Member Info for Cloudwatcher

I'm finding the number of large sells rather odd, almost as if the share price is being controlled to stop it rising too quickly. Are these shares still a residue from the raise? Why would anyone with that quantity choose to sell now? Any thoughts?

This looks positive. I had been getting concerned enough to consider selling a few, but didn't. Look forward to seeing some detail. Presumably an RNS in next few days.

Nike,

Not me. Only ever used this ID on these boards. .22p 2 years ago, I'd take that now for my entire holding but did pick up a good few in the raise and more in the .06s recently. For me we must have positive news no later than 3-4 weeks otherwise it will again begin to look like a 'jam tomorrow' share. Haven't done the calculation from the interims but what has been our monthly cash burn over past year? How long can we go without further input as we are not anywhere near production income and despite the for sale sign being clearly hung out some time ago and lots of 'discussions' afaik there have been no takers. The last few trading sessions have shown lots of people willing to sell even at .065p. What price could a major get the entire co. for and why do they apparently not want it even for that price? Does the T.Gap holding effectively preclude any bid from outside? I am certainly somewhere between optimism that we are on the edge of good times and realism that if it doesn't happen the reality will be a very large haircut. Wish good fortune to all. Wonder how many regulars on here are looking at the RNS's at around 07.00 each day.

Filthy.

Entirely accept that the company has evolved but, as yet, we have nothing particularly concrete, certainly not to affect positively the markets view and therefore the shareprice. I've never said this is going nowhere but neither have I the rose tinted specs of those who have, for a long time, spouted 1-3 p in short order. Thanks but I'll make my own decisions on whether to buy hold or sell. Entirely agree with last sentence of your second post. If the DD doesn't give that assurance then there is likely to be no funding from that party and (probably) no drill in Q! 2025.

Meadow, agree re Timor Gap. They got that on the cheap, hope we don't have to part with another large stake to them for little funds to keep on track.

I'm with Shiny here, Potential only goes so far. Feel like I've been strung along for 20 years on potential. First purchase was around 4p if I remember correctly. Against better judgement bought more recently but willing to sell those at small profit soon. Apart from those who bought in the raise ot .05p most holders are under water or around even. Any one know when we should here from the latest woodside study?

How lucky we are that Stark F****D up otherwise we'd be giving our spod away!

Meadow,

I really hope you are right and I am wrong. In my optimistic moments I hope for .25p by years end but all depends on the JV. I expect news on this towards end of this month.

So you're suggesting that looting shops, burning (other peoples) cars, setting fire to buildings and hurling objects at the police with the intent to seriously injured is legitimate protest which should be accepted and not punished? That's not the society I, or I suspect the vast majority,want to live in

At the same time you seem to think a government that has been in power a few weeks is to blame because an awful crime, committed 2 years ago has not been prosecuted? Get a grip

Must admit I'm feeling underwhelmed. After many months of talks we have an agreement of maybe and might. Was hoping for a bigger spike to unload some. Must be nearly 20 years since I first bought into gold oil and still waiting.

Personally doubt simple name change will have any impact on share price. Why should it? If we get positive news on JV then it will move but more relevant is still our route to market. Sort that and stand by for fireworks.

Sprint, I don't think anyone is expecting sc6 on or before 10th July. If we get regular confirmed sc6 by the end of July that will be a great result.

Reckon I've seen similar messages about 40 times a year for the last 10 years. Maybe one day one will be right and the poster will consider themselves an investment genius.

I can agree that generally but given that we are told that no further dilutive funding will be required, the CoS on the drill are high, talks are advanced with funding partners etc why does the market still appear not to like this share. What is needed to release the potential? Like many on here I've been waiting along time.

I'd be interested to know what you think the 'explosive ' news will be? I now have some doubt that JV finance, rig booking or even successful drill will make the massive difference we would all like. We need the go ahead on route to market and that still seems as far away as ever...sadly.

I agree with Hasiba. Try to replace GR now and I think we're more likely to lose everything.. His time is limited and I see no value in replacing him now

The likes of Goddards continuing to be happy to take shares in Lieu of payment for invoices gives me a deal of optimism.They are on site and can see what is happening daily. They are continuing to work. They must be of the opinion that this is going to come good some time soon else why would they do this?

These days I only have money in the market as a hobby/diversion. Having reread this RNS several times I must say I'm surprised at the almost total negativity on here today. There are clearly people with their own agendas happy to say how clever they are for predicting 'bad news' but to me it is not that bad. We are likely to sell produce this month, not as much as we'd like and probably not at the price we'd like, but it's a start and I suspect a fairly rapid increase over the next 3 months of both quantity and quality. Wish I'd had shares in Amazon, Microsoft, Apple etc in the years they were loss making. If there is any significant opportunity to pick a up a few more of these at lower than the current price I may well be tempted. Just to be clear It is a risk investment. If you are looking to significantly increase your capital in a few months I'd suggest this one is not for you. It will take time.

OK. If so, I add asap!

It would be nice to see our new directors show that they believe in the company with some substantial share purchases in the market.

Can't be bothered to check but I thought the piping was leaving by last w/end and due to arrive either yesterday or today? Frankly though in the great scheme a few days makes little difference. I had been hovering over the BUY button for a few weeks and finally took the plunge for more today. Yes there are risks but I think the chances of a fairly quick 25%+ profit are greater than the risk of a loss which wont be recovered over perhaps 6 months. Some of the bickering on this forum makes me despair.