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By a multiple of 6.3! The underlying value for AJE just rocketed! No wonder the chinese accumulated as PIs sold causing this to be so oversold. Perfect storm today? Lets see
RNS out amigos! Stefan you tease why didnt he tell us how wrll AJE5 ST2 was doing?? This is what iv been told by a reliable person opened up the partners to request another CPR as it was flowing way better than expected. How well we need confirmation from Mxo/Panoro
Damn spelling mistakes- think i should enable spell check on my phone.
Whether it gets to 1.5p isnt the question for nee holders. That yo me is fair value. Wgat matterw most us this will rise today - do you agree on that?!
Damdee do you honestly think we expect this to get to 1.5p in 1 trading day?!! Its where it will end ip within the next week but might be a bit too much of a rise in 1 day. New to this are you? As it seems to be the case. My advice is get in at open and thank us later. ATB
Atb folks dont let your LSE guest member (damdee is it) **** on our parade!
Best rest for 2mro- got a busy day ahead unfortunately but will certainly be keeping 2 eye here
Oops meant recent workover on AJE 5 not worker
Time to buy SO a pint (joke btw) LTHs will hopefully see the funny side of it! Lets forgive and forget if this blows its lid 2mro as it should..
Is Stefan to confirm that AJE 5 is flowing oil at a higher rate than previously thought it would (after the recent worker) - i was advised this was one of the reasons the CPR waa pushed through with speed. Next is confimation that oil flow has significantly increased (caveat- i have no idea if this info was relayed to me by a genuine person who heard incorrectly as i posted here awhile ago) Time will tell.
Lets blame the abundance of soellung mistakes in my previous post on my excitement- even though its more due ti my tiredness!!
Lol at dandee trying to get the so to stay doen so he can get in. Gotto laugh at sime of these rookies
In 2p net reserves! Lets see if we get 6.5 times increase in the sp over the next few days. Busy forum makes a change. Well done to those holding during these datk days- the lights in sight now (2mro morning at 8am!)
JonB not that im aiming low but think at this early stage getting a meeting with SO is off the cards... he might be happy to meet afew of us together at HQ but i genuinely doubt he'l entertain the idea of a meeting. All I want to know for now is why has he been so quiet when the sp is getting pummelled. Then take it from there
Very useful info Panei- so if Panoro do release that info SO will no doubt soon follow suit. God forbid he even decides to RNS it before panoro! - that may be an indication we have turned the corner but its hopeful thinking isnt it! Irrespective of what news we get over over the next 1-2 weeks I still believe having a collective voice will be much more beneficial than as individual PIs.
Also happy for someone else to take the lead and advise SO they represent a group of concerned and dissapointed PIs at the companys limited updates. I say concerned here not that I think the company is in trouble but concerned that had SO been shouting out incomes from AJE from the rooftops I can assure you we would not have ever got to this sp.
Lets hope the admin costs last year were one offs and the unaudited interims are carried forward to drastically reduce overall costs for the full year when the year end results are out. As Pis trying to get a collective voice is IMHO the best way to proceed for now- im happy to contact the company once we have several (the more the better) holders and ask SO for a meeting. We will need to keep this off public forums however to get honest candid responses from SO- hence the reason for a private group as orherwise he wont say much- thats if he even agrees.
Jim not every1 has a twitter account. Suppose its not too difficult to create 1. I presume you can create a private group on it? Bermonsey its without a doubt the chinese know info we PIs dont- if they couldnt face upto a huge loss then ehy would our biggest holder add more (through Jenwell) at 0.8p just in Dec last year when the sp was 0.8p! Now I seem to recall they also took part in the placing at 0.5p early this year also but without seitching my computer on I cant find that info now- did we see an increase in one of the big holders percentages around then? Either way the big boys are happy to add and combined they have an average atleast double the current sp. To keep adding whdn so deep underwater they must know what awaits- especially with Doc Hons buddy Mr Cater on the board. Photo I think theres little chance SO will entertain regular Q&A sessions- will do well to get him to agree to a one off session if you ask me.
Philpott the nomad would have made sure there was nothing wrong with the limited info provided from a legal point of view. On my way out now so probably wont be on until the evening- would be nice to see other holders views on getting a group started.
I agree philpot its the underlying numbers that matter most. However if the past year is anything to go by SO will likely provide limited info and no more than he needs to legally- its that what I find troubling and cant get my head around his change in attitutde to the market and PIs. More than likely its because he doesnt 'need' us anymore but what is the motive behind this? Can he just not be bothered anymore? If thats the case he should jog on- although im sure this isnt the reason- would Dr Jonny Hon make a nice replacement? Thats the method iv been thinking of getting the chinese on board! Someone recently spoke to him here didnt they? Was he cheesed of they contacted him? Might see in the future if he wants a CEO job in an oiler (no names in what company!)