Member Info for beardozer

Interesting comments and I'm expecting an offer way over £2 per share which I think is the absolute minimum which would disappoint the Directors but we all need to move on!
For me and many other LTHs £2 would be life-changing.
Can't understand why the SP is where it is considering the upside. Maybe Mr Market thinks the ore will never see the light of day? In which case the SP should be zero. Alternatively, Mr Market sees a remote chance of ZIOC being sold for not much more than the current SP. Thank God I have irons in other fires (which could also be subject to Mr Market's extinguisher).

Not one but two 1.5m buys on Thursday and LOGP supposedly plunges 12.5% on Friday? I'm having a giraffe. He who would valiant be sticks to his DYOR and ends up laughing all his way to the bank where he cashes in his LOGP profits. The recent spike in oil prices only makes Barryroe more valuable - which Irish Govt. is too stupid not to turn on the local tap? Irish oil for Irish people? You'll be glad of it before long.

Of course, as soon as I hit a jackpot I will invest the money in Investment Trusts generating 5% income per annum which is what I need in my declining years. I will still risk my capital but only 5%. Maybe I'm not much different from simonthezealot? Only he seems to have aged prematurely and if he thinks money in the bank is safe he needs to think again.

Obviously you're not programmed to make a fortune! Or a huge loss? Making your losses back was pure chance!
But relatively easily done so I'm pleased your money is back in the bank and you're sleeping so much better.
Not sure why you've suddenly turned against ZIOC. One of the Zurich Axioms is something about losing sleep after investing heavily. Otherwise it's not worth it! I don't lose sleep over my investment in ZIOC as I'm sure it's only a matter of time before my faith is rewarded. Meanwhile I'm invested in other hare-brained schemes which could also hit the jackpot. DYOR

Obviously believing in beardozer's addled scenario more than others! It's a binary bet with huge upside and it's time the SP reflected the odds which are getting better all the time.

I bought on Friday as Clean Meat appears to have a future.
ANIC was mentioned in MoneyWeek which certainly led to the new interest.
What I'm wondering about is the consequences of low meat consumption/new veganism...
There are sure to be some unintended consequences but we're past the tipping point so it won't
make much difference.

Well, actually, I am after NOT tipping it for 2019 which was a good call! It started the year at over 12p and now look at it! Over 2019 it's dawned on me that the chance of anyone hitting the jackpot on AIM is very remote but the possibility is what keeps this crackpot invested. While other punters' route to riches is endlessly banking 10% profits.

Yes, maths isn't my strong suit! However, I base my £1 per share on: 1.8bn barrels of oil in Barryroe times the 20% LOGP owns = 360m barrels. Assuming LOGP is worth £665m (i.e £1 per share) means the oil is valued at £1.85 per barrel (665 divided by 360). I realise LOGP might have to surrender 50% of their interest, in which case value the oil at £3.70 per barrel! Is that unrealistic?

Miracles can happen but it's early days. I remember saying something positive would happen sooner or later and it has! If the Directors opened their wallets the SP would rise 200%! I can't understand why they won't invest in their own company - it's a huge negative. Assuming the SP rises as the value of the assets becomes obvious there will be a wall of selling from disgruntled investors who are keen to exit. Once they've left the building PXOG could surprise us all.

Mr Market doesn't seem to think Barryroe will ever be developed. I'm happy to bet against him. Downside from here is 100% but the upside is almost unimaginable assuming LOGP don't sell the crown jewels for a pittance. Already they were happy to surrender 50% in one hare-brained scheme which I'm sure the Chinese shysters will regret not completing on. Time for an Oil Major to finally step in and put all of us LOGP & PVR shareholders out of our misery. I'll be delighted with £1 per share and that's a steal for the Oil Major!

Merry Xmas to you too and you make a good point about hopefully living long enough to reap the rewards. Obviously, the BOD are closer to the grave each day just like the rest of us! The SP's plunge since the infrastructure RNS is a complete mystery to me - one very important part of the jigsaw is now in place! Sell on the news is stupid! Worries about a placing?

I noticed this share earlier this week and immediately thought: timing is everything!
Only wish I'd bought as it was # 36 Top Riser today! Seriously, luxury brands are well worth investing in as planet Earth roasts to death - if we all knew our days are numbered wouldn't we all splash out on luxury goods? Australia is worrying me - I can't imagine surviving the temperatures they're currently enduring but I'm sure it's only a matter of time before even this green and pleasant land is facing similar problems. So depressing that Boris Johnson doesn't think saving the planet is our top priority. Something I'm sure he will come to regret.

LOGP up 7% while PVR down 9% when, logically, I'd expect them to rise and fall in tandem. Have to agree with Manyana on the PVR board that Barryroe is now a "far more valuable entity" than it used to be and that there's also a lot of gas down there which you'd think the Irish Govt. would be keen to extract.

"With you all the way on that one ..... which is why us LTH's find hard to understand why the market has not responded, particularly after the last RNS." Exactly! But it's happening elsewhere - you only have to look at ERIS : after a very positive RNS the SP was up 16.9% only to end the day down 7%. Fortunately it's risen since after common sense prevailed. Hopefully after a Tory win investors will return to AIM with much more confidence and splash their money around. After all, it's no use having very few shares in issue if there are very few investors.

...the disconnect between the PVR and LOGP SPs. These days one can go up while the other goes down which seems illogical as PVR is largely dependent on Barryroe for its survival. I've always envisaged my investment in LOGP as an entry on a piece of paper in a file in a filing cabinet in a seldom-visited office (much like my investment in ZIOC).

7.24p is what keeps me invested here! Assuming Barryroe is developed what would the per barrel valuation be? Always remembering that the fixed costs stay the same while the price of oil rises?
Which it ought to in Irish waters as they've put the kybosh on new exploration. Could LOGP be a 276-bagger from here? That's the difference between 7.24p and £20 per barrel.

Up 16.9% this morning but it ends the day down 7% after "reality" set in. It looks like mention of SGZ didn't help but WTFDIK? In olden days a company like ERIS would be valued far higher than its money in the bank especially when it's in the vicinity of 6m ounces of gold. Can't see the UK prospering on the proceeds from quick pump'n'dumps. It's like moving the deckchairs on the Titanic even if some clever punter happens to end up with all the deckchairs. Is Jeff Bezos reading this? Yet there's £trillions looking for a decent return.
What has Karl Marx got to say about this stage of Capitalism? I'd put more trust in his answer than Boris Johnson's. And I'm voting Green on Thursday in a Very Safe Tory Seat. Democracy works OK in a two-horse race but when you can end up with someone winning 21% of the vote being elected there's something very wrong.

So full steam ahead?

Please buy some shares in this ridiculously undervalued and ignored company. Alternatively, how about some Director buys? Very tempted to buy 30% of the company myself! What would that do for the SP?

I stand corrected but you are too pedantic! I'd like to think TOR's exit paves the way for a new deal which his presence was blocking. Interesting point about Boru when they could've named it something African... "African" as in "European" - what a tightrope we walk these days. The same can be said about China where millions of its citizens don't speak Chinese. And America where Spanish could overtake English as the mother tongue.
Years ago I had to make a delivery to USAF Mildenhall and while I waited in the guardroom for the recipient to turn up to collect his parcel all the guards were speaking Spanish.