Member Info for BarkingCrazy

Snowman10andy - Can news be released the same day as spud.

Spud is when the first break ground not when they hit oil, thats know as Yehaaaaaaaa.

That little run of sells seems to have put the brakes on a bit.

I wonder how the conversation went between DS and Sandabel when he showed his disgust at their last short. Maybe they had a real barney and Sandabel thought stuff you Sefton well short this company everytime it shows any sign of a rise. Easy for their big pockets , low turnover and PI 's total battle scared and unable to put up a fight.

Moving now, tick Down!!
Really surprised at such low volume. Please don't anyone say wait till this afternoon or any other similar statement as nearly everyday for the last month someones being saying that.

Are you looking at a different screen to everyone else James as it hasn't moved for 40 mins

As the SP nearly always drops to the Open Offer price why did they feel the need to set it at 2.5p causing such a high % drop. If the placing at been at 3p then the drop would be less and not cause so much panic and reduce the amount of dilution.

By putting the following in the RNS they will scare alot of investors into thinking the company is about to wind up so best get out with whatever they can. Really stupid and puts the placing in doubt to succeed.

If the Company does not receive the proceeds of the Open Offer, the Company would be compelled to seek alternative forms of finance and, without access to a form of additional funding prior to 31 January 2019, the Board considers that the Company's existing cash resources will be depleted over time such that the Board would need to consider the commencement of an orderly winding down of the business at the end of January 2019.

How trading just dries up all of a sudden, gap of 14 mins between last 2 trades where as before buys and sells were coming thick and fast.

Yes - all going well at the site and now only days from R1/R2 GLA

Is he having a laugh, better not be days, more like hours!!

As you probably know by now I am not a ramper but do hold a reasonable number of these. So looking at the trades coming through now it may well be a good time to buy, just saying!
All IMHO and remember don't listen to someone well underwater and desperate for this to come good.

The same seller is still here Mr 145K ish (Strongman implied it being a PI repositioning). To be fair all oil stocks are getting hammered today ahead of OPEC meeting and whether or not the Russians will agree to cut production. Also FTSE taking a bashing. Not really the best time to be hoping for a rerate.

Funny my missus said that to me just the other night, wondered my she called me Suffolk Punch

Funny how the doomsters from another BB have all turned up at the same time this afternoon

The sell trades do look like a short with repeated trades of same volume i.e.14286 then a load of sells in the 140 - 145K range.

A bit strange as they are not expected to reach R1 until Friday so there won't be any oil yet.

DM2000 - You should get a job with the government as chief spin doctor. I reckon you could put a positive spin on anything, even Brexit,

It seems inconceivable that the SP can't reach 8p at this stage. Confidence has been shot to bits over the past 12 months. Mistakes with staffing drill location, financing and some bad luck have taken their toll. I truly belief those mistakes are now behind us and what we have now is a company that if the drill bit does the business could go a long way. A hit in R1/R2 and mengo will provide the platform for further drills and a reasonable daily rate of oil. Any deeper strikes will be a massive bonus.
I do hope David has learnt his lesson as he must take the majority of responsibility for past errors. James i think is the man that can take this company to another league with the right drill results. So good luck all longs the next couple of weeks will hopefully be a blast.

Not gone yet another 142K just offloaded.

Still a seller around holding this back.

Remember any RNS cannot be release before local government have been informed of results so could delay a day or two.