Member Info for gordon1237

a crock of s**t this is. Thought I had done well first buying at 2500 when it had previously been 5000. Later bought at 550 averaging down to 1500. See little prospect of getting my money back before I'm too old to care.

Actually 0.1046 to buy and 0.0975 to sell. So spread is 7%.

all happening. Not. Lol. Less than a grands worth of shares traded.

Enjoy Callum. I will be having a drop of scotch (whisky) tonight after two dry months. Was hoping to lose a fair bit if weight but it's less than a stone. Probably put it back on a lot quicker. Atb.

Hi Callum. The Magna deal was vetoed by the GOI. They then bought shares instead.
https://www.lse.co.uk/news/OEX/oil-to-retain-cambay-stake-issues-shares-to-magna-energy-p9gcjeju7ls96l1.html
Still gives an indication of what it was valued at then, even though a lot has changed since. We wont really know until that rns drops. Atb.

Sausage and Eagle also get the treatment. Interesting that he never mentions how much he lost when he sold out last year having previously stated he had almost enough (allegedly) for TR-1.
Anyway, off to Cheltenham today. Gla.

is back on Twitter. Nice to see he kept his word when ge said he was closing his account on 27th February. Lol.
He posted this about me which is absolutely hilarious.Lol.
" Gordon is an interesting creation. The ‘controller’ of the LSE board. Everyone looks up to Gordon, especially his pet ferret ‘Zag Egypt’. Those two are very close…which I’ve always found odd."
The guy is an absolute fantasist.

The whole company is valued at less than the cost of drilling one well. Go figure?

Come together.
https://youtu.be/45cYwDMibGo
Beatles classic.

Some big buys coming through. Hopefully will stabilise the price.

Roland has said that the aim is that the price of a 50 % farm in will be a free carry for the first two wells. We really need a cash injection in addition to that. The question is, how quickly will they get the cash once the jv is confirmed?

This emphasises why we need the jv as soon as possible.
"Group will require additional funding in due course to continue its exploration activities, progress the Cambay development and drilling programme, repay its loan balance, meet its ongoing administrative expenses, and for any new business opportunities that the Group may pursue".
We must hope the additional funding comes from the jv.
Gla.

9.5 million sell at 0.0915.

Mind you, there has recently been a massive drop in prices from last year's peak.

seens a bit odd.
" Due to the continued high gas prices, the Company has put its search for mature producing gas assets in the UK Continental Shelf area on hold."
Any thoughts? I can only think perhaps it means the high prices means current owners are unwilling to sell?

The losses were not unexpected. They merely emphasise that we need that jv, and quickly. Gla.

VF. Your company obviously has the recourses for multiple projects. Syn doesn't.

Nothing wrong with a company doing multiple things but for a one with very limited resources it might be best to wait for success in one before diversifying.

Next thing will be the bloody toaster has conked out. Lol.

Maybe I'm naive but can't see the trading thing myself. You'd have to very clever, lucky and patient to make any money. There are other bigger companies much more suited to trading.
The drift is due to events and long periods with nothing happening rather than anything said on here. Atb.