Member Info for b1gdeano

Big Gib bailed ages ago after ADL come back from suspension. Lost a lot of money on it, but so did a lot of people following his hype.

It also speaks volumes how the company could not even be bothered to notify the market of the outcome of these deals - they just went silent and brushed it all under the ****et. I remember one of the last emails with DW that made me shift completely away from any trust in him or the company - he was deliberately evasive, ignoring, my questions about what occurred with them (this was after the 0.2 placing) and and regurgitating same old crap about project pipelines. He was also adamant that TOE was where the real value was, not farm ins - yeah so valuable he let it go. He is either incompetent or just outright lying to everyone. take your pick.

Are you actually for real patch? IF they had farmed in to a few wells they would have revenue! As in INCOME! as in less DILUTION required to progress the IPP - that was the plan! That is what DW sold to us all back then. You cannot sugarcoat the way this has been handled from then to now - DW could have easily farmed in. What was the problem? Needed more money for his over inflated salary than actually pay for something that would bring in revenue? Not viable long term? Of course it would have been. POO has been rising = profit would have been more and more.

Hands up I was one of them Jarosg - got suckered in beautifully by the ramp and hype. After the absolute shiiit show placing at 0.2 i still tried to keep the faith before slowly dawning to the fact I would never see my cash again and sold at a whopping 80%+ loss I did hope that one day ADL would pull it out the bag and do the tricks they talked about, but each RNS is weaker and weaker, the fund raises getting more and more ridiculous and quite frankly nobody but the most blinkered/ignorant/stupid could call this a good punt! Its dead and has been for a long while.

I dont believe a damn thing that DW says. He has talked up so much rubbish about agreements, projects etc and not one, not a single one, has come online. Shifting the goalposts all the time. First it was about oil farm ins. Well they would be nice now wouldnt they? Then TOE - spending money there on plans and selecting rigs and drill sites etc. What happened? Oh yeah, nothing, they handed it back. SIAK? Very quiet. No action has been taken on anything. Oh of course it has - MOUs I hear you say. Worthless they are. Until something is firm and kit on the ground its hot air. PW has walked away from this "amazing opportunity" and now DW is setting himself up for retirement. If this ever takes off it will not be a listed company but will have gone private. Corsair can always continue as a consultant for Pertamina. ADL isnt needed. Once the cash cow dies thats that folks. DW sails off to a pleasant retirement. The whole workings of ADL has been smoke and mirrors. Money being burned like crazy and no real accounting for it other than salary and "expenses" ADL truly is a dog, and DW is a thieving scumbag charlatan. Anyone still in from CEB is so far underwater now. Remember when this was 1p+!!! ADL = worst AIM scam for years.

Ha! Early! You should have bought in when it was CEB - oh yeah. We all got suckered into ADL back then. It was "THE" share. DW was going to make us all rich. This will sink and sink till the next placing.

PW gone. DW entering semi retirement. Loads of money spent. That sums those RNS up I think

Lets put it this way - its yet another MOU or to put another way "lets all have a chat, look around and think about putting something else in the magic 'project pipeline'" MOUs are pretty much worthless, surely you understand they are non binding, just like everything else ADL keep spouting. Surely you have all watched Dragons Den - People turn up waving MOUs about like confetti and get no investment as they are meaningless. Same here, which is why 1 day later the SP is pretty much back pre RNS. ADL need SOLID SUBSTANTIAL news not more meetings/agreements/tea making.

It seems infighting has started over here Thought I would have a look see what is happening with ADL as not been paying attention for a while, but seems NOTHING is happening, as I expected. Cant blame Mycool for losing faith, he is waking up, unlike the only two remaining supporters here. Top Tip - STOP TOPPING UP! ADL is a joke share. DW stopped even trying to pretend he is bothered anymore about holders. Only news here will be a further placing, likely in the new year. Do yourselves and your family a favour, take whatever is left, and go invest in a company that is producing, or near producing a product. Or put it in the bank. All you are doing is leaving your money to DEpreciate, not APPreciate here.

Right, I shall be moving over to the ADL board and not looking here no more. CEB is no more. Time to look to the future. See you all over on the ADL board!

TW is a real ****! Nothing but bile in that post - nothing to back anything up Missed the boat & or massive short open!

Hopefully those attending the meet tonight will keep us updated on the BB! Would be good to get folks feelings on how the BoD are when there!

Didn't DW say that the new name would come about as part of the RTO process? Or did I make that up? I'm hoping this is the first step toward the news we are all waiting on!

No worries DW basically eased a couple of concerns I had, and put some things in context. He is aware of the "armchair experts" on Twitter etc and basically says pay no heed to any social media "expert". Him and his team do what they say they will and their track records individually back this up. He is looking forward to shutting the detractors up as much as the rest of us - give him time. In his own words - it should "be a ripper!"

Well 4 weeks in and I can say I am at ease with my investment I have had some further communication with DW via email and can say that I have faith in him to do what he says he is going to do. Not many CEO's on AIM can be trusted like that I dont think. Keep the faith folk - we will be rewarded with this one

Well DW does indeed return shareholder emails - got a reply off him 10 mins ago, was rather short on details as he said he was just about to board a plane back to Indonesia and would get back to me next week. I do recall that he was on leave with his family last week so know he will be back on the ground in the next day or two. He did say that since Slamet has joined they are firing on all cylinders. Will be good to see what he says next week, who knows maybe it will be an RNS for everyone?

Sent the email to DW, lets see if I get a reply. Wasnt anything major in it, more of a few general questions. I hear what you are saying OGB and like I said I am 95% sure everything will be ok. Of course I have small doubts, but who wouldnt? Nothing is 100% until a deal is signed and RNS released. Suspension caught people out as it wasnt followed by any asset news for RTO - so suspended for no reason *that we know about* What gives me confidence however is knowing that DW and his team arent messing about - they are big hitters both in the industry and the region, the type of people that dont come together to just to sit around and drink coffee and plan their next holiday/house/car/boat off the back of shareholders by way of placements!

Thanks OGB Mama - I have been about the BB's for a fair while as a guest but never bothered to register to post before. Just want to drop DW a mail to put a few of my fears to bed - while I am 95% happy to hold here while suspended there is that 5% chance it can go tits up in my opinion - once we get the RNS about first asset however I will be happy to stay in suspension for as long as it takes!

Morning folks - Been around the BB a long time and holding shares in CEB - happy to be locked in for the moment! Finally registered for an account as I needed to ask if someone can post DW's email address? I wanted to contact him but cant find it anywhere on either CEB or Corsair website? I know a few on here have said they have emailed him so if possible can I get it or be pointed to where it can be found? Cheers