Member Info for GoldAnOil

Correct me if I'm wrong, but this news will trigger the 2nd Tranche payment!

Should be a Blue day !

...As I understand it, CalEnergy have acquired the company for £10 million.

If things are as bad as we were led to believe, why would they do that?

...by a Thousand cuts!

Reminds me of my other great loss...IOG

...Boll**ks!

I'll be adding more at these bargain prices. The divi will be a bonus!

...By a Thousand Cuts!

These small daily drops are hurting now and make for a sad looking graph!

...attacking Lebanon in response to Hezbollah missile strikes.

Expect a further drop here.

... the geograhical location of the producing wells, they are in a very vulnerable and disputed position.

Lebanon have a claim on part of the area and Hezbollah have indicated that they have missiles from Iran and Russia that have the range and accuracy to reach the area, should things escalate.

Worrying times and not without risk, but indeed offering a chance to get into a high dividend share at a bargain price.

...GSK are raising cash to buy FUM.

Just sold £885m worth of Haleon, should just about cover it!

...with HL, @26.5p!

...I've been in SOLG since the days they were kicking rocks around the Solomon Islands and have always bought on the lows until they are also my largest holding.

However, I was also in IOG in a very big way and it looks like I'm wiped out there, which leads to a loss of faith and a sense of panic, which has to be overcome.

IOG going bump doesn't help me in my buying decision here. On the one hand I see the drop as a buying window, but my experience at IOG makes me worry as I know first hand how quickly things can unravel!

...rubbing on some of the magic gel!

...how the SP has dropped so much with relatively small sells.

My fear is that the information that must surely come is not good and the big holders are lining up to sell.

Like others here, I'm well down and as much as I dislike the idea, I'm considering taking the hit!

...offers a good buying window I feel. FLO is quite cyclical and offers a slow but steady increase in SP from here.

I'm sure that 120p is not far off.

I would think that a few are questioning their judgement, not jus LOG administrators.
However, most of us believed, and hopefully still do that this will come good eventually. The time scales have moved terribly over the years and I agree, it does seem cursed, but I, and a lot of others will keep faith and at this price, I may very well buy more.
Geology says that the gas is there, let's get on and find it!

...to RN, he did say mid January, but didn't give a year!

Deltalo:
'Very exciting few months ahead I believe, Southwark about to come on stream in December that will see gas flows double,'
I'm not sure how long you have held IOG, but words like 'WILL' are not in the vocabulary I'm afreaid. Hopefully, Maybe, Perhaps or Possibly are more suitable

...posted by mjh.
It occours to me that we should be pleased at this'problem'
Have you seen the selling price of Sea Salt in Waitrose!

...we wanted, but nothing is a surprise anymore at IOG.
Following the rise of the last few days, I was hopefull that a good report was on the way, only to suffer the usual IOG letdown.
It will come good soon...honest!

...odd!
216p to buy, 10p above the offer price.
Surely if another offer were on the table we would have been told. Even with the potential divi, it doesn't add up to 216p.
What am I missing?