Member Info for HAPPYFISH

12k buy just gone through at 3.6p premium again

9.7p per share trading in Oslo

Being offered 3.31p to sell large volume. No chance!

CERP average current 600 BOPD with complicated tax issues as you state. Just shows the undervaluation/potential here if we increase production.

If they show decent flow rates at C37 proving operational success then this will be transformative for the share price. The decision to purchase own drilling rig and team could prove to be a master stroke.

Being offered 3.25p for 500,000 shares

I'm a long term holder since the 10p days however have never sold a share and still feel confident of a heavy re-rate coming weeks/months

Norway 15% up

Sorry converted USD over Canada! Thanks for the correction

I think Norway seems closer to realistic valuation pre flow rates

We have Norway trading at 9p equivalent and Canada 5.7p. Why are we valued so far behind? It surely has to gap up

They would take large volume at 3.05

Buy 3.19p and sell 3.08p

In the interview Andrea confirms 'end of this year' and that they are still on track. This would indicate that C37 - 400? C30 - 400? Current production 250 APX?

Can anybody explain why Oslo is trading at equivalent 8.8p per share and we are at 3.15?

Oslo is in the red today however still represents 7.7p compared to our 3.15p so a 145% premium!

Extract from below (not wishing to be ramptastic)

Management have assumed the lowest historical flow from wells, i.e. a minimum production increase of
15 barrels per day per workover (whereas they have historically been up to 33 per day), and an increase in
approximately 450 barrels per day from new wells (whereas management claims that similar wells in the same
area have been producing up to 3,000 barrels per day).

Going by the Arc Rating report they are suggesting 450 minimum which would then put them on track for 1,000 BOPD if they have similar success at C30

That's because at £1.35 you could both buy and sell at the same figure...very strange! With a broker target of £4.95 and an unrisked target of over £20 per share I'm not worried at all by this fall back....Institutions loading up then they will let it go.

http://www.proactiveinvestors.co.uk/companies/news/27204/african-aura-shares-tumble-ahead-of-the-split-but-dont-panic-the-fall-is-purely-a-technicality--27204.html

I also believe that this will be a great deal for all holders if you see that AAAM (or AFF should I say). We are targeting 4BT of Iron Ore at Nkout 100% owned and in recent podcast potential of 5BT at Putu 38.5% owned. This alone would put us at a 1 Billion market cap company forgetting the gold.