Member Info for AndyBhoy

In my opinion Cuda WI should be given to us for costs outstanding, who's going to pay money for them when we can't even pay our bills with twice their working interest?

Years now I've just been waiting on them doing what they say they will... please just fulfill the potential here.. and when you do don't be having us a multi billion company with the share price just the same!!!

hopefully well over £2!!!!!

What news are you all after today exactly? We know there is much news expected.. but are you actually wanting nothing news right now as opposed to waiting until actual tangible news is available? Would you like Art to be like GBP and announce other companies have discovered oil? yes the price and price action makes zero sense but shouting for news before it's ready won't help.

I would have been amazed if VAST had found the funds to progress the Ghagoo deal, was sceptical when it was announced.. failing AP finding a Genie in a lamp within Aladdin's Cave I couldn't see it coming to pass.

heavy sigh

That would have been around 2011ish if memory serves, 9p ish in 2008 and over £4 in 2011 if my old memory serves

a) this is old news, already been announced in Canada and most on here were already aware.
b) As many have said this could be in order to prevent a low ball takeover by ensuring the board have enough voting rights
c) There is no dilution until any option holders exercise them
d) Many of the complainers about this seem to forget or be unaware that Arthur dug deep into his own pockets to keep this company afloat via a loan of his OWN money a few years back, therefore I think that risk deserves the potential reward.

I think the upset around this particular action is over the top, the title of the RNS is misleading though I'll give you that.

I do understand your thinking shareant, I just find it bizarre that so many would happily accept what would be a toe in the water offer, if the CPR is great, in my view. Each to their own, it all depends on what is proven to be there, but to happily admit you'd discuss the lowest acceptable price for the family silver before it's even been valued is just a bit premature. I just don't like seeing the expectation for a low ball offer being accepted, self fulfilling prophecy and all that.

Do you any of you people sell anything for a living? .. hope not if your opening gambit in any negotiations is starting off with your lowest price!

so everyone would just take the first offer would they? really?

With the numbers being bandied about if the CPR confirms Oil in Place, atleast a minimum of 30% recoverable and current oil prices, I don't understand why anyone would be happy with less than a £1.5 - 2 billion takeover price.. that can't just be me thinking that? in any case it is too early to be discussing such things given the stubborness of the Share Price towards an upwards movement currently

good business there, initial outlay to buy stock in Charger metals recouped and still hold the majority of shares bought.

is it wasn't lights out.. 3 months till we find out if that continues to be the case.. I am 96.72% down on what I left in here (which was still too much!) that was after investing more since the licence to mine Baita Plai was finally approved.. it's been nothing but a MASSIVE disappointment since then. utter utter **** show for any other LTH left here.. I've been here since 2014 experience well and truly gained, but not point in taking out the pittance of a share value management left here.

I would be very unimpressed with out a buyout that low Bridgedogg1 :(

good thing is we know it's not all mud as the exploratory well is producing oil at circa 100-120bopd from the discovery rns

I'm sorry but this price action and market cap, make absolutely zero sense. Jed Clampett had his home Beverly Hills by now after discovering a lake of oil in his back yard!

even RKH was allowed to increase massively before the proper weird price movements started.. I don't understand this.. as many have said still under-valued based on what was known about prior to last Monday's news. mind boggled

:)

An interview would be nice, but given the news he may deem it unnecessary now the resource can speak for itself. I've always thought they were just for us retail investors anyway, so I wouldn't be too upset if we don't get one assuming the re-rate is soon to kick off.