Member Info for BarkingCrazy

Of course they have been testing since end of last week 1 layer at a time so some of the initial results are already known by some. Lets hope the positive SP movement today is a clue!.

Bit harsh, first trade of the day 300K sell @ 2p.

It's worth remembering that AAOG has already got a route to market for any oil they discover.
Rockhopper, several years ago, had a big discovery (sealion) when their share price rose from 40p to over £5 however the cost of getting the stuff out and to the market has made their SP drop back down to 25p. with a big delay due to huge amount of money and infrastructure needed.
AAOG have incredibly low cost drills with a fully in place delivery system. Once the wireline logs support commercial discovery it won't be that long till we're selling the stuff.

So we now know why Big Dave looked so perky in his last podcast as info re the extra pay zones was probably known at that time.

Yep have a good one and forget shares for a couple of days.
See you all bright and early 27th.!!

10 minutes to go, come on lets have one last push for Santa.

Well thats killed it for the day, drop the bid and open up spread to 8%.

Confident move!

Gapped up 23% on opening. Nearly always a share gaps up that much you get a pullback to close or nearly close that gap. Once this is done the SP will steadily move north, probably after the GM once a touch more clarity about funding plans are known.

We don't get a dear John RNS after hours, never good news late Friday.
Certainly no clues with trades today, very low volume!!

James was contacted this morning about these twitter posts as was said to be furious. Seems hes got straight onto it with the twitter accounts disappearing. Good for him as it's high time folk posting blatant misinformation should be bought to book.

So here we are some 9 days past the original predicted date to reached the R1/R2 layer. We have been told rain and mud tank cleaning have delayed us.
I can't help but think that the down time may well be longer than we are being told. I note on another BB site the following post;

The latest Helga is saying (this morning) is that the mud system is down. Nothing to do with the tanks and James is covering with his lies yesterday.
The rig is not working as we speak (and has not been for days), he was quite clear on that point.

So who is being ,let's say, economical with the truth.

What does that actually mean!!

Al this who said what stuff, lets just wait for RNS

1/ they have decided not to release news until reaching Mengo, megga RNS with positve from R1/R2 and Mengo

2/ they have decided not to release news until reaching Mengo, R1/R2 not as good as hoped so going to Mengo in hope of better news.

3/ None of above and just not got full info relating to R1/R2 yet

Yep our 140K seller has obviously been given the same news.

And another. So I think that proves MM's weren't filling an order.

Oh look Kiwi delayed sell reported.

More like a sell in the background.

This all boils down to some rabbit being pulled out of hat before placing closes. No deal it's going to fail, simple as that. Why would anyone take part in a 2.5p placing when you can buy now for 2p ( 20% discount ). So straight gamble is there a deal coming or not?