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I wonder if it costs money to issue an RNS?
If not, this BOD are useless - their representatives should be issuing positive statements at any opportunity.
If i had my way, Sefton would be barred from any future directorships on the AIM as he is not interested in ensuring stakeholder satisfaction.
Company has great potential and positive newsflow is due - as financers would not have pumped money in without guarantees..... The BOD need to focus on the small retail investors aswell….
So many of the buys seem to be in multiples - two of the same size / value trades within a couple of minutes of each other. Very strange pattern of buying - someone on the know playing some games to take some cheap shares.
If i had some spare funds i would have added some as it has consolidated nicely for a move up.
That is a lot of buying activity over the last hour.
More positive news must be due and would be a nice followup to yesterdays announcement.
Price is still too cheap for the assets that are in play.
That's a very nice rise today. A few more solid days like today are well overdue. Expecting more as there is so much positive news due from this tiddler, alongside an over sold position. Could easily spike a few pence.
This is the next bit of news due either tomorrow or early next week I expect:
"The Company is seeking the revocation of the order at a hearing in Pointe Noire this week on several grounds including that the equipment and oil at the site is the joint property of SPNC, the Government (in the case of the oil) and the Company, and therefore has been wrongfully seized. The judgment of the court may take a few days to be delivered."
Yes I think the Milton news is good.
Another positive is the rate of news low at the moment. More positive RNS's at this regular rate is what the company has been severely lacking. The management team are starting to realise that this is the only way to get the share price back to levels deemed in line with excellent drill results. They must keep this up and continue to publish news which the market needs.
Angela must have a really sad life, consistently commenting on shares that 'she' has no interest in :)
Production plan must be very near publication. that big buy is getting one heck of a deal, as it probably has some inside knowledge like most of the large trades in recent weeks.
It was a very positive RNS today. Shows that the company are listening and do care about shareholder value.
The share price is definitely under valued considerably at the moment. I would anticipate a decent spike on some production plans or finance deal being made.
More news is due soon, including on the funding and production plan, so price is now stabilising and starting to get some energy for the move up.
The video from the last presentation at TP came on youtube about 10 days later - which is an annoyingly long delay ....
That's 13% of IG clients.... and the other part of the commentary says 87% expect this to rise...
So its safe to assume, that the client base is leaning towards an increase in share price... apply that to the overall market...
There are no short position above 0.5% https://shorttracker.co.uk/company/GB00BD0Q3L08/
Therefore, this hysteria is just retail investors panic selling, hence why institutions are willing to take a punt at higher levels. This is a firm buy below the placing price, and all the minions selling out now at a loss are the typical 'buy high sell low' brigade. When it has a bounce they will all be kicking themselves as this will have to bounce very shortly. Institutions making the market know that they can take some easy money at the moment.
errrrrrr that is not even the correct company lol
ANGLO AMERICAN PLC????
This is Anglo African ….
Do Turner Pope make videos of presentations available?
Another presentation coming soon …. and hopefully some questioning and answer on the financial position and short term timetable:
Executive Chairman David Sefton will be presenting at Turner Pope’s investor evening on 3 July 2019 at 4pm in London, EC2. https://www.turnerpope.com/contact/
Added some at 5.30p, should have got in a little earlier, but expecting this to hit the 10p levels over the next few weeks so should be a nice gain.
Really important point made by halfback....
"Just to clarify the results were for the year ending 31st December 2018.
Since that time AAOG have raised £6m on 9th January. In addition they have also had four payments from SNPC. As a result they have stated that they do not need to raise any money via a placing. If they do need further funds for the proposed re-entry programme they will seek other avenues as stated in their RNS. This seems a clear position to me and one which should not have caused the hysteria we have seen. If there was a major problem IMHO I don't think SNPC would be increasing their payments."
The main event today was the AGM but no one on here has any feedback? Everyone just intent on making up their own dramas and stories.
AGM feedback anyone please? Thanks.
That was a very short AGM - there cant have been much challenge, Q&A or many vocal shareholders in attendance?
Has the AGM kicked off? Any milkshake throwing going on?