Member Info for AParky

After the half year results last week we are all left wondering what will make the sp move up to give a market cap that reflects the progress we have made or for reasons for it being held back. Going forward I can only see shareholder value being added with the work plans the company have announced. The only two things I can see holding the sp back is the Argentine macro situation and the fact we only receive $68 pb at best ( PG only $56 ) when oil is now nearly $20 pb more, PL has said they base everything on $65, imagine where we would be at $83 pb, its no good glossing over an imbalance of this amount. It calls into question the right time right place way of thinking for the time being. Anyone looking to invest in a small oily would look at the pb difference and quickly make up his mind as to which way to go. Any thoughts from others on board as to why we languish?

Yes went through the pain of lapacho and jacaranda, I would think they are casting a fly to see if someone takes the bait with the planned well for H2 in Paraguay. PL said a 50-50 chance of a farm out being achieved. A very expensive comment was in hindsight they should have targeted the same zone in the first place instead of the paliozoic. The newest acquisition when completed seems to be a good bolt on for EV and PF and we also have revenue from a third party using the pipeline with the opportunity to add more. . The pump issue and the litigation for me have been written off and forgotten, move on, onwards and upwards. In the big scheme of things if everything goes to plan I don't think $10m for a final throw of the dice at Paraguay will be the be all and all of things and quickly recouped. Having said that a chunk of money from a farm out could be put to good use GLA

$10m and it could be less as stated in the conference call to have one last go at Paraguay to try and recover some of the $100m + already spent, absolutely. If they didn't think there was a chance of success they would have walked already and not bothered getting a licence extension. Sp performance is abysmal and typical of the Aim market, full of the pump and dump brigade not interested in a company that's doing well only ones they ramp up on nothing for a quick buck. We all know Argentina and emerging markets sector are suffering but this is ridiculous. PL may well take up his family's advice in the not to distant future and take it private, what's the point in being a public listed company if you can't create share holder value and increase the value the company, all the hard works for nothing Unless of course a divi is paid

Derisked

A better update in next few days so they say, derided even more now

Milestone reached we have a fully working light system GLA

Momentum building and if they can add another 600bpd to production that should take the revenue to c$70m next year. Probably looking at $48-$50m for this year. The $56 pb at PG is a bit of a downer, a good enough reason to concentrate on EV/ PF. Noticed not much in the way of new investment in the first half of 2019 so they can build cash reserves for the second half.

Int results tomorrow maybe now that news is out of the way. Big smoke is the sp going to perform any better than Amer or is the emerging markets situation going to keep this one subdued as well ?

Can't help but think if it's not fully tested by now it's not going to be fully tested for Q3 hope I'm wrong. Maybe they will flick the switch on Thursday give it a thumbs up and announce on Friday:)

Ha MM's

Mum's are trying their hardest to get the price down by the look of things

DRichi that’s correct he would have to make an offer for the company, that’s why he gave some shares away to a charity a while back to keep his holdings under the threshold

The time lapse seems to be a bit hit and miss, I looked the other night and seem to nearly get to street level now it seems to have gone back to foundation and basement level?. Don't want to be a fly in the ointment here, the progress they have made at Harley street is great but we are not selling a building we are selling a machine let's not get to carried away by Harley street

Munners it never seems to help a share price when a company says “by Q3” and then announces right at the end sometimes on the last day, nothing sinister going on here other than mm’s loading up before news. We will probably only achieve low sixties now on news for now

No don't have Twitter, sp taken down before test results are released to shake a few out, good buying opportunity at these prices. GL

A quick look and u would find out when the interims are due

Typical Aim reaction to good news, what’s interesting with this deal if it goes through is we are actually paying for what’s above the ground and not what’s below, which to me says the gas tests are going very very well and they have decided it’s to good an opportunity to miss for getting our surplus gas to market. Any additional gas or oil from the two blocks will be a bonus but I don’t think it will be at the top of their to do list fpr quite some time.

Agree very positive interview. The only negative really is the sp and it sounds like PL is starting get a little fed up with the AIM casino and I don’t blame him.

We're on a roll nearly back in profit, this time next year Rodney

Nope your seeing things