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Put him on filter
Billf - he's only here to try and wind people up. Ignore him! I have.
A million thanks for all that! It really helps those if us who actually hold shares to have altruistic (and not remotely pompous) people sharing their gloating, self-satisfied thoughts on the situation. Have you nothing better to do with your time?
So today has been a watershed low in the extremely troubled history of NUOG. Yet another of the over confident and pompous significant holders, Mcadder, has sold out at a near 50% loss. Just like the one before him, Seadog, and a collection of others Sharelock, MajorMinor, LastThrow, WOBWAT, et al to name but a few who have pontificated, defended the company and made disparaging and threatening comments against anyone who dared to question the veracity of statements made by the company and their lack of delivery. There was always something going on in the background just about to drop, a network of secret groups, being fuelled by whispers from the company. All morally bankrupt and highly illegal but yet encouraged, the end game to maintain the SP & lure in unsuspecting new investors..
So as with all good things (the Minty’s NUOG gravy train) seems to be finally about to hit the buffers. The lies and smoke screens have been exposed for what they are; there’s never been a flow test in NF, no negotiations to get a better deal from other interested but instead a bitter dispute has been rumbling on. The “agreements” with names like Abel, Petrofac, manarvi, Siemens, Akers are simply intentions to explore business opportunities to provide services, nothing more nothing less. The Brazil and Chinese holdings companies nothing are nothing but companies house listings intended to give the impression of progress or substantive work and representatives on the ground glorified sales agents (anyone heard from Evo recently?). Brazil has fizzled out into nothing if indeed it ever was something but we’ll never know because in all honesty the company have never uttered a word about it in formal communications.
The latest GTW exploit with suitors lining up to provide seed funding has been shown to be yet another carrot dangling, money raising falsehood to try get a placing away and here we are 4 months later with our new Exec Chairman coughing and spluttering his way through a hurried podcast, blaming nasty PIs for their dire financial position and desperate to raise more funds, and for what exactly? We only know all of the above, and indeed anything from NUOG because they are forced to or the passage of time means its been exposed as false.
In all honesty that’s why the likes of mcadder has sold out. He’s a professional gambler who’s cut his losses to minimise risk and anyone sensible still in here would do the same. No “victory” will come from stubbornness, further funding this charade and the morally corrupt or from total wipeout.
Indeed, these last two weeks as the SP has fallen to 4 year lows there’s not a word from the company. Now what does that tell you? No details, no hope, no credibility and no capability to do anything(which has been proven time and time again). Last man out please turn off the lights ....
Theyd be a few here that wouldn't be here if they didn't listen to seadog and is 28p on fresh air probably was mintys alter ego.. gl I did tell all I've seen them come and go its ashame he'll never show is face again to explain is constant ramping... to think I was the troll only was I saying it as I seen it which was nothing when the flow test never happened that for me was alarm bells ringing I do hope they deliver something but how long do you after wait after the infamous transformational interview. This bod should be brought to task.
I believe that many companies or brokers on AIM deliberately leak info to a chosen few knowing full well that it will then be passed on and will have an impact. People love to think that they are in some sort of ‘inner circle’ and know more than other people. I’ve seen it on a number of shares other the years - Range Resources was another very obvious example of this, for instance, back in 2010-2013 era. All you need is a few whispers in the right ears and things snowball - as long as occasionally pieces of news do actually land as promised to give credibility to those who think they’re ‘insiders’ (in reality they’re being used without realising it)
It's like Two bloggers and a snapper on here
For me Gary there is a big ring of leaks coming directly from the company via large shareholders. Who are not NDA individuals and spreading that information around like gosbel. That was the problem here .
It hit 22m last year on nothing but a flow test on previous rns s well won't flow traincrash. . Go figure that one out.
