Member Info for HotShot69

Well, rats and sinking ship analogy seems to fit here unfortunately... mind the doors on the way out!! Gravy train halting at the next station? GL all.

Appears to be game over here! Shambolic performance from the BOD, but I bet they don't lose too much a) money or b) sleep over it. GL All.

They had a consolidation at 250 for 1, in April... which resulted in the initial conversion price of 14p at that time. Since then of course, the price has plummeted to where it is now. GL.

Seems news is imminent... price is rising rapidly!

Good Luck... I really do hope you succeed. The directors/CEO really don't care... 2017/2018/2019 how long it takes... to them it's just another year on year wage-fest (at $1.4m for the CEO in hard-earned "wages" last year). Life of Riley on AIM :)

http://www.investegate.co.uk/sefton-holders/rns/sefton-resources---egm-called-to-replace-the-board/201610040700065718L/

Answers my question from yesterday... will M&G keep selling - erm, YES!!

Probably, they see the SP halved from earlier this week, and directors buying... think, it's going to go whizzing up. Sadly, that's not how TRP works. Consolidation at 14p, now it's trading at 2.5p. Slippery slope... down!

According to the last set of accounts... Graeme Thomson $1,388,459 (including cash and share-based payments). Nice work, if you can get it :)

Yes, Namibia... I still have nightmares!! :) They do say now though, they've abandoned their "wildcat" policy and are drilling "sure-fire" wells, that will almost certainly have a better-than-average shot at finding oil. I am yet to be convinced, and will not be investing here... others may see it differently! GLA.

I think we all know this will not be the end of it. They stated working capital to Q1/2017, but I think we know they will be back for more. Probable raise again, and possibly even another consolidation, down the line... it's that bad!! Wonder if M&G will continue selling, even with the SP where it is now? Sinking to placing price or lower soon. Bad times at Tower... GLA.

The price was 14p... now, they're issuing more shares, at 2.25p. It's madness. GLA.

Hmmm, placing at 2.25p, plus open offer... well, it's certainly a big discount!! GLA.

.. and he's gone. Will the world miss him? http://www.bbc.co.uk/news/world-asia-37253028

Since posting this, the BDO have changed their website, and this statement on the OXUS page (regarding end of August update being posted on it) is no longer present!! I hope it's still applicable though, as it's been a while since any update... GLA.

As has been stated, the conversion was at 250/1 and when it converted, on conversion day (a few months back)... the new SP was reset to 14.5p initially - as you can see now, it's more than halved again from that, and seems to be still falling. Not sure any good news is coming either, to generate much interest in 2016?

Guess not! I have a few, sitting on my trading account, staring me in the eye every day... nothing to be done!! :)

Well done... I genuinely hope you get it back. I suppose on a 97% loss, you may as well stick it out until the end eh... sh*t or bust. Maybe 2017 will be their year?

Still invested here? What exactly are they doing in 2016, other than taking a big fat wage every month and hoping to find a drop of oil somewhere in 2017? This cost me a lot of money back in the "glowing in the dark" day, so like to keep tabs on what's occurring!! :) GLA.

Still here, keeping tabs on what remains of Oxus?? The BDO website states "The next progress report to creditors will be placed on this website by the end of August 2016." Not long to find out if it's gone or still considering appealing the decision?? GLA.