Member Info for Dan1605

As I've said before, AG is paid PR. It certainly wouldn't look good and it could well be against AIM rules to release multiple podcasts before pulling the plug, especially as AG provides an investment case. I tweeted him on Friday asking him to cover the placing/cash saga. Hopefully it hadn't already been recorded and he picked it up.

I don't know Tamer but they sound more upbeat about lolworth than Hurricane, probably because of the mix of REM. They've kicked the can down the road on Hurricane, don't be suprised if that gets pushed back because of the "wet season" which starts in Nov. To have any chance of drilling that this year they need to be starting within the next two weeks, assuming the drilling takes 4 weeks. Not going to happen imo.

Would not be ethical

For the record Tam, I'm not saying it's game over, nobody on this board knows exactly how much cash they have left although we can have a good guess. As I've stated many times, Darren Hazlewood isn't daft and especially when taking shares in lieu of payment there is comprehensive due diligence, that would suggest he was happy to take shares already at a 50% loss. I still personally think Haythorpe will pull something out of the bag. Besides, it would be ethical to put out a series of interviews to then pull the plug. You see, not all negative.

If you could be bothered to do some basic research Tam you would find out a lot more. I won't say what I know, as far as this board is concerned what I say on here is opinion. I'll leave it at that.

I can't comment on the rig but I can assure you the property hasn't sold.

Come on Tamer for God sake.

2 weeks for results,

2-4 weeks to prepare a drill plan.

2-4 weeks to prepare access tracks and prepare drill pad.

Thats if they start now.

You need to learn how to read body language. In fact you need to learn how to read the room. That interview told us nothing, it was nothing more than a plea.

It's certainly deliberate Legal, only a month ago AJ stated September. Now, there could be good reasons for that we don't know. With regards to the SP, the actual spread has been overcooked all week and buys have been going through at 0.26 so the drop yesterday appeared dramatic but in actual fact wasn't. It's possible that with such a drop at this price it's triggered some panic selling however I do think somebody is dumping. I'll be honest, the only thing keeping me here right now is Panther and that latest conversion, you don't agree to a 50% reduction without good reason.

Where have I said there will be a placing Tamer? I've simply pointed out that one does not make an enquiry and not go through with it, by choice. Do I think there's been enquries made, yes and so does the market but my opinion is based on nothing than that, opinion. Luca is right, you're burying you head from the biggest and highly likely threat to investors.

There is no plan Legal, yesterday confirmed it and my guess is they don't have the cash to pay the contractor. Like I said, Haythorpe looked like a beaten man and AJ was clearly winging it like he's been doing for years. This is a ship without a rudder. The only slight positive here is Panther converting those shares at 0.62, they wouldn't have done that unless they were sure of a return.

Tamer, sunbeam. Let me tell you something about raising cash in the markets. You don't just "explore your options", the second you make make an enquiry aka "market soundings" or putting the feelers out, word spreads quickly. Haythorpe was a fund manager and he will know what repercussions making such an enquiry will have. If a company makes an enquiry it usually always goes through with the raise, it has to because the rot has already set in, just like we're seeing now.

Yep, I'm game.

Yawn Snip.

Jesus - it's behaving like it's about to go bust.

I don't believe they couldn't get one away, you can always get a placing away especially as they only really need to raise a few hundred K. It's likely they have some enquires and not gone through with it, the markets got wind and selling out. They're armatures and I'm surprised AH has dropped the ball.

Somebody turn the lights off.

I had to laugh at your post Mental, nailed it mate. Just think how Colin Braidwood feels, his £1m is now worth £150k.

It's safe to say that Hurricane isn't getting drill anytime soon. The interview appeared to be rushed out and contained nothing of any substance. AH looked like a guy under pressure and AJ still come's across as he's winging it. The points others are making on here are spot on, if this is so cheap then why aren't the BOD buying. Feels very much like a company limping along hoping for a miracle.

I haven't watched it yet but if this is indeed just an opportunity for the BOD to brainwashing us into buying more shares I won't be happy.