Member Info for itsgambling

reposted to tidy up the � everywhere :-) 4th Aug 2017 - "The rig is due on site by 30 September 2017 and drilling TLP 103 should take approximately 45 days to complete." [TOTAL FABRICATION!!] 14th Sept 2017 - "It is therefore not anticipated that the rig will be available to AAOG until mid-December at the earliest." [MISLEADING INVESTORS] "TLP 101 well where quotes for replacing the entire flow lines between the well head and the separator have been received and a work order will be issued, with the work being completed by the end of October" [END OF OCTOBER !. HAHAHAHAHA] 25th Sept 2017 - "Oleg Schkoda has stepped down from the board of the Company and resigned from his position as Director of Operations" [HMMMMMM] 26th Sept 2017 - "I want to be clear that we are fully funded to drill the new TLP-103 well in accordance with current licence terms" [THEY KNEW FULL WELL THAT SNPC WERE NOT PAYING THEIR SHARE !! ACTIVELY MISLEADING INVESTORS!] 11th Dec 2017 - "AAOG is very pleased with progress on the licence extension and hopes to provide a further update on this before the end of the year" [NO UPDATE UNTIL MARCH!!] "the Company is discussing alternative offers in place from other contractors in order to ensure that drilling can commence in Q1 2018" [Q1 2018 !! HAHAHA !!! AND THEY KNEW THE SITUATON] 19th March 2018 - "Drilling operations at TLP-103 are planned to commence in June 2018." [OUTRIGHT LIES. MORE OF THE SAME PUSHING THE CAN DOWN THE ROAD AND MISLEADING INVESTORS.] 3RD MAY - "the flow rate immediately surpassed the previous rate of 35 bopd" - USUAL VAGUE NONSENSE, JUST TRYING TO FIND SOMETHING POSITIVE TO SAY TO CUSHION THE BLOW OF - . NO LICENCE, NO RIG, ALMOST NO CASH, PARTNER NOT CONTRIBUTING, NEED TO RAISE $6MILL. This is what I call red flags. Disgusting. And so much pain to come over the next few weeks & months IG

4th Aug 2017 - �The rig is due on site by 30 September 2017 and drilling TLP 103 should take approximately 45 days to complete.� [TOTAL FABRICATION!!] 14th Sept 2017 - �It is therefore not anticipated that the rig will be available to AAOG until mid-December at the earliest.� [MISLEADING INVESTORS] �TLP 101 well where quotes for replacing the entire flow lines between the well head and the separator have been received and a work order will be issued, with the work being completed by the end of October� [END OF OCTOBER �. HAHAHAHAHA] 25th Sept 2017 - �Oleg Schkoda has stepped down from the board of the Company and resigned from his position as Director of Operations� [HMMMMMM] 26th Sept 2017 - �I want to be clear that we are fully funded to drill the new TLP-103 well in accordance with current licence terms� [THEY KNEW FULL WELL THAT SNPC WERE NOT PAYING THEIR SHARE � ACTIVELY MISLEADING INVESTORS!] 11th Dec 2017 - �AAOG is very pleased with progress on the licence extension and hopes to provide a further update on this before the end of the year� [NO UPDATE UNTIL MARCH!!] �the Company is discussing alternative offers in place from other contractors in order to ensure that drilling can commence in Q1 2018� [Q1 2018 � HAHAHA � AND THEY KNEW THE SITUATON] 19th March 2018 - �Drilling operations at TLP-103 are planned to commence in June 2018.� [OUTRIGHT LIES. MORE OF THE SAME PUSHING THE CAN DOWN THE ROAD AND MISLEADING INVESTORS.] 3RD MAY - �the flow rate immediately surpassed the previous rate of 35 bopd� - USUAL VAGUE NONSENSE, JUST TRYING TO FIND SOMETHING POSITIVE TO SAY TO CUSHION THE BLOW OF �. NO LICENCE, NO RIG, ALMOST NO CASH, PARTNER NOT CONTRIBUTING, NEED TO RAISE $6MILL. This is what I call red flags. Disgusting. IG

Hi Joe. Personally, from aim companies, I consider honesty with investors and skin in the game to be high priorities. These clowns have basically achieved zero, have wasted millions of investors money, haven't risked any of their own money and have actively misled shareholders. Right now they are in a very precarious position. Without the giant fund raise they can't drill and are very unlikely to get the licence Imo. Yet, without the licence, I can't see them raising $6mill except on horrid term where shareholders give away most of the equity. I say 'they' are in a precarious position. But obviously - as they haven't invested - it's actually not them in such a mess. If this goes like Sefton's previous venture and folds due to lack of cash then they lose nothing. IG

Generous of a few pis to buy some shares now and let the iis sell prior to the huge fund raise rns !?!?! Oh well. You can lead a horse to water .... IG

Generous of a few pis to buy some shares now and let the iis sell prior to the fund rns !?!?! Oh well. You can lead a horse to water .... IG

