Member Info for Alibi

SP action looks to me as if someone is trying to get a short closed and the MMs are helping to facilitate that. Absolutely no reason for a 5+% drop based on what we know.

Will be interesting to see what sort of production rate they get from what looks like a better than expected well. Cash flow could be considerable. Meanwhile the SP isn't reflecting the progress that has been made. This was at about 150p not too long ago - it seems the more progress was achieved, the lower the SP went. However we do seem to have turned the corner recently. Quite excited by this one at the moment.

Maybe Mangrove trying to close their short and price being dropped opportunisitcally to cause panic sells or catch stop losses to allow them to do so. that RNS doesn't contain any bad news.

Been a superb run, but didn’t expect it to end against the Skunks…

Didn’t go well for Aberdeen…

I'd imagine that some items would be affected by very cold weather - for example pouring concrete which is difficult to pour in freezing temperatures. However if there's a lot of fitting out work indoors that shouldn't be affected. I don't know what sort of temperatures we're talking about here but i'd imagine not everything grinds to a complete halt.

Coulld do with an idea of what they are going to do to improve H2. Am I correct in thinking they can't do anything much until spring now?

Coulld do with an idea of what they are going to do to improve H2. Am I correct in thinking they can't do anything much until spring now?

Someone posted that H2 was a duster, but that's utter nonsense. Reads to me as if it needs some tinkering but will likely be able to prodice from it in the not too distant future.. H1 seems to be capable of a higher output than has previously been suggested. I know markets hate uncertainty and this RNS certainly introduces some unknowns, but I suspect in a short time we'll have something a bit more positive. I actually topped up yesterday, but only about £75 worth in order to get my shareholding to a nice round 500,000 shares. I don't expect to see this reaching 20p soon, but they are producing oil, about to monetise it, and so far no absolute dusters so there is oil there. Today is just a blip. Currently about 55% down but I do expect to get in profit in the foreseeable future.

Someone posted that H2 was a duster, but that's utter nonsense. Reads to me as if it needs some tinkering but will likely be able to prodice from it in the not too distant future.. H1 seems to be capable of a higher output than has previously been suggested. I know markets hate uncertainty and this RNS certainly introduces some unknowns, but I suspect in a short time we'll have something a bit more positive. I actually topped up yesterday, but only about £75 worth in order to get my shareholding to a nice round 500,000 shares. I don't expect to see this reaching 20p soon, but they are producing oil, about to monetise it, and so far no absolute dusters so there is oil there. Today is just a blip. Currently about 55% down but I do expect to get in profit in the foreseeable future.

After such a big rise yesterday, not surprising to see a slight pull back. I'm wondering if Mangrove are trying to close their short on the back of the slight price drop. I think the trend is now upwards, so they are quite exposed if they don't.

Wow! Spectacularly poor timing. They must be kicking themselves.

I have significantly recently including on Friday, now have about 210,000 of these. It was at 150p not long ago and would not surprise me if it reached there or more at some time. Might take a while but frankly I don’t know why it fell back so far. . Maybe the pipeline news will see it being taken seriously again. Confirmation would be a game changer and a positive drill result would do no harm either. Put the remnants of Hummingbird in here and expect to recover my losses there at some point.

I'll settle for £2 a share. that will be enough for me to retire.

decided just to sell out at 2.141p. big loss but will recover it elsewhere. this should have been a success story but dan batts phucked up at every turn. i hope the **** gets what he deserves.

Swithering between just selling out and holding on to get the offer price if we get to that stage. Given that we are now apparently at a production level where we should be making money, is there any chance that the company could get to a position where they are able to turn round to these unsecured lenders and say "we'll pay you but will be a bit late" knpwing that the debt is unsecured. Seems to me that until a deal is actually signed and sealed, HUM still have options, however unlikely. nothing would surprise me, although i think corruption is involved here and certain parties will be getting taken care of financially to facilitate this theft from shareholders.

I have no intention of buying any more but I note that you can currently buy shares for 2.2p or thereabouts - which would presumably mean you'd get 2.7p back if this daylinght robbery went through, a 23% profit. And if it was voted down and the company continued to produce gold, I'd imagine the SP would rise anyway.

This looks like a carefully engineered robbery.

I'm not someone who cheerleads for HUM, far from it. I have a significant holding and am underwater but I don't spend every minute of every day posting about it. I read the pro and anti cases on here and make my mind up what to do. HUM have made very heavy weather of developing these mines for whatever reason but my own current view is that due to the high PoG they should be able to turn things round and at that point I believe I should move into profit (my average is about 17p so a wee bit to go yet).

Those who post round the clock are however a bit of a mystery. Occasional posts fine, but why do it as a full time occupation. That's not normal. Coming up to midnight on a Saturday night and on here typing away is not normal behaviour.

Who on earth posts on this forum at half past 11 on a Saturday night? Smells strongly of an army of paid trolls. David Brent, Punter64, Goldinvestor 7. same lines repeated on a spin cycle. The one that sticks out is the "No hope or Bob Hope" that Punter64 and Goldinvestor7 have both used - maybe forget who they are signed in as from time to time, but who these days references Bob Hope?

Ridiculous for that vanilla RNS to affect the SP. it's pretty much a routine housekeeping matter that everyone knew was happening.