Member Info for Cautious11

Ajw I respect your comments but the water cut off is disappointing, so do you think the packers have not worked, and my opinion on PH hasn’t changed. Why tell us all Bago gas sales in January when obviously that was not achievable. If the bottom of the Rns had stated PH had been sacked then that would have been a positive Rns

A more positive Rns . Hopefully more truthful this time. PH stated previously Bago purchasing gas this January, he must have known full well that wasn’t possible. Water cut off high so packers not as successful has hoped but hopefully improvement on 51. Let’s all hope the market see this as a good move forward

The facts are we are 22 days into 2020 and we are still guessing. We don’t know how 16 is getting on, wether 38 testing is yet successful or news on how Bago are progressing or if the 3D seismic was worth it and when 51 is spudding. Are you telling me they couldn’t come up with a update instead of treating shareholders like muppets

SimonT you could be right, but another positive is the fact you are back and in the past you have admitted you are a deramper. So putting a few spanner’s in the works when you don’t actually hold any shares at present tells me you want to buy back in. Good luck

Let’s hope your right S7

In 2 months according to my calculations they have disposed of 8 million shares
Look at the Rns and keep scrolling down

We will all soon find out. Other major ii’s won’t have sold because they have not got the inside information that GOG have. The only thing positive I can think of is why are they going to 51
My cynical self would say the reason is to give us hope and to keep the price up.
We will be the last to know. Could still be become good but I still think PH should have had the boot months ago. Seriously not trustworthy

Happy New year to Mr A James W
Bungle I have phoned the company numerous times and they have always been courteous but will not divulge anything that is not in the public domain

Hepseal 2020. We were promised regular updates, so I would like to know how Bago are getting on to confirm they are getting on, also the reason why we are now going to well 51.
Reason for this is this board is just full of speculation and that’s all it is
And before some says they are too busy to communicate that is part of their job. Remember how often PH’s head was popping up all over the place between April and July last year

Hepseal. It’s called honesty, and not spinning just what makes you feel good.
April Rns. Biggest flowing well in Georgia discovered
Next Rns terminology changed from bopd to bbld
Get investors on board, at 11p a share. Now down 700k each. Dont worry PH says they are happy
Eventually admit major problem with well 16
Then the well is shut, investors not informed
Then reopened and try it to bluff us with production from date of testing not actually from that week
Eventually admit the production of that week,
Shut well again for re assessment
Well 38 complete awaiting results ( speculation how long ) still no wiser
Bago contract signed. No update if any progress has been made since
Now moving to well 51, change of plan. Could be a positive
On top of all that. Norio producing very little compared to estimates
3D awaiting results
Hepseal I think most of the above is factual not speculation

I will repeat myself from awhile back, the last Rns has left us making assumption once again. There was no reason why the directors could not have explained to us why they are to drilling 51 next. Hepseal and co you are far to protective of the board. Why not see them for what they are
I’m not saying it won’t come good but more pressure from pi’s and calls into the office explaining our frustrations might just get some non misleading action

I’m way over committed as it is

I’m sure you will have noticed the larger trades for the last few days have been sells. A little worrying. If they had been buys I’m sure certain people would be on here saying Rns must be due or someone knows something

Hepseal. You didn’t believe me when 16 was reopened and the result was tested from date of April instead of what was produced that week or criticize the board for trying to deceive us
And you seem very happy with the last Rns which once again leaves a lot of guess work. Have you worked for a Aim company in the past and except lack of transparency

Malodoni I agree with your assumption re 51 but once again they could have explained that in the Rns. Hepseal unfortunately your rather blinkered re the quality of the Rns we receive and very protective of the company. Why dont you try to have a more balanced view

Malodoni. Said by who. Take what is said on here with a pinch of salt. Unless you go by hear say
The only way the sp will improve is positive RNs without leaving people guessing which is what you are doing. After being stung with 16 and the lack of transparency, only facts count

Exactly Ezhik. There as probably nothing gone into storage for the last 3-4 months apart from Norio which was supposed to be 100+ bopd not the 25ish currently
All guess work. All we know is they have dug another hole, period. and the next hole will be 51
We don’t know why 51 because they couldn’t be bothered to tell us, so new year same old
Until we get a meaningful Rns with a full update the jury is out. I’m sure some will say what about the 3D seismic, but that currently ain’t paying the bills

We are not even producing oil yet and you want to gloat the price might double, Forget the body counts and the misery people will go through, but hey it won’t effect you

Time will tell but what was stopping them being more transparent and telling us why they are moving to 51 next rather than once again all of us having to make assumptions Again

Agree and that’s why I still think PH should go. Once a deceiver always a deceiver, especially when he stated all Rns are checked thoroughly by 5 separate competent persons, so from bopd to bbl/d
was a kick in the teeth. and stating average from testing months from the date of testing knowing that made a significant difference to the overall figure of 16
All that said the company now have the opportunity to move forward and prove their worth with honest truthful Rns for the much anticipated news.