Member Info for Ash78

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Daveri, i agree cash burn has been my concern for the last 5 years. No funding is free and with little cashflow, along with the numerous staff appointments, the company needs to get a move on implementing its plans/strategy...

A strange one for me, can't quite work it out. At first i thought our prestigious leader has been pressured by japex to step down perhaps due to not delivering much to satisfy their demands. But then it mentions he will focus on value from Norwegian assets. A puzzling one...

A great time to keep accumulating though!

Unfortunately the market doesn't seem to think they are working on something big.

The secondees are more likely to be there asking some difficult questions and perhaps questioning the BODs appetite to invest. In the meantime we've entered yet another period of higher oil and gas prices. "Ooo the timings not right" "Ooo we're still reviewing a number of possible deals" ...

At these perilous levels should be not at least expect the decency of a RNS...

Don't forget to turn the lights out Sando, clown.

Unfortunately the share price isn't reflecting it will be soon :(

The problem for lots of us though, Scoreagain, is that opening the bottom draw when/if they are £1 will still leave us in the negative. That's how poor the company has performed.

I invested on that original strategy so I'm still hoping for a decent material production purchase.

I really can't face losing so much by selling at this stage.

I also appreciate the disconnect in the current sp.

Paul "They’ve been “actively participating” in deal processes for 5 years now".

This is my very point and concern, particularly those of us who invested from the outset! We've seen all sorts of oil price cycles fly past without delivery on the organisation's strategy to invest in production.

So are we happy with that presentation ?

Same old fluff to me. Doesn't fill me with confidence that we're close to any material production deal

Haggis i can cope with that payback period but only if we make further investments in the meantime that are cash generative

"I’m happy enough right now but clearly something else is coming."

My problem is that the feeling that something else is coming is like groundhog day... that's what I'm miserable about, along with the significant share price drop since floating

Deeko, how pleased will those offshore folk be with their purchases!

The length of time they're stretching out any meaningful activity really is a joke now. Seriously need to pull their fingers out and show investment ambition.

The presentation today will be all old ground stuff (or fluff).

Disillusioned.

Well let's hope our esteemed leaders are showing interest!

How long it takes for the news to drop though...

Absolutely agree Savv, a poor performance to date.

Yep, received it today

New oil provinces being geologically formed whilst LBE creates anything meaningful...

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