Member Info for BigBear2

Your sentiment is shared by all except day traders who are having a grand old time of it. Let's hope Col gets off his arse and gets a deal done - we all just want this over. It's ridiculous that as oil and gas prices have rocketed a producer is 1/3 of its value when prices were rock bottom. We have heard all the blab its not our fault - just get this sold.

Lse not lee!

Fekked again

This was always the danger as I posted before that thanks to sgc sentiment is trashed here, China announcement sold into by stale bulls. Imho sell Dempsey share and lose the association with dead wood GJ the guy is an amateur.

Dunno why they bother with the expense of Canada market all the volume is here. Let’s hope Arthur brings home the bacon here soon, imho relax buy if u can in chunks and consider worst case scenario is something like a 500 mill placing @ .4p so keep some in reserve.

They could fund it but you should ask yourself why are they not? Imho ast have done the legwork have got to production and now it’s a matter of how much will they take for the whole shebang. Col was very quick to say all jv partners v supportive no wonder!

Folding not flooding lol

Stocktake fair analogy although I would not say we are an escort, maybe a Capri ... In all seriousness there is nothing wrong with the asset and it is clearly undervalued.... No danger of flooding due to income just a matter of how low a price will Cole accept and I would suggest this is well north of 2p. Like most I will simply be glad when this is over..

p(ss take on low volume:- they created a 50% spread and some muppet sold a few thousand

MMs took on some huge dumps past few days around 0.5 so just selling on to PIs for small profit.

got a reasonable amount now, just keeping a little aside for any potential placing

after all the big talk and power struggles it comes to this............game over

we all just want this done and over. get this sold, even 2p will do we can move on from this disaster.

I can hold a rise better than AST after 10 pints. Rinse and repeat crew in control till news.........Get your finger out col and get this sold.

RH many thx for the info. So if no farm out they are stuffed as raising capital at this level would be suicide.

Horse Hill is a joke, so no comparison to this lol. I am more referring to larger discovery plays such as Nambia(I know as yet unproven) and Ghana where each drill could net in excess of 500 mill bo.

Eggpeton has mentioned on several occasions that the sale of the travel business will clear �most� of the debt, meaning there wiil be an element left after the sale that has to be covered. The question is how much. The fact that this is dragging on more than envisaged most likely means a haggle over the price � meaning a greater shortfall to be met � by equity.

Is it not because the net pay in both discoveries is quite shallow? If this was a tiddler with a mkt cap of 10m it would have spiked a lot more, but with a 280 mill mkt cap these smallish discoveries don't do a whole lot..

But headwind still here on any rise due to the stench of Dempsey. Any one have any idea on timeline for China drill as this looks promising......as opposed to farting out enough gas for a gas cooker.

I post many months ago when Arthur was ramping this to get a placement away that the concept of near term in Africa is very different than the western world. Near term can easily mean 12 or 18 months there, which for many investors is a life time. Personally I am prepared to wait another 12 months on this .