Member Info for dunderhead

You don't need to know anything else regarding "other" assets IMHO, because, without Southwark A2 you have a higher risk Blythe well, which may or may not "work" which will probably utilise a fair amount of excess cash. Then what will happen with S1? Then assuming Southwark assets per se has to be written down, "investors" will be concerned about their G&G "model" which to date has significantly under-performed on all assets especially Southwark? Then the spectre of bond needing to be paid arrives and boy they will want their pound of flesh.
Of course Southwark could come in as initially prognosed but what chance of that is there now?
The good news of course is that the LTIPs will hopefully never be able to crystallise and share-holders will no longer tolerate any further heavily discounted ones!!
I would imagine if Southwark does not come in, the share-holders will not be too happy with "management" at all really?!
So there you have it - a LOT hinges on Southwark - you takes your bets ladies and gentlemen!!
All IMHO, DYOR.

Absolutely agree W69 - also I personally think a false market must have existed when the satellite photos became effectively "public"? Why was an update RNS not produced then?
There's something smelly in Denmark methinks?
As ever all IMHO, DYOR folks.

Concur but just because you can potentially isolate the water, (here's hoping only one interval) that doesn't automatically equate to gas flowing?
I think it's potentially (there's that word again!) going to be a very bumpy ride ahead over the next few weeks.
The share could go up very fast but I think there will be a lot of seller's into this.
At this stage any II purchases / industry investments are going to have a very high risk strategy.
All IMHO and dyor!!

Yes methinks the same - they are selling into hope for a bounce - which may well come when seller eventually stops.
If the smallies stopped for a little I think maybe we'd see ASK price rise a little to entice more buyers, FOMO, then get clipped for the large seller?
Absolutely all IMHO and DYOR.

Agree totally SWLC significantly in excess of 10p I'd say - but genuinely what is the chance of this now?

Bladderman respectfully - do you have any idea how much cash IOG has now though?

I think I'm taking the first prize for spotting the "management" are a bunch of numpties - except possibly for the new guy.
Anyone else care to make claim?
All IMHO, DYOR.

My gf was earlier if that helps?

Sorry hasten to add @ 7.75p

I can easily buy 100k at the moment? not that I'd want to anymore?!

Watty absolutely with the greatest of respect as you're talking about a mate but I'm not sure the IOG "management" have a clue about anything at the moment so I'd be pretty surprised if your mate did? Really very disappointed but shouldn't be surprised. Anyone care to proffer why no DD buys now? Will this be limited period - nit sure why as everything out in the "open"?

Hi Watty you're not getting confused to when they run the explosives are you, as there's always radio silence then? Will you let us know when you purchase the shares matey as interested in your purchase price?

Christ you cant tell a thing about the buys and sells column as one of my deals today was referenced on here as two big buys but was actually a but and sell. I'm with Citizen on this one - if there was any other good news it would have been mentioned today - unless they want to get the kitchen sink in again - for more positive newsflow ahead?! Sadly I'm losing complete patience and don't expect to be here for that much longer - large collective sigh of relief!!
Also am very disappointed that probably a lot of people got caught up buying for first time / averaging down when the satellite pictures came out - and cannot understand why the company did not RNS on the Monday - what value was added by waiting this extra couple of days?
The real laugh is - I was accused of being an IOG ramper (who had all his messages recorded and I was being tracked and watched now, ahem!!) by one of the de-ramper idiots (avatar created today etc) that turns up at times like this!! That actually p***ed me off as I feel I was probably the ADV thread- de-ramper lol!!
Anyway best of luck all and here's hoping for some share price improvement but I cannae see this without director buys I am afraid - which appears to be the only positive news on the horizon?! As ever all IMHO, DYOR folks.

Ah Moho - yes I remember that - actually having to go to market to buy the "missing" product - but I remember thinking at the time - the lender took a big risk by loaning against effectively only one producing cash-flow asset and there was no "fall-back" for them which I thought was pretty risky as well? Them were the days!

Moho remember it (sort of!) well (probably Dementia Pugilistica affecting me)! - great lesson in how not to forward sell oil!
But from memory was that not part of access to debt though to "guarantee" repayment or, am I getting confused with other deals I've been privy to?

I know mate - lol! I think that's why I took such umbrage to the twat - I'd never normally dignify a response to idiots like that!!

Scored absolutely respectfully this is not going to hurt me financially and is part of a balanced portfolio - I am very lucky in that respect and always follow the adage - don't "invest" (lol where IOG is concerned) what you can't afford to lose.
What gets my goat is that on these bbs any dissent just gets shouted down or pooh poohed - and when such a positive mind-set exists people are "surprised" when the "s h i t" hits the fan.
I should have walked ages ago (and to be honest have traded in and out) when - and I know I keep on harping on about it - the "management" here dismissed the likes of AA and his team at RRE for possible discussions. The joke is - the "management" team here had already lost a fortune for investors and AA and his team earned a fortune for their equivalent - so who on Earth were they to act so disdainfully as obviously the team at RRE knew what they were doing and have proved at KIST now they are excellent operators?!
Let's see if there are any director buys over the next couple of days as this will be "telling"?
All IMHO, DYOR.

IMHO, the mis-leading element occurred when the satellite pictures emerged.
The company should have acted upon this as this did create a false market, IMHO.
The price certainly strengthened from around the 8th or 9th December. Was that just a coincidence? Or, people surely inferred from this that things were going well and bought in?
Newall was just talking up what he knew at the time about the well.
I can't help meself but in response to all the recent posters taking the p*** out of me with Buffett remarks - I'd be interested to hear how impressed BH are at the moment, lol!!

All IMHO, DYOR.

K3VMC - I don't disagree but from my perspective the risks are significantly higher here now than "before"!
Director buying would be a great indicator, IMHO.

As I say poorinvester - be prepared to lose everything as if this does not go too well - it will effectively become a "zombie" producer.
However at or around this price is very cheap for the potential upside - I am a likely seller though over next few days weeks (but I always bloody say that, lol!) whilst this initial knee-jerk reaction works itself out as just lost faith in "management" here. The new Ops guy seems very good but he has inherited a pile of pooh operationally and shame on previous "management" for letting it get this way - and it will take him good time to get this turned around.
I am sure it will survive but not got much visibility regarding debt repayment so you takes your bets!!
As ever all IMHO, DYOR!