Member Info for dunderhead

Yes "probably" CPerkin although I'd say just as "probably" the share price could continue to decline? If we are going to do an egm resolution what I'd like to see is justification of JB's pay increase plus of course within that context, what his previous employment package was for comparison purposes like....

Ah thanks the vagaries of woefully formatted free bb boards! I took it to mean that the zubs somehow had held things back wuth regard to farm out etc. At the end of the day we have no option at all not to accept this farm out arrangement imho of course. If every thing comes off as well then it aint too bad a position to be in either? Good night all.

CPerkin what's "down to the operators" please? I'm missing your point here?

Crusty not all the time in the videos he hasn't and not when talking verbally or informally to pi's post meetings etc. Listen mate hands down this isn't a p***ing contest I know far and away more than you about o&g investments so drop the silly remarks like that buddy! I just can't be bothered to argue with people who simply don't know their stuff (which I DON'T include as you!). At the end of the day I've got this 110% right but I still do think once the the egm done, either before or more likely during the 1qtr period all the other necessary legalities will crystallise. Zubs could do the dirty on Aex (in which case we are totally f'd) but why bother with the farm out work etc earlier this year? They would have just let Aex drown and grab the assets from them later this year, if they wanted to be that cutthroat? All said respectfully and imho. By the way to be clear circumstances have changed a little for me now which may mean I'll sell my shares at 40% loss as this could be potentially advantageous to me for other reasons but, I'll make that decision in new year. So don't want to be accused of having alternative agendas etc. Best of luck all and off out again now!

Crusty it was a perfectly legitimate question u were asking mate. I didn't mean you were 'arsey' challenging it lol!! It was a pov and a legitimate one as was mine! This is the problem we're bloody second guessing all the time!!

Sambo I totally agree 're JB. He simply shouldn't be anywhere near CEO title!! From my perspective he never even LOOKS well prepared when he does his video thingies but whenever he has made statements about kn1 etc or other operational matters he should ALWAYS ALWAYS caveated with the words SUBJECT TO GOVERNMENT APPROVALS!! This should have been repeated ad infinitum to the point it could almost be referred to as a joke. Two reasons 1. We as shareholders would have then understood that issue fully rather than inferred and 2. He could always add that he always included such caveats because the govt is in charge and Aex always respects this and likes to see this as a joint partnership bringing on stream national assets which fundamentally are owned by the people hence the govt always has final say on major operational and all strategic decisions. This would make the govt happy and may even help with their supposed good relationships. As ever all imho and dyor all. Right off now already spent too much time on here today lol!! I hand the Mic over to the Emporer to pooh pooh all of the above as he has all the relevant experience especially on "innovative" t.o.p. contracts!! Best of luck all.

Tovoc wtgr we don't know we have got "good assets". We have been told many many times we have by mgt but the mkt up until now clearly has not agreed. From my perspective we have to be at last chance saloon wrt the Irish assets. Corrib / Inishkea looks interesting but again there is (a lot of) other (similar quality) competition for capex around there? Saying that we cannot be in a better position with regard to Irish assets having a major at the point of (fully!?) signing contracts but because I personally do not have much faith in mgt I am still nervous until these do get signed. If it were such a banged on deal if I were Hugh I'd have bought more than 30k at the "bargain price" of 3p? Best of luck and as ever all in my humble opinion. We will know soon enough either way and could be really really exciting times ahead!

Of course they will but simply the case the deal will not be completed unless the licence extended ie not legally enforceable. This is just admin, get it out of the way and judging the time these incompetents have taken to arrive at this point why wait until / if the govt rubber stamps it, then have to wait a further 6 months for them to complete what a 4 to 6 week job?! I did say this b4 and was challenged by Crusty on a legal point but I don't think there is one really. How can we legally enforce a farm in if we don't have rights to produce or develop there? All imho of course!!

It is binary now Rudey. The farm down/out comes in we should double from here. If it fails who knows? It could already be in the price but I personally think we will suffer significantly further? I still have hope it will come off but am nervous at the time it appears to be now taking? All imho of course.

C Perkin I'm not sure they did blink first. This has taken an inordinate amount of time and they simply had to get things moving to justify their salaries and ...... simply to get things moving? I can't criticise them for this. I feel I can criticise them for all the other issues though and the strategic mess they are in imho? To be honest if we get dev plus licence this would start to warm up share price wise in the 1qtr 2019 anyway? This is at least heading in the right direction and cash wise we have absolutely no choice?! All imho and dyor of course.

Mather apologies where does it specifically state that assumption? Not being arsey in pub and do not have the circular on phone plus was wondering if this was specifically stated as such anywhere? Makes 100% sense but r there others as well? Ape man were you being ironic in your post 're Aex not being on aim? Did you not see my post at or around 10.11 this morning where I specifically pointed this out?

F me CP I think everyone realised about the drilling date as soon as the "expected circular date" shifted to November but simply weren't willing to admit it on the rampers bb. I really lol 're superior t.o.p. reference. So standard north sea practise as long as I can remember 25+ years is superior? Why do you bother bruv!?! We'd better be careful we dont get tied into a send or pay agreement after the kn1 debacle!! If I were the financiers of the pipeline this would be part of my tariff arrangements. To be honest today really is a case of "be careful what you wish for" because as far as I can gather (quick scan) it has merely crystallised all our combined worst case scenarios. What is the conditionality of this farm out? I've only very briefly scanned, can anyone clarify please? Excuse me for ignorange and taking into account opportunity cost of money invested can anyone see anything really good about this, except it guarantees a future (gravy train) for Aex? Who is being retained post farm out? I know I wouldn't feel comfortable having JB in charge? All imho and dyor of course.

Thanks gl found it all by myself at probably exactly the same time you posted! Nice bit of bedtime reading lol!

Ah got it now thanks.

Can someone pass over to uwe I assume Ape man was joking 're the aim remark or if he wasn't he really really is thick!! The irony is that is forgotten to filter Ape but will do so after I read his clever reply lol!! Also am in phone on restaurant so cannot copy the link CPerkin kindly put up. What section is it on web site because I cannot find this easily. Not interested at all on CPR but anything about licence renewal / issuance and development licence? Cheers all.

Of course he hasn't votich lol! I suppose we have got the rns today but if they don't put the circular up today I will be disappointed, me. Anyway here's hoping there will be a lot of clarifications in here and I ain't disappointed tomorrow. Ie worth the wait. Best of luck all!! Off for some Italiano!!

I know mather, why rns about circular being on website with more detail then not have it there to refer to? Shoddy as per...

Lol, I want to see the details? You'd have thought they could have updated us 're kn1 and licence extension grant in this rns as well?

Bg00 is it on the website?

Is it posted on the website then? I can't see it yet?