who are not ramping just stating RNS info - to then state you have bought in at 3.48 - to then not post anything negative. You sell out and then start negative posts again. Your the one full of sh*t mate - can **** other posters off but just don't like being called out for what you are. How the hell you have got the nerve to slate other posters shows the type of a*rsehole investor you are. Shame on you you
I was expecting something this week. Q2 next week!
Dozza…………FFS man what are you smoking? Do you actually think someone posting a slightly negative post on a BB will actually affect the share price? Doh! If you cannot take the heat don’t come into the kitchen.
If you are that worried when someone posts a negative comment then maybe you should just stick to buying scratch cards.
Volume on US OTC picking up also slowly.
Closed at 5.75 cents = 4.35p
MMs doing bit of arbitrage may be. Buying cheaper from us and selling higher on US OTC.
Should see a graduall rise here before news.
Q2 starts in a few days.
Aspers b*ll**** and you know it - deramp company then buy in at 3.48 - go quiet on BB - sell out on raise and then start deramping again and trying to seed doubt with your comments - if you want to trade that's your choice but cut the b*ll**** it don't wash anymore
looks like that's the morning shake over, cleared the 10/15% traders out from 3.5p last week back to 4/4.1
Brilliant strategy!
Dozza……..as an insurance policy just incase I have called it wrong.
Block V with a proven active Peroleum system could turn out to be a monster for the company with many billion barrels untapped potential.
600 million barrels just from 3 drill prospects.
Velociraptor is drill ready by the way. Waiting for a quote from DQE for that one.
Sometimes we need a regular reminder to reinforce why we invested here in the first place.
DQE can fast track multiple drills at Heron in double quick time reaching 6000 - 8000 bopd target a lot quicker.
Using above range, Annual revenues would be:
6000 bopd $219 million per annum
8000 bopd $292 million p.a.
MCap will simply adjust Higher accordingly.
For a company deriving $200m -$300m annual revenues, MCap should be closer to $1 billion generating over 20% in Yearly revenues.
Need to focus on future MCap which should potentially be many Multiples of current MCap.
It's one of those days where the MM'S keep the shown spread wide so all buys get shown red.
Hold as next move up could be big.