Member Info for Chitta123

The Gateway gas storage project.

Barrow has the same geology as island magee and was looked as a gas storage project in the past.

Is it possible we could be in for some work on saipems contract to update two Nigerian refineries with the contract value circa 1.47 billion.

We do have other interests besides chuditz so possibly need cash for progress on other fronts.Just thought yesterday's volume was unusual and the intra day drop back seemed very much like on the back of people exiting.Hope it isn't of course but just having a conversation.

It looks a bit like a money raise coming..High volume yesterday with a sp rise then fall back giving the chance for an exit at 1p ready for a money raise at 0.8p

It's coming soon.ML and FID.

Sp is being manipulated at the moment and is not following normal trading.quite a few shares can be matched similar to bed and isa or rollovers.It won't go on forever and once news arrives it will sort it self out.It seems to be in the 38-42 range.

Final details not funeral

If we are known discussions in bolivia it bodes well that we have Peter o toole in our camp.It's not unfair to assume that we have a deal but she just putting the funeral details in place and it's also possible we have a partner with some financial power.
When we look at ghana it is more complicated as petrel resources muddy the waters as they hold 30%.The impasse over the concert party at petrel resources know my view may well be the hold up in the ratification and I am guessing we have a consortium ready to move in on the ghana tano2 asset .With the pet agm coming up and a majority of pet shareholders looking for change ,the next few weeks could be interesting indeed.

Respect your opinion but disagree.There are things going on behind the scenes in my view that we have little information about.Obviously the sp is dismal but share prices don't always reflect the reality and there are other pressures on share prices other than market sentiment.Let's see what unfolds over the next couple of months and revisit the conversation.

We need to know why po**** and beardmore initiated the change of board and at that time there would have been a plan in place hopefully that plan is about to be revealed.

The ML delays always smelt wrong.in fact I am still convinced the ML is a done deal..I wonder if all this has been set up for the gas caverns for someone else to step in and equally someone to step in for the shipbuilding assets .The sp is being walked down and I wouldn't be shocked if killik are behind who is to take on the gas storage project.This is why I think our previous chairman Mr Lyons was in place to set up the gas storage project sale.He definitely wasn't here for the shipbuilding..Any thoughts on who will be a good fit for the shipbuilding operation and related assets.

I don't buy into the reasons given for the delays.Something other than what they are telling us is holding this up and it must be an issue that is very close hence the short time frames that are proposed for extension.Anyone any thoughts of what it might be.?

It's possible there is something else holding this up and those accounts are being used as an excuse..it seems farcical that accounts couldn't be issued quicker than 3 months .frustrating but I'm still confident of a good outcome.

Let's see if killik keep increasing.

Pauly .this is only my opinion , company's don't always spell it out for shareholders .Recent trading suggests to me that someone is accumulating and that couldn't happen at the present sp if the company spelt it out for us.The recent announcement about the 9 qualifying companies may or may not include us but given our connections to bolivia and Peter o toole it would not be a surprise if we were.

September /October.

Killik adding again and I don't think it will stop there.Looks like things are starting to play out now and we will hopefully find out just why the old board were ousted.Killik are accumulating for someone .

Anyone thinking company's play with a straight bat is deluded.In particular smaller aim company's being the worst.Trading is very rarely about the small investor but groups and those in the know.The event trading in clon is in my view indicative of some event that is price enhancing happening in the future .For me it's worth the risk.

When po**** and beardmore instigated the board takeover I think the plan was in place then.When all this unfolds I believe we will see something quite significant.