Member Info for Ibiza28

Maybe just maybe this is it. I get the feeling that something has been let out in the open because a arise like this from pretty well no where is very unusual a 14% rise in the day and there were a very large number of sales coming in during the last half an hour. GLA

I will happily send my congrats to Paul and Lonny once we have found what we think is there and it is flowing but until then it is just words on paper.

Yes i believe it is there and that we will get to it but being a boring old accountant i would want to go for the one that gives us the quickest route to cash and that is the CNG to AG and raise the first sale on to them. Use the cash to refund to shareholders and retain a chuck to drill the next umpteen million wells they want to drill. Personally i want something more tangible out of this share than just words as soon as possible.

I was rather hoping that Ireland might turn up something against all the odds but I now think that is very unlikely unless there is change in Ryan or a change of minister. Cannot see either at the moment.

Tend to agree 12% odds seems very poor and also why go for this high risk or seemingly high risk strategy first. I just feel there is something here we are missing because at the moment this is not stacking up correctly for me. I always thought our odds of success were a lot higher than just 12%.

Lay off WOS one thing at a time. Let us get this B*****y LP from this dodgy provincial leader and then you cal talk about how fast this SP will rise. No one is buying it any more and dare i say it but very few are buying this share.at the moment.

MB has to make something happen before presentation as he cannot do it at the presentation as it would be price sensitive and therefore after presentation this share will tank. It will happen it is just a question of when and at what cost to PM. those are the unknown ponderables. One he can cover at meeting ie finances the other he can infer to but cannot say anything directly unless RNS comes that morning.

I think this could work very nicely in our favour. What politicians need most of all is to have an escape route and because of the change in PM, Ryan now has one and can blame it all on the new PM. The fact that he himself ha overseen this mess will get swept under the carpet. Personally i do not care how he manages it as long as we get our day in the sun at long last. GLA

I would tend to agree unless we get a RNS in next couple of days then this will not go anywhere until after the General Election. No politician likes to go against the will of the people when there is a vote in the offing. If nothing soon this could well wait till after the Mongolian summer holidays and not till September this year.

I think there is something in the air at the moment. I am getting that feeling this rise is a lot more than just a bit of hype or recognition that this is a much undervalued asset. This is a lot more than just Bed and ISA ing . If this is happening now imagine what this is likely to look like when Monday comes and the new tax year.

Very sensibile move Oldslow i am told Spageetti trees are the way of the future. There is new variety out now where it comes pre-packaged and that will save the end user a lot of money.

I think (if it comes up) that what PG does with Ireland will very much depend on what he sees happening in Morocco and also West Africa. He may want the bird in the bush rather than keep the stub equity so to speak in Ireland. Mind you if the deal is good and the unique situation vis a vi transport and storage pipeline may have significant value he may be able do both. Get a price that gives us an almost immediate ROI plus keep cash aside for all work in Morocco, West Africa and Trimidad and retain some stub equity. But at the moment i am not holding my breath over it all i am seeing are flying pigs but you never know one may just start flying.

Borrowing might become an issue but we have no idea what SunSteepe might be bringing in yet. It might be nothing but i might also be enough just to pay running cost bills.. Who knows i know i do not so do not just assume the worst.

Fair enough question if you ask this of all your invested companies. So would you ask it of Boeing or Virgin and what do you know of there ability to manage in these situations. Personally i reckon Lonnie would take over now as to his qualities i could not tell you nor do i know who would take over if Lonnie were to die of shock on hearing the news that PG had passed away. Get real this is a penny AIMS stock not a Blue Chip AAA Ftse 100 company. If you do not like do not invest.

I would agree with KO listern and read the presentation if you do not believe do not invest if you do then hol.d IMO

Very interesting but will it come to anything. One has a feeling this could be yet another meeting that is going to be hijacked/sidetracked by PC incompetence.

Yeserday WOS discussed idea of PC buying out PM. i wonder would Govt allow such a transaction seeing as it would leave country to a whole bunch of cowboys. Slightly tongue in cheek would we be asked to buy out PC share in Mongolia. Now that would be turn up for the books.

I do not think bad news on Ireland will cripple the SP as i do not think it has been factored in. If PG had up played the chances at presentation which he did not then possibly. Our SP now i think not far off what 100% of Trinidad is.

There are not many people that i filter as i reckon all views are allowed but this is now a joke so he has been binned.

I would suggest we all shut up on here as everything is just b#####y conjecture at the moment. The bottom line is we have no clue because they have no clue. This is really getting beyond a joke and if the the government are really supportive i would suggest they pull their finger out and walk the walk and not just talk the talk. But will they i doubt it not before the next GE. After that if they get in they might but if they fail this share might be dead in the water.

Too many shares in issue that is the problem. 25bn it is confetti paper in a company that many have been well burned int he past.

IMO the PE idea was just exasperation and not given a great deal of thought not by someone who has always spoken about his "loyal shareholders" it would be shafting them in the back. Until someone comes up with plan that gives SH most of what they expect and i know many on here would be hoping for around the £10 a share mark and must admit i would not want to bow out at this stage for a great deal less.

I have managed to re arrange my timetable so to speak so now i can wait for a while at least. Hopefully Ireland might come off and that would be a nice bonus. But if PG is looking st West Africa then he must be thinking in the relative short term because where is the funding going to come from. He will not want to go back to markets at the moment and Trinidad is at best going to wipe its own nose (for the time being) So Ireland or for the first test drill must be lined up very shortly. GLA

There is still all to play for on this RNS.. If the oil was not running by now we would have found out and they would not still be testing or analysing. So i think that is one down and now due to viscosity i would reckon and a confirmation of the amount.

Just a warning there are so many shares here that the SP is going no where until we get some absolutely positive news of a sale to a major. This share is a traders dream and the company management is much the same. I would like the SP to hit a penny but i am not holding my breath for it.