interesting move up today. oil being up 3-4% is helping but for me doesn't explain it, as we're about to see the highest volume day since we collapsed in April, and a 20% plus move up. Something's going on more broadly too. I get the impression there is a general rotation back into O&G stocks this week. New year and all that. Can't be certain but the whole sector is up a lot, and much of my portfolio is up double digit %.
Just seen the interview. Unbelievable y positive! TBH I can't believe he let so much slip, how many superlatives did he use? This is going up up up........and away imho.
Worth considering the mcap of aaog, alongside the contents of this RNS and what it suggests might be coming in the lower target, the upside here is huge. Talk of 12-13p is not based on reality. This has re-rate written all over it over the next few days. Long and strong....
Brent up near 8% now. Whoop whoop, good day tomorrow.
2bln bbls, lol. Do me a favour. This deal is an utter sell out and shocker for existing Panr PIs. Just when you thought nothing else can go wrong. Sounds like they’ve completely given up on our main licences, hardly any forward plan for them. Christ!
#clusterfcuk, well done Jay. Headless chicken
luckyman - are you Ericnat in disguise? You blow how and cold on SOU even more than he does. Assume you're trading the backside off this from reading into your posts?
Buggs, at the risk of sounding like a "know it all", there is zero correlation to or relevance of US HH NatGas prices to SOU, and I mean zero.
If you'd look on a map and understand global gas flows, you see that Morocco is connected to the European Continental Gas infrastructure. You'll also see by comparing HH and European Gas prices (use either TTF or NCG as good proxies for EU pricing) there is little price correlation between the two.
I suspect it's Daily Mailesque DYOR like yours that has probably got quite a few here into trouble.
BTW - European Gas pricing is actually UP today, not down, so your theory is well adn truly wrong I'm afraid. The SP weakness - closed over 7% lower again, 20% down in 4 days, is mostly company specific I'm afraid, especially today. Amazing how an exploration company can get its own shareholders so bearish and negative on its own stock that most here would prefer the company was not actually drilling a well, as we're all dreading the TD RNS. Quite an incredible state of affairs if one reflects on it.
Anyway, I was thinking about this earlier today, and reflecting on something an ex-colleague used to say - I paraphrase, but basically you do more of what you do well, and less of what you're bad at. If you apply this to SOU i think they should morph the company away from O&G exploration which we are clearly very very pizz poor at, and instead refocus on AIM Public Relations. Fact is, pretty much whenever they do a CC, FSC, Gherkin like event, the SP performs well for a short while, but whenever we drill and exploration well it absolutely tanks. See my point? There might just be life after SOU for JP and Co. yet, but not in the O&G space, that's for sure.
Can anyone find a worse performing share than this during 2018? It really is quite literally the dogs bollox, as opposed to metaphorically being the dogs bollox. What a sack of shyte this has become. Even laggard pizz poor shares in the O&G space are up a few percent today, where as this PoS is down 6%. F me. What an achievement JP. Well done.
Who’s talking about £1bn? As of this morning we’re valued at £140m mcap. You talk an investment decision based on that, nothing else matters. Is the horst plus seismic with potentially 4 failed drills worth more than that? I think it’s fairly obvious even to the most diehards here were not worth 80-90p if the next two drills fail, and yes we will be bent over a barrel as we’llhave little cash left in any negotiation phase. JP knows this, hence the very very high risk, high reward game he’s playing with other people’s money. Clever chap. What a pointless post.
Looks like drill leaks yet again. Unfortunately mkt doesn’t believe horst value I’d say and if, as likely, te10 is a duster, sp going down whatever. I’d say people not quite taken positions yet but reality dawning slowly. Don’t shoot the messenger, this is as good as it gets, remember?
what's your take on the mkt reaction this morning? the inconclusive nature of the RNS re flow rates etc I assume, or is there somethings else i'm missing that led to the two large sells? thx in advance.
