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James, you are showing rather a lot of impatience.
Please sit back and relax without raising the many points your investment inexperience is showing to everyone. If you have any concerns you should sell. Many of us here are confident of a good ending, probably in 2022.
Whenever a seller in size, namely 25,000 on this occasion appears, the MMs really knock the price down. Normal market size is 2,000 so the MMs take advantage. On the other hand it only requires one big buy and the price rockets upwards!
There was some buying later in the afternoon but the overall turnover was not too high. News could hit at any time so like Dick, Jim and others I'm sitting tight until we hear that negotiations are in progress. I'll then be on the edge of my seat thinking that Christmas will be arriving early this year.
Great to read and hear Dick's response to the Jim & son question.
I do believe many of us holders are feeling happier at the way the government etc are pushing North Sea oil exploration. It is clearly the right way to go even if it upsets young girls across the North Sea and the usual Ban oil mob in the UK.
I'm feeling more confident about the future as every week passes. And of course my profits, if indeed they arise, will cover my utility bills with a little left over for me to use to celebrate!
FWIW I think our new management are having a good time and have been involved in discussions with interested parties.
I appreciate shares in JOG are very tightly held, thereby resulting in wild swings when bought or sold in size. However, the recent persistent buying is surely as good a sign as any that JOG are at last moving towards their endgame.
Dick won't have too much longer to wait IMO.
May all your wishes come true and may the sun continue to shine on you as your posts are always uplifting.
Enjoy a drink on me and make sure your glass is at least half full.
https://eos.com/landviewer/?lat=69.82406&lng=-149.05167&z=13&id=S2B_tile_20220219_6WVC_0&b=Red,Green,Blue&anti
Thanks to newandax on another board who posted at 15.03. I just happened to peek in at the boards before a late lunch/dinner. Hopefully this is good news.
Longwait, I suspect you fail to understand the importance of new players joining the team. Not only do they bring additional enthusiasm to the existing players but they also have their own special contacts.
Think about a football team with new management. Most are more successful than their predecessors
Good to learn that, Jim. I'm with you and Dick until the end.
Thanks for posting.
Looks like a buy went through at 8.24 this morning for 52882 shares. That trade has to be a good sign!!
Going back many months when discussions were being held with our Norwegian friends about our joint interests I'd like to remind holders and inform potential buyers it was stated on this board that our value would be higher if we were left to go it alone.
It may have been Dick or another of our top holders who mentioned it. In any event I believe Dick this morning is on the button !!
I agree that there has been steady buying here for the past few days & weeks and am surprised by the sale at the end of the day.
I also believe we are coming into the end game. Fingers crossed!!
Thanks for your posts Dick. Have to say I agree with you totally.
At the current SP, surely JOG is a great buy.
I believe the management and senior staff have options at the 160 level?
That being the case I am happy to wait patiently as I'm sure we will see a happy ending long before 2024.