Member Info for cperkin

1,2,3?

Couple of nice buys this morning, I think Malcy summed it up nicely.

More changes at Solo as has been telegraphed lately as Alastair Ferguson joins the board and will become Chairman on 6th August. Neil Ritson will leave the board that day and remain only as a technical advisor. This signals the very serious approach I mentioned when Jon Fitzpatrick joined the board recently as Ferguson has very heavyweight credentials from BP, TNK BP, Zoltav Resources and JKX Oil & Gas. A leading player in the industry today told me that Ferguson has ‘forgotten more about gas than most people ever learn’.
The transformation continues at Solo where I get the distinct impression that nothing is sacred and everything is on the table which should bode very well for shareholders in coming months. I suspect that this board is going to get things done and at a rapid pace especially following the canny deal by Aminex recently shines the spotlight on the Ruvuma asset…

https://www.malcysblog.com/2018/07/oil-price-range-resources-igas-energy-solo-oil-bahamas-petroleum-link-and-finally/

Anybody that thinks and states there are no multiple id's running around on this site and this board is either Naïve or one of the multiple id's themselves, Da doo ron ron ron, da doo ron ron ron ;)

Always has been, that and the cash position although with a free carry you could argue that one is put to bed for now and it is clearly up to the new operator in the Zubairs to deliver on the main asset.

The BOD are little more than passengers from here on in @ Ruvuma...bit like the rest of us shareholders.

Well here is hoping that you collect the beer tokens your non crass comments & remarks deserve rxdav ;)

"When banging your head incessantly against a brick wall proves painful - the logical course of action (to many - strange as this must sound) seems to stop doing so?"

Well surely that would apply to Tarry and he would sell up rxdav, seems logical?

Reminds me of a song, "Donald where your troosers"

Any short over 05% willow, regardless of whom. Many Aim shares are shown, for example Pantheon resources.

Oh and for the record willow I don't short stocks and don't spread bet. I invest capital only and walk away from a stock if I don't believe in it turning a profit.

Just my personal choice.

This one is useful as well.

https://www.fca.org.uk/markets/short-selling/notification-and-disclosure-net-short-positions

Yep

https://shorttracker.co.uk/

Following approval for and the change of status to an operating company, the Company would be allowed to take direct controlling interests in oil and gas assets and become the operator of such assets. Upon Admission as an operating company, the AIM note for investing companies will no longer apply to UKOG.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=UKOG&ArticleCode=6ipa1tox&ArticleHeadline=Schedule_1_Update__UK_Oil__Gas_Plc

Don't worry BD "NormalGuy" will turn up next....

Most invested? you have the facts to back that up do you, please show the current poll results to me.

You dispute the RNS 5165U then?

Solo is in early stage discussions with a major bank on the provision of project financing for the development of the Ntorya field from completion of the planned Chikumbi-1 appraisal well until the development reaches at least 40 million standard feet per day ("mmscfd")

Prior to the effective monetisation of at least one of the Company's core assets the Board intends to seek shareholder approval for any new investments; or any further material acquisitions in any of its existing core portfolio assets. It is also the Board's firm intention that an open offer, open for at least 21 days, will be made to shareholders as and when the Board believes that new funds are required to invest in the Company's existing core assets.

The Board reiterates its existing policy on the distribution of cash or shares from the future monetisation of significant core investments, including the Ruvuma PSA, HHDL or Helium One Limited. The Board's policy is to distribute to shareholders the majority of the proceeds of any sale or farm-out, in cash or in specie

It is nevertheless intended that approximately 50% of future executive directors' fees will be taken in the form of shares and therefore linked to share price performance.

Not many AIM shares that can make those claims

Seems Jay feels the need to sell his negotiation result, seems the Zubairs were stronger to me.

Still free carry to earnings has some investor appeal at least but they need to issue a C-1 spud date and licence ASAP to sell the story.

imo of course.

In case you forgot what 1,2,or 3 is Kejoglo, here is a reminder.

Now then which is it option 1, 2 or 3 for you Kejoglo - it's not option one unless you have failed to declare so that leave 2 or 3

Now then lets explore why you are here posting for 18 months on a share you are not invested in.

I see only 3 logical options (since you like Logic Kejoglo)

1.0 Short - no reported shorts on the AIM FCA site.
2.0 Paid troll? - could be and understandable because you are paid
3.0 Unpaid Troll? Box of Frogs kind....

So 2 or 3 it must be, which is it Kejoglo?

Good luck true shareholders. oh and the link as per the title of the thread.

https://s3-eu-west-1.amazonaws.com/vox.assets.private/july/AEX+-+Presentation+V2.mp4

Thanks to sambo12

1, 2 or 3 Kejoglo, which is it.

If you want to debate the share and the current direction, I am happy to oblige based on known facts all day.

Your choice.

1,2,3

I think posters here are giving Drewky a pretty hard time for his positive outlook. Agreed the deal sucks in terms of valuation of the asset, the Zubairs knew exactly what they were doing back in September 2016 and are laughing all the way to the bank after putting up the cash and concluding this farm out deal (when complete)

However the path to development is risk free and cash free, and shareholders wait for the licence and spud date along with KN-1 remediation, just like we were almost 12 months ago....

Happy to hold whilst the transfer of operator status is completed. 1.5p, 2p not going to ake much differance come delivery.

My mistake JB says around $0.25 million to remediate KN-1

I think he said in the video that remediation for Kiliwani would be in he region of $0.5 million Drewky :)

Not kidding Redfrog, excuse the pun but AIM is as mad as a box of Frogs and not for the faint hearted. The assets are there and they are proven, a new BOD starts on the 6th of August, we await delivery!

Good luck.

I agree on debate and free speech steve, but trolls will often hide behind this unfortunately.

There are some valuable proven assets and as pointed out by some the value of solo's market cap has dropped significantly despite for example an 11 times increase in proven resources in Ruvuma and the current flow tests at Horse Hill. Certainly not logical steve.

My only real concern is how much value will be extracted from monetisation and how much will be shared with the shareholders.

Good luck genuine holders/