RE: deramper Joe19 Feb 2019 09:28
Joebop fyi my only AIM "holding" at the moment is clon; I tend to pick one speculative aim stock that I see possible explosive value in and the rest of my investment portfolio is main market type stock. I held UKOG the first time round and then bought in again around 1.2 (when I saw it start to move again) and then traded it I did think it would start another bull run but when I saw it fail, I sold; if you are an experienced trader then you should know that traders that make money are entitled to change their minds. I am not holding a position in UKOG at the moment and see more possible value in Clon. As for my AIM track record, it stands me well, I am sitting in my last success from SLOG with I bought into around 4/5p and sold majority for a very healthy profit. On the other front my background is oil and gas, subsea, mainly in west and east africa and investment banking in the 90s.
I am not interested in moves of clon sp based on speculation I am in this for the long run to see first oil/gas then I will take some profit. This is my objective. If clon sell out then so be it, we will still make money. If all this goes to rat **** then so be it, but i think it is more probable now that Pan Andean and therefore clon will benefit from Ghanas oil and gas successes. The fact of the matter is that clon have a licence (large block in exceptional area) with strong legal claim and with all the cleansing of Ghana Oil and Gas Industry the possibilities of success are becoming more like probabilities. The eyes of big oil and analysts are watching what happens with clon as it will either make it a less riskier place to invest or if clon gets steamrolled then it maybe a case that there other other better bets to risk capex than Ghana ie; Mozambique. What will happen if Ghana steam roll clon it will get logged and companies like IHS will mark Ghana as risky on Sanctity Of Contract and would then have a reputation of not honouring obligations as they are trying to benefit from the revenues of oil and gas. Just have to sit tight for now and watch as things will start to play out. GLA