It proves how FOMO and baseless ramping is a very dangerous combination. As proven by the hefty red losses in pi s portfolios..
you really are delusional if you are comparing yourself to garyn, hahahahahahaha made me laugh twice in one day! brilliant
He event titled it as his report on the AGM proceedings and gave bullet points! As it happens the company then had to clarify the resolution after I emailed AIM Regulation plus the Nomad to query it
You keep referring back to that - but when the largest shareholder in the company states something publicly, via a post on here, then why wouldn’t that be a reliable source of info, given that he attended the meeting? Also, why is that any different to a lot of people accepting posts from the same person as being factual just because they happened to be positive on those occasions - same for the various posts on the private forums (often not so private!). Some of the leaks I’ve heard have turned out to be accurate - I tweeted about gas-to-wire around a month before the RNS came, for instance!
Garyn is a blogger you see.
Very exciting past time.
You would be surprised what you learn. Also others should listen more to them. We mean well but get attacked or filtered on a daily basis.
It's a big shame..
Gary, you make some valid points but it’s the gloating and excitement you can’t hold in that makes you lose any credibility. It’s not what you’d expect from a ‘journalist ‘
Followed by articles using lse posts as your info source!
It’s not a case of sticking the boot in, I’ve just always given my personal opinion of the company and the news it was releasing, which at times results in torrents of abuse being aimed in my direction (going back to the days of posters like Wisecrow and long before that as far back as 2011). Hopefully my interpretation of what was going on, from 1.8p down, may have saved a few people some money. I’ve never been short here - maybe I should have been but I don’t tend to short small AIM cos, and if I do then I’ll happily declare that I am when commenting on them.
W a r r a n ( t w a t ) w a t c h e r .. that is bloody hilarious
Warren****cher, don’t get me wrong, I’m as sick as the next believer of official, nomad approved, director vetted RNS Investors .. but I doubt the nod nod wink wink crew ever left the building in the first place; so it’s never going to be a level playing field here. I gave up contacting Company big wigs years ago because they only want you to hear what they deem is not price sensitive. Even with all the set backs NUOGs has self inflicted on itself, the mind boggles at the lack of impact certain news feeds had on the share price; sadly that’s the price you pay for Insiders tactically being manoeuvred by amateurs and greed merchants. Seimens, loan conversion, ex BP monotone big shot recruitment yada yada all in the public domain before official announcement, coupled with a severe case of investor fatigue and shoddy sentiment crippling the sp to where it was today. If I was true to myself, I would have and should have sold on the lame excuse of the OO given for decline in sp; all 85% of it since the new year.. the mind boggles at the deep psychosis that can metabolise in the mind of the medium term Investor.
Anyway, hindsight a wonderful thing and all that..
is there a newly formed twitter group around somewhere where the grass appears greener?
I think it was gains from else where, naive on his part. i am sure he has learnt a valuable lesson. respect for getting out.
Got to say that this did make me giggle.
Also goes to show just because someone has the funds to take a big position in a stock doesn't make them any more informed or educated. I always suspected Mcadders motives especially after the NFL discussions last week when he back tracked on what he previously stated.
Now lets see what happens here & when the inevitable placing comes, its all a case of what happens at the same time, will it be the holy grail of a deal or the more likely consolidation to enable the placing to tale place - it really is a roll of the dice from here
Don't worry, they are plenty of other big oil and energy services companies with whom non-binding agreements with no specifics whatsoever can be made to lift the SP by 5 - 50% (depending on the gullibility of the PIs present at the time of the RNS release).
Well another exitting day in the land of NUOG. MC adder and roy SCOT leave the party for now. Personally I do hope that we’ve seen the last of macadder and that he’s not been given david macallum insider status ( nothing personal Macadder ) just want to be proved wrong that this company is actually operating within LSE rules, just like all the other friends and family run outfits on AIM. The king of talking down his own investment has perished today, long live the king. In a sick, masochistic sort of way, today has been a real watershed day in the history of nuog, eneg.. over to you garyn to stick the boot in.