Member Info for CrustyPete

Agreed BG and yet no RNS statement to that effect; not yet at least. But then I have questioned for a long while whether simple confirmation of the CH1 site would justify an RNS? And similarly, I would not be at all surprised to have to wait until full seismic survey results before seeing any GIIP revisions.

ooops that should have read "hasn't our sterling based value..."- silly me!

Yes BG and on that $ point - if our MC and SP was a reflection of our carry and our underlying assets why has our sterling based value gone up 25%?! The markets are mispricing us yet again!! ;0)

Blimey, only 4 days from October and you can still buy AEX in volume at below 1.0p..... so much for the FOMO eh mctripe?

Oh and fwiw I have bought a few more too ;0)

I will happily admit that even I thought that September might be the month :-(

Lol, Rojo, you must have been to the South of France about 20 times since mctripe and his fellow rainbow chasers, about 18 months ago, started telling us that AEX will be 1.5p in the morning.... and here we are very nearly in October 2022 but a few weeks before the originally anticipated Spud date.

Maybe next month?

At the AGM it was stated that CH1 B is anticipated following on very shortly after CH1 A but they will probably want to analyse CH1 drill results before drilling the second.

The analysis required for confirmation of the CH1 location should now have been completed - the question is whether simple confirmation of the final drill position is worthy of an RNS? Maybe they are looking at more than just that?

Don't worry MAX Tripemctripe tells us that SCIR will be worth 7- 8 times what it is now is a years time. But then he has been telling us that AEX will be 1.5p in a matter of no time, for the last 18 months or more and here we still are waiting.... ;0)

Thank you.

Considering "lead times" and the reference to the "planned 2023 drill campiagn" it would suggest no drilling until Q1 at the earliest? :-(

Why would anyone want Rojo's shares at 1p? They can buy them cheaper in the market ;0)

Triplestar - what is the date of the excerpt you are quoting? Is that a recent publication?

With an order of that size it is likely that it will have been filled over an extended period of time; if so, the final time and price will be when it was completed and the "average" price over the period that it took to fill it - consequently it is difficult to be sure but superficially, yes, I would agree it looks like a buy. ;0)

Only time will tell BG. I know what I am expecting and think it counter productive to overstate (my view) what to expect from Phase 1 seismic results. Raising people's expectations usually leads to disappointment and a temporary spike on news.

Well I would be surprised to se that - the "phase 1" data will be fairly localised and designed for a specific purpose - CH1 location - it is not likley to provide sufficient data to yield the necessary information for a revised TCF number.

I hope I am worng but I won't be holding my breath.

WEll, honestly BG, I hope I am wrong but I am note expcting any more "meat on the bone" - until they have completed the full seismic programme they will have insufficient data to come up with much more - certainly not GIIP figures for example.

BG if all the market is anticipating is the final decison of the positioning of CH1 I would suggest that no-one is likley to get too excited about it....

" there is no indication whatsoever that he does paid promotion for companies" which may be true, but the website certainly doesn't deny it, whereas it absolutely denies "front running" any stocks. But despite this mctripe knows better....

Which is why one previous CEO decided to avoid issuing "target dates" - they make you look a liar and yet, as is even more true today, AEX have absolutely no control over these dates.

Here we go again, "He makes money when the stocks he has bought go up".

So to repeat - an extract from the disclaimer on Malcy's Blog:

"It does not constitute investment advice and Malcy does not buy or sell shares, warrants or bonds in any company written about within the blog".....