We would love to hear your thoughts about our site and services, please take our survey here.
I may be too close to this one but i don't see it as much of a gamble. The gamble is the territory we are in. In Nigeria we know there is gas there, we're not an explorer. We have spare capacity to sell that gas. We have contracts worth $4.3bn over the next years. The macro picture is an energy hungry nation with a growing population and investment in infrastructure. In Niger we are more of an explorer. We are 5/5 and there is little doubt there is more oil to be find. Trouble is we haven't had an update there for a while. I think AIM prefers a gamble. The Accugas business alone supports a higher SP. The Niger story is what usually gets AiMs juices flowing. I think it was Zengas comparing us to Recon the other day. We need to get the story out there. It's not wild cat drilling. We are 5/5 with billions being mentioned. If that story warms up we will fly.
I'm coming to the conclusion that the Accugas business is just not very sexy for AIM. I'm hoping the annual report will demonstrate a run rate and allow a rerating. Or a dividend there will definitely drive a re rating. It's not nice to see the 25% reduction but i am very optimistic it is temporary
I just hope we end up with more than "BFH"
Thanks Snaffleman! I'm with you. I'm not especially despondent. Save have doubled in the same time and there is tremendous room for growth. I'm not sure what the catalyst will be but our time will come here. I'm hoping the annual report and results will be the kickstart. I'm a salesman and i think this company needs selling better. I imagine AK is a great CEO, he isnt a great mouthpiece for the company. Nonetheless, the numbers will speak for themselves at some point! The irony with JLP is that my weakness is selling. I'm very good at buying and hanging on too long.
Can't believe i sold out of a company going sideways for years at 2.9p a year or so back to increase my exposure here. Thought i would be out and back in with profits from here! That company was JLP, now at 22p! ouch - a 7 fold increase would have me retiring!
I'm expecting 90p which is 10X the sp as was when it was stated as an ambition by the CFO. When? This year would be great!
i hope you mean 75p. That would do me!
Carrib are you still walking the beaches, looking at the peaches?
We are mostly of a certain age here i expect!
you can't beat a bit of bully.
Mandarin is interesting - that maybe for discussions in Niger around the forthcoming oil pipeline.
David Black or is it actually Bruce Hornsby?
Just think you could get a meal if you wait for 20p! I though that was the plan?
I can confirm that 3 of the "sells" at 10.5704 are "buys". I would extrapolate to the others being the same!
I can't believe there hasn't been more of a reaction. We jumped up to 13-14p on the back of the expressions of intent. We have had two further positive RNSs and it has been a bit of a damp squib. On the bright side it has extended the opportunity to get in early. I've added 50% to my holding today. Bring on the 10X event!
Straight through nnnnn nineteen (Paul Hardcastle)
Put that in your pipe and smoke it!
That's interesting - I allowed my mind to wander to exactly the same place this last weekend, needed a distraction from the rugby and football. A 200p share price and 10% dividend. It sounds fanciful given where we are today but the numbers and analysis absolutely support it as a real possibility
Not touched a drop for 5 years - throat cancer scare put paid to the booze and fags! There is a clarity of vision here!
It was normally me legless back in the day!
Not thanks to Malcy, it was actually Kalan for me, but I think a number of us find ourselves in exactly the same spot! Top heavy holding in good profit already with the prospects of a material difference to life if we end up back at our entry points. It was 35p for me. I was disappointed when it fell. I'm delighted now.
ignore previous post! Very obvious mistake!