Member Info for Investor14

Gutted; built a big position over last week; wipped; did not expect it to be binary; AAOG had a 56m column and look how excited they were; this was 10 times that; what went so wrong

What flow rates are we hoping and what oil column do we want to confirm to thrust the SP back up to the 16-18p range?

Iv held this for best part of a year; it is one of the leakiest shares out there; I am 4Q’d if the EMS Is not a good as expected

check the trading activity on all the big announcements this has made in the last 9 months; just before news has released the SP has moved at least 10% in right direction. Now I’m not saying that is the case here; but it does make you a little concerned; a £45K trade last week and now a £32K trade...

Calling out aside this share has been very leaky in the past; some big sells have gone through in the past week... wondering if there are some issues?

How has the bid just dropped.... dropping on tiny volume

150000?

Did you mean “Im in agreement no news is good news. if this was a fail we would have known by now ( As I was advised). Its all to do with the flow rate and recoverable barrels. This will be key.

Wow; interesting price action; anyone notice that 10K buyer... been picking up all the loose stock for a few days....

Agree re free float; like I said traders are after it; once it raises a few % FOMO and herd may push this above £1.30 resistance

Over simplification there; £10m difference which swings it from profit to loss; but they also said smaller margins and a few other points... Suggests a huge shift in outlook and projections.. feel like more details are needed...

What value do you ascribe to YU post that RNS? How have you come about this valuation?? Think a lot of people have bought purely for a trade; also feel MMs know this and are lowering/increasing bid ask to suit; battle of the nerves. But clarity is needed on margins; contracts and PnL before you can realistically value this and then determine if overdone; atm stab in the dark I feel;

Eddie (in the Venom voice) what was your investment rationale prior to the RNs on Wed?

Wondering if it was a stop loss that triggered their sell; doubt IMs is such tools; surely they’d want a meeting with management to determine if they can claw money back; that’s a huge hit for them; won’t just sell out to further compound the loss

Has someone really bought and sold in the space of a few minutes? Think a lot of people jumped in thinking this was massively oversold and now selling cos it’s not rising; if CC start selling the price will collapse; buyers seem to have dried up; let’s see who blinks first. From a purely fundamental perspective; did they change that much to warrant an 80% drop??

Not sure that is the case; From my interpretation they will extend the loan by 12 months and reduce the coupon to 12%; NCCL proposal includes option to convert at 10p; so will be keen to see how this is actually worded in the final structure; think people are sitting on sidelines; the last podcast opened a massive can of worms; highlight additional hoops which have to be jumped through; hopefully they will be addressed; hoping for loan to be re-structured in line with announcement by the end of the month and then the support letter to really push the SP; dropping like a lead balloon at the moment and will continue in the range 5.5-6 for next 10 Trading sessions

Been chasing David for two weeks for a response; he replies Daily saying il reply tonight. Told him my concerns are not meeting deadlines; whether that’s operational or replying; delays in licence and drilling and fears of fund raise. Will post once I hear from him but from previous experience; such delays are never end up well so will sit on the side lines until there is more clarity on licence, drilling and funding

apologies for not replying yet but I wanted to take the time to reply to the more general questions. I am running to meetings now but will get back to you tomorrow. Kind regards, David

18:29 ;0)

Last night Have asked a few more questionsd; will post once I receive