Member Info for BillTucker89

It was a sarcastic remark since you’re part of the ramping gang and can’t rake the facts.

Anyway since you’re so sure this is going to come good, maybe you’d like to state the reason and facts on this board? Or does that draw a blank page in the book? To date you’ve done nothing of the sort other than make remarks about my posts. Seems like the schooo term has come to an end early for you.

BigBoffer- top man only 19 days left for XMAS, not long left for you to get that 50p now. All the waiting will pay offf in less than 3 weeks!!! You must be excited

Jinny- I must say I’m impressed with your arguments and optimism, but sadly the world we live revolves around corruption, deceit and cheating. This all looks all well pre planned to me. None of the updates this year alluded to any sort of financial trouble, so I’m very suspicious. I’m also surprised that the other Shareholders voted for the deal without a fight, so again I suspect foul play. They were most likely paid a higher price behind closed door as even a fool can see this is undervalued. It has £50m property abs we are selling for £15m. Madness!!!You are correct this requires a £90m takeover target to get to 30p, but that is 6x the current bid so would need some very interested parties to outbid each other. Let’s see what the new year brings and hope you are right.

The shareholder loan was for £15m the rest is just fees and interests. That was a deliberate ploy to compound the debt and reach to this situation since the rate was 18% anum. Regardless of what happens I won’t see my 30p again so I’m prepared for the worst here. Yet another typical aim con.

Perfectly plausible Jinny. I suspect the results will show ‘doom and gloom’ to put people off, but those on the know will know the reality of the situation. I’m in at 30p so have written my money off.

At that point it will be too late if it goes into administration. Look at at this way we are approaching D day and do date no one has expressed an interest. Very unlikely anyone is interested in owning CPR as one of the other shareholders could have easily made a counter offer by now.

T54- nice to see you state the facts, rather than your usual ramp.
Let’s hope all those videos of w38 aren’t going to an marketing item for “this is how you drill a total duster” I think the rampers have lost their patience too and rightly so, we are 5 weeks into the test period.

Scamp- what’s your average here?

This will never hit ASOS levels as there are simply too many shares in issue. At £20-30 a share gives this a market cap of £25-£35bn which is bigger than the likes BT, Tesco etc....

Ifs it does get to the ASOS market cap the SP will stil only be around the £5-£6 mark.

Yes Junny BUT they own the debt so they’ll just put it into a pre pack administration and takeover that way just like Debenhams.

It will drop further especially around Xmas time. I will buy in then.

Mal- but the principle is still the same even if f there is no correlation.

Same old James you’re getting s bit boring. When you’re put on the spot with your BS, all you can resort to is name calling and making false accusations, rather than come up with anything constructive.

I haven’t been bashing at all mate, just stating facts rather than make up stuff like yourself. This is evident as events have unfolded over the past months, who has been right me or you?

V111JAS- yes it will be higher than 5p since it had to be the highest price the acquirer has paid in the last 12 months as minimum. I can’t remeber exactly how much JF paid but I think it’s 7-8p. I believe AF took place in the 11p placing in May and if so, you’re looking as these figures as a mimum, though you can get round this by getting JP to be the aacquirer. They’ll also need other shareholders to be happy though so it will likely be in excess of 11p if it were to happen now, not the £1 or whatever people are expecting.

James the clue is in the word “ I suspect” I didn’t say it was a certain. It’s you that like to tell fairy tales on this board. I thought we were getting a RNS yesterday, last Thursday? What does your crystal ball say now Monday? Let’s face it your just a pump and dumper who’s buys in on the lows and sell out at 7-8p after pumping the he’ll out of this share. Nice if you can get it but bear in mind there are people sitting on losses here. Your tactics are immoral and unethical and I hope they come back to haunt you at some point.

Mal- yes that is the case but it doesn’t always mean the IIS can’t out on top. You used Woodford as an example, but you fail to mention how badly his investments have failed recently? Reality is they can’t just sell up and leave because they will down the sp and sentiment further, or they think the company will recover, and don’t forget they are probably are shorting the stock with their knowledge. Don’t forget it’s these same IIs that give the stock out to other companies to short and make a profit in the process. First Bally day by you think it will raise a few eyebrows at the watchdog if they all sold their investment and bad news was released a day later? There are far too many variables here I’m afraid, it’s not as simple as you make it out to be.

DJM1- no that will not be the case. IIs are just like normal shareholders, therefore they not entitled to get progress updates before they are released to the market via a RNS, even though they maybe in contact with CEO.To do do would be considered market abuse and insider trading, since it can allow people to exit their positions before bad new is released. That said however the world is not perfect and it does happen as there will be various people in the know at this point (workers on site, consultants, nomad staff, bod) . and news flies around like wildfire. As you say the share prices is skating away and the BOD continue to stay quiet, which is bringing down sentiment even further. I suspect there is some of issue at the well as we still haven’t received a RNS along the lines “the well continues to produce oil during the testing phase” before releasing one with the bopd if they didn’t want to issue that prematurely. As for the TR1 notifications again people are assuming it’s a positive without knowing what their motives are. Potentially a take over but at what price? If the current bod fail to deliver but the Solo directors see value in the assets and are confident they can deliver, get could in theory put in a bid at say 7p a share which makes it easier for them owning such a large amount of equity.

18th December and they have most of the votes already so it’s a done deal. Don’t forget that bastard hedge fund only 30% of the equity here too. This has been a setup from the start and they didn’t say anything about working capital requirements in the full year results in June. Shareholders have taken most of the pain during the CVA, and Meditor will reap the benefits.

Oh Dear just when you think this board can’t get any worse. Seems like this board attracts all the scumbags...

Doug- it’s perfectly possible, never say never. I have traded this share a few times over the years, and always retraces especially after a run like this and especially at the current PE ratio. Don’t forget after the January update there’s a whole 3 months before we get anything.