Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
A very small few did VERY well out of this, as it was planned to be.....as per usual though, not the investors.
The BOD’s are not getting out yet ! Still plenty of corporate welfare pay & expenses cheques to be had here by those bunch of highly paid “experts”. Of course some have done VERY well out of all this but I doubt many frequenting these boards have been so lucky. You chaps must of known this was coming !
Red irons...You talk about self-serving to de-ramp the price but it happens both ways you know. This board has seen some diabolical ramping. Were you moaning then ? Why do you seek to demonise & brand posters who think its time to sell as trolls ? Honestly, you need to look elsewhere for the REAL TROLLS of igas.
“you have no right and indeed it is breaking financial services laws to advise anyone to do anything when you do not know their specific financial circumstances” Whilst I appreciate that one should not base their gambling strategy on anyone else's opinions. Posters can say what they like Redirons with regards to their opinion. Why else would there be Opinion drop down ? It is however once again laughable that you are concerned with “financial services laws” Did you not know that AIM is the wild west ? What Laws ? Start looking up, FFS PLEASE !
Anyone like the Quo ? https://www.youtube.com/watch?v=XB383WkXcqE
I hope you had a nice weekend. In reply to you comment (as pasted below)... “For the record for every comment you make on here to counteract your narrow mind I shall invest an extra grand into fracking companies” I like your style that is very philanthropic of you… Why only a grand ? You have devised a very “broad minded” genius investment strategy which knocks fundamentals into a cocked hat. Why don’t you drop an email to the BOD’s of those fracking companies to see if they want to join you. Maybe they will re mortgage their houses or cash in their pensions in order to participate in your genius investment strategy. You may have single handedly just saved the UK fracking industry ! Just in case you do fail though. I will be watching closely & may very well participate in a little “ethical investing” myself. Dead cat’s will bounce if they are dropped from high enough. As I said above, I like your style so for the record, heres my pledge… If I do have a punt & manage to be quick enough to get in & out with a profit I will donate it to anti-fracking campaigns. Blood donors please see the count… mmmmmwwwwahahahahahaha Happy Halloween all !!!
Hi Jcw2016 "Nothing John Snow,nothing." I am sorry I am not sure what your comment means. I have had a search on the internet & it seems it is from a fantasy novel or is it some US Hollywood dross called “Game of Thrones” either way sorry its not something I know anything about. I haven’t watched TEL LIE VISION for years & I certainly would not read fantasy novel’s.
Hi BRB1 “home grown energy security” well is that what you call it ? If it was truly about the security of energy of this country do you think anyone in their right mind would entrust that security to fraudulent AIM listed PLC’s run by a bunch of over paid jumped up ponces ? Come on think about it! We all know now what you paid to (invest !!!) in these motherfracakers £1.06 wasn’t it ? Which I guess means you are in balls deep. Correct me if I am wrong but dosn’t igas now have to be 10 bagger for you to break even. Good luck !
It's time you woke up BRB1 & stopped disrespecting those who fought for this country to prevent the likes of people with your mentality taking hold here... Read this....Definition of fascism a political system headed by a dictator in which the government controls business and labor and opposition is not permitted.
chashley1806 thanks so much for the info but the Telegraph is (along with all other main stream media) part of the same bull $hit brigade. Have you not noticed there are NO journalists left anymore ! Any journalist prepared to write the truth now would not be a journalist tomorrow, they would be flipping burgers if they were lucky. What we have today are in fact trained monkeys masquerading as journalists. If your looking for truth in western newspapers you will be looking a VERY long time. I can't be bothered to even start to answer your question re "ethical investor" because if you believe you have read any truth in the Telegraph then I can see I would be here a very long time try to explain this to you.
Once again, hats off the MM’s over past few days they have managed to suck a few more into the igas frack pipe at IMO vastly inflated prices. LOL Here’s a question for all you highly informed investors…has any of the BOD's taken a cut in pay here ? I think the BOD’s of AIM companies should only be paid if they deliver the goods. After all how many of you would get paid if you failed so miserably ? Of course that would never happen because IMHO most of these companies are set up to milk the punters DRY & eventually fail. Of course on the way everyone does very nicely except the shareholders. I believe most bought in here believing the bull $hit dished out by the many tommy tankers on boards like this. Talking of which, where have all of the rampers gone now LOL ?
“it is well-known that Saudi Arabia has been trying to bankrupt the US shale industry “ It is well known by whom ? Do you know this… British Prime Minister Theresa May has refused to withdraw her support for Saudi Arabia despite the regime’s atrocities in Yemen & by the way the same applies to the USA’s support for these frauds. Do you know why ? Let me explain...The Saudi’s are satrapies of the USA & the UK. In other words they do as their told by their Zio western puppet masters. Saudi Arabia hasn’t had an election since before the Beatles were heard of. The people in Saudi Arabia are held by the throat in a most unsavoury barbaric regime. Despite this, the UK & USA sells to the Saudi’s all the rubber bullets & tear gas et al, it needs to keep it's people held by the throat. Democracy anyone ? “The environmentalist campaigns are also a negative sentiment on the share price, insofar as it may influence local authority planning decisions. “... Don't worry about "The environmentalist campaigns" It seems now that any local authority has no say in fracking as the government will simply overturn the will of the local people. You need to look closer to home to discover the reason this companies share price is on it arse & I would suggest the BOD's would be a good starting point.
