Member Info for dougb189

A Pi who’s found a greener patch of grass.
Or perhaps a full moon.

Trying to clarify what constitutes the ‘Forward’ metrics in the PE ratio, to determine if this was what AM was aiming at when he used ‘plateau over 7 years’ in his equations.

Googling Forward PE’s then eventually leads to Middle East investors, the link being that any forward PE has then reduced the initial associated debt, with a 33% debt to mc value, being the magic figure. At which point, Islamic investors may partake i.a.w their modern interpretations..

COPL being well below 33% debt when a fundamental Nav10 mc is used, of £176M, then seems to point the way to a Forward PE being utilised in the re-list equations.

Lol, twa auld barking-mad dawgs,
The only thing missing, is a picture of the moon.

Lol, IF one is still allowed to engage said quantum neep,
Then thinking that there will initially be two ‘extremes’ in the re-list,
That the mm’s first allow the Pi’s to drag it down,
That as seen on here, the LLTH’s will again shoot themselves in the foot,
And that then there is a positive rapport as the ii’s slowly get onboard.

Of course neither side will get a foot in, If the fleet of news buses suddenly arrive.
But.. Without too many buses arriving all at once,
Would perhaps suggest that the posting of excessively high calculations
has played a part in keeping the LLTHs negativity permanently fermented.
We know :
(a) the values of the various PE’s from 17 thru to 33,
(b) the values of the projected oil plateau figures 7000bopd, being c.4000 @58%
(c) how long these projected figures are expected to last for being c.7 years.
(d) We know what the current WTI is stabilised at.. c.$60
Shouldn’t be toooo difficult then to come up with a more reasonable approximation for sp and in so doing then perhaps keeping everybody around the bb happy...

Lol,
but as seen with his grey matter (his quantum neep)
there is still life in the auld dawg yet,
Those 2a.m. sudden flashes of inspiration,
those eureka light-bulb moments,
Those quantum jumps in radicle thinking
may indeed have drifted off..
But he’s still more than appily waiting
To get his free pass on that no.11 bus.

.... trying to decipher all those long Jackanorys. Lol.

Would agree that any removal of posts is a dangerous precedent and is not helped by the lack of clarity from LSE.

I would not assume though that there is ‘a select few’ who coordinated the removal of the rather toxic post of late last night’s whine-o’clock, as I suspect it was LSE who then saw it’s removal. It was rather toxic in its suggestion that there was nothing of value being posted & that only those who could post ‘entertaining’ should be allowed to contribute. You can then easily go back 48hrs and also see that some of the alleged ‘select few posters’ have had their posts also removed. Again i suspect it was done by LSE as the poetic ramblings were perhaps not in line with their core value of posting “...$$$$’s...” and it was actually pretty carp with its hidden digs at XLL LTH’s & the values of patience.

I suspect mum, that I’ll be joy-riding when h4b’s predicted ‘should have a bus queue of news flowing’ comes up my street xx

Lol, but can we catch the No.11 from FOSTER via PIB street via the National Assembly and then get to Utopia, on a oap’s bus pass ??

Nice work bud & well done.
Much Appreciated.

Would agree that there appears to be a substantial arsenal available for AM to use, the best part of $49M previously calculated which could then be brought in & which was only inclusive of Dec.1st till May.1st revenues.
Retain the $2M float required by insurance plus $8M operating costs (on top of the already allocated $9M working capital to SWP) and it is still c$40M floating around in future credit (IOU + warrants + loan offer).

Converting that future credit to immediate finance for an alleged ‘3rd project’, may then see AM approaching the banks again, perhaps quicker than previously thought..

& surely no one will bat an eyelid IF further dilution was also sought, say to buy out a partner, recently removed from the NYSE but wishing to keep a WI stake in Wyoming.

*2008

AM will be laughing at all the conspiracy theories.
Lol. Way tooo many costas.

Everyone concedes that AM had a twinkle in his eye,
yet he then raises, without prompting, a reference to 2018
And at which point, there is then a wee guilty look in the eye
As if he was contemplating going back in again...
Lol, but only just saying.. ‘might be going back in heavy’
which we know is not the case with the Atomic finances
As us shareholders have carried most of that.

Hi Tiburn, the delay plays well, with several fronts opening & a good build up of news being banked.

