Member Info for dunderhead

Morning Tac. I certainly hope you're right but history shows EOG has been a constant disappointment since Hughie took over.
Much more importantly though, I am interested in Dreamy's ideas for new CEO.
Why on Earth make comments like.... I know of a potential CEO whose appointment could triple the share price then go quiet when asked who this may be?
Come on dreamy let's hear it for the boy?
Best of luck all and anything above imho plus as always dyor!

Good points actually and whilst I have no idea whatsoever if true it does prompt the interesting debate about how pi's "value" assets and how the market does. We talk about potential derisory offer but at the end of the day if that is all there is, that simply is the mkt valuation and it isn't derisory- it is what it is.
There is a funny little story about a company called PCI where the "management" seemed to over value their respective assets compared to what the "market" was telling them. They ended up getting kicked out, in my opinion, in a somewhat humiliating manner when the "market" allowed what "some" saw as an opportunistic approach to succeed.
There is the other side of business appraisal as well, internally within companies, where the potentially "harder faced" BD guys have to rein in the "more romantic" g&g'ers who sometimes have a different view of "asset values" abdctgere can sometimes be "internal fall outs" about that as well.
It's a funny old world isn't it? Interested in any other povs whilst we stomach gaze and speculate, waiting for something (anything) value adding to shareholders to happen!!
All imho and as ever dyor.

"Business as usual".
I f'ing hope notTac.
Or are you happy for another 8 years of confetti and share price depreciation.
Hopefully that's why there has been "mgt" change?

Personally I doubt the farm down would triple the share price after what Hughie "confetti man" issued before, so I am really excited to hear this name. Such remarks bring back memories of "Jussy share price predictions and similar optimistic timelines!". I remember those halcyon days so fondly.

Dreamy come on share with us who you think could triple the share price upon their respective appointment. Genuinely interested.

Totally agree I don't like the talk constantly of core project when we r awaiting Harvey update. I lost confidence in this "mgt" team a long time ago with the chap from army? Forgotten his handle but I assume probably correctly sold in the early 20's.
I can remember Fiona staying absolutely no more dilution. Well whilst certainly not material, what are all these options and "shares for salary" swaps then?! Fs sake.
All imho and dyor.

Thank you for sharing that A.
I sincerely hope your confidence in Hughie is well placed / founded as wtgr he has been saying the same for over a year now when informally they expected this all to be done about 8 months ago imho. Perhaps this was what hastened his departure as even company insiders were calling for delivery? It's a pretty simple arrangement for well contingency to be included in any farm down agreement so all all this political uncertainty "crap" just doesn't swing, again imho.
Best of luck all.

Ah that's a shame because if he isn't there it "feels" like he has been erased and that would worry me. Let's hope you're wrong in that assumption because as above I would infer very negatively from that, plus he should take some flack for the potential mess he has created and lastly you could look him in the eye to see whether he was bull****ting you with replies regarding Ireland and mire specifically Inishkea.
I am hoping it was simply politics and Inishkea will magically get solved following his "removal" or am I just a Hollywood romantic?!
Best of luck all.

Antony have u had confirmation Hughie actually will be there?

hI Tac. No I personally dont think I need to, as I feel I'd have to give long way to find an "investment adviser" better positioned than me with regard to o&g investment advice. I stick to the sectors I know, fully understand my own risk profiles and take full responsibility for any errors I may make and yes there have been some howlers.
What I don't do is read anonymous bbs and expect the posts to be accurate or of any real worth or rely on anything posted on them.

Well Rob may I suggest you ask a professionally qualified financial adviser rather than rely on anonymous posters on a free bb. That would probably be better do you not think?

Yes I havnae seen dreamon post in here today either?

Yep and that's what worries me. Lol.

It often happens but normally slightly later in asset cycle. Ie post exploration well success to development stage simply because they know every one and everything about the asset so it eases transition to acquiring company. Imho of course.

I've got to admit I've never seen the same before unless handing over now and transitional period?
Maybe just poorly worded and he is staying on in contractual capacity to handover to new candidate? Maybe Simon or some other is already agreed but they have to go to market for new position? We will find out soon lol.
Could easily happen he transfers to major if there is a farm out. Seen that a lot of times.
I just hope this is linked to imminent deal and NOT "mgt team" finding out (just now) its been an almighty f up.
All imho and dyor.

Ah ok just thought they may have been a punter from about 20 years ago that I "knew".
Anyways let's hooe in some bizarre way this was a "political " move and that this could lead to farm out of Inishkea now being wrapped up in few months because farminee preferred different boss in charge? There is only one particular "way" I could see that being the case.
As ever all imho and dyor folks.
Best of luck all.

Doubt he will sell as they are virtually worthless now anyway. But then again doubt he needs the money either way anyway so what the hell eh?
IMHO of course.

Pardon Tac do you mind explaining that comment better?

"Raven" do I "know" you?!

How can they get better? If Inishkea doesn't get farmed out what a complete waste of time and money the last 8 years has been. I'm sure he's a good g&g man but boy he was given way way too much rope and others should be accountable for that "strategy" as well, such as FD / chairman?
To be honest this scenario was forecast and posted on here as worst case by me when the other two arrived?
Perhaps this is the price for an inishkea farm out but cannot see that being the case because the new operator will not give a pooh who is in charge of EOG post (potential) farm down?
All imho and dyor of course.
Best of luck all.