It looks like most of the companies on AIM have been set up to be a nice BIG cash cow for ALL concerned (except of course the shareholders). In fact, it is no coincidence that 90% of people loose 90% of their money funding these types of benefit scroungers. The BOD’s have done a great job here…LOL…Corporate welfare anyone ? I am sure the BOD’s of these types of companies will be laughing their jumped up poncing arses off come christmas when they are feasting on the handouts so kindly given by the mug punters. Wakey-wakey people is not time to start looking UP at who the real benefit scroungers are in this modern society of the walking dead.
Patience is the key.... I think we should just let them do the work... It appears to have switched from negative to positive… LOL The wild west that is AIM. A bunch of over paid ponces living off of the gullibility of gamblers masquerading as investors.
Stavanger-based Noreco says a new UK North Sea exploration well should spud in the next few days. Noreco indicated today that drilling will shortly commence on the Scotney prospect, operated by Suncor Energy. “After this, the next well on Noreco’s drilling program[me] is the Lupin well in Norway, operated by Statoil, which is currently expected to start drilling in March,” Noreco indicated in an operational update today. Also the company is currently involved as as partner in drilling the Ogna prospect well offshore Norway which is being operated by Lundin and which kicked off in January. Scotney, in UK licence P1658 covering Central North Sea block 20/5b is due to be drilled with the Awilco WilHunter semi-submersible, which was previously hit with operational and weather related delays while drilling the earlier Romeo prospect for operator Suncor. Scotney has been described as a four way dip closure Base Cretaceous Unconformity with a best estimate gross prospective resource of 57 million barrels of oil equivalent and the Scotney well is due to be drilled to a target total depth of 10,690 feet (3,259 metres). Suncor Energy UK holds 28.75% and operates the P.1658 licence. Its partners are Noreco with 43.75%, First Oil and Gas with 15 % and Trap Oil with 12.5 %.
http://www.offshore.no/international/news/article.aspx?Id=21428 GLA
Faroe keen to compete for North Sea oil assets... http://www.heraldscotland.com/business/company-news/faroe-keen-to-compete-for-north-sea-oil-assets.20178517
JKX Oil & Gas said Thursday that it has begun the hydrochloric acid treatment of three wells on the Koshekhablskoye Field in the Republic of Adygea, Russia. The firm said the aim of the programme is to enhance well productivity by improving conditions in the near wellbore and the removal of residual drilling solids in the open-hole sections. The work is expected to begin in the very near future and be completed within seven to 10 days. JKX Chief Executive, Dr Paul Davies, said only that the company is "pleased to have the hydrochloric acidisation programme underway" and is looking forward to having all three wells in production by mid-March. The acid treatment will use a total of 25 cubic metres of 15% hydrochloric acid solution together with inhibitors to regulate the rate of the reaction process. Pump pressure will be maintained well below the formation fracture pressure to ensure that the treatment is kept to the near well-bore area. The share price fell 2.12% to 57.75p by 14:57. NR
Your views may be right but Firestone do have options. Although the global diamond market is not great future supply is now being sort. I am sure you are aware of the recent agreement between DCP & Tiffany's. Also it is worth remembering the recent appointment of Julian Treger & his track record in M&A (see Google) "Julian Treger Western Coal". As the Liqhobong DFS has shown the project to be viable there are lots of twists & turns to come here. Also, Botswana is still an unknown. Worth holding a few of these in IMHO. GL
You invested here based on the info available to you at the time & no doubt not for altruistic reasons. I imagine you invested here with the original intention of making money. You took a view & decided that it looked like a decent investment. The fact that the FDI sp has fallen from a great height is obviously the result of things not having gone to plan. As if it had the price would be many times today's sp. I think to accuse people buying & posting in here as "poker players & roulette junkies" is a bit silly. Those that buy in here are doing so based on the current available info & price V's risk, probably just as you did when you first jumped in with your "considerable sum". I agree some of the recent news could have been more palatable & the global market is somewhat deflated but that is why the sp is where it is today. It is worth remembering not all the recent news from FDI has been negative. ii's have recently loaded up, much work has been done behind the scenes on the new tender facility & not forgetting the rare stones. Is FDI a decent recovery play ? Well that is for each & everyone who is thinking of jumping in here to decide. I still have a small holding here & am happy to have it. I do agree with alligin that the share options to directors at 8p is somewhat a slap in the face & more so for long term holders. Very good luck to you & everyone else.