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Quite certain its more than Stefans Earl Grey. Time for a top up I reckon.
Oops not has reserves! Gas reserves!
Been watching this (still holding 5 million) as patiently as I can and confining it to the famous bottom shelf! SO needs to take a look at what he has achieved here (not much!) thankfully he cant screw up AJE as he has little say so on what goes on and doesnt bother informing his PIs of what he does know. Needless to say with OML sitting so close to Lagos with its humungous has reserves not even he can screw this up. Not only is OML113 so close to the industrial centre of nigeria it also sits where the west african pipeline goes offshore before heading east to benin etc. In addition with the huge OGO field traversing into our license area, news on many fronts must be nearby with the silence we have had from the company. Stefan tell us what you told the chinese and we will let bygones be bygones- chance is you will want another job down the line! Dont tarnish your name as iv given you benefit of the doubt so far. Having said that im in no hurry- half my shares were held with beaufort and hopefully il get these back. Anyone else been affected with beaufort being put into administration? I had more than £50k held with them so if 5hit really hits the pan i might be looking at a loss....... hopefully not!
NONsensetalk- i thought you werent going to post as per your post on Thursday?!! Thank god if you have sold out. If you have sold out I couldnt think of worst timing and if you havent you clearly cant keep to your word! So what 1 is it? Infact dont bother replying as the hot/cold nature of your posts here leads me to think you need to visit the doc. ATB with your health.
Oops meant my full holding.
Thats mates rates buys as at no point eitheryesterday or today could I even sell 500k shares at that price let alone my fill holding. Were dummy sells and as iv said beforeI wont be out of here until 2-2.5p- call it over confident if anyone wants but we will get there by year end. Atb
To the chap that said Jenwell made a killing- did you read at what sp they got the shares? Doesnt look like you did. Was at a premium of 90% at the time and a price of 0.8p. On the day of the rise there werent many sells above 0.8p so sorry to say they havent made a killing... YET. Problem with AIM is most investors dont have the patience and the MMs dont help with the uncertainty- prime example today-a drop of 13% in the mcap with only a net difference of sells being circa 850k shares- (350k if the trade reported this morning is a buy rather than a UT - it defo isnt a sell at that price). Thats a drop of £1.4million in the mcap for a difference in shares traded of £5,500!! Couldnt honestly make that up if you tried but yet the MMs get away with it. Holding long and strong- if the chinese want to buy us out they can have mine at 2.25p but thats before we find out about the gas CPR and our deal with the adjacent OGO licence holders (lekoil) that crosses into OML113- aka our licence area.
oopsie meant well done - somethings will never change and the spelling mistakes I make here I think will be one of them! Il blame the fat fingers!
Well dont to those who held on or topped up during the drop - I honestly cant believe this dropped that low but it did. Unfortunately I had no funds to top of further but just this morning was looking at what shares I could sell to buy more in here. Work got in the way and now bang the cats out the bag (is that the term?!). Still holding my 5 million but just wish I had got in during the drop. Needless to say this is still undrvalued and I wont think about selling until 2-2.5p depending on what news arrives on the way there.
No worries Mick we all make mistakes- Iv made my fair share! Honestly having a sp at 0.53p when AJE is likely producing 7-9k bopd is bannanas if you ask me- Gas CPR and outcome of negotiations on OGO (crosses into our licence area) is what im here for. Right now the profit from AJE undervalues us on its own- never mind the colossal gas at AJE and the hige OGO field - let the above two get into the newsflow then im certain there will be many happy PIs here.
Huge discount?! Your clearly not invested in here are you?! Was a premium placing at 0.8p and thats when the sp was below 0.5p. If your going to drop afew subtle deramps atleast get the facts right buddy. Other than that a happy new year to those still holding.
Lets hope 2018 proves to be a rewarding year for the lth's here. One things certain is that even with the current lack of news this is well undervalued. Patience will pay off here for sure. ATB
Been keeping away and letting the doom mongers have their day(s) here. Always knew logic and common sense would prevail here. 90% premium for the conversion- santa rally for this week? Well done to LTH just dont sell out too quick!
Apologies for the delayed response gfb258- im genuinely scratching my head here wondering wgy there is such a disconnect between the sp and what iv worked out the sp to be. Yes poor comms etc dont help but if there was a way of turning £1 into £4 how many people would pile in? The potential here is alin to that but yet theres hardly any takers.
MCAP is 5.7million GBP!!! We likely earn more from AJE in 1.5-2yrs. For the benefit of the naysayers- yes I or anyone outwith AJE consortium do not know the exact figures but with Panoros legal dispute with AJE partners behind us im hopeful this info will be with us soon. SO's history here shows us when the goings good he doesnt give a 5hi7 to update the market/PIs- so we may need to wait until the next set of results....
Not been on for afew months for a number of reasons but hopefully those are now beyond me. Cant honestly believe the sp lingers here. If I wasnt as positive on my other main holding I would have increased my 5 million holding without any hesitation (still holding every share despite this silly sp). Sitting on quite a large loss unfortunately but Im damn certain il be above water when SO gets his act together. Still no CPR, no update on ogo, no info on production levels from AJE.... would be interesting to see what the BOD have actually been doing over last 6 months. Even a sniff of news and watch this rise- the current valuation is bannanas!
Same here- also decided to continue holding. Still dissapointed that GP sold out on the cheap (is it a coincidence he lined his own pockets at the same time? I think not!). We just now need to share the spoils of 1 of the best gold finds for some time. Also with sandstorm being shorted once this deal goes through there will be a correction over on there sp. If anyone is looking for other shares to invest in I cheekily through my 2 'best' into the air- BMN and MXO. ATB folks
Once the late reported trades come through early afternoon- my trade (buy) still not showing and im certain other trades fall into same position. Atb folks - back later- ilput my neck out and say will be closer to 1.8p than here
For those with advEfN look at the trades at 9:42:(05). My rambling will become apparent. Moneyam remove corrections reported by the MMs (what I use) but advEfn dont and re-report them at the correct price.
Ha- they must read this! Removed the 9:42:05 1.55p trade that really was a buy at 1.65p and after reporting that as a buy they cancel the dud 1.55p trade but change the 1.65p to a sell lol