Member Info for Airdrie

Good to see the old reliable posters back on the board and not just the flash mob.

I did have a look. Don't think they'll have much to send out for a while yet but when the project is sorted it'll be a monster for Polo. Ironstone have some good diversity as well a la lithium and vanadium.

The Master is back.

GCM long term CFO now promoted on the board of directors as finance director. Mr. Tang obviously knows GCM are going to be a wee bit busy soon or being taken over.

I never believe the buy/sells.

I think------in my opinion--------IGAS are well and truly kicking with some big time, deep pocket backers sitting quiet with a lot of shares who don't like to lose. Macca is a smart guy he'll know when to dip in or not. Ain't that right Macca ;-)

Macca I'm afraid (for you) that you may be right. I can't see the Chinese letting this fail. Absolutely no way. I also can't imagine in any world where someone out manoeuvres and muscles the Chinese out the way. That just isnt going to happen. Nexen are backed by one of the "big three" in China so they're going to have deeper pockets than most and will want a bigger stake in U.K. energy/infrastructure. If there is a deal to be done I'd say Nexen will be the ones but who knows maybe even a takeover. With fraccing now been given the green light and government backing they'll be some serious investors sniffing around but I still can't see anyone nicking it from the Chinese especially at this SP. At the moment it's all cloak and dagger in the background.

Polo on the top risers board AGAIN Hopefully hold gains and a push towards double figures on the way. Blackham news should provide the boost. Celamin has gone quiet. Anybody know anything? OPEC news on deal by the end of the month. If they don't cut I think they're finished. Saudi needs to raise the price of POO before the IPO for the company. Should be an interesting end to the year.......

Had a wee post on GCM board asking them to lock in gains and buy Polo to spread risk, limit downside whilst STILL gainging access to any GCM. You know it makes sense :-)

Ah right. Just been reading GCM board. To the Chinese a MOU is a legally binding contract. For them to enter into it they'll already know how they can mine, costs/profits and what's down there. Thinking is Tang won't let it go for anything less than 440p which is 10x current SP. Either way kerrrrrching for Polo. Still think polo is a better investment than GCM.

Sorry Bakky not sure I follow, could you elaborate.

Sort the money/bonds side out now Few more applications approved Few more successful drills Gas potential proved. Quite achievable I think. Floodgates open now for approval on applications. Hopefully some big investors will have the green light now to invest. Should be enough money for the drilling campaign Gas reserves proven = momentum for SP. Government policy all pointing towards gas. OPEC clowns should be cutting production soon so (should) positive for conventional oil wells. Hopefully Igas turned the corner now. Sorry shorters the game is up.

polo will be taking over GCM if that's the case

Seems people are beginning to realise the smart way to gain access to GCM is through Polo. Safer and a good diverse portfolio.

GCM (LON:GCM) has announced a Memorandum of Understanding with some Chinese concern to accelerate its Bangladeshi coal opportunity. This is fine and the shares are up from 13p to 50p+. However a Memorandum is not quite the same as Production. Further, on 29th May 2016 GCM borrowed £3m convertible at 11p per share. Given that there are currently only 62m GCM in issue, loan conversion could be pretty dilutive. Anyway, I paid 6.75p for Polo (POL). POL has yet to move but it jolly well ought.

Another good rise from WTI again. I'd settle for the portfolio rising sure and steady.

Are we back to the old faithful again then

Some interesting posts. Unfortunately the 72k wasn't mine but wish it was. The LTH will still be here. Chukkers I can only speak about my own opinion and I think your spot on with the 20/21p. I'll review my position when the SP hits this though when it hits this it probably means the portfolio is doing well, sentiment in the sectors is positive so SP will travel past that level quite easily. Sortapundit is right. There will be a lot of new interest and investment here which should hopefully build momentum. Whoever said this is better value than GCM is right. Your getting some of the GCM rise, offsetting your risk and getting the rest of the portfolio in for free. Maybe it was Jonah58 he/she sounds very switched on. Anyway all the best

I agree it's a good price to get in at, truely undervalued because of the commodities crash. Even 50% of NAV would be cheap. Sentiment is bullish again in the sector. Polo has amazing potential for a multi-bag, which is the reason I averaged down. What's your target price for the SP out of interest?

Friday was some day indeed. I notice there's some new posters on here also showed up on Nighthawk forum just as the SP is moving north. I hope your not part of the P & D crew. Although feel free to keep pumping ;-)