Member Info for dunderhead

Looks like the mkt love the deal. Well done Hugh at al.

Blimey O' Reilly. A bit quiet on here? Was it something I said?

Yes I suppose. At least they are in negotiations 're farm down so that is something however still to complete? Let's see what the mkt. thinks?

Morning all. Any news this morning? Correct me if wrong aren't we meant to be having egm at end of month? Drewkers any ideas buddy?

Is it Cairn or Statoil? I worry about last sentence and discount to mkt. plus no time lines 're farm out however hopefully mkt sees different and gives good opportunity for people on here who wanted to partake in Issue so good news for them? All imho of course.

Well there u have it. I suppose to strengthen negotiating position? Me I ain't impressed but hope the mkt is !!!!

BG I was being polite. Let me be clear I do not believe there were any alternatives available. Think about the deal which they ended up with and tell me what else was available? I am sure that time constraints, operator efficiency and expertise were also very much part of the decision making in this strategy. Perhaps realising that a ridiculous loan cost to get us to the next 'scratch around for more money' might break the final straw for the govts back prompted financing from zubs! Only industry respected, trusted, professional expert management like over at iog can get the kind of financing matey left for aex imho of course. At the end if the day if you cannot prove financing for ffd the govt have every right to refuse licence, don't forget. As ever all imho and DYOR bit am really interested to hear what financing options u think were available and let's chat about those.

Peakview I don't know if it was you I was conversing with previously but this is my point. There were more sellers than buyers b4 and now there are more buyers than sellers?! This stock is illiquid, mm's don't care about the stocks they trade and they are not market speculators! Anyway if it were u, let's just agree to disagree buddy. After all we are both on the same side lol!!

Lol lol. Blimey I nearly wet meself after that one. Didn't JB clearly say they'd looked at every alternative and there was none available? What he didnt say was this was because of the mess the bod (past and present) had created of course!! Best of luck all, dyor and most importantly all imho!!

Guys wtgr a little more tweaking around isn't going to bring in farm ins! This'll be what, the third 'additional' tweak?! This was why I was pretty crestfallen after first data room because as green as I thought Hugh et al were, I thought the geology was strong enough to justify such an early data room (ie we've bagged some licences (probably no one else wanted lol!), done a little work on it but because it was under the radar of all the biggies we've spotted something brilliant!) However realistically that doesn't seem to be the case now!! The only thing I can't understand is how much Hugh has personally invested in company? Of course when you're in love with the geology and have the ego to think you've spotted what the market hasn't, perhaps I'd do the same?! Either way here's hoping I'm wrong and as ever imho and dyor all !! Here's also hoping for some informal positive news 're last data room this week, after upcoming presentation? Best of luck all.

Exactly drewky you can look for all the excuses under the sun but this is the 3rd date they have not achieved - simple. This is solely the bod fault no one elses. They should have messaged differently. The 'guy' has always been in above his head. That was obvious from his c.v. so that is BH fault not really JB, as he obviously felt he had enough experience to warrant and get paid, for such a position. So don't feel sad or make excuses for the guy he is VERY well paid and should be able to handle pressure!! FFS it's not difficult, they should have agreed a consistent reply message to ALL requested PI information - regardless of how it is presented. This would of course not updated any unknown information (similar to your reply I assume) and caveated as such but, would have at least appeased the majority of unreplied e mail messages to pi's. All imho and dyor.

GL exactly thought so, so really want to be drilling April period next year at the latest?

GG mate, o don't want to pay over 30!! Famous last words!

Agree CP Robina. Surely mid - late ch1 spud next year will impact the supposed gas demand curves oft quoted in here? When's the next election? Be nice to have an abundance of gas for both industry and early stage private population in time for that?

KS relatively small and they'll never be trusted to take beyond appraisal plus nyuni years away and a lot of other gas in front of the queue? Plus unless 'mgt' changes negative 'mgt' 'premium' to be applied to the p/e's quoted? All imho of course. I can only surmise (very very dangerous) with Muppet central that no rns update because they have good evidence to expect govt sign off "imminently"?! Here's hoping (a lot of that word use lately) anyways! Best of luck all!

CP why on Earth do u think u can justify such ridiculously high pe multiples? It's all very well talking figures tell me why would U would pay that kind of price for aex shares?

Exactly and relatively small volumes to prompt thus rise? Could simply be a few people saw value at 27 to 28p but goid luck getting many. I still want to catch up with GG's 1.5mm!! Best of luck all.

Are they CP are they??!!.....

Let's hope these approvals don't take as long as the remediation of kn1 production??!!

Drewky you cannot have any further information than that which has been disseminated by the bod only through rns. Encouraging platitudes from CEO mean nothing at all at this juncture and I would never make any investment decisions based upon informal communications from CEO's etc. anyway! (Learned that from bitter experience many eons ago!) Best of luck all.