Glad I held strong and didn't sell a single share despite all the rubbish being written by some on here.
All trolling now filtered out as suggested.
Tilapia is the only Licence that has access to the Djeno from onshore.
No wonder Miton has increased their holding.
Risk/Reward very good and the Market Cap should be a lot higher as we now know the oil is there.
Upside exploration too with the Vanji, again accessible from onshore.
Well done DS & JB
Great job and very happy with you both in charge of the company
I wonder whats in the Vjani?
Cant wait to find out
Great Interview, I liked some of the phrases such as:
Big Chinese Vendor
US OEM Vendor
Huge revenue
Better solution than Intel
Unique functionality
Excellent Patanted Technology
and then,
Target: Cash Flow Positive, 2nd Half 2020
and finally:
Trying to build value for the shareholders shareholders.
(David Levi's CEO share interest is 20.8% of the company so whats good for us as shareholders, is good for him)
We dont have to wait for 104 drill
We can go straight to the Djeno with a re-entry of the existing well 103 !!
I think the pull back recently has been from forced sellers.
Once these have cleared the share price will recover.
If the forced selling continues we just have to wait for positive cash flow.
So either way I think the share price will go up over the next few months.
Once in profit, the company could choose to do a share buy back or pay a dividend.
Maybe a dual listing.
Earnings are in foreign currency so this a good hedge against the pound dropping further.
Very interesting.
I couldn't get a live quote so had to put in an order.
I watched the video on utube "Ethernity's CEO David Levi speaks at MWC 2019 in Barcelona" from March 14th, only 108 views. Thats in over 3 months. Not many following this company at the moment, but that could change in a flash.
https://www.youtube.com/watch?v=GIQlY9w2_C8
Any news could generate substantial interest and we could easily get back to 50P or more.
Just seems very oversold. The patents and tech alone must be worth a lot more than the current Market Cap
Nice, Mike Read, CEO and Chairman buys 250,000 shares, shows confidence in the co.
Source of the oil collected is from the Djeno reservoir!
Oil collected has an API of 43. That is light oil, easy to extract, easy to transport and easy to refine.
Oil that everyone wants.
Super news and very exciting!
The 2019 Global Group UK Investor Show is set to be the biggest and best yet!
Queen Elizabeth II Centre in London
Exhibiting Companies: Falanx Group
Speaker: John Blamire - Falanx Group Ltd
Source: ukinvestorshow.
I wonder when AAOG will get another payment from SNPC. Could be next Monday 18th ??
Feb 18th: AAOG has received an initial cash payment of US$663,000 from SNPC, the first tranche of its share of TLP-103C drilling costs
Great reply from DS. Thanks for posting it, Strongman
I cant believe the share price either, it is beyond ridiculous.
So much potential here. I added more yesterday and the day before.
Risk/reward looks very good.
Just added more shares at 10p, lovely!
Also signed petition "Ban shorting of London AIM stocks."
https://petition.parliament.uk/petitions/242399
1828 signatures so far.
Yeh, I agee, I bought more yesterday and more today.
Absolute bargain at these prices.
I quess DS is talking American English billion. Either way, its a lot.
In British English, a billion used to be equivalent to a million million (i.e. 1,000,000,000,000), while in American English it has always equated to a thousand million (i.e. 1,000,000,000).