Member Info for deeko

I really feel the company shoul lol ok towards the main market, we're never going to get true valuation on AIM. I've seen more noise being made around these debt ridden companies, with zero material assets, zero cash and placing after placing. Meanwhile we have AXA and BP as major shareholders and the bb barely even reach 40 posts on the day a monumental industry shattering deal is made.

These are top of my head numbers... I've not double checked the RNS but they should be close enough

I think these valuations are crazy low... but this is AIM I suppose. I personally am looking forward to the R3 results, if all goes well, R1 and R2 are producing some 13k boepd and R3 will improve this significantly, BP wouldn't have drilled the well otherwise. The issues faced with complication of the well allows for the assumption that the reservoir pressure has been maintained in this zone. A fair evaluation then, will be 19-20k boepd from the Rhum field on successful intervention of R3, 4k from Bruce and 3k from Erskine giving SQZ 26-27k boepd. We then have Columbus which hopefully doesn't get put on the back burner and Rowallan in 2018. I'd be very disappointed if this isn't �2-�3 considering the combination of these successes will put us at almost 40,000 boepd...just behind Enquest in production volumes and zero debt, the company presentation gave volumes of 8k for rowelled and 4.5k for Columbus (may be wrong). I think 65p is a serious joke but we seen the same with Erskine, people knew the deal was coming but sat on the side lines just prior to the deal closing and missed the opportunity to get in dirt cheap

I've been very quiet here but what a day!!!! look forward to lifting of suspension. I expect over �1 btw, that puts us at about 270M Mcap with ZERO debt.

watching and waiting...

Shujja, I must say I'm going to certainly be loading up myself. I know saying things like this can be taken the wrong way but, I am hoping for a slight drop because I would like a fairly large holding for when things are looking up. The only thing I find uncomfortable is the fact the large investor here holds just under 90% of the company. I'd hate to buy it at 9p, things to start looking good in Syria and the company be bought out on the dirt cheap and end up losing money on the buy out. Anyone aware what the highest price the investor bought in at? Either way I feel it's a potential opportunity not to be missed. Does anyone know how the company stands with respect to a buy back of the shares added over the years when the field opens? Thanks

P.S any advice from the longer term holders is more than welcome. You obviously understand this one much more than me and I imagine you guys follow news on the Syrian conflict regularly (unlike me).

Just read through some more RNS's. Its a real shame what has gone on here. I imagine by the time the sanctions are lifted, the company will have far to many shares in issue for those buying in now! Will continue to monitor the share though because it has major potential if the BOD are careful with the cash and no further shares are issued.

When Eu sanctions are lifted (and its a big when), these guys will be back to producing 12,500 net bopd in Syria? with already further identified reservoirs within the block 26