Was more captivated on AM addressing the ‘2008 banking event’ where he seemed to stumble slightly. We know he got severely bitten by it.. the RBS had the cheque for £1B ready to be handed over, against the development of the 7 licences thar AM had been awarded by uk.gov in the north sea, when Fanny Mae then opened the door.

We know he has covered Atomic covered, he successfully got the shareholders to pay for it & so I’m kinda half expecting Another deal to be dropped, which again puts him vulnerable to the bankers...

AM will know that all the respected analysts, inc.Goldman Sachs, are forecasting a high price for WTI this year, which imv suggests he may opt for that ‘3rd project’ & so again contemplate taking the bull by the horns where he once more exposes himself to the bankers.

Is the wee bit in the interview where he seems to acknowledge previous bank crisis but yet AOG is neatly covered & there are then further options briefly aired (inclusive of dividends) but for me, was hinting of another ‘riskier’ project. OPL226+ ?!

Hi Groover, in the absence of h4b
then there’s nowt to be toooo concerned about.
RNS was only stating there’s another 1 month delay.
The bb reckons it’s partly to do with sussing out Atomic’s audit figures
& a wee bit to do with AM wishing to wait on decent flow rates
& possible further news
& shooting lots of ducks.
Dilution was raised as a possible reason for delay,
but was then decreed as a non-duck event.
I hope that’s clear bud, normal service will be resumed when h4b resurfaces.

CH:
‘..The consolidation is a question I get quite often. There is a good time and a bad time to do consolidations and certainly management and the Board are aware of the eventual need to do so. Once Atomic is up and running, producing and providing a lot of exciting news is the time to consider this. If I am not mistaken, the consolidation would have to go to shareholders for a vote at an AGM or a Special Meeting.....

I agree that the spreads are enormous on the Canadian trading platform however the shares are fungible on both exchanges so Canadians can buy and sell on London too..”

AM will aim for AOG up and running first.

I suspect that their huge incremental gaps in sp then requires serious discipline to play the game well.
Lol, guessing that over here, we would all be doomed.

PB was the star player.
Was quite amazed though when after the 1st Icewine drill everyone started singing of a ‘10p party’ but my target figure was just over 3p & was then achieved quickly (after accumulating over 6 months).
Lol..Blowing 10% on a 100k jag quickly saw that purchase being reduced to £65k, which was the insurance cheque for a total write-off, after i took it dancing across some black-ice & through the trees.

With 88 the sentiment also includes a strong following for DW & PB(RIP). PB was the ex ‘black-ops’ who shunned conventional thinking & was accredited with finding shale in Texas..’Texas was previously described as being similar to a dart board with the enormous amount of drills that had already pierced the ground..’ but PB then went looking for the sources of all those puddles of oil, ie the ‘streams of oil’ that led to those puddles. And succeeded.

AM’s story will be what then catapults this.

Lol, but when stuck on a month on & a month off rotation, then occasionally reading, just occasionally pays off, Joey.

Most peeps failing to see the Canada game
inclusive of joey with his then revised target price of 0.8p
‘..As the buying price of CAD 0.075 (c.0.82p) was what the Canadian market evaluated COPL..’
Which is a wee bit short-sighted.

The game there requires that if you are buying at say CAD 0.1 (1.12p) then that is on a bet that requires you to then sell at the next increment CAD 0.125 (1.40p) and to be able to do that, your buyer at 1.40p has to believe they can sell at 1.68p.

The mc is not reflected in the Canadian sp, it is an integral function of the next 2 increments.

The fact that some stock has been sold in Canada at CAD 0.1 tells you that some players there believe the mc will be realised between 1.40p and approaching 1.68p
The lower the number of CAD 0.1 players points closer to 1.4p
The higher the number of CAD 0.1 players & the closer to 1.68p we become.

(Throwing these numbers out on iPhone so need verifying,
But the underlying principle, is that their players are 2 increments on the low side).

Buffets will be AM’s domain; a share in the Bonga is a share at the top table. A certified Nig.gov strategic asset. Would get him direct access to quite a few duck ponds. Most majors though now slowly off-loading. Becoming a difficult game at the high levels, when their margins then slowly get cut back v corporate responsibilities for greener juice.