Member Info for Desmond45

I anticipate Mystic Mac (I googled the name as you suggested and it came up with a fraud case for a pump and dump LOL) will have disappeared in a week after his rampathon and a lot of confused naive punters will be left holding a rather expensive baby.

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My prediction - the current SFS horizon will be a duster with mainly frac fluid/water returned and perhaps minor amounts/traces of oil.

Attention will turn to the second flow test of SMD-B which will overrun and have to be postponed, citing it looks ‘encouraging’ and they will return next year. Lipstick comments will include solid pressure build up and trace oil proving a working hydrocarbon system is present etc etc

A few more cash raises to keep the gravy train going and go again next year.

Looks like another duster with no mention of oil to surface. Sure they’ll put some lipstick on it to ramp in the next cohort of gullible punters.

Looking more and more like a binary play here, although those with a longer term outlook could see many multiples provided fxpo doesn’t get the evraz treatment imo

Not looking good here for results if the SP is anything to go by, oh dear

7k BOPD is exceptional! AETs management really know how to improve these assets both operationally and environmentally as demonstrated over the last year. Not to mention the reserves replacement which has been achieved to date - so much running room in these assets.

Looking forward to final closure of Azule which is edging closer with the latest approvals, and clearly more deals in the pipeline! A steal at £87m mcap - Strong BUY

The RNS just reads like fluff. Nowhere near generating any sort of revenues

Cash is running low, negotiations will be from a position of weakness.

Some holders anticipating a miraculous buyout or licensing deal. This the AIM and the likelihood is a discounted placing imo. Target placing price 75p to give another 12 months runway I suspect.

UK O&G is finished. Labour are already talking of retrospective ‘proper’ windfall tax which will be backdated. SQZ has a long to way drop from here unfortunately - should’ve merged with Kistos when they had the chance but instead it seems MF has egg on his chin and ran away into the sunset.

Share consolidation incoming, more misery for long suffering shareholders!

Officially confirmed Afentra is now a money making machine. Lots to look forward to and a snip at £70m mcap. Congratulations to all holders it has been a long wait!

The happy clappers are quiet this morning.

Another 2.5 billion shares

Capital raising confirmed. More confetti shares and dilution for holders.

The begging bowl appears to be coming out right on schedule!

These sorts of RNSs are just pie in the sky stuff. Seen it a million times at VRS and DVRG.

Boom.boom - good chance of success of commercial flow rates? Whats the % CoS?

MW93 - There may be oil present but it’s a tight reservoir and very unlikely to flow in quantities high enough to render it commercial. There is a huge difference between a contingent resource and proven reserves my friend.

The flow test is almost certain to be another duster. The company has seemingly decided to pick up another set of jam tomorrow acreage in Namibia likely to let the merry go round of dilution for speculative drilling continue for another decade after they call time on Alaska after a disastrous few years. All long term holders here have been diluted to smithereens.

What an absolutely dreadful deal.