Member Info for Choppy

I’ve been in a while! And took that view.. hopefully within 6 months this will all be in the past and we will have outstanding results with the drill bit and the OBA at 10000+ Mmh

Correct me if I’m wrong but the SP will continue to drift because effectively we are late on an rns update. Rightfully so the market perceives no news as bad news and reacts accordingly. I’m don’t understand why people are convinced it’s the Mms or short sellers manipulating market? Whilst this has undoubtedly happened in the past, surely this is down to negative sentiment based on the last 3 months. Now we are all hoping for some big news to turn this round but until we get progress this will tread water - mid July and nothing of particular note vexs me tbh

agree with you JTD.<br />we are 6 months into the year! and this lot are way off.<br />the whole thing has a really bad feel to it. from drilling to supply chain. as a company they know they have a lot of rope because not only does the economic backdrop permit them to be so poor (high POO) but there apparent potential in the ground.. its like they feel they have a right to miss deadlines <br />

its an ok RNS. lets be honest though it's not giving us what we want to know, or even a sneak preview. it is the absolute bare minimum to arrest further SP decline. Sticky tape job.

oilheadgame - it really isn't much better at all, I feel.

production and OBA info is still poor relative to where we should be given the targets for this for year.

appreciate I have become more bearish here despite holding on.
I am feeling more and vulnerable as there really is a distinct lack of news, and it does usually mean no news is bad news.
I was annoyed that a yet another 'promise' has been broken as there has been no update for June despite being told we would get one. one of many broken commitments here.
the upside here keeps me interested but the reason it is on life support is because of the lack of transparency from management. I also feel that whilst the risk / reward trade was massively in favour (in my view) I think that ratio has significantly reduced.
I hope we are not on for a run of yet more disappointment.

should come tomorrow.
Promises made in May and they like Mon/Fri.
I'll be disappointed if we hear nothing, but not surprised.

Failure to deliver any updates given induction they would do so in May will be another catastrophic failure from the board and will be the exit point for me. Regardless of all it’s potential the idiots sailing this ship are headed in the wrong direction. I’ve never read more informative bullish posts on any share board in fairnsss but all this bullish noise doesn’t really take into consideration the shower that is the board and it’s memebers and motives.

You can discount his views Got everything horribly wrong so far

Tend to agree Velo. The vagueness of the rns also frustrates me. Particularly, as many have mentioned, the failure to address issues the market (not to mention s/h) are desperate for.. almost like the silence is deafening We are now at the stage of pure puny territory with the team running this. The market has lost confidence here, that’s obvious. Do all the net back calculations you want based on current POO - plain and simple there is no belief. Every RNS is vague, misleading and any soft targets set are missed and there in lies the problem. 18 months ago - oil prices more than 50% down - oba nowhere yet the price was near 30p - Malcy kept claiming the 25p threshold would not be breached. Fast forwRd and it’s a shocker. The pure punt is what they might find - like most on here I suspect we are in it to find out. In poker terms I’m pot committed, and whilst I fear there is a way better hand round the table I won’t fold

Not too bad on opening Will drift throughout day I suspect

You must be new here mate Most here were not doom mongers - hard to ignore the incompetence of BOD

You know what I mean. Be tough to find 18p this morning I suspect to buy back at 16... particularly with these mm’s

All you bullish posters pls stop That is an appalling rns and shows regression and an alarming continuation of poor excuses that are totally consistent with this board and have been for at least 18 months. The only reason I am still here (like anyone’s cares I know) is a)I don’t like selling at a loss and b) this all hinges on exploration success. I expect the market to see straight through this

i agree JTD. i don't know why i continue to hang on as i really feel unless there is a change in BOD this wont really re rate. everything tells me to push the bid - but i'm gluten for punishment and will wait for more disappointing news.. reckon there will be social unrest due to impending papal visit (due in 2020) which has caused a delay blah blah blah

by virtue of listing and sector this is a high risk stock as we know. the risk is higher as we have an inept management team who have little regard for S/H's and seemingly don't know how to run a company. the punt is what we find in the next 3 months - if they turn out to be poor this will tank as reserves are running out. despite POO the market simply doesnt believe in this company.

Long term shareholder here and I’m giving it till end q2. Always right on the edge of a huge sp rise yet it never happens.. I understand the nature of these stocks, particularly given the area they work but the board are like a bunch of director of a box series - great 1st season and then they spin out story lines for everymore and we must be on about season 20! Fed up with the sheet tbh

A very low key dull rns which will not inspire sp It will raise expectations for May, and then if they claim further social unrest for an excuse it will reflect even more poorly on the board I hope of course this does not happen but this is a typical rns I’m not surprised the big boys haven’t piled in. Nothing that screams confidence or competence

In that case you’ll like the company annoucemebt this mmorning.. Recognition of performance & incentivisation Do me a favour

Hopefully the worm has turned and it’s nice to see a rise but I can’t get excited until this has properly re rated. We are still near all time lows on what is seeningly good news yet we are 40+% down on when we announced the opening of the OBA (poo was 40% lower too) I really don’t think this is rise is anything to get worked up over - we need this to be a sustained rally - We need strong leadership from the board and some good news on up and coming projects - genuinely this should be way over 30p

what are you talking about.