People get frustrated very easily these days and want returns within days. The reason why they went to the market for money is because there strategy changed once they knew how good 16az was and wanted to do essentially a land grab. No hidden agendas here just negative spin, unless it's gifted wrapped then forget it.
Going forward I'd advise PH not to do any more interviews because they just pander to the doom-mongers. He can't win IMO.
What I find bizarre is that we've discovered vast quantities of oil and gas and our market cap is circa £46M - MATD on other hand has discovered nowt as of yet and their mcap stands at £55M. I suspect that we're grossly undervalued. When this goes it will fly. GLA all LTH
It's the perfect opportunity to top up, market forces are what we're seeing people getting frustrated by lack of news. If you can afford to buy then do so, looks like L2 is improving I'd image people will want to be in before next week.
It's so sensitive to price movements that I've always said if I can add below 30 then I will, news is due very soon and I want to be in with as big a holding as I can. Any update of a big boy deal then this will rocket overnight and I me rocket.
It's all in this interview, cash is king that's why the IIs came on board, ramp up production, investors don't take risks on exploration they want production of assets and revenue streams, this is and is going to be a fantastic company.
They've got loads going on - exciting new prospects in phase three. Bring it all on guys...
If it drops again I will be selling other stock to add!
What you need to realise is that the sp doesn’t reflect the value of our assets - whether it’s 40/50/60 Brent block will still making money. Plus the gas. I’m not bothered what Aim thinks I’m interested in what the IIs thought when they invested £12M.