Member Info for Crocqman

Could be, Lmoll.
A TR1 or two with large investors accumulating would give this a nice boost.
gla

bladehater,
Exactly. As can be witnessed on the ANGS board since he bought in cheaply on Friday.
Non-stop posting ever since over there are after slating them off for months.
Same repetetive posting style as seen over here for the whole of last year: 'Balcombe is the jewel in the crown', 'shares are cheap as chips' 'get them while you can', '1587 bopd equivalent', 'can't buy large amounts, must be something going on in the background', etc, etc. All posts 'imo' of course.

Posted as a LTH here all of 2018 'no one's getting their hands on a single share', 'here for the big prize', before admitting to trading the stock when asked why he was so emotionally attached.
He's just a trader like most. I find it all very amusing tbh.

Big turnaround since the start of today.
Seems like something going on in the background.
As stated previously, will sit tight here until more info is known (or result of conference call).
gla

Some interesting points in your posts, Quince.
I think you will find though that Seadoc has had countless counter arguments to his posting for well over a year now.
The sad thing is that the SP has ended up closer to his predictions from 1 year ago than the majority of the counter arguements who were regularly stating 4p and higher.
Disappointing SP, currently but this will not make a decent move northwards until we see further news (rig, CPR).
Now into Q3, so expecting a step up in activity soon as promised by SS.
gla

2 price monitoring extensions.
Not seeing any sign of a bounce, looks 20% down.

Good post Jacksdad.
A lot of people too quick to point the finger rather than take responsibility for their own decisions.
Unfortunately, some posters just want to keep up their personal vendettas and will take every opportunity to do so.
Not interested in their bickering bs and countless threads arguing over semantics and always having to have the last word on everything. Take it to twitter.

Certainly not the news I was expecting when I posted yesterday about looking forward to updates.
Popped out for some shopping and return circa £2k down, but could be worse.
Will see where this goes over the next week or so, other assets with potential, so maybe hold for the gas play next year and hopefully get some return there.

My decision to invest, my losses (paper) and will take it on the chin. All part of AIM investment.
gla

Enjoy your golf TS.
I think this board will be entertaining today, shame the increased volume of posting from the RNS may not necessarily be followed by an increased trading volume (of buys).
gla

Not your fault, Laddy.
Majority on here were in super ramping mode when it hit 16p telling everyone they were mugs selling at those prices and became more vociferous when it dropped back to 14p and 12p saying this was going to 20p, or 30p 'next week'
Some posters predicting 10p at the time were hounded from the board.

Anyway, as you say, lesson learned. Still happy with my holding here (although down like most). Glad I missed out on a top up recently at 4p, but will await further news. Still feel the current bod deserve some time in the short term as signs have been encouraging.
gla

Correct, AJW.
These investor meetings are not to release new information, but to promote the company and attract investors with deep pockets, II's, Fund Managers and the like. Greater investment from these areas will put the company on a stronger footing for the future.
Hoping for a good day today.
gla

Part of a large buy order being filled across the day, perhaps?
Circa 20% of current daily volume?

Pleasantly surprised at this sustained rise.
Sold half my holding at just over 400p to put elsewhere thinking it would not go much higher in the short term.
It will be interesting to see the half year results at the end of July.
Will maintain current position while the decent dividends continue and maybe dip back in if there is a drop (but only below the 350 level).

In response to the previous post, I think the Woodford situation will have limited impact as (imo) a large proportion of his investors will have been PI's and high net worth individuals based on his past reputation and II's investing based on his past good relationships.
Jupiter has no private client business, so little scope there and I am not sure there is much overlap with Woodford's more 'niche' funds to gain many (if any) II's. New mandates take time to win also, so any benefit may not be seen in the AUM until the end of year. Interesting to see though.
gla

I think you are right, waynesmith.
All this talk about it being 16p last year on anticipation and 30p plus previously are no longer valid arguments. I think it is misleading to keep referring to these past price points, the market wants actual results now.
Yes, the assets are potentially worth a lot more than the current SP suggests, but the time for talk is over now and they need to deliver.
Current plan looks to be on track, so all good here for me and looking forward to updates.
Expecting to see some small gains in the short term as activity increases, dips too.
gla

These delayed trades at end of day could just be dealers cancelling and rebooking smaller fill orders processed across the day as the 'total fill' for the day in order to process fees, commission, etc.
Common practice when trading large/limit orders as I understand it.
gla

All those small trades may just be partial fills as part of a larger order.
A limit trade perhaps, or a trade being completed as part of the adv. and being filled across the trading day so as not to exceed a specified % of adv (and thus not unduly move the market).
Potentially we'll see a cancel and rebook for the actual completed amount being processed as a single large trade at the average traded price at end of day.
gla

Off topic, Sting, but surely he would also be selling down the company you mention to maintain suitable portfolio weights, otherwise he would (could) be hugely overweight and overexposed in a risky play?
Possibly keeping a higher holding, but I'm sure with all the publicity and scrutiny he is under both his internal Compliance, other asset managers, the big II's, etc as well as his own mandate requirements, etc would have plenty to say.

Back to ukog, was tempted to add circa 1p, so a good deal for you. Not overly concerned with the timing slip, always expect movements in timeframes, but the continued lack of clarity on the rig situation is disappointing.
gla

Correct me if I am wrong, but I don't see the gas acquisition as adding to the SP in the short term as at this time it is still only a possible source of future cashflow - the RNS states that if it is not deemed as commercial the £2.5m contribution that comes as part of the deal will be used for abandonment costs.
On this basis, I don't see this acquisition adding to the SP until such time as they can confirm it can be commercial and connected to the grid. Potential for mid-late 2020, a bonus if all comes good.

Only success with the current activites will boost the SP in the short term and the rise over the past week or so has been promising.
gla

Hope you are right, Sharebel.
At this price though, I am happy with my current holding and looking forward to (good) news as the current work program continues.
gla

Agreed CS.
Happy with my holding here and with the current activity and potential for the next few months, but hoping to add some more if there is a dip along the way.
gla

There seems to be a new one every month!
The wording of this one is poor, imo - it makes mention of AIM being a relatively illiquid market, but I don't think this is really the case.