Mcap is fast approaching the same amount they need to raise. Ie. The cost of the raise to holders (in terms of dilution) is getting very ugly. I still feel they will not be able to get the licence until it's clear they can afford to drill. So fund raise will be first. If it's cln death spiral funding you can pretty much close the door on ever seeing 10p again. IG

Series

Thanks. It's such a shame. The original business case was really compelling. When directors treat shareholders with distain like this it gets right under my skin. This serious of half truths and ommited information has been disgusting. IG

Just Cantors left on the bid with 5k shares. Spread down to 0.1 to encourage buying. I can buy a bucket load at just over 10p (obviously not going to). Last chance, for several months at least (possibly ever), to sell at 10p IMO IG

is back. Lots of manipulation and attention here for a low volume day. Maybe the NDA submission is expected (certainly is by me!) and someone is trying to trigger a few stops? Weirest share. All the messing around makes me increasingly confident there is a huge prize at the end of it all. IG PS: I've topped up again. 343k now. The risk reward is too compelling.

Be patient pawn. It will be down heavily this week. For all the reasons I have previously given. IG Ps. The fact that you and others look at the trading on Friday and can't work out that the 1 mill trade was a sell order filled all day says a lot.

When the sp drops below 7p you have to question how they will raise in excess of the mcap. And without the fund raise I can't see the gov granting the licence (they took a visit to the site - you can be sure they also looked at the company accounts to ensure they can afford to drill). Red flag city. Including most recenly the company giving the market a heads up that they will need to raise $6mill very soon. Unbelievable incompetence. IG

Well done on reducing your position here pawn. Completely understandable. And also well done on buying in the 8-9p range, I didnt realise it had dropped sub 9p back in Feb. With the significant holders reducing their position I expect you will see much lower this week. No tr01 today, they probably want to get rid of as much as possible before reporting it and further spooking the market. IG

Pawn. You are obviously, and understandably, anxious about your holding here. With institutions reducing their position (I'm inferring that from the 1m sell on Friday) and the partner not paying their share of the drill and a $6mill fund raise in the pipeline there is a lot to be anxious about. Things can change, they might get the licence and be able to raise the funds, the bod might even invest some of their own cash. I've made my position clear that I see the sp falling considerably from here and wouldn't invest. This is a forum to discuss the company. The pros and cons. Please can I ask you to focus your efforts and chat on aaog rather than attacking individuals and other holdings they have. IG

I bet that's the route they choose. Will be ugly if they do. Much better to offer pis the chance to invest imo. SNPC will be getting such a good deal either way. We have to pay upfront for all drill costs, yet - after costs are reclaimed - they will get their share of any profit. No risk for them at all. Any decent bod would have been very clear from the start that an almost 50% partner was keen and prepared to pay their share. Sheer incompetence or outright misleading investors. No wonder the bod have not risked any of their own money! IG

Haha - you think the mms are charities? The sell order was being filled all day. Hence a reasonable chunk of buying failed to significantly shift the sp. There should be a tr01 next week to confirm. Even 'sounding off' accepts this was a large holder reducing their position. Always wrong hey? Expect that I said months ago that they wouldnt have enough cash for their share of the drill (bod misled investors here). I also said months ago that the partner wasn't paying their share (bod have known that the partner wasn't going to pay for ages and again misled investors). At the beginning of the year I said there would be a fund raise of about £5mill. And "the rig will be on site in September" and licence news by year end (4 months ago) ... I can go on and on with examples of where the bod have misled investors. It really annoys me. Sadly there will always be suckers who believe the next news will be brilliant. Almost out of cash. No rig. No licence. Partner not paying their share. $6mill fund raise coming soon. Best of luck IG

Looks like a signifcant holder is unwinding their position. And no wonder - the licence delays and lack of support from the partner stinks and is a significant risk of losing all. Without funding, will they get the licence?? Without licence, I can't see them getting funding!! Oh dear. Nice to see SO off still in dreamland. They targetted 250 bopd from the workovers. Sefton claimed this was 100% likely by last summer. A year later they are producing 35 bopd - not sure how that meets initial targets? Usual lack of specific detail in the last rns is typical of this bod. I remember last summer them saying the rig for 103 would be on site in September, only to find later that they had failed to mention that they had not secured a rig. And that the partner was not paying their share so actually they couldn't afford one anyway. The bod not buying in has always been a big red flag. I seem to remember, this winter, after failing to achieve performance target's for their options, they simply moved the goal posts. A list of red flags here as long as your arm. Until there is clarity about the licence I won't be investing no matter how low it drops. After the past performance and with so much uncertainty let's see who's prepared to stump up $6mill and at what cost to holders. As I said earlier, I looks like institutions are disposing rather than accumulating. Best of luck IG

Have you completely sold out of aaog? Which update was the final straw? Any guesses at the price for the upcoming massive $6mill fund raise? IG

If the constant negativeness and cr ap annoys you. Just don't read the rns Hahaha IG

Yes mate, as the sum total of 2 years work and $20 or 30 million of investors money, the new website is a clear success story. IG