Member Info for ismalia

The only thing that has changed over the last few days here is the sp which has drifted. The exceptional news we have, and is to come has not changed and if anything could be a lot better. We have half year figures due mid September and I am confident DB will be providing an upbeat forecast. WN, BIS, WRESSLE, current producing wells all for a MC of about £30m!

I have listened to DBs latest interview on Proactive Investor for the fourth time this morning. What he has said is very encouraging but importantly it is what he has not said that is massive imo. Listen carefully to what he thinks is in the ground - he hints that he has a rough idea but cannot say. Speaks volumes so there is no need to try and talk UJO up

Probably a Director or someone close to the company. Moving up ahead of the interims I suspect.

Looks as if we may need some cash!

Still interest and I think we can expect an upbeat second half forecast from MB in September and perhaps news of that new office he eluded to in the recent Proactive interview

Looking at the BOIL portfolio it looks as if Peru could be on the map soon. All that is neede is the confirmation of a partner and the potential could be huge for us. Also the Colter/ Purbeck projects have not gone away and I feel it reasonable to assume that if there was no value in Colter they would have known by now. I think there is a commercial find at Colter, they know it and the operator is working on the numbers. Problem for us PIs is that we have to be invested, be patient as any breaking news will make it too late. GLA

Yes looks as if Directors and existing holders took most with some bought by staff. Also I think there was some stock leaked out in small amounts before and may have been bought by small holders which will help market liquidity. Should see the sp move back to whence it came and beyond following the figures which we are told will see NBB back into profit.

Now we know who the seller was and the stock has been soaked up I expect to see the sp trading nearer the 10p level and to be supported by an upbeat half year result and positive forecast. At his Proactive Investor interview MB hinted at another office opening - perhaps we will learn more next month.

Seems to be positive trades so far this morning and I am wondering if the buying is by those in the know.

How long might we hay to wait before we might get oil?

Selling continues. Does somebody know something or is it simply former employees selling out having been shown the door. Or are things not as good as we would like?

Indonesia has always been on SGs agenda but we must not forget Colter and the new licences that have been granted. But Indo could provide substantial revenues over the coming months and we could see a marked improvement in the MC

You cannot compare values on WN alone as both RBD and UJO have additional but quite different prospects. But IMO both will be considerably higher once the full benefit of their respective prospects are monetised.

Why the interest - may be something or nothing but buyers are about at this low level

Not convinced there is a lot of value in Tanzania something I have been concerned about for some time. I also feel we will need to raise cash to progress the business.

I think it was about £600k + which would have included the recent raise I guess.
So if another junior wanted some cash, prospects and tax losses they may need to call the large shareholder who ever she is.

Yes I do agree that these are massively oversold and there a several prospects for them to proceed with. They have been given new prospects in the latest round and they would not get those if they were not worthy of them. Directors bought in at 0.08p, and we have a major holder who may be a seller to a third party who would like to have the benefit of the very large tax losses. Peru could be a gem and the Colter area could be worth a few bob. It will only take a slight hint of something interesting to move these back to the pre raise 0.13p.

Yes Fortitude I think we can look to a strong set of year end figures following the consolidation of all of their outlets. Also the first half absorbed the costs of acquisition and related costs. According to the websites the accommodation bookings are good and with the recent good weather and more staying at home there could be a very positive trading update. I think GC will want to move this to AIM quickly and perhaps raise cash to drive the company forward. He and his fellow investors paid 9p initially and I am sure they will be keen to see the sp back to that level quickly. The current £2.4m MC looks a bit low imo.

Could be, l'm well into both and see JLP. and GLR as hand in glove with both being undervalued on their potential.

Looks a bit like UJO imo, many posters on that board saw the potential at about 0.10p talked about it but the market didn't respond - now they are nearer 0.30p in a matter of weeks. I see the same for GLR but here the potential could be greater. CB loves to keep the investors in the loop and in GLR he will have a winner. £2.5m mc will look silly in a couple of months or so.