George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Always going to be an issue moving up quickly with 445m shares out there. It’s a shame as before all the share issues this share was a really good prospect with just UK oil. That’s why Ireland FO is so important to us now. AIMHO
Good chance EDR are signing a farm out this week.
Well, that’s a great start to 2020 and starting to feel the positive vibes even on this board. Wressle is massive for us and so is the Irish farmout. If we can have that sorted over the next couple of months and drilling in 2021, well this is going to rocket up to the drill and beyond, if success... all good and AIMHO :-)
Big jump by EDR last night and this morning... could be looking good with Wressle appeal. Fingers crossed :-)
We all knew weeks ago nothing was going to happen before G.E with wressle. With the AGM over and election tomorrow who knows what could happen on Friday or the week before Christmas. With the rise over the last couple of days, I’m hopeful as always that good news, that all the long term holders have been hoping for, finally arrives. Got my average down today to 3.5p, so sticking with that to see what plays out over the coming weeks/months. I really do think this is to low for what could happen before next summer. AIMHO :-)
I bought EOG again this morning to take me to a nice even number, but again shows up as a sell for my 16520. How can we trust what ‘trade buys’ say as it’s as if they just guess by the price the shares ‘sell’ for. Surely they should have a more accurate way of showing this. So what percentage of sells are buys and vice versa. Just a thought :-)
GEMD board really have to do something about the downward slide in the share price. There is no bottom here, it looks like. For a company with so little shares in issue and no debt, we should never be as low at this for the turnover we have. Got to be the board’s failure with their dividend policy and no wonder major shareholders not happy with their stance. Also, with last years and all the large diamond finds you have to ask yourself where all that money went especially the $46m one. That’s along should have been worth 2p dividend, if dealt with shareholder interests at heart. AIMHO and all that :-)
Wish they start putting out RNS about diamond finds again. This is now back to its all time low. Who knows where the bottom is. Not good at all.
I also think the same Brezhnef and interesting times ahead. I don’t see this as a negative and I would not be surprised if this had been planned for a few months now. All IMHO :-)
Interesting developments this morning with HM. Some have got their wishes, so let’s see if it’s a good thing or not. Only time will tell :-)
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 :-)
Union Jack sold their share to. So in six month hope UKOG shares spike up to 10p :-)
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 :-)
Google gets all their share info from morning star and there is says £2.24. Google mistake
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 :-)