Member Info for Finwittrader

Shouston he was certainly blocked entry into the AGM last year.

Ok Fastfood I will play....

Here is your maths:

My 5000bopd break even calculation is based on current oil price $70 per barrel.

Should oil get back to the 80’s then 1700 could / should achieve breakeven.

$70 x 5000 x 30 = $10.5m

$80 x 1700 x 30 = $4.08m

or $70 x 2000 x 30 = $4.2m

Or are you thinking in terms of net profit per barrel in which please show the workings where it goes from 1700 barrels per day break even to 5000 per day?

Fastfood is back on a new troll approach.

3 months predictions of bankruptcy that never happened. Now it’s 5000 barrels per day to break even when not long ago it was calculated at around 1700-1800 when the hedge was lifted.

Now he has us buying Lamborghini branded horizontal rigs at twice the price of everyone else’s.

Apparently he might be wrong and you don’t have to agree with him :)

Buy backs will most definitely be from bond holders first as it removes the interest element from the bond deal (albeit they have certain guarantees on return).

It’s all about production- anything else is just noise.

So does nobody know what Arts current share holding is or is that an inconvenient question?

How many shares does Art currently hold?

I’m not here to long on this one Shouston so I won’t ramp or deramp. I’m purely trading where I can.

It’s a shame others aren’t quite as honest about that.

As i keep stressing. You can see people like Stas and Fastfood who are short as it’s a constant attack on the company.

I can see people like Easy and Shaa are long as they’re in to see the success and will promote the positives.

It’s the weirdos that say they’re long and destroy their own chance of recovery that I’m at a loss to understand.

Each to their own.

Fine. Moan away boys.

Nothing like a good sentiment killing whine to help encourage others.

Ever thought of shorting this? You can moan until your hearts content and then find your financial woes have improved.

Or stay long invested and discourage anyone to buy in and drive real holders like Matt away and reach your final goal of woe induced obliteration

It’s doing well not going bankrupt isn’t it. According to you lot and the conman in Wales you’ve had this on a death spiral for 6 months or more.

When’s it going under and why the heck have you not bailed out yet?

You must all have decided it’s going to be a success but don’t want to be the kid that’s getting laughed at for learning piano at school only to see he’s got a Tv show in 10 years and a stunning actress wife?

Either sell up and stop whining or just say I’m disappointed it’s not a success yet but it will be and that why I’m here.

What a bunch of bed wetting sheep you all are.

That’s another 1m bond shares cleared off in one go. Plus a few more 250k / 500ks yesterday.

Slowly churning through the latest batch. Could do with a nice couple of volume days and then I’ll let those like Prophetus who haven’t bought in yet drag it down for my next buy after the spike sale

Whoever not however

Morning bedwetters! Thank you very much for your assistance there in getting my sub 5p buy. Had to split across 2 orders but welcome all the same.

However offloaded them at that price wants their bumps reading

Ahhh ok. Yet many have no faith at all in the CEO and board and still hold? Why would you do that?

I’d say ramping a share that has collapsed 90% is foolish and naive

I’d say trolling or de ramping a share that you own is being a liar as no one would do that unless you’re shorting or need a lower price to buy in (and therefore not a holder)

Think we know who is who on this board. Fools or liars?

Really……?

Can you now post some more de ramps for me please?

Didn’t they throw you out of the last AGM Trujack for making a bell end of yourself?

Careful Rodney. That post doesn’t help me or Stas get a lower price. Please keep it negative for a day or two.

There’s only around 10% running shorts right now so we need a good push of bed wetters and liars on here if you don’t mind. Get us a nice sub 5p

Fastfood. Can you please start your campaign that we will be in administration in x weeks. You played that well in Feb, March and April.

Don’t tell me you’ve changed your mind now and think it’s an actual going concern now?

Evening Antha. Thank you for that little positional post!

“if the 1000 to 1 consolidation does go ahead all LTH's will be totally wiped out and the company will effectively be handed to the city big boys, I always thought it would go private one day.”

So armed with such foresight you will have of course sold already. Who would hold a company that’s going private and weeks away from decimation?

I was potentially caught out by that early BH cash in today (ahead of normal announce dates) fortunately I got a trade off and now wait for a nice entry price back in once you’ve done your bit for me :)

First 500k sale has gone through.

This mornings trading has confused the MMs slightly. They’ve dropped the bid to 5p expecting the flood of sells to supplement the JBER bond shares, yet it’s not transpired yet so they’ve shoved the ask at 5.5p