Member Info for BigBear2

Cheers Didso, Believe me it gives me no pleasure to say that as I am heavily under water. GJ is simply a geo who is running the company with little thought for preserving shareholder value, obsessed with proving his theory I am pretty sure they could have flow tested top bottom instead of bottom�top and in this way they would have built the share price nicely as the top zones would have flowed under natural pressure. As it is we are STILL waiting on FRAC permit whilst this clown trashes the SP of all JV partners. There is zero point EME releasing any news until we have the results in of this frac��which I would estimate would be april/may time

Pains me to say it (as I hold 60% SGC and 40% EME) but this is nowt to do with EME, all the JV partners can do is put pressure on GJ. IMHO the guy is a total feckwit, he has basically turned a discovery into a wildcat in terms of market sentiment. It's all or nothing on the next zone with frac results. We are going to see a 100%+ rise or another 50% drop. In all my years of O&G investment I have never seen anything like it. I guess the closest analogy is ukog, who claimed a world class disocvery then could not get it to flow. There is one huge difference there - UKOG placed @ 0.8p and are still just under 3p, almost a 4 bagger.SGC placed @ 8 cents, rose to 20c and and now back @ 8c - pre discovery rates. I think the last placing here was circa 8pish so not exactly great @ EME either. Let's just hope to god he is not using this well as a test drill for other Basin targets...

Chees for that

What's the inevitable placing gonna be at

DS, assuming some of my other dogs have a reversal of fortune I will be taking a position here shortly. Most shares on AIM, no matter how good the asset is, that do not have short term news flow seem to be the recipent of a 2 footed tackle. The cream always rises to the top, the patient will prevail.

Dougal - It's extremely unlikely GBP will be involved in a drill this year, first they need a farmout, then they need to do 3-d, this then needs to be interpret (takes several months) and after that a target needs to be greed. IMHO assuming there is a farmout done we are looking at approx 18 months until Gemsbok is drilled....

Last one was under 8p, I am assuming this is why price is dropping and conversion is VWAP related?

So last placing (Oct) was for 1.85 mill, plus 270k separately raised from directors and now cash is @ � 1 mill. Impressive spread of assets but looks like the begging bowl will be out after the presentation. It's a shame the programs in New Guinea are high cost, as thats where the true multi bag potential is here (Sol Gold like price explosion). I am expecting a placing around the current price level to advance Lighthouse

Check in here from time to time and fair to say for sure Namibia is back on the majors radar with multiple wells being drilled this year. I would suggest the initial catalyst for a re-rate here will actually be off the back of the forthcoming drills. With 2-d only at present the COS is poor on the CPR, but this is to be expected, with 3-d you'd be looking to get the COs up to around 25-30% Be interesting to see if the majors wait for drill results before farm in here. Always been an interesting company (but with lazy sods on the bod lol) and for those with patience could be a very rewarding share in 6 months or so when drill results are in. All my shares are in the red at present but if they improve will re-take a position here if price is reasonable GL All

So we have many holders understandably royally fecked off that after months of suspension their holding was essentially halved in new entity so are selling whatever they had. It looks like a bit of a news vacuum as well until we see the results of the improvements they are making. Kind of reminds me of the pounding MRS took...........they re-listed @ 5p got spanked down to 2.5p, then when every man and his dog had sold, the market started to price in the value of the asset and its now trading around 7-8p. I reckon similar here, pain before the gain as clearly this is a high value asset.

Always goes t9ts up when there is a market event - happened when a rumour pvr had gas strike - l2 shat itself

Wait for bitcoin to stop getting smashed then buy in Yup it’s blockchaun but tatted with same brush

WWW I would advise you not to get fixated on the 6 weeks for flow rates and frac delivered. SGC have stated the expect operations to have started in Q1 - not finished. Let's say they get the permit by end of Feb, I would imagine, based on previous tardyness for them to take another 2-3 weeks to get all the relevant equipment on site. Then they have to let the frac fluids do their thing - this will take another 2-3 weeks before they start to flow test. I am more thinking end of April/Mid May for flow results...

Simples no visible near term news flow block chain has Made aim even worse for short term investing This is a long term play

So it's unlikely they will have an acquisition by April - thought it was imminent ? So are they going to start trading on AIM again in the meantime before main market move?

Let's hope for a mega frac. What concerns me (assuming this is commercial) the feckwit that is GJ is not planning to move on to the mega zones....he will just produce from this zone for a while... As you rightly point out we need to see what's in x4 to x1...

I was a keen follower of ALO and now of course here as well. Todays news was undoubtedly positive in the medium term, but struggling to see any short term catalyst here in the meantime(happy to be corrected) There is an OO pending @ 10p, which is where we are now. If the sp continues to languish here there is no point them wasting admin fees as you can simply buy on the market now at that rate.

PPm.......they need that to give confidence.

Quite simply the flow rates were pants plus we have no detail of any net pay etc so the market has priced it in as a dud We need I would say a tenfold increase from the frac to turn sentimen. Most annoying of all there are other intervals that are likely to be far better than the one we are faffing around with so let’s hope that gj does not make a complete tool of himself and get us some decent flow rates

Ed as shares @9.2p being dumped We also have the headwind of an OO @ 10p to clear so expect to be around 10p for a while