Member Info for Casper786

i say OMAN is the biggest...because we have rough figures.... what if REPSOL come with a GUSHER in Namibia....that changes everything.....the talk in that part of the world is.....that their prospect can be big as 13BILLION brls........:))

just so glad i am IN this.....+VE....:)) we have NAMIBIA...wait we have more.... we have ZAMBIA......wait...we still have more... we have the BIGGEST of all OMAN.......and this one will be drilled FIRST....as far as i understand it.....:))

Keys holds 24million shares ( 21.5% ).......so he will only do....whats right for the company.....and i am sure he has a PLAN....gl to him and all of us.....:))

what you say is true, re-raising capital, which was one of 2 negatives here other one being this seller we have had for age ( both of these were mentioned earlier today ). capital raising is a part of the game here on aim, fri is short of funds we all know that, there are two ways they can go about this ( a ) raise capital via placing method, if it came to this it wont be huge dilution as capex needed for next few mths aint great at all, my guess is if we was to raise via placing we would only raise approx ( £1.5m ), please note this is the most ( guess from my part ) and if this was the case, one is looking at approx 60m odd shares ( which i am sure you would agree is peanuts ), the reason to need raise small amounts currently if at all, is mainly due to the fact we have 3 possibilities of farmouts which would give us further revenues ( note data room i believe is open for all 3 farmouts ), yes its true farmout might or might not happen in next few weeks, but i genuinely believe it will happen within next couple of mths or so. Overall we have 3 great projects ( oman, Namibia, Zambia ) so even if little dilution is done at lets say...i am sure overall it will be welcomed, one reason being we would have further funds and secondly and most importantly we would have more liquidity here, just take toady as an example with only so many few shares in freefloat ppl were struggling to buy even small amounts here. lets say they threw in 60m sharesor even 70m or 80m ( don't believe it will be this high if it was to happen ) then we would still have under 200m shares in issue, which for an oily with great potential like FRI is really rare on AIM market. So the bottom line is yes capital raise via placing could happen but imho it wouldn't be great just bare minimum for foreseeable future atleast until farmouts are sorted out, which again as stated shouldn't take long. Its for this reason why if one has a low average it shouldn't matter that much especially if placing was done at a higher price. Aim is not for faint hearted that's for sure, if ppl buy shares without considering the risks then something is wrong, one should always take in consideration when investing of the down falls ( i always tend to say to ppl play it safe and only invest what you could afford to lose ). Here on aim ppl take a chance they take the risk and they tend to trade a lot, sometimes it goes for them others against them, that is down to each individual him/herself how they play. Me personally don't tend to trade a lot if it happens then it happens, if -ve rns was to come it wouldn't matter. Take a look at trp not long ago approx 8mths ago ( on top of my head ) they did a placing at 1p+, after which it touched 7p be4 2nd placing. Dilution hurts shortterm only, longterm as trp has indicated its a winner. for all those who want to know the risks, read this post. Nothing comes in life easy. sometimes one has to take risks.

it was good.....shame we didn't have a full day....but tomorrow is another day....hopefully.....a MUCH BETTER one...on shareprice front.....meaning a BIGGER rise.......:))... brokerdaw...can you please enlighten all these new comers what they have invested in.... i have to grab few hours sleep be4 work..... so see you guys later...:)) take care SWEET DREAMS!!!!

lol.....i like that.....hopefully tomorrow you will be happy with your entry point...:))

lol...its called PREMIUM offering....to suck in weak sellers.......:))

about 6 mins left......its difficult to buy......so where do we get the volumes from......out of 35m freefloat.....4m has been taken today......all BUYS....bar 2 small trades on isdx....:))

the good thing is....ppl are getting in early....and on the lowside.....:))

they want sells....lol... I just hope....BROKERDAW......is at his best with his research later.......there is so much interest now........this is the chance to draw ppl's...attention towards FRI....:))

including isdx,,,,,trades...i think we have passed 4 million....:))

dummy sell going up...dummy buy going up......only 15 mins left.....tomorrow.....a big day me thinks ( just my view )...if anything like today.....3p+...or even 4p possible.....:))

good buys on isdx...:))

just maybe....mm's know ....farmout news is coming......:)) or its just that...ppl have finally noticed this BEAUTY

after 2.4p ASK.....next stop is.....2.7p.....:))

last...WIRE has woken UP......a good sign.....:))

they have ticked it up..... 2.5p be4 close would be nice.....:))...then tomorrow a VERY STRONG DAY...:))

just look at their licence's and then look at their m/c.....of just £2.5m.......

lol....could be....just hope .....THIS is the one....:))

North America in my books = CANADA CANANDA = chard.... never say never... there is till hope there.... ...if not chard lets hope they make some other acquisition in shale oil in them parts of world....