I agree it's about the people running the company nailing the deals. The assets we have in Ireland are great, but you need a good salesman and a great P.R. team to sell the 'products'. We will get there one day, but the time that has past without drilling a hole is unbelievable and not surprise the share price is so low. I've been in for nearly 10 years now and think I have only seen one drill and that was by another company. I totally understand going for these big drills in Ireland and elsewhere, but we need 'near time' drilling, and finding oil and gas, to get funds for these surveys on deep drills in the oceans. Shareholders require short term value as well as seeing the bigger picture for the company. Wressel is on its way so that should help, but still 9 months away from making money from it, if all goes well. AIMHO and all that and good luck everyone :-)
Massive overreaction this morning, but made me do something I said to myself not to do again and that was to buy more shares. Going to be a very interesting 12 months from now, but never been in a share where everything that can go wrong has. EOG will be my last AIM unless EOG goes boom. Good luck all holders and AIMHO as always.
Must say miss the RNS for diamond finds. It take the PR about the company done to nearly zero as the diamond find is not published anyway except the website. Think it’s lazy, and if it a cut costing exercise, I think they should be looking elsewhere to give back some ‘shareholder value’. Not really impressed and getting frustrated now with the lack of progress and getting no dividend. AIMHO and all that :-)
Well Dunerhead, I more than happy with this RNS because it opens up another area with massive rewards if it comes good. Companies like EOG have to sign new licences like this to develop. It's all a waiting game and I know we have been waiting a while, but it is all coming together. Maybe the morocco drill could be part-funded ourselves if we get success in Ireland next year... We can always dream. AIMHO and all that and good luck all holders.
I’m invested in EOG for the last 8 years (roughly) because of what this company could do in the future. AIM is risky, but if you look into this company enough and know everything about them they are ticking the right boxes for me. It’s just a waiting game now, Some ‘traders’ want to take 33% rise and can’t blame them... I want and hope to get 10 fold in the near future from my 4.25p average. AIMHO and all that and good luck everyone :-)
After reading the whole report I feel upbeat about EOG. 2020 looks like it will be a make or break year for us, and the signs are looking good. Only time will tell, but there was some about of info (nothing new really) within the report and was good seeing it all together. Onwards and upwards hopefully. AIMHO :-)
RE: Will we ever see a good rise here?11 Apr 2019 21:54
This is why companies like GEMD should always give dividends when they have a good year. Still don’t know where all the money went to and this is the issue. And I don’t see why it would change for next year as good chance they’re not going to beat 2018 figures. You have to ask yourself what a 3p dividend costs for 138m shares... about half of the value of the diamond they sold last week. AIMHO :-)
I just think it’s really bad management. To have a ‘record’ year and not give us investors anything back is unforgivable in my eyes. It’s been a long 8 years for me and think it’s coming to an end for me. AIMHO.
We all hope the news is soon, but people looking at a 7am RNS I’m not to sure. It will happen during the day because as soon as EOG knows we will maybe. Could even be known before we have a clue as the third party may just release it US time and this share will be soaring before we have a clue. Good old AIM lol.. Anyway happy days and canny wait. AIMHO as alway :-)
People moan when we get no news and then moan when we get news. I enjoyed reading the RNS this morning and reminds me why I have been with this share for 8 years. We could be only 15 months away before a three drill campaign starts and that could be the minimum we’re looking at. Looking forward to the rush in here for shares :-) AIMHO
Ok dunderhead... be positive with a 15% increase late on a Friday and hopefully good news on Monday. We all have doubts, but please keep them to yourself for once when this is rising and could be very good news... Boom on Monday at 7am hopefully :-)
Yes, very disappointed and can’t see a dividend this year. Unless they sell the other mine. If they don’t do a dividend I can see this going back to 2017 levels as we get nothing back for the money we have invested. Think they just ‘reinvest’ the money they make, but doesn’t help out us ‘poor’ shareholders. Will stick with GEMD, but they do have to show us that we matter to them too :-) AIMHO