Orangatan, A few things before I sign off. This is an anonymous bb, people can post what they want within the rules, even trolls like yourself. If you don’t like that, just filter those you disagree with rather than kidding yourself you’re trying to save the world or whatever complex you seem to have. This is a minor bb with rel few SHs. There are thousands of SHs in SOU, only a few post or read here, what’s posted here really has no impact on the SP in the scheme of things. If you step back, I’ve been critical and sceptical and I’ve been correct to be. This bb rules don’t state you have to be a naive happy clappy supporter of the co, so get over it. I’m never joining FB and I don’t need to join LinkedIn, in the industry I work in its all about deliver against targets, experience and personal contacts so FO and stop asking. Finally whenever I have inexperienced people in my team that struggle seeing the bigger picture, I ask them to take a breath step back and look at the big picture. I think a similar approach right now would be good for you as it would give you some perspective, and even a moment of enlightenment. Facts are I’ve been critical of the BoD and very concerned about lots of things to do with this business for months, and history shows I’ve been right, the sp has dropped about 70% in 3 months. All those blindly bullish Jp defending trolls have been proven to have had a completely incorrect take on this company. And now there’s you popping up from nowhere and banging on at me! Think you should be looking elsewhere I’m afraid, I’ve been right, and you and the others have been wrong, full stop.
Orsngatan, what have you ever posted of any value here? Absolutely nothing from your history? Your just like a keyboard warrior calling people trolls. What an utter loser. I research my investments I take my time I shared a lot with this bb whilst you were off posting under another login in name. Look back for example at the DD notes I shared with the board in the days following the DD. From memory loads ticked them up, no doubt lots of them are now the two faced pricks that now tick up your trolling posts all day long. I post what I see, I posted an NPV calc for the horst early on. Most on here don’t even know what NPV stands for. So don’t ***** away like some kind of eight year old on here. There’s no credibility to your supposition and even less between your ears by the looks of your posting history. The irony of getting called a troll by you when I’ve posted 100x more value on this bb than you is hilarious. Now get back in your box and try and think of other put down because your current line has zero credulity and the evidence shows otherwise.
Haha HT, you do make me laugh. Great value.
Why in you opinion would they drill te10 then JoeC if they don’t believe in it? Just to tick the box in our licence extension min work terms?
God grow up Orangatan. What a childish post. You state things you have no knowledge or proof of, as if it’s fact. Parallels I guess as to why you seem like a very poor investor. Couldn’t care less, your agenda is clear to me and increasingly clear to others I suspect, try and shut down debate, keep it positive, keep it never never, keep it hopeful. Oh my god! Stay around if you wish, what kind of human being thinks the way you do and tries to con people out of their money? Your behaviour is disgusting. See you Monday.
Kirk, this isn’t the Brexit debate where you can try and create imaginary divides between people in the racist manner you and your mates did in 2016. I’m here invested, I’m going to continue to post, good and bad. Get over it and use the filter ffs. If you can’t get your head around the fact I’m invested here I couldn’t care less, it makes less than no difference to me. I’m sure there are plenty out there that can see listening to my caution about this company as a shareholder would have served them much better than your rampy posts at the same time you were selling your shares at 89p to pay off your mortgage. So don’t you and Orangatan come into me about honesty, cowardice or misleading people. I suggest you look closer to home on that front. If there are specific special Sou bb rules about only posting once a day and only positively with no fact or evidence, then I most humbly apologise as I missed them. Your post is a joke (ref rollercoasters and playgrounds etc), and is an insult to investors here who have lost hard earned money, not owing to the nature of o&g exploration but due to the actions of the BoD and exec team. Orangatan, what? Found out, nothing. You just don’t like the message or posts as it hurts to think you’ve been duped. I get it. Filter me.
I won’t ever go away on the basis of posters like you Orangatan. I couldn’t give two hoots if your on Facebook or LinkedIn or whatever. This is your problem, alone, not mind or it seems most other people’s as I’ve never seen anyone else insist of that. I suggest you stick to Facebook if you can’t get your head around the fact everyone here in this bb is anonymous. You’ll see me Monday.
Orangatan, I can’t let that go. Your the conman and fraud here encouraging investors to buy. I’ve been sceptical and proven right. Who has lost them more money in the last 18 months, you and your ilk or listening to balanced sceptical posters? If they’d have listened to such views they’d have been far better off than being 60 or 80% down listening to the unsubstantiated rampy carp the likes of you and your mates post.