Member Info for BarkingCrazy

Oh look RED again, FFS.
If they have received July payment they should say otherwise it's easy to assume the opposite.

Current daily volumes are so low at the moment, they need to pick up considerably. It's this funding formula thats stopping folk from buying in as they see the SP will be suppressed during the process and so investor think short term better bets elsewhere.

Figure = finger

Not a single trade since, pull your frigging figure out AAOG .

Exactly thats why your statement of
:" BOD will be keeping newsflow quiet until they buy in ;-) "
Makes no sense at all

BOD will be keeping newsflow quiet until they buy in ;-)

They can't do that Tiptop as it's called a closed period. It's the only excuse they have not not buying in as promised!!.
The 5.2p price for funding to happen is getting further away by the day.

Being hit hard with these AT sells on low volume. Need to sort out this fundraising now!!

Not until we get it out the ground at a flow rate worth talking about. I see it's red again!!

Tiburn, I would welcome positive news but it's been in short supply and there is absolutely nothing thats positive about the SP which is a true reflection of the way things have been handled this year. If we get back into double digits at least I will become alot less P***ed off .

Tiburn I admire your conviction and loyalty to AAOG but I'm afraid the tide is not yet turning. The SP drips down most days, sells outweigh the buys and the full recent funding deal is not a certainty with the SP so low.
The company have handled things this year appallingly and we are getting punished for it. Theres going to need to be a string of very positive news update to get people to either dip their toe in or top up now, i live in hope!!

Tiptop I dont think you can rely on SMP payout or a lump sum from SNPC and thats why the company is seeking funds. There is no appetite for buyers at the moment because there are too many loose ends. We need definite timelines that are kept to as why would anyone want to put more money into AAOG if the past years shambles is anything to go by. I also think this fund raise is a uncertain burden that is suppressing interest.

They better do something soon as it just won't happen with the SP at this level. Got to be above 5.2p.
That does rather look like a tall order at the moment so troll comment or not it's true we are not yet fully funded for sidetrack and cannot become so unless things change for the better!!

Tiptop, before we knew oil was seeping past the plug and Mengo was the plan of action you were shouting from the rooftops how good things looked and that 1500bopd would easily cover cost of 104. Now you say that was never guaranteed to work and my have only produced a few hundred BOPD. Come on don't change things to suit what the latest plan.
The company stated they were fully funded for the frack and wee confident of 1500 BOPD but with a rapid decline rate, however it would have covered the cost of 104. The SP would be considerably higher than it is now if that plan had been stuck to but now we are looking at more dilution and the prospect of shares being offloaded for months to pay for plan B,C or even Z I can't remember theres been so many.

Fyoz with funding required now i suspect the deal and price are already set so not sure the price will be able to be renegotiated. The price looks to be about 4.5 - 5p as any attempt to break this is met with AT sell trades which bring it back down.

I wish they would just hurry up and get on with it. If they had stuck to plan A which was a fully funded frack of the Mengo and R zones in 103C back in April we would have produced enough oil by now to fund 104. Instead we have had months of planning and another fundraise and dilution to basically achieve the same thing, enter the Djeno and produce.
So I fail to see how this delay and option has turned out to be the best one, so many delays with this company.

I said this on release of the last RNS, they really need to provide details of fundraising as it's going to act as a stopper to any SP increase. Last RNS we shot up to 6p on the bid but then ended the day red as folk feared a placing at a lower price and so sold. Same will happen today, any early uplift will be sold into. Get the funding sorted then release the good news !!

Buying is going to be a little subdued even with this RNS as we have the question of funding hovering over us. Until we know the details, including structure and price of any fundraiser it's a bit of a gamble loading up too much.

Thats spooky theres alot of mousey agreement. His divis will only be paid in Cheddar currency anyway

Absolutely agree Mr Mouse it is a risky business and theres lots to be done, thats why I feel it's a tad premature to be dreaming of dividends.

It's all a bit pie in the sky at the moment. Seems bizarre to be talking about dividends, lets do a successful sidetrack first then i might believe it possible to actually get my money back!!