Member Info for crl123

It's a joke. They really are muppets . Just goes to show what a farce the market has become. Never used to be like this...in truth. Used to have games...but not like this.

Unexpectedly when people have got fed up and sold out. Then they can raise the price with all the cheap shares they've purloined. Well-worn MM and market trick. Encourage frustration in solid investments. It works.

I was with you all the way!!

WTI flying at $63.22. MM's should not exist. They just want a quick buck.Fundamentals...shmundamentals.

Buy at 15.99p. Malcy/Whitman Howard/Trin press..etc etc............declaring excellent results and prospects. Joke of a market. But what a steal price to buy in after proof like this!

sadly this is how the market-particularly AIM-has become. Yes it is laughable.

Someone just dumped 150,000 shares at 15.57p. A giveaway to the market.

more than that. there is nothing to suggest it will not be the case. this company may be short on superficial but necessary PR but its number-crunching is faultless. there is nothing to suggest this will not happen.they have an onshore asset to sell at4.5 mill. that in itself almost negates the remaining govt. debt. the asset yields oil at around 12-15 dollars a barrel. it's very sellable....and is making cash whilst we wait. cash in bank already 11 mill. things looking very sturdy. CLN's ($7 mill) must be paid by 1st jan or are converted at 6p a share......they ain't gonna get it !!

as good as. but not in reality yet. The debt is all but paid off ...in virtual terms. This RNS has confirmed it. some of it can be confusing....like net debt at 0.1 million. that's confusing...as they still owe govt. and CLN's. But the asset sale in itself would all but pay off govt. loan and the cash is always there to pay off CLN's if it came down to it. i do not know the company's precise source of payment of the govt. debt and forthcoming CLN's. But by 1st jan 2019 trin will be fully fully debt free and can sell itself to the market and farm-in partners as such.they say that they are looing to pay off govt early ....so the CLN payoff may come well well before 1st january. Prudent.

the $5.9 million will be paid back early in instalments.This allows CLN payoff with cash or asset sale plus cash. i don't see an issue here at all with paying off CLN's. 5.9 million is about 4 months' profit at present POO.Asset is worth 4.5 million I think.The asset itself plus 2.5 mill.cash nullifies the CLN's already.

A lot of buying going on. Showing as sells but definitely buy as dummy buys prove it.

they make around $1.5 million profit a month.

seems to me that MM's may be trying to acquire cheap shares from short term sellers.

that CLN's almost paid off. See my quote from earlier. Have to ask the main man . GO....when you are ready........

but they really are anal !! holding the sell at 15.9 !! Raising the buy.

of the reported sells are buys

15.9/16.04. this implies they want trades IMO. If there was a middle finger emoji then I would use it. i know they read the chatboards.

You made a good purchase. Not your fault. it's what they do after excellent results releases.It pi**es me off too but I expected it.

No. Irrelevant. MM's keeping bid (sell) price low. They don't care if it is audited by Noddy or Big Ears.Although I've heard that big ears is not that bad now.That and there have been quite a few sells. They are not interested in fundamentals in AIM. It's volume or specific buyer orders. IMO the volume of sells has not helped. And the AT's are timed perfectly to keep the sell price down if you look. yes...it should be rocketing. This is what they do with Trin every single time.

Same MM reaction.