Member Info for Cjm83

Seen this before as a technical discovery i.e Hydrocarbons are present but not commercial qualities.

This will need evaluation post well then another drill to better place the well to see if quantities become commercial.

Been on many projects where they get a technical but come back and find commercial discoveries. Then again these were bigger players with money to burn.

I am now in leave alone and wait mode. Hopefully before i am grey and old.

This is positive news. Or the right direction. Yes we are expecting the agreement to be signed, and yes Wildcat has to be optimistic. But realistically i would think no peace deal delays the signatures. The 2-3 months could be after peace.

Again i know Wildcat are saying this are normal but that is artistic licence to keep everything status quo.

So Patience is the key here. You are in this for a reason if you are panicking already then that means you are over exposed in Wildcat. Nothing is certain but also nothing is built over night.

Thanks i found it just after i posted. Search under WCAT rather than full name. Cheers anyways.

Did not realise there was a telegram group, do you have a link.

Glad i bought in last week. Not a lot but it is a start. Seems the more i read the more interesting to becomes. Also quite refreshing with the companies clear and decent information on Twitter etc. Lets just hope we all get proven right.

What BP is saying is and this applied to us all, we are here to make a profit not to give are hard earnt money to the higher ups. Sometimes it is better to catch a share slightly late for a smaller profit than to early and get trapped .

I will say i fail on all of the above. Haha. But average is good so happy to wait. Wont be worried about taking less profit as 100% for me is 1.32p. I would seriously have to consider running away at that price.

Amazing how shareholder always get stuffed like a kipper.

Also near me in Shropshire next weekend 1-2c at night and 9-10c day winter is on its way.

If this drags in the Middle eastern countries and as Qatar helped plan this for a year. We are in trouble even if we have full supplies.

Gas prices will spike.

Lets be honest here late year we got caught out Gas wise in Europe so we had a mohican hair cut trend very high peaks and troughs. This year we have a more flat raise i recon at most ( still to early) £2 a therm max but consistent price.

Yes price per therm helps here but the fundamentals and debt and at the moment lack of future plan is holding is back.

Sort the debt and have a plan that investors can believe in ( past management destroyed sentiment) then we will see a steady rise.

Betting on future gas prices is a bit of a farce i think.

So in short making money and profit until debt and a future plan is sorted. A holding pattern.

Questions is is Angus a company for future operations or a recycle for the Higher ups to get a payday a la other AIM stocks.

Been here before

People on a chat board thinking they can change the world oh we have lots of people now big %. Wrong peanuts. I will tell you what happens. This drags on then they ask for money last quote for legal action on another share was 8.9k, throwing more money away for what a very very slim chance. IOG should not have been more than a small % of your portfolio. I am just as annoyed as for me 42k loss is a lot but you have to learn and move on. I know it is difficult as a do not know any of your situations. I can whether this storm mainly because in the same year i made 210k with Rolls Royce.

All i am saying is you do not know anyone here so be careful. Just because someone posts i have bought means nothing.

I know some have spoken personally and that is ok but not all. Basically if i cold called you you would tell me to F off. So take a breather and look at the big picture. Often it is not about the amount of people just the right people.

Wish you all the best.

As i stated before i am in this industry and drilled H2.

So yes i do know people. I am just stating that if this was getting turned around why are the technical team already off to new projects.

All i am saying is we have seen this before with people thinking they are going to take legal action/advice at more cost and for what. In the grand scheme of things we are know one.

I lost money here also, but sometimes you have to accept things happen, i also agree they grabbed defeat from some good assets.

Well i know two technical IOG employees who start new jobs today. So this in my opinion is done and they did not just walk into a job. So just enough staff to over see the Admin i guess.

If anyone believes anyone on a chat sight they are an idiot. The truth is you do not know anyone here, people say they are buying but do not same for selling. I lost a fair bit in this awhile back but got out at 1.5p. Been a crappy day all round for a lot of people.

Here is a question then. Do IOG know the industry they work in? We all know summer prices are at the lowest. Yet they still said they would hoard cash and build a position. So now they get a free pass for not hoarding money and building cash. Seems they can pull the wool over our eyes or did they think summer prices were going to be £1 plus.

luckily iog triggered my stop loss at 1.6p. enough done. iog has cost me 27k, my good run of 6 years came to an end. however usually every 6-7years i have a howler but recover and more, it is almost like i need to have a howler to kick me up the ****.

if they had something positive to say today was the day i would say. know one hoards good news.

they had so much potential. even if another player snaps up the assets at this point it would be after admin.

i really wish you all good luck on this. remember to have a look at your whole portfolio, ask yourself if iog goes to 0p would you lose sleep over it. if the answer is no then crack on. if yes then remember it is always best to get something out and fight another day.

Bloody hell i am going to have 3x same post now. Sorry.

My only issue with Brexit is that with every Public sector, MP, civil servant working against it they cannot blame Brexit 100%.

To quote every public sector probably “ i can do a rubbish job and then blame Brexit”

my issue with brexit is when every public sector, civil servant, mp and media work against brexit you cannot say our current situation is because of brexit. more of a “i can do a **** job and blame brexit” said by public sector workers.

Yes it will cut. H2 with water. But remember that is perfect case as in no H1 and H2 only. As we know as long as H1 makes a profit even with the water or maybe a lower production rate / choke valve setting may reduce water ingress. Then money making is the aim of the game. IOG cannot play a perfect game and have to make money no other way.

Balls to it i cannot get the link to work. Basically the treasury is getting the bankers together to fund Oil and Gas UK projects.

Treasury woos bankers to drum up support for oil and gas projects

https://mol.im/a/1242396