Member Info for fairdealer20

Coming from someone who has shown nothing but disdain towards the Chairman, that's a bit rich.
Thought you would be overjoyed to see that nasty man go!

Can't see L&G approving that!!

Could the problem be having accelerated a book build on the back of the discovery in 2017, the market will need some positive evidence to encourage new funding. Schroders were clearly impressed in October 2017 but....

The BOD have to re-build confidence which may happen once all data is compared and results announced in June.

The intention to expand into Producing assets has not materialised which will influence opinions.

All IMO.

A carefully worded RNS. The Co-venture will complete evaluation of all data of the Licence area including Cortina and then put forward plans for future exploration.

Mmm. Could be positive, could be a sting in the tail!

The SP will build providing the BOD act swiftly. Not sure how soon it will get back to levels you have mentioned. Much depends on positive news.

ajax not suggesting you sell right now, just identifying the strategy some Investors adopt. Like Schroders for instance.

I would not cash in and move elsewhere immediately unless a glaring opportunity arose. Better to keep the cash waiting even though deposit rates are practically zero.
It's a waiting game. Look at the times Rolls Royce have dipped and then retraced.

If you want high gains then you have too accept high risk.

ajax the problem is most when holding a profit convince themselves just a little bit more and so on. Then it dives and we want to retrace to the higher point. The knack is take the profit when it is there and not be in the position many of us are here. Real Professionals would take the loss and move on which does make sense.
Put it this way, would you continue to do a Job, which unless you are contractually bound, is losing money?

All down to discipline

Looks like West Pheonix is heading for maintenance or repairs.

Kenco in my experience once a company delists from London rarely come back. On one occasion a little like FRR, not an oiler, the Directors contrived between themselves to go Private, which screwed PI's as there was no market, consequently the BOD payed what they liked.

Notice of Accounts and AGM is due within the next 2 weeks.

The AGM is due 3rd week of May.

Shareholders do face a serious dilemma, the BOD should be acting swiftly to restore confidence lost these past couple of weeks.

With the advanced technical know-how, surveillance systems, the staff recently brought in, have questions to answer. That may be brutal, but successful businesses have to be at times. I may be criticised for such strong, and some may think unfair views, so be it.

ajax unless the proverbial Rabbit is pulled out of the Hat, having not, so far, acquired a producing asset, the increasing Oil price is making viable assets attractive to a growing number of companys, and JOG is being consistently outbid. The only way things will change is if the BOD raises the bar and, imo, current cash available creates limits. In any event is it good business to chase assets which are not going to provide shareholder value.

Have we(JOG) got all our eggs in just one basket??

Reviewing AB's interview with Malcy, unlikely to be more drilling this year.

Where this leaves the company's growth plans is a problem.

Looks like we have to wait another year.

Maybe WP has been spirited up by Aliens?

All very strange.

Motchjv thanks interesting reading.

Plugging can take 2days to a week depending on the number of plugs.

We are over the maximum and as Urraca suggests raises interesting questions.

With radio silence, what is going on.

If they are P&A anyone know how long that procedure takes?

GB heard it a lot on Carillion.

Exploration

Thanks, did know Algy is developing a Vineyard but not the winery side, a very therapeutic occupation in his retirement as well as everything else he does. Good luck too him.

Abatt ask over on the CLNR bb some there know the rules inside out!

Scooby.....yes did expect an effect, which goes to show the market have expected the change and the SP will likely move in the right direction.

Mark Lappin, knowing Centrica could well be an important factor...very positive.