Member Info for Ihadanideaonce

HNR didn't rise on the initial news. This drop is a total over-reaction...and probably manipulation.

...doesn't make it any easier to watch, though. :(

If (IF) they hit oil, "soar" will be an understatement. It (IMO) will be one of the few times when the overused B word will be justified.

:)

Made the mistake of looking on Twitter... the skidmark is posting away on there as well. *sigh* No shame. Stance and wording changes depending on position. Neither can be trusted. I saw that it was talking about massive gains on another share before ducking out with 10-20% in an hour or 2.

It matters more to traders, yea.... but 10% better average now is 10% better at the end, too.

Everyone feels warm and fuzzy at the feeling of correctly picking the bottom to buy. Very few people are feeling that fuzziness right now. (including me, BTW!)

In it for the result.

Chart is unpleasant to look at, but daily volume doesn't match the SP movement. It's down here because MMs want it down here.

You lasted less than 7 hours "Last post from me now until results"

Filtered. Can't stick to your own words.

Why are you talking down your own punt money? If that's true, you're an idiot. This drill has a low COS....and it's not down to the environment. I know why i'm here and I can take the hit if my stance is wrong.

Not posting would be great. Thankyou :)

They had electricity for the first half of the drill. What's changed?

Your scare tactics are basic.

Desmond... I see that you post on 88E as well. From the 23rd Oct 2015 spud, their SP fell OVER 50% during the IW1 drill and analysis period. TD RNS'd on Dec 29th. The day before the analysis announcement in Feb 16 was red, with lower than normal volume.

Different drills, different location, different team.... but onto MATD:

10th July SL spud. SP lost 20% during the drill. Tiny volume and a red day before the duster announcement on Sep 20th.

So.... what conclusions can you draw from that?

How can good news come faster when the drill isn't finished?

That doesn't make sense.

I'd say that Oiler87 fits the description perfectly.

Day 22 into a drill that's expected to take 30 to 45 days to drill and log.

Worst-case: they're half-way through the time interval.

"can't be far from the bottom now" Has nothing to back it up for accuracy. There's nothing to make it look less likely.

If they have a team that can keep their mouths shut, there will be no indication until the RNS. It's less common, but it CAN happen.

eldorado: "They aren't going to be creating cash for much longer if oil keeps dropping at this rate."

BS. There is no reason for the oil price to go anywhere near its previous low. That drop was manufactured for a reason and it didn't work.

Also, AMER's costs are lower than a lot of rivals.

Yes, the automated sells are manipulating the SP. That's also being done for a reason- still to become clear. What do you think will happen when it stops?

AMER have historically made a mess of the drilling campaign,. which hurt LTH. The SP is at a low and all those drills are still to happen, with a fat cash position to back them up.

The SP might retest 10p- only a few % away, which is nothing on here. As with last time, I expect it to hold. IMO, you are pushing for a few %....and if it's going to happen, it'll happen even if you don't go on about it.

Are you posting these comments on ALL oilers? If not, why not?

There are drilling rigs in the Arctic. The temperatures in Mongolia are not a problem. The question is trusting the (Mongolian!) contractor to have the right equipment to drill in less pleasant conditions.

They knew what time of year they were going to be drilling.

It's not rocket science.

Also... everyone ON HERE knew when they were going to be drilling. Why bring it up now? I could have a guess....

9 posts on LSE with this particular username. All on the AMER board.

6 of them mention the lack of recent BoD buys.

We get it.

Resource estimate:
8.1 MMBO gross contingent resource (Mengo)
58.4 MMBO gross prospective resources (Djeno)

66.5MMBO

56% to AAOG: 37.24MMBO

Profit per barrel.....not currently known?

Let's say $20 just to pick a number.

37.24M x $20 = $745M = £576M

/ 162M shares currently in issue = £3.50.

Of course, the field will need developed which will chew into profits... but regardless, there is upside for success.

My biggest negative is the COS but AAOG *is* on my near-term watchlist and I am also aware that high risk = high reward... or high wipe-out.

We definitely agree on that! :D

An RNS to say nothing other than "still waiting?"

We both/all know that that's a waste of time. If there's nothing to say, there's nothing to say. The info is price- sensitive, we'll be told as soon as it's known (I expect an intra-day RNS one day)

It reads like you've missed the point.

"once outstanding regulatory approvals and consents have been received."

All involved drill partners ARE STILL WAITING FOR THESE.

There is no timing for the drill until these are received. NOTHING happens unless OGA and council give permission for something to happen. No equipment goes on the clock until it can do something- the daily costs are too high for anything other than a green light.

My previous post is for you as well, Analysister :)