Member Info for Choppy

Agree with you
I’ve said it many times that the board have no credibility and with our biggest potential turning out a duster thsibwill continue to slide
So wish I’d bailed on this - total piece of sheet
Got roped in here on too much ramped up patter and overly optimistic posters

Wish I’d got out

This is heading lower for me

lets not spend the morning debating who said what... most posters are informative albeit optimistic..
let =s not sugar coat this and the future - this is no longer a mutli bagger opportunity. the SP was waiting to explode off the back of the n sands. that is a dud.
its about making getting money back!

I think there was a sense all was not right here - main play looking like a blank
Hugely disappointing

Just can’t believe how bad things are here.
For all money it looks like this is heading toward the 20s.

Saw the RNS this morning - not sure why anyone thought this would go wild today results as expected. A lot of discussions on these boards about the net back numbers, which has many have pointed out are roughly accurate (bays pointed out that slightly under expectation with pre and post figure)
As I believe the market knows everything about he back of the fag packet calculations and today’s SP rise is possibly proof of this. It’s waiting for news on the drill bit and to be rid of RH

yeah Dol03 it is for oilies you're right.
a bit harsh @ Eldorado - i didn't say it was primarily an exploration play - but market value seems to be based on this - not the net back figures. THAT is patently obvious or this would be valued at 40 p not 15p.

I hear what your saying but as to what has happened historically that is there for us all to see. there is a long list of missed deadlines and poor excuses. that is the reason why the SP has declined so significantly
the net back figure are finite as the black stuff is running out so i don't think you can go too much on that - the BOD will be thrilled with their daily turnover - but it has been ignored by the wider market due the fact that it is running out!
this play is down to the drill bit. Success here (which could be big) put this back in correlation with POO.
any dry play will see this tank as it will be yet another sheet show.

cant see this having much impact on sp in short term. we knew it was coming - spudding a well that should have ben done in Q2. furthermore I don't think there are many negative people on these boards - more realists.
lets face it the management have failed to deliver on many many deadlines this year (last year and the year before) the fact remains thats is a constant theme.
that said better late than never. lets hope for some real momentum from here.

They always say not to buy into a firm if you don’t trust management and I have to say we seem along way off the promises made at the beginning of the year. It’s sept (just) and the silence in key projects is deafening. I suspect this is the reason for the divergence with POO. Hugely frustrating for all on here - great posts but a lot of speculation. We need concrete updates with progress, development ls and a strategy which they can stick to

Spot on

I’ve been bearish of late but im delighted with those production figures as bizarre as it sounds Still we wait for the main course

need news for this to be of any interest

seen this all before

Hope you’re right Nasty down trend here

Good luck ‘I can’t see any issues’ Where have you been?!? Hope your fresh confidence brings a change in fortune! The day we get an RNS saying we have had no problems and the OBA is briming and output has increased is the day the rain stops in Columbia

Even the auditors are fed up with the excuses Must make accountant hard!!

Feel it JTD. Let’s face it though we are all expecting more let down news. We’ve some smoke and mirrors in some RNSs but by in large it’s all been a let down. THe market doesn’t believe We need a run of good news delivered on time... I’m holding on but I’m not particularly hopeful in the near term -

Rather they focused on deliverying on existing targets and projects.

Hello AA Yeah we’ve been through it haven’t we. I look on this board from time to time - like you I sold out around 80 p on a huge loss too.. I still have a small holding too Really hard to believe how far this has sunk - been a terrible dog. Looks like it’s about to take another step down

Suspect an announcement is due re Fortuna Ie it’s not happening Awful mess